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Etherscan is a blockchain explorer platform that provides search, API, and analytics services for Ethereum and multiple other blockchains. It serves developers, researchers, and users seeking to access and analyze blockchain data and on-chain transactions.
Also known as Etherscan · etherscan.io
Founders & leadership
Investors · 11
How we know: 6th Man Ventures's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: A.Capital Ventures's portfolio page · funding news · the VCSheet dataset · Not right? Tell us
How we know: Coinbase Ventures's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: Digital Currency Group's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Company profile
researched Aug 2026Etherscan (etherscan.io) is a blockchain explorer for Ethereum that lets users search and inspect addresses, tokens, transactions, blocks and contracts. Its homepage surfaces live network data including ether price and market capitalisation, cumulative transaction counts and throughput, median gas price, latest blocks with fee recipients such as Titan Builder and BuilderNet, and latest transactions, along with address labelling features (public name tags, private name tags and notes) and advanced filtering tools. The site covers Ethereum mainnet plus related networks including Beaconscan/ETH2, and Sepolia and Hoodi testnets.
Beyond the public explorer, Etherscan sells an Explorer-as-a-Service (EaaS) offering that supplies other blockchains with a block explorer and API solution under their own branding; Avalanche's SnowTrace was one such deployment. Etherscan also expanded across ecosystems through acquisition, buying Solana explorer Solscan in January 2024. Both products provide address, token and transaction data, APIs, dashboards and NFT metadata. Etherscan states its mission in terms of providing credibly neutral and equitable access to blockchain data.
Business model
Etherscan operates a free-to-use public block explorer supported by on-site advertising and paid services. It licenses an Explorer-as-a-Service (EaaS) toolkit to other blockchains, which provides them with a branded block explorer and API solution for a fee; third-party commentary in 2023 put annual EaaS subscriptions in the $1-2 million range. Explorers built on EaaS can be discontinued when a service agreement is not renewed or traffic is insufficient, as happened with Avalanche's SnowTrace.
Fees from Explorer-as-a-Service subscriptions sold to blockchain networks, plus advertising placements displayed on the explorer.
Traction
Etherscan is cited as the main data explorer for Ethereum, and its homepage reports network-wide statistics such as 3,701.13 million cumulative Ethereum transactions. Its EaaS toolkit has powered third-party explorers including Avalanche's SnowTrace, which ran for about two years. The acquired Solscan explorer reported more than three million monthly users.
Latest developments
In January 2024 Etherscan announced the acquisition of Solscan, saying it would integrate additional features across both explorers and improve user support. This followed the 2023 integration of ChatGPT into the explorer, and the October 2023 announcement that the Etherscan-powered SnowTrace explorer for Avalanche would be discontinued on 30 November 2023.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Etherscan is characterised in crypto press as Ethereum's principal blockchain data explorer and a pivotal player in blockchain data services; through EaaS it also supplies explorers for other chains, and through Solscan it holds a leading explorer in the Solana ecosystem.
Etherscan is described in press coverage as the reference block explorer for Ethereum and as a strong product, with smart-contract source code verification a widely relied-upon function. Its EaaS toolkit extends the same explorer and API stack to other chains, and the Solscan acquisition adds coverage of the Solana ecosystem. Critics note that reliance on a single private company for contract verification is a centralisation concern.
Technology
A web-based blockchain explorer indexing Ethereum mainnet and testnets, exposing block, transaction, address, token and NFT metadata, contract source-code verification, dashboards, APIs and advanced filters, with a ChatGPT integration added in 2023. The same stack is packaged as an Explorer-as-a-Service product for other blockchains.
Go-to-market
The public Ethereum explorer is free to use and monetised in part through on-site advertising, serving as the entry point for developers and users. Chain ecosystems are reached through paid EaaS agreements that provide white-labelled explorers and APIs, and Etherscan has also expanded coverage by acquiring existing ecosystem explorers such as Solscan.
Developers, researchers and users who need to look up and analyse on-chain data, and blockchain networks that license Etherscan's Explorer-as-a-Service to run their own explorers and APIs.
Geography
A commentator quoted by Cointelegraph described Etherscan's source code hosting as run by "a private company in Malaysia."
History
Coverage identifies Etherscan as the established block explorer for Ethereum, with Matthew Tan as CEO and founder. In 2023 it integrated ChatGPT into the explorer, and in October 2023 the Avalanche explorer SnowTrace announced it would shut down its Etherscan-powered instance on 30 November 2023 after roughly two years of operation. In January 2024 Etherscan announced the acquisition of Solscan, the leading block explorer in the Solana ecosystem, which had launched in 2021, raised $4 million in a seed round in December 2021, and served more than three million monthly users.
Risks & controversies
Etherscan's EaaS pricing drew criticism in October 2023 when SnowTrace announced it would shut down its Etherscan-powered Avalanche explorer; a third party claimed annual EaaS subscriptions can cost between $1 million and $2 million. Commentators also argued that smart contract verification should be decentralised rather than dependent on source code hosted by a single private company, citing potential regulatory concerns. Ava Labs' head of strategy and operations said Avalanche was moving to an alternative and was not ceasing operations.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Related companies · 10
Companies working in the same space as Etherscan.
Timeline · 3
launches, deals, and filingsEtherscan acquired Solscan, a block explorer for the Solana ecosystem launched in 2021 with more than three million monthly users. The acquisition was announced via a press release; Etherscan said it would continue providing credibly neutral and equitable access to blockchain data and integrate additional features across both explorers. Deal terms were not disclosed in the coverage.
SnowTrace, an Avalanche block explorer running on Etherscan's Explorer-as-a-Service (EaaS) toolkit, announced it would discontinue its Etherscan-powered instance on 30 November 2023, advising users to back up private name tags and contract verification details. Commentators linked the decision to EaaS subscription costs; Ava Labs' head of strategy and operations said the protocol was not ceasing operations.
Coverage of the Solscan acquisition noted that Etherscan had integrated ChatGPT a few months earlier.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 5
primary sources listed
- Etherscan Blockchain exploreretherscan.io · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Etherscan do?
- Etherscan is an Ethereum block explorer offering search, APIs and data services, plus Explorer-as-a-Service for other chains.
- Who founded Etherscan?
- Etherscan was founded by Matthew Tan.
- Who are Etherscan's investors?
- Etherscan's investors include 6th Man Ventures, A.Capital Ventures, Coinbase Ventures, Digital Currency Group, Draper Associates, Draper Goren Blockchain, Nascent, Placeholder VC and 3 more.