---
# System prepended metadata

title: AVS Screening - OpenLayer

---

# AVS Screening - OpenLayer

## OpenLayer

Contract address: 00xF7fcff55d5FDAf2C3Bbeb140Be5e62a2c7D26Db3
Website: https://www.openlayer.tech/
Twitter: https://x.com/OpenLayerHQ
Docs: https://openlayer.gitbook.io/openlayer
Blog: https://medium.com/@openlayer
AVS Category: Web3 Infra
ETH Restaked: 1.88m ETH
Total Operators: 51
Total restakers: 193,470
Competitors: Brevis coChain, Automata AVS
Mainnet Date: May 9, 2024
Economic Security wanted: $6.65b
Operator limits: None
Points program: N/A


### AVS Description

OpenLayer is a decentralized data layer that leverages user participation to facilitate data validation in a secure, efficient, and transparent manner. The platform combines optimistic execution, cryptographic verification, and decentralized physical infrastructure networks (DePIN) to enhance the validation process. OpenLayer employs validation-as-a-service model that shortens the challenge period for transactions, speeding up the validation process and increasing efficiency.

### Unique Selling Proposition

OpenLayer AVS allows any user to become a node operator with minimal hardware requirements, democratizing access to blockchain participation. The use of assets restaking provides a strong deterrent against malicious behavior, ensuring network security. Executors can run on various devices, making it easy for a wide range of users to contribute to the network without the need for specialized hardware. By leveraging EigenLayer, OpenLayer AVS can bring any data from the public internet on-chain, expanding the types of data that can be securely and verifiably accessed within the blockchain. The system's use of lightweight cryptographic commitments and cryptographic fraud proofs ensures that all data and transactions are transparent and verifiable by anyone. 

### Economic Model

OpenLayer's provision for multi-token staking, as outlined in their [documentation](https://openlayer.gitbook.io/openlayer/openlayer-avs/multi-token-staking), suggests potential for diverse application use cases, particularly where the security requisite is proportionate to the token value of the engaging ecosystem.

More details remain to be disclosed.

### Points Program

N/A

### Builders

OpenLayer AVS is developed by a team with experience at Robinhood, Meta, Google, Dropbox, UC Berkeley, and Peking University. 

Lack of transparency regarding the identity of the founding team and core members on the official website, coupled with the absence of verifiable public records.


### Backers

Investors: a16z CSX, Geometry Ventures, LongHash Ventures. Grants from the Ethereum Foundation, Optimism, and Arbitrum.​

Partnerships: Avail, PublicAI, Movement, Sei, Plume Network, Drosera, Avail, Meter, CyberConnect

### Centralization

Contract owner is unidentified EOA: https://etherscan.io/address/0x4ca6ede3ad91d480efabc384ac6b8ccd5547b7d8

### Security

Third-party security audits have not been carried out, at least there is no official publication of such.

### Maturity

Mainnet date: May 9, 2024
Holesky date: April 5, 2024

No github repo founded.

### Opt Out

Exit conditions for operators choosing to withdraw from the validation process have not been specified.


### Regulatory Complexity

Low risk of legal challenges is anticipated for the project, rooted in its infrastructural nature, which positions it to be regulatory agnostic. 

### Risk Considerations

- The control is centralised in EOA, allegedly controlled by non-doxxed individual(s);
- Unknown founders;
- The economic model relies on the promise of further details "coming soon";
- The absence of publicly disclosed third-party security audits;



