Fabric renderer + Hermes engine.
JS components map to native UIView (iOS) and android.view.View (Android) through the new Fabric architecture, which replaced the asynchronous bridge in 2024 and 2025. Hermes is the JS engine, AOT-compiled bytecode, smaller heap than V8.
Cost: a thin layer of state-translation work per frame, occasionally visible as dropped frames on heavy list scroll. Benefit: a button looks and feels like a real iOS button on iOS and a real Material button on Android, including ripple, haptics, and accessibility behaviors.