Module 08DefineShort answer live

What is a layer 2 in crypto?

By the FOMOEgg CTO team · Updated October 16, 2026 · Lesson 44 of 48
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The FOMOEgg egg in the studio, illustrating: What is a layer 2 in crypto?
Short answer

A chain that batches transactions and settles on a base chain such as Ethereum, for lower cost.

How to check it yourself

  1. Find which base chain the layer 2 settles on in its official docs.
  2. Check which token pays gas on it.
  3. Look at a recent transaction fee on its explorer and compare it with the base chain.

Sources

  • decrypt.cohttps://decrypt.co/resources/what-robinhood-chain-ethereum-layer-2-network-tokenized-stocks?amp=1
  • forklog.comhttps://forklog.com/en/robinhood-launches-l2-for-asset-tokenization-amid-revenue-decline/

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Education only. Nothing here is financial, investment, legal or tax advice, and nothing here is a prediction or a promise about price. Memecoins are extremely high risk and you can lose everything you put in. FOMOEgg is a community-run memecoin and is not affiliated with Robinhood, PONS or fomo.