Taiko Wallet Guide: ETH on Ethereum's Based Rollup, Explained
Updated , 8 minute read
A Taiko wallet holds ETH and tokens on Taiko Alethia, an Ethereum layer 2 known as a based rollup because Ethereum itself plays a central role in sequencing its blocks. It uses your normal 0x address and charges gas in ETH, with TAIKO used for governance. Keylo lets you receive and send on Taiko, but it has no swap or bridge there, so moving funds in or out uses Taiko's official bridge or another route.
Taiko at a glance
- Network type
- Based rollup with multi-proofs (TEE and ZK)
- Mainnet name
- Taiko Alethia
- Gas token
- ETH
- Governance token
- TAIKO
- Keylo swap or bridge
- Not available on Taiko
- Chain ID
- 167000
On this page
- What is Taiko and what is a based rollup?
- How Taiko addresses work
- Create a Taiko wallet with Keylo
- How to receive ETH on Taiko
- How to send ETH on Taiko
- How fees work on Taiko
- Tokens on Taiko
- Moving ETH to and from Taiko without a Keylo bridge
- What Taiko's 2026 bridge incident means for you
- Taiko safety tips
- Frequently asked questions
What is Taiko and what is a based rollup?
Taiko is an Ethereum layer 2 whose mainnet, now called Taiko Alethia, launched in May 2024. Most rollups have a single company-run sequencer that decides transaction order. Taiko is a based rollup: it was designed so that Ethereum's own block proposers could include Taiko blocks, tying ordering to Ethereum rather than to a private server. The aim is to inherit more of Ethereum's neutrality and liveness.
To give users quick feedback, Taiko added preconfirmations in 2025. Selected operators promise to include your transaction and return a soft confirmation within moments, before the block lands on Ethereum. In 2026 proposing was restricted to a whitelist of operators, so today the network relies on that group for ordering, with plans to open it further.
Taiko aims to be Ethereum-equivalent, meaning contracts and tools behave as they do on mainnet. Its state is checked by multi-proofs: each proven batch needs two independent proofs from a mix of TEE-based provers and zero-knowledge provers, and since August 2026 at least one of them must be a ZK proof. The TAIKO token, airdropped in 2024, is used for governance; gas is paid in ETH.
How Taiko addresses work
Taiko uses standard Ethereum accounts. Your Taiko address is the 0x address derived from your recovery phrase, the same address Keylo shows for Ethereum, Arbitrum and every other EVM network. No activation, minimum balance or memo is required, and Keylo validates the checksum before sending.
The shared address means a transfer on the wrong network still reaches you, just on another ledger. Because Keylo has no bridge for Taiko, though, fixing a wrong-network deposit takes more effort here than on most chains, so it pays to get the network right the first time.
Multisigs and smart wallets are a separate case. A Safe or other contract wallet exists only on the networks where it was deployed, even if its address looks familiar. If someone asks you to pay a contract wallet on Taiko, ask them to confirm it is deployed on Taiko before you send. Keylo's contract warning will appear when you paste such an address.
Create a Taiko wallet with Keylo
- 1
Open Keylo's registration page in any modern browser on phone or desktop.
- 2
Add your name, email, phone and a password you do not use anywhere else, then confirm your email address.
- 3
Keylo generates your 12-word recovery phrase in the browser and encrypts it with a key derived from your password before saving the encrypted copy.
- 4
Back up the phrase in Settings after re-entering your password, and keep it offline.
- 5
Select Taiko in the network list to see your 0x address and ETH balance.
How to receive ETH on Taiko
- 1
Open Taiko in Keylo and choose ETH or the token you expect.
- 2
Tap Receive to see the address, QR code and the Taiko label.
- 3
Give the address to the sender and specify the Taiko network.
- 4
Only withdraw from an exchange to Taiko if the exchange lists Taiko for that asset. Otherwise withdraw to Ethereum and bridge with Taiko's tools.
- 5
Watch Activity in Keylo, where each transaction links to the Taiko explorer.
How to send ETH on Taiko
If you are sending to an exchange, confirm it supports deposits on Taiko for that token. A deposit on an unsupported network may not be credited, and since Keylo cannot bridge Taiko funds for you, recovering it would depend on the exchange.
- 1
Select Taiko in Keylo and pick the asset to send.
- 2
Paste or scan the recipient's address. Keylo checks the checksum and warns you about contract addresses.
- 3
Enter an amount or tap Max; Keylo reserves ETH for the fee.
- 4
Choose a fee speed, then review the network fee and exact amount in the summary.
- 5
Confirm to sign in your browser. With preconfirmations, apps can often show the result within seconds.
How fees work on Taiko
Taiko charges fees in ETH using an EIP-1559-style base fee plus a priority tip. Behind the scenes, the parties proposing Taiko blocks pay Ethereum to publish the data as blobs and pay provers to generate proofs, and they recover those costs from the fees users pay on Taiko. That is why Taiko fees follow Ethereum's blob prices to some extent, even though you never see a separate L1 fee line.
