L2Beat is an authoritative research platform focused on risk assessment and data analysis of Ethereum Layer 2 networks. It is known in the crypto industry for its hardcore stance of "not blindly trusting data, only focusing on security." Unlike platforms that only look at market capitalization, L2Beat has pioneered a unique security assessment matrix. It meticulously breaks down the real-world status of each L2 project across dimensions such as state validation, data availability (DA), upgrade thresholds, and forced withdrawal mechanisms. This deep analysis can reveal that some projects, while claiming to be Rollups, are still in a centralized "permissioned management" stage.

As the Ethereum Rollup roadmap advances, L2Beat strictly monitors the evolution of each project toward Stage 2 (full decentralization). It tracks in real-time the decentralization progress of each L2 sequencer and the stability of fraud proof systems.