Introducing the Dynamic Global Wallet Kit: A powerful toolset for developers to build ecosystems around their apps or chains!
Build on Top of the Speed and Efficiency of the SVM
Learn how Dynamic equips developers with the tools that they need to build on SVM-based blockchains.
Build around millions of users
Onboard users in seconds to SVM networks
Build apps that rely on cheap and fast transactions
What is the SVM?
The virtual machine powering Solana’s high-throughput blockchain
The Solana Virtual Machine (SVM) serves as the execution environment for the Solana blockchain, managing smart contract deployment, transaction processing, and state updates. Similar to the Ethereum Virtual Machine (EVM), the SVM is modular, allowing it to integrate with components like data availability and consensus layers to create networks with minimal modification.
Dynamic project leveraging the SVM
Metrics
The SVM is building momentum
2,400
TPS
400
millisecond block time
5M+
active addresses on Solana
Use cases
What’s being built within the SVM ecosystem?
Apps that need robust infrastructure to support high user activity and frequent, affordable transactions.
Next-Gen Layer-2s
Emerging networks are mixing the benefits of the SVM and other networks like Ethereum to enhance performance, liquidity, and efficiency.
Infrastructure
The SVM is packed with tools and standards that simplify and enhance development for native builders.
Superapps
Platforms that enable a wide array of crypto activities, offering features like onramping, trading, SocialFi, and more—all in one place.
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Wallets that matter for SVM networks
Here are the top crypto wallets used on SVM networks.
Dynamic supports all wallets across this ecosystem, with mobile deep linking, multi-wallet handling, merging and transaction/signing handling.
Phantom
Backpack
Magic Eden
Solflare
Exodus
Ledger
Features
Blog
The Evolution of SVM Chains (Solana Virtual Machine)
Blog
Learn more about the SVM
The Evolution of SVM Chains (Solana Virtual Machine)
Your guide to the Solana Virtual Machine: what it is, why it matters, and innovative projects that are leveraging it.
Read Blog Article
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Key terms to know
Parallel Execution
Enables Solana and SVM networks to process multiple transactions simultaneously, improving throughput and scalability.
Rust
The native programming language of Solana and SVM-based chains.
SPL (Solana Program Library)
A collection of on-chain programs that can be used by apps, similar to Ethereum's ERC standards.
Solana CLI
Command-line tools for interacting with the Solana blockchain, managing keys, and deploying programs.
Rent
A fee paid to keep accounts alive on the Solana network, preventing spam and resource misuse.
Execution Layer
The part of the blockchain responsible for processing and validating transactions and executing smart contracts efficiently.
FAQs
What makes the SVM attractive for developers?
The SVM offers developers a highly scalable environment with the ability to process thousands of transactions per second with low block times and cheap transaction fees. It also supports Rust, which is known for its speed and safety. Lastly, the SVM’s modular architecture enables easy integration with other networks.
What are the differences between smart contracts on the SVM and the EVM?
The primary differences are the execution speed and programming language. While both the SVM and EVM execute smart contracts, the SVM leverages Solana’s parallel execution, allowing it to process multiple transactions simultaneously. As a result, SVM-based smart contracts can be faster and more cost-effective than their EVM counterparts.
What kinds of projects are building on the SVM?
The SVM is being utilized by a wide range of projects. These include layer-2 solutions like Eclipse, infrastructure platforms like Metaplex, and superapps like Mantis. The SVM's capabilities make it ideal for projects with high user activity and the need for cheap transactions.
How does the Rust programming language differ from Solidity?
Rust is a programming language that's great for complex, high-performance applications where security and speed are critical. Solidity is easier to learn and more specialized for creating smart contracts. Essentially, Rust offers fine-grained control and optimization, while Solidity prioritizes ease of use within the Ethereum ecosystem.
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