If you are looking for a high-quality "look-ahead" brickwall limiter similar to the L2 without the cost, several reputable developers offer free alternatives:
: Widely considered the closest free "clone" of the L2. It is highly transparent, features a simple "Threshold" and "Ceiling" control, and includes inter-sample peak (ISP) detection to prevent digital clipping. W1 Limiter (by George Yohng) l2 ultramaximizer vst free download
Advanced 5-module chain (compressor, peak/HF limiter, clipper, true peak). Professional mastering. If you are looking for a high-quality "look-ahead"
A direct clone of the Waves L1/L2 logic with identical output in many tests. Replicating the "Waves" sound. Professional mastering
: A more complex but powerful mastering tool that offers five stages of processing, including a peak limiter, clipper, and protection. It is often ranked as the best overall free limiter due to its versatility and ability to handle complex signals transparently.