For simple transfers, Taiko fees are a small fraction of Ethereum mainnet. Complex contract calls cost more because they use more gas and data. Keylo shows the exact network fee before you confirm and adds nothing to normal sends. If a transaction is slow to confirm, choosing a faster speed raises the priority tip, which makes it more attractive for the operator building the next block.
Keep a little ETH on Taiko even if you mostly hold TAIKO or stablecoins. Tokens cannot pay their own transfer fees, and topping up requires a bridge, which takes longer than a quick exchange withdrawal. A small buffer also covers the processing fee if you want a relayer to claim an incoming bridge transfer for you instead of claiming it manually.
Tokens on Taiko
Taiko supports ERC-20 tokens, which Keylo can show and send. You will find TAIKO, wrapped ETH, bridged stablecoins and tokens from Taiko-native apps. Tokens bridged through Taiko's official bridge are represented by Taiko-side contracts, which have different addresses from the originals on Ethereum, so confirm contracts on the Taiko explorer or the issuer's site.
Different bridges can create different versions of the same asset. A USDC bridged one way is not always the same token as USDC bridged another way, and an app or exchange may accept only one. Fake TAIKO airdrops and copycat tokens circulate too; ignore anything you did not expect and never approve contracts linked from token names.
Moving ETH to and from Taiko without a Keylo bridge
Keylo's swap and bridge routes do not cover Taiko, so plan your route before sending funds there. Taiko's official bridge moves ETH and supported tokens between Ethereum and Taiko. Bridging is a two-part process: you send on the source chain, then the message is claimed on the destination, either automatically by a relayer for a small processing fee or manually by you. Withdrawals to Ethereum also wait for the batch to be proven, so timing varies.
The bridge is a web app that connects to a browser wallet. If you import your Keylo recovery phrase into a reputable wallet extension, funds arrive at the same 0x address you see in Keylo. Third-party bridges and exchanges that list Taiko are alternatives. After your ETH reaches Ethereum or another supported chain, Keylo's swap and bridge works as usual.
Read the bridge screen carefully. In October 2026 Taiko changed how failed bridge messages are handled, so a failed transfer is retried on the destination rather than refunded on the source. Send a small test first and keep enough ETH on both sides for the claim step.
What Taiko's 2026 bridge incident means for you
In June 2026 an attacker abused a flaw in Taiko's proof verification to make unauthorized withdrawals from its Ethereum bridge, taking roughly 1.7 million dollars. Taiko paused the bridge and block production, said affected users were made whole, and reopened about 11 days later with temporary withdrawal limits. The upgrade requiring at least one ZK proof per batch followed in August.
The lesson applies to every layer 2: bridges are the riskiest part of the system, and pauses can happen. Keep only what you need on newer networks, avoid moving everything at once, and follow official channels during incidents rather than links in replies or messages.
Taiko safety tips
- Confirm exchange support for Taiko before depositing or withdrawing.
- Keep ETH on Taiko and Ethereum for gas and bridge claims.
- Use Taiko's official bridge URL, typed yourself, and test with a small amount.
- Expect retries, not refunds, if a bridge message fails.
- Ignore TAIKO airdrop messages; real claims never need your phrase.
- Compare with other proof systems in the Scroll guide, and read Keylo security.
Frequently asked questions
What does based rollup mean?
A based rollup is a layer 2 whose blocks are sequenced through Ethereum's own block production rather than a single private sequencer. Taiko was built this way to inherit more of Ethereum's neutrality and liveness. It also uses preconfirmations from selected operators so users get quick confirmations before blocks land on Ethereum.
Can I bridge to Taiko with Keylo?
No. Keylo's swap and bridge routes do not cover Taiko. You can receive and send ETH and tokens on Taiko in Keylo, but to move funds between Taiko and other networks, use Taiko's official bridge, a third-party bridge that lists Taiko, or an exchange that supports the network.
Is TAIKO used for gas?
No. Gas on Taiko is paid in ETH. TAIKO is the governance token of the Taiko DAO and can be held and sent in Keylo like any ERC-20. You need a small ETH balance on Taiko to move TAIKO or anything else.
How long does it take to withdraw from Taiko to Ethereum?
It depends on proving. A withdrawal through the official bridge can be claimed on Ethereum once the batch containing it has been proven, and the bridge screen shows its status. A relayer can claim it for you for a small processing fee, or you can claim it yourself and pay Ethereum gas.
Is Taiko safe after the 2026 bridge exploit?
Taiko says affected users were made whole, and it added a requirement for ZK proofs on every proven batch. Trackers still rate it Stage 0, with whitelisted proposers and fast upgrades. Use it for amounts you are comfortable with on a young network, and keep larger savings on more established chains.