Abey Foundation

The Abey Foundation is associated with Abey, an EVM compatible L1 blockchain built for DeFi, GameFi, Metaverse projects and more.

Last updated September 1, 2026

Overview

The Abey Foundation is mentioned on the official Abey website as the entity behind a grants program. Abey is described as an EVM compatible L1 with no downtime since its launch in 2018, using Delegated Proof-of-Stake consensus and capable of processing up to 3,000 TPS, scaling to 100,000 TPS with sharding. The ecosystem includes XSwap, a DEX, and XRacer, an NFT racing game.

History

The Abey Foundation is mentioned on the official Abey website as the entity behind a grants program. Abey is described as an EVM compatible L1 with no downtime since its launch in 2018. It uses Delegated Proof-of-Stake consensus and can process up to 3,000 TPS, scaling to 100,000 TPS with sharding. The ecosystem includes XSwap, the first and largest DEX on Abey, and XRacer, an NFT racing game.

Sources

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