Public Chain

Where TradFi and DeFi truly meet

A fast, cheap, and secure EVM Layer-1 blockchain that brings the worlds of DeFi and TradFi together.

Rayls Sovereign Chain 1 Rayls Sovereign Chain 2 Rayls Sovereign Chain n WIDER DEFI ECOSYSTEMEthereumSolanaOther public chains
15k+
transactions per second, powered by Axyl
<1s
hard, deterministic finality, no chain reorganisations
USDr
gas, pegged 1:1 to the US dollar

The problem: open liquidity and regulated capital have no place to meet

Public chains

Open DeFi

  • Permissionless access
  • Composable protocols
  • Global liquidity

Transparent by default

Institutions

Regulated capital

  • ~$100 trillion
  • Privacy obligations
  • Audit requirements

Cannot publish client data

A stand-off: the world’s deepest pools of liquidity sit in systems that cannot interoperate with the onchain markets that need them.

The solution: a meeting place for all kinds of liquidity

Rayls Public Chain is that meeting place: a permissionless EVM Layer-1 that anyone can build on and transact over, engineered to the tolerances institutions settle on. Tokenised assets reach it from the Rayls Sovereign chains institutions run, liquidity arrives from the wider DeFi ecosystem, and both sides settle on one network at 15,000+ transactions per second with hard sub-second finality and fees priced in dollars.

Validator set
$RLS
7active validators, and growing

Secured by a global validator set

Validators around the world stake $RLS to take part in Axyl consensus and take half of every epoch’s fees in return, so the cost of attacking the chain and the reward for securing it are denominated in the same token.

Stake $RLS

Block production
Finalised in under a second · no reorganisations
$USDr
15,000+transactions per second

Settlement at institutional pace

Axyl delivers hard, deterministic finality in under a second with no chain reorganisations. Every transaction pays its fee in $USDr, pegged 1:1 to the US dollar, so costs stay budgetable.

Watch it live on the explorer

Private to public bridge
Rayls Sovereign
Receivables
Tokenised deposits
Private credit
Lock Mint
Rayls Public Chain
Mirror token
Tradable onchain
Redeemable both ways
$100Tof regulated capital addressable

Private to public bridge

A custom lock-and-mint bridge, integrated directly with Rayls Sovereign, carries tokenised assets from an institution’s own chain onto the Public Chain. The asset is locked on the private side, a mirror token is minted on the public side, and it redeems the same way back.

Public to public bridge
Ethereum
Solana
Other chains
Rayls Public Chain
24/7open, permissionless liquidity

Public to public bridge

LayerZero, our bridging partner, carries liquidity in from Ethereum, Solana and the rest of the onchain economy, so DeFi capital meets tokenised real-world assets on one permissionless network.

Bridge on Stargate

Deploy
$ forge create --rpc-url https://mainnet-rpc.rayls.com \
    src/MyContract.sol:MyContract
✓ Deployed · chain 72957 · gas paid in USDr
FoundryHardhat Remixviem MetaMask
100%EVM-compatible, on Reth

Deploy with the tools you already use

No new language and no custom SDK. Standard 0x addresses, standard Ethereum JSON-RPC, and the Solidity toolchain unchanged — point it at chain ID 72957 and deploy.

Read the docs

$USDr, gas priced in dollars

$USDr is the native gas token of the Rayls Public Chain, pegged 1:1 to the US dollar and fully backed by USDC locked on Ethereum through LayerZero, our bridging partner. Transaction costs stay denominated in dollars instead of moving with a volatile native asset, so onchain activity can be budgeted like any other line item.

$RLS secures the network

Security on the Rayls Public Chain is underpinned by $RLS, the staking token of the Rayls ecosystem. Validators stake $RLS to take part in Axyl consensus and receive half of every epoch's fees in return, so the cost of attacking the chain and the reward for securing it are denominated in the same token. Anyone can delegate stake to a validator without running infrastructure.

In production and building
with major institutions

Brazil's largest payment financial market infrastructure, in production on Rayls since June 2024, tokenising around 40,000 corporate receivables monthly.
Selected Rayls for the Drex CBDC pilot, in which 16 of Brazil's largest banks settled tokenised commercial bank deposits against central bank reserves, across six use cases explored on Rayls infrastructure.
Rayls was tested in Project EPIC as a privacy and identity layer for institutional tokenisation.
Selected Rayls for the Drex CBDC pilot, in which 16 of Brazil's largest banks settled tokenised commercial bank deposits against central bank reserves, across six use cases explored on Rayls infrastructure.
Caixa Económica Federal, Brazil's largest publicly owned bank, is moving into production on Rayls to tokenise real estate credit and its repayment cashflows, targeting Q3 2026.
One of Brazil's largest investment platforms, with around $400 billion in client assets, issues the USDXP stablecoin on Rayls.
Brazil's largest tokenised private credit issuer, committed to issuing $1 billion in real-world assets on Rayls by July 2027.

In production and building with major institutions

How the Rayls Public Chain compares

Supported

Partial

Not supported

Criterion

Ethereum L1
OP Rollups
ZK Rollups
Private L1s
Hard, deterministic finality
Stable, dollar-pegged gas fees
15,000+ TPS
EVM-native
Permissionless access
Censorship resistant
Protocol-level transaction privacy
MEV protection
Permissionless validators

Build on the Rayls Public Chain

Point your existing toolchain at chain ID 72957 and deploy, or take twenty minutes with the team on what you are building.

Questions builders ask

What do I need to start building?

Nothing new. Rayls is 100% EVM compatible on the Reth execution client, so Foundry, Hardhat, Truffle, Remix, wagmi, viem, ethers and WalletConnect all work unmodified against standard 0x addresses. Mainnet is chain ID 72957 at mainnet-rpc.rayls.com, with a testnet at chain ID 7295799.

Do users have to be KYC verified?

No. The Rayls Public Chain is permissionless, and anyone can hold USDr, deploy a contract or transact on it. Compliance is determined at the smart contract layer, exactly as it is on Ethereum, so an application that needs verified counterparties enforces that in its own contracts. The permissioned layers sit elsewhere in the system: a Rayls Sovereign chain is private to the institution that runs it and permissioned on its own terms.

How are gas fees paid?

In USDr, the native gas token, pegged 1:1 to the dollar and backed by USDC bridged from Ethereum through LayerZero, our bridging partner, and held in onchain escrow. Fees accumulate in a Fees Aggregator contract, and once per 24-hour epoch they are swapped to RLS, with half paid to validators and half bridged back to Ethereum for burning. Burns are published at transparency.rayls.com and verifiable on Etherscan.

What performance and finality can we expect?

Axyl, a DAG-based Byzantine fault tolerant consensus derived from Narwhal and Bullshark and running on Reth, delivers 15,000+ transactions per second with hard, deterministic sub-second finality and no risk of chain reorganisations. It has been in production on the Public Chain since mainnet launch on 30 April 2026.

If it is a public chain, how is anything private?

Today it is not. The Public Chain is a transparent EVM chain, and Rayls Enygma privacy is coming to it rather than live on it. Enygma is in production in the Rayls Sovereign chains institutions run, where transactions are shielded by default and remain auditable by the institution's assigned auditor, using zero-knowledge proofs, homomorphic Pedersen commitments and post-quantum key encapsulation. The cryptography is published for peer review on the IACR ePrint archive.

Who runs the validators?

Validators stake RLS and take a share of each epoch's fees. The validator set today is made up of trusted financial institutions, which is what gives the chain censorship resistance that private L1s do not have, and the roadmap moves towards permissionless validators and MEV protection over time. Anyone can delegate stake without running infrastructure.