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Wasmer is open source and free to use. Wasmer Edge (their deployment platform) starts at $25/month for running WebAssembly at the edge.
Wasmer is a WebAssembly runtime that lets you run Wasm binaries anywhere - server, edge, or embedded. It supports multiple languages that compile to Wasm.
Both are WebAssembly runtimes. Wasmer has more focus on edge deployment and the WAPM package registry. Wasmtime is from the Bytecode Alliance and focuses on standards compliance.
Source: wasmer.io