|
| 1 | +--- |
| 2 | +title: Flow EVM Overview |
| 3 | +sidebarTitle: "Overview" |
| 4 | +icon: "star" |
| 5 | +description: Flow EVM data on Dune |
| 6 | +--- |
| 7 | + |
| 8 | + |
| 9 | + |
| 10 | +## What is Flow EVM? |
| 11 | + |
| 12 | +Flow EVM is a fast EVM equivalent blockchain with low fees, making it an ideal **Ethereum alternative for apps** that need both performance and affordability. With EVM equivalency, Solidity developers can deploy existing contracts on Flow without rewriting code, instantly gaining access to Flow's ultra-fast transactions, low costs, and mainstream scalability. Builders can tap into Flow's unique IPs and large user base with no implementation risk. |
| 13 | + |
| 14 | +## Key Features |
| 15 | + |
| 16 | +- **EVM Equivalence**: Full compatibility with Ethereum smart contracts and tooling |
| 17 | +- **Ultra-Fast Performance**: Transaction throughput peaked to 2M daily transactions during 2023 |
| 18 | +- **Low Gas Fees**: Ultra-low cost gas fees with support for gasless experiences through sponsored transactions |
| 19 | +- **MEV Resilience**: Robust design offering improved market efficiency, fairness, and trust for DeFi apps |
| 20 | +- **Cross-VM Integration**: Seamless token transfers between EVM and Cadence environments |
| 21 | +- **Account Linking**: Advanced account abstraction model enabling smooth user onboarding |
| 22 | + |
| 23 | +## Performance & Scalability |
| 24 | + |
| 25 | +- **Daily Transaction Volume**: Sustained similar average transaction volume as Ethereum |
| 26 | +- **Scalability**: Currently scalable to 5x more transactions with further performance optimizations |
| 27 | +- **State Space**: Extensible to petabyte scale for onchain application data storage |
| 28 | +- **Multi-Node Architecture**: Innovative distributed consensus with flexible transaction model |
| 29 | +- **Parallel Execution**: Further throughput optimization capabilities coming soon |
| 30 | + |
| 31 | +## Technical Architecture |
| 32 | + |
| 33 | +- **EVM Transactions**: Composed and executed within Cadence transactions |
| 34 | +- **Native VM Token Bridge**: Instant cross-VM token transfers in single atomic transactions |
| 35 | +- **Shared Gas Token**: Both EVM and Cadence environments use FLOW as gas |
| 36 | +- **Hybrid Capabilities**: Expand EVM limitations using Cadence's powerful account model |
| 37 | +- **Multi-Role Node Architecture**: Heterogeneous node roles ensuring MEV resilience |
| 38 | + |
| 39 | +## Ecosystem Highlights |
| 40 | + |
| 41 | +- Seamless integration for Ethereum developers with existing toolchain |
| 42 | +- Best-in-class UX through Account Linking and account abstraction |
| 43 | +- Support for both EVM and Cadence smart contract environments |
| 44 | +- Novel use-cases through VM integration patterns |
| 45 | +- Strong economic disincentives for collusion and frontrunning attacks |
| 46 | + |
| 47 | +## Data on Dune |
| 48 | + |
| 49 | +<CardGroup cols={2}> |
| 50 | + <Card title="Raw Data" icon="database" href="/data-catalog/evm/flow-evm/raw/blocks"> |
| 51 | + Access to raw blockchain data including blocks, transactions, logs, and traces |
| 52 | + </Card> |
| 53 | + <Card title="Decoded Data" icon="code" href="/data-catalog/evm/flow-evm/decoded/overview"> |
| 54 | + Human-readable contract interactions and events |
| 55 | + </Card> |
| 56 | +</CardGroup> |
| 57 | + |
| 58 | +## Resources |
| 59 | + |
| 60 | +<CardGroup cols={1}> |
| 61 | + <Card title="Flow EVM Documentation" icon="link" href="https://developers.flow.com/build/evm/about"> |
| 62 | + Official documentation for developers building on Flow EVM |
| 63 | + </Card> |
| 64 | +</CardGroup> |
0 commit comments