N1

N1 is a Layer 1 blockchain built for trading. Its network layer includes native orderbook, margining and request-for-quote modules, and N1 Exchange offers onchain perpetual futures, starting with TCGX, a trading-card index covering 160 card variants across four games.

Customers are traders using N1 Exchange at app.n1.xyz and on iOS and Android, and market makers, for whom an RFQ module and a Prime module (listed as coming soon) are described. The website does not state the revenue model.

Layer N came out of stealth in September 2023 with a $5M seed round co-led by Founders Fund and dao5, and became N1 in December 2024. The core contributor is Null Studios. Open roles are mainly in engineering (Rust backend, frontend, full stack, including interns and new grads) in New York City, with some remote and San Francisco listings, plus a Growth Lead role for Asia based in Hong Kong and Singapore.

Product: N1 Exchange: onchain perpetual futures on the N1 Layer 1 network, with RFQ and atomic execution modules and the TCGX trading-card index market.