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  • Cosmos is a network of sovereign blockchains, each powered by Cosmos’s technological stack, known as the Interchain Stack. This framework offers a parallel scaling solution for projects requiring high levels of customization while aiming to be part of an interoperable ecosystem.

  • The Interchain Stack consists of CometBFT, Cosmos SDK, and Inter-Blockchain Communication (“IBC”) Protocol, with each component addressing different layers of a blockchain, including consensus, networking, and application.

  • In the Cosmos ecosystem, a blockchain enabling the Inter-Blockchain Communication Protocol, a messaging protocol for blockchain interaction, is identified as a “Zone.” Prominent Zones with many IBC connections become known as "Hubs," such as the Cosmos Hub and Osmosis.

  • In this report, we cover several key projects within the Cosmos ecosystem, including the Cosmos Hub, Osmosis, Injective, Sei Network, Stride, Axelar, Celestia, and Dymension.

  • Cosmos' growth speaks to its vision of an internet of blockchains. Its success derives from versatile technology and the dedicated team behind it, resulting in a thriving ecosystem. Its steady advancements over the years underline Cosmos' status as a fundamental industry player.


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