Full-Time
Software Engineer
Frontend Design
N1
11-50 employees
Ethereum DeFi scaling via modular rollups
Compensation Overview
$100k - $180k/yr
New York, NY, USA
In Person
 Software Engineering (1) |
|---|
- Strong frontend development experience with modern web stacks (React, TypeScript, Next.js)
- An exceptional eye for design—whether self-taught or shaped by experience working closely with great designers
- A portfolio, GitHub, or personal side projects that demonstrates your taste and execution
- Experience in fast-paced engineering environments (startups, top tech companies, etc.)
- Familiarity with design systems, component libraries, and user flows
- Scrappy, product-driven mindset—you’re excited to wear multiple hats and ship fast
- Interest or experience in crypto/web3/blockchain is a plus
Layer N provides modular rollups on Ethereum to scale financial applications. It offers hyperperformant, customized rollups and a suite of APIs to enable DeFi platforms, financial institutions, and developers to build high-performance dApps with improved scalability and user experience. The product works by bundling multiple transactions into rollups that settle on Ethereum’s Proof-of-Stake network, using a shared communication layer to unify liquidity and improve capital efficiency. Security comes from leveraging Ethereum’s PoS chain. The company differentiates itself from competitors through its focus on modular, customizable rollups and shared liquidity infrastructure designed for high-throughput financial applications, aiming to deliver centralized-finance-level performance in a decentralized framework. Layer N’s goal is to achieve performance on par with centralized finance networks while preserving the decentralized ethos of blockchain technology.
Company Size
11-50
Company Stage
Seed
Total Funding
$7M
Headquarters
New York City, New York
Founded
2022
Simplify's Take
What believers are saying
- Amber Group commits $20 million to N1's DeFi liquidity program.
- $5 million seed raised by Founders Fund and dao5 in 2024.
- Team from DFINITY, Morpho, Solana, Harvard, and CMU drives execution.
What critics are saying
- Solana's 65,000 TPS mainnet diverts DeFi liquidity from N1 now.
- Ethereum Pectra upgrade in Q1 2026 obsoletes N1's L1 pivot.
- Sui's 297,000 TPS benchmarks steal N1's trading clients in 2025.
What makes N1 unique
- N1 evolved from Ethereum L2 to full-stack app-centric L1 in December 2024.
- N1 achieves 100k TPS on testnet with horizontal scalability for apps.
- N1 supports multi-language for high-frequency trading and AI dApps.
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Benefits
Remote Work Options
Flexible Work Hours
Paid Vacation
Growth & Insights and Company News
6 month growth
↓ -11%1 year growth
↓ -11%2 year growth
↑ 15%This week, 20 blockchain startups raised a total of $72.8 million. The largest deal was Gnosis HQ's $15 million M&A financing. Notable seed rounds include XP raising $6.2 million, KYD Labs $7.1 million, Nirvana Labs $6 million, Turtle Club $6.2 million, DoubleUp $4 million, and Perpl $9.3 million. Other projects like SpaceComputer, Taker Protocol, and UXLINK also secured funding, though amounts were undisclosed.
SAN FRANCISCO, April 10, 2024 /PRNewswire/ -- Today Layer N, a hyper-performant Layer 2 (L2) execution network, announced the launch of its testnet. Layer N first came out of stealth in September 2023 with a $5 million funding round backed by Peter Thiel's Founders Fund. Layer N is a novel execution layer designed as a network of rollups that share a unified communication and liquidity layer. Layer N aims to become the execution layer for thousands of hyper-optimized rollups, while maintaining a monolithic like UX for end-users.The public testnet is a unique opportunity for the community, users, and developers to experience first-hand how a fast and interconnected execution layer such as Layer N operates and how increased compute and shared liquidity can meaningfully enable a new class of on-chain applications. By designing the network for high throughput, low latency, and high composability/capital efficiency, Layer N aims to rival existing centralized networks. One of the first examples of a fully optimized rollup Virtual Machine (VM) deployed in Layer N is NordVM, an exchange-optimized engine that can already achieve lower execution latencies, higher throughput with TPS figures upwards of 100,000, and negligible transaction fees.Dima Romanov, CEO and Co-Founder of Layer N commented on the news, "Today marks a pivotal moment in the evolution of Layer N as we unveil our much-anticipated testnet phase 1
Layer N, a decentralized network that aims to improve the scalability and performance of Ethereum, has raised $20 million in a Series A funding round led by Founders Fund, the venture capital firm founded by Peter Thiel.
The new Ethereum scaling network Layer N has raised $5 million in a seed funding round led by PayPal co-founder Peter Thiel's Founders Fund and investment collective dao5.
Layer N, a NYC-based developer of a scalable layer 2 blockchain, raised a funding round of undisclosed amount. The round was co-led by Founders Fund, and dao5, with participation from SALT, Kraken Ventures, Mirana Ventures, Amber Group, Spencer Noon, Karthik Raju, and more. The company will use the funds to expand operations and its development efforts. Layer N is beginning its process of talking with early-stage teams and developers to grow its ecosystem ahead of its public release.Co-founded by experienced DeFi professionals Dima Romanov, David Cao, and Sheheryar Parvaz, Layer N is advancing a layer 2 network designed to hyper-scale financial applications on Ethereum. It is officially coming out of stealth with a network of highly specialized rollups for the financial ecosystem. These rollups offer hyper-performance and EVM composability under a shared liquidity and a shared communication layer, with the ultimate goal of becoming an infrastructure optimized for financial applications and dedicated to onboarding institutional liquidity