A new institutional-grade Layer 1 blockchain reached mainnet on April 30, 2026, as Rayls officially opened its public chain to transactions – bringing together verifiable sub-second finality, low gas fees, live tokenomics and a privacy architecture that has been independently assessed by J.P. Morgan.
The launch marks the end of a development cycle that has quietly attracted some of the largest names in traditional and decentralized finance. The chain is built around Rayls’ proprietary Axyl consensus mechanism, which the team says sustains throughput above 15,000 transactions per second while maintaining the verifiable sub-second finality that institutional settlement desks require. Unlike many competing institutional blockchain efforts that demand entirely new developer toolchains, Rayls is fully EVM-compatible, meaning any Solidity-based application or smart contract can migrate without modification.
Dollar-denominated gas and live RLS tokenomics
Gas costs on the public chain are denominated in USDr, Rayls’ native dollar-pegged unit of account for network fees. The design gives treasury teams predictable dollar-budgeted gas costs rather than exposure to volatile native-token fee swings – a consistent complaint in enterprise blockchain deployments. The combination of low gas fees and deterministic dollar pricing is, according to the team, a direct response to operational finance requirements that have stalled adoption elsewhere.
The mainnet launch also brings Rayls’ RLS tokenomics live, including the network’s burn mechanism. That matters because Rayls is entering mainnet with institutional demand already visible across stablecoin issuance, tokenized real-world assets and production financial flows. The burn mechanism gives the public chain an economic layer designed to sit alongside its settlement infrastructure, rather than treating tokenomics as an afterthought.
Quantum-resistant privacy with regulator access
The privacy layer, branded the Enygma Protocol, is where Rayls diverges most sharply from other EVM chains. The system combines zero-knowledge proofs with homomorphic encryption, allowing transactions to be validated without exposing underlying asset or counterparty data. The architecture is also designed to be quantum-resistant, addressing a compliance horizon that regulators in the US, EU and Brazil have begun raising in policy consultations.
A feature called Auditor View allows institutions to grant selective, permissioned disclosure to regulators without opening the full transaction record. The design maps to requirements under MiCA in Europe, Brazil’s CVM and BACEN frameworks, and relevant US financial-market statutes. J.P. Morgan’s Kinexys division independently assessed the privacy implementation as part of its own deployment work on the chain – a validation that carries weight in institutional circles where third-party scrutiny matters more than white-paper claims.
A live partner base, not a launchpad demo
The partner base already in production underscores that the architecture performs outside the lab. XP Inc., Brazil’s largest independent investment bank, and Nuclea are issuing stablecoins on the network. AmFi brings tokenized real-world asset momentum, while Nimofast adds a tangible pipeline of real-economy assets and cash flows.
Animoca Brands represents the digital-assets side of the partner roster.
Rayls operates as an EVM-compatible institutional chain in a field where most competitors have chosen proprietary execution environments, requiring institutions to retrain developer teams and rebuild tooling from scratch. The EVM compatibility choice is a deliberate positioning decision: the existing Solidity developer base runs to tens of thousands of active engineers, and the smart-contract library is mature in a way that bespoke institutional runtimes are not.
The mainnet opens with the public chain live for transactions. Permissioned Rayls Private Networks used by institutions for tokenised assets, private stablecoins and settlement infrastructure – connect to the public chain through the Enygma Protocol bridge, which maintains privacy guarantees at the network boundary. XP and Nuclea are already issuing stablecoins on Rayls at launch.
With verifiable sub-second finality confirmed across testnet and the low gas fees locked in via the USDr denomination mechanism, RLS tokenomics now live and institutional demand already forming around real-world assets and stablecoins, the chain’s core performance and economic claims are now subject to public verification rather than internal benchmarks alone.
