# Yellow Network > Build. Trade. Unify. Yellow Network is a decentralized clearing and settlement protocol for cross-chain asset transfers using state channels on EVM-compatible blockchains. Yellow Network helps brokers, exchanges, and application developers settle cross-chain transactions without relying on bridges or centralized intermediaries. Users can open state channels to transfer assets, execute high-frequency trades, and build decentralized applications backed by on-chain dispute resolution. The protocol deploys smart contracts across multiple EVM-compatible chains and provides developer tooling through the Yellow SDK. - Type: Protocol - Sector: Infrastructure - Status: Active - Founded: 2022-02-01 - Profile: https://thegrid.id/profiles/yellow_network ## Products - [Yellow Network](https://thegrid.id/profiles/yellow_network): Yellow Network is a decentralized clearing and settlement infrastructure operating as a Layer 3 overlay on existing blockchains. The network processes transactions off-chain through state channels based on the Nitrolite Protocol (ERC-7824 standard), with on-chain smart contracts managing fund custody, dispute resolution, and settlement. Independent node operators run open-source clearnode software, forming a peer-to-peer network that aggregates orderbook liquidity across brokers and exchanges and supports cross-chain asset transfers without bridging. Yellow SDK provides developer tooling for building applications on the network. Yellow Canary Testnet is a live testing environment that mirrors the network's architecture using the DUCKIES token. (Cross-chain Infrastructure, Live, Main Product) - [NeoDAX](https://thegrid.id/profiles/yellow_network): NeoDAX is a Crypto brokerage toolset built on Yellow SDK that provides a pre-built software stack for launching exchange and trading businesses. Offers configurable trading software with turnkey liquidity access through Yellow Network, modular components, and open-source architecture for financial exchange operations. (Developer Tooling, Early access) ## Assets - [Yellow (YELLOW)](https://thegrid.id/profiles/yellow_network): YELLOW is the utility token of Yellow Network. It is used for paying service access fees, posting mandatory collateral for node operation, and accessing dispute arbitration on the network. Node operators face automatic collateral slashing through on-chain fraud proofs if they process fraudulent transactions, creating economic disincentives for misconduct. (Utility) - [Yellow Duckies (DUCKIES)](https://thegrid.id/profiles/yellow_network): DUCKIES is the utility token of Yellow Canary Testnet. It is used for staking to run brokerage nodes, paying clearing and settlement fees, and earning rewards in the Ducklings NFT card game on Polygon. DUCKIES mirrors the functional role of YELLOW within the test environment, allowing participants to validate the protocol's economic mechanics at a smaller scale. (Utility) ## Links - [Main](https://www.yellow.org) - [Documentation](https://docs.yellow.org) - [Whitepaper](https://docs.yellow.org/whitepaper) - [Privacy policy](https://www.yellow.org/privacy-policy) - [Terms of Service](https://www.yellow.org/terms-of-use) - [Twitter / X](https://x.com/Yellow) - [Telegram](https://t.me/yellow_org) - [Telegram](https://t.me/yellow_news) - [Telegram](https://t.me/YellowSDKCommunity) - [Discord](https://discord.gg/yellownetwork) - [Medium](https://medium.com/yellow-blog) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. 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