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Neon Ecosystem

Neon EVM is a solution that leverages Solana's high throughput, fast block speeds, and low gas fees for Ethereum-compatible smart contracts. Neon EVM interacts directly with Solana nodes to execute transactions. The ecosystem comprises three core components:

  • Neon EVM
  • Neon Proxy
  • Neon DAO

This page provides a high-level overview of these components, along with native tools and integrations within the Neon Ecosystem.

Neon EVM Program

The Neon EVM program is a smart contract deployed on the Solana blockchain. It processes Ethereum-like transactions, referred to as Neon Transactions, on Solana while adhering to Ethereum's rules.

Neon Transactions: A subset of Ethereum's JSON-RPC Specification can be directed to the Neon EVM as inputs for targeted Neon clients.

Neon Proxy

The Neon Proxy enables Ethereum dApps to be ported to Neon EVM with minimal reconfiguration by packaging EVM transactions into Solana transactions. It is provided as a containerized solution for Operators.

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Neon Operators run Neon Proxy servers to facilitate Ethereum-like transactions on Solana. Operators accept payments in NEON tokens (with plans to expand payment options) and settle payments within the Solana ecosystem in SOL.

The NEON Token

The NEON token serves two primary functions:

1. Payment of Gas Fees

Neon Proxy Operators accept NEON tokens from users to cover gas fees for transaction execution.

2. Governance

NEON token holders can participate in Neon DAO activities to influence the ecosystem's development.

Neon DAO

The Neon DAO provides custodial services to the Neon Foundation, guiding future research and development. Deployed as a series of smart contracts on Solana, the DAO enables NEON token holders to propose and vote on initiatives that impact Neon EVM functionality through a web interface.

Neon Tools

Block Explorer

BlockScout offers a block explorer and analytics platform to inspect Neon transactions on Solana.

NeonPass

NeonPass facilitates the transfer of ERC-20 tokens between Solana and Neon EVM using an ERC-20 SPL wrapper via non-custodial wallets.

See the NeonPass guide for details.

NeonFaucet

NeonFaucet provides NEON test tokens and other ERC-20 test tokens for testing applications on DevNet.

Integrations

Neon EVM integrates with several essential services:

Oracles

Oracles provide access to off-chain data, such as price feeds, for the Web3 ecosystem. Neon EVM supports Solana-deployed oracles:

Protocols

Neon EVM integrates with the WalletConnect protocol, providing a decentralized standard for connecting Web3 wallets and dApps.

Tracer API

The Tracer API extends Neon Proxy to help developers test, debug, and analyze smart contracts on Neon EVM. It provides detailed transaction traces, supports rerunning historical transactions, and analyzes Solana blockchain states post-execution.

Development Tools

Neon EVM supports popular development tools, including:

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