AltLayer is a blockchain infrastructure protocol focused on enabling “restaked rollups” and modular rollup deployment.
Key features
• AltLayer positions itself as a protocol that allows developers to spin up application-specific rollups (both optimistic and ZK stacks) more easily. 
• The concept of restaking is central: AltLayer enables rollups to leverage economic security borrowed via restaking (e.g., using EigenLayer) to improve decentralization and security.
• The token ALT is the native utility/governance token of the protocol.
Purpose / Vision
AltLayer aims to build the infrastructure layer for Web3, where instead of one monolithic chain, you have modular layers and rollups that can be tailor-made for specific applications. From their website:
“We boost and customize rollups with versatile rollup stacks, DA solutions, and toolings.”
2. Tokenomics of ALT
Here are some of the major token-economics details:
• Max supply: 10 billion ALT tokens.
• Initial circulating supply at listing: 1.1 billion ALT (~11% of max) when listed on Binance.
• Allocation breakdown (from sources):
• Binance Launchpool: 5% (500 M ALT)
• Team: 15% (1.5 B ALT)
• Investors: ~18.5% (1.85 B ALT)
• Advisors: 5% (500 M ALT)
• Protocol development: 20% (2.0 B ALT)
• Ecosystem & community: 15% (1.5 B ALT)
• Treasury: 21.5% (2.15 B ALT)
Listing & Exchange Info
• AltLayer (ALT) was listed on Binance on 25 January 2024 at 10:00 UTC for pairs such as ALT/BTC, ALT/USDT, ALT/BNB etc.
• The protocol’s Binance research page confirms 1.1 billion ALT supply when listed.
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3. ALT on Binance – How and why
Why Binance matters
• Binance is one of the largest centralized exchanges worldwide; listing on Binance gives ALT wide visibility, liquidity and a strong trading venue.
• On Binance research page: “Supply When Listed on Binance: 1,100,000,000 ALT (11.00% of total token supply).”
How to buy ALT on Binance
According to Binance’s “How to Buy” guide:
• On the Binance platform, select ALT (AltLayer) and the currency you will use (e.g., USD or USDT).
• Use card, bank deposit or spot market depending on your region.
• For users based in Pakistan: you’d need to check local payment methods supported by Binance and ensure you comply with KYC/regulations.
Recent developments relevant for Binance users
• A notable token-swap event: The protocol swapped 400 million ALT tokens from BEP20 (Binance Smart Chain) to ERC20 (Ethereum) at Binance’s request, to rebalance liquidity.
• The swap was executed to maintain sufficient liquidity for the ERC20 version on Binance.
4. Use Cases & Ecosystem
Ecosystem involvement
• AltLayer supports a number of client projects: The website mentions collaboration with platforms like Xterio (gaming), Injective Protocol (DeFi), Cyber (social) etc.
• It emphasizes Rollup-as-a-Service (RaaS), AVS (Agent Verification Service) for AI, and restaked rollups.
Token utility
The ALT token is said to serve multiple roles:
• Governance: ALT holders may vote on protocol parameters.
• Fee payments: It may be used to pay protocol fees for rollups.
• Staking/Bonding: ALT is used in bonding/economic security models for rollups.
• Incentives: ALT distributes rewards to ecosystem participants. (From sources: token used for “governance, protocol fee payments, economic bonding, and protocol incentivization.”)
5. Risks & Considerations
• As with many blockchain infrastructure tokens, adoption is key: the value of ALT depends heavily on how many rollups are built using AltLayer’s stack and how much economic security is staked.
• The current circulating supply is ~4.48 billion ALT (as of latest) with max supply 10 billion.
• Infrastructure tokens typically have longer time-horizons for utility; purely speculative buying may carry significant risk.
• Cross-chain swaps and rebalancing (e.g., the 400 M token swap) suggest protocol and exchange are actively managing supply; though it also means monitoring chain versions (BEP20 vs ERC20).
• Regulatory issues: If you’re trading from Pakistan, ensure your fiat/crypto local regulations allow using Binance and the respective token.
6. Summary
In summary:
• AltLayer is an infrastructure project aimed at rollups and modular chain creation, which is a significant trend as chains evolve beyond monolithic designs.
• The ALT token has multiple utilities within the ecosystem and is traded on major exchanges such as Binance.
• For a Binance user, ALT offers exposure to the modular blockchain space, but with all the attendant risks of infrastructure tokens (adoption, competition, token supply, regulatory environment).
