Elk Finance is a cross-chain DeFi bridge for 19 blockchains with LP farms, single-asset staking and a token launchpad, aimed at multi-chain DeFi users.
Telosevm · Sonic
Ecosystem guide
The Telosevm ecosystem
The best dApps on Telosevm by sector: DeFi, games, NFTs and more. 1 projects tracked, 1 reviewed in full.
Full Telosevm ranking →- dApps
- 1
- Reviewed
- 1
- TVL tracked
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- Native token
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Telos EVM is an Ethereum-compatible environment built on the Telos layer-1 blockchain. Telos itself launched its mainnet in December 2018 and uses delegated proof of stake, in which elected validators produce blocks rather than miners. The EVM layer lets Solidity contracts and familiar wallets work with little change, and the project describes it as fast, with low and fixed gas fees and some protection against MEV.
The native token is TLOS, which is used for network fees and staking. Because gas costs are described as fixed rather than auction-based, fees tend to be more predictable than on chains where they spike with demand. We don't have reliable TVL or token price figures for this chain in our data, so check a live source before making decisions.
The dApp ecosystem here is smaller than on the largest EVM chains, and our directory lists 2 dApps for now. The standout is Elk Finance, a cross-chain bridge that connects many blockchains, including Telos EVM and Sonic, and also offers liquidity farms, single-asset staking and a token launchpad. It suits users who move assets across networks. As with any DeFi tool, review the contracts and risks yourself before depositing funds.</br>
Telosevm ecosystem in numbers
- Tracked
- 1
- Reviewed
- 1
- Total TVL
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- Avg. score
- 6.0/10
Highest rated
- 1Elk Finance6.0
Reviewed
Top-rated dApps on Telosevm
By sector
Best Telosevm dApps by sector
Infrastructure on Telosevm1
- 1Elk Finance6.0
Guides
Telosevm guides
Blockchain
Blockchain Examples and How They WorkLearn how blockchains record and verify transactions, how consensus keeps a shared ledger in sync, and how Bitcoin, Ethereum and other networks put the technology to work. See practical examples, key trade-offs and ways to assess whether a blockchain is a good fit.
Blockchain
Blockchain for Data: Uses, Limits and How It WorksBlockchains can create shared records that are difficult to alter, but they are not a general-purpose replacement for databases or file storage. Learn what belongs on-chain, how blockchains connect to outside data, and when the trade-offs make sense.
Blockchain
Casper Network and CSPR: A Practical Guide for 2026Casper Network is a proof-of-stake blockchain, and CSPR is its native token. This guide explains the network’s purpose, how CSPR is used, and what to check before staking or transacting.
Blockchain
Cosmos Network Guide: Chains, IBC and ATOM in 2026Cosmos is an ecosystem of independent blockchains, not one chain that processes every app and token. Learn how the Cosmos Hub, Cosmos SDK and IBC fit together, what ATOM does, and how to assess transfers, staking and risks in 2026.
Blockchain
How the Bitcoin Lightning Network WorksThe Bitcoin Lightning Network moves payments through channels that sit on top of Bitcoin, so most transfers do not need their own blockchain transaction. Learn how channels, routing, fees and liquidity work, and what to consider before using Lightning.
Blockchain
How to Mine Cryptocurrency on Android in 2026Android phones can run mining software, but their limited processing power, battery drain and heat make profitable mining unlikely. Learn how to assess the risks, try a small proof-of-work experiment safely, and spot apps that only simulate mining or sell cloud contracts.
Telosevm FAQs
What is Telos EVM?
Telos EVM is an Ethereum Virtual Machine environment that runs on top of the Telos layer-1 blockchain. Solidity contracts and EVM-compatible wallets can generally be used there, so developers can bring over existing Ethereum-style code.
What consensus does Telos use?
Telos uses delegated proof of stake, where elected validators produce blocks. Its mainnet launched in December 2018, according to the project's public descriptions.
Is Telos EVM compatible with MetaMask?
Yes, it is EVM-compatible. You can add the network to a wallet such as MetaMask using the chain settings from the official documentation or a trusted chain list, then use it like other EVM networks.
What token do you need to pay fees on Telos EVM?
The native token is TLOS, which is used for network fees and staking. Project materials describe gas fees on Telos EVM as low and fixed, but check current fee levels before you transact.
Which dApps can I use on Telos EVM?
We currently list 2 dApps on Telos EVM, including Elk Finance, a cross-chain bridge with liquidity farms, single-asset staking and a token launchpad. The list is small, so check back as more projects are added.
Is it safe to use bridges and DeFi on Telos EVM?
No chain or dApp is risk-free. Bridges and DeFi protocols can suffer smart contract bugs, liquidity problems or exploits, so read the documentation, start with small amounts and only use funds you can afford to lose.
Which dApp on Telosevm has the highest DappsAtlas score?
Elk Finance has the highest score at 6.0/10. Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many dApps are on Telosevm?
DappsAtlas tracks 1 dApps on Telosevm. Of these, 1 has a full review.