The energy landscape theory provides a general framework for describing protein folding reactions. Because a large number of studies, however, have focused on two-state proteins with single well-defined folding pathways and without detectable intermediates, the extent to which free energy landscapes are shaped up by the native topology at the early stages of the folding process has not been fully characterized experimentally. To this end, we have investigated the folding mechanisms of two homologous threestate proteins, PTP-BL PDZ2 and PSD-95 PDZ3, and compared the early and late transition states on their folding pathways. Through a combination of ⌽ value analysis and molecular dynamics simulations we obtained atomic-level structures of the transition states of these homologous three-state proteins and found that the late transition states are much more structurally similar than the early ones. Our findings thus reveal that, while the native state topology defines essentially in a unique way the late stages of folding, it leaves significant freedom to the early events, a result that reflects the funneling of the free energy landscape toward the native state.energy landscape ͉ kinetics ͉ molecular dynamics ͉ phi analysis ͉ protein folding T he description of the folding process of a protein in terms of pathways on a free energy landscape has provided much insight into the mechanism of the folding reaction (1-4). Free energy landscapes of many proteins appear to resemble the shape of a funnel that guides the folding process toward the native state (5-7). According to this view, folding is considered a stochastic process so that a protein reaches its native conformation through folding pathways made up by an ensemble of different trajectories (6,(8)(9)(10). It has been difficult, however, to establish experimentally the extent to which these trajectories can differ from each other, in particular in the wider region of the free energy funnel corresponding to the initial stages of the folding process, where a considerable heterogeneity may be expected. Many proteins exhibit single folding pathways composed of families of closely related trajectories, but parallel folding pathways have also been observed (11), as well as significant changes of pathways and transition state structures upon circular permutation (12, 13) or solvent conditions (14-16). In addition, different transition state structures were characterized in two homologous proteins with a highly symmetric native structure (17).To obtain a glimpse of the width of the free energy landscape at the early stages of the folding reaction, we compared the folding pathways of two homologous three-state proteins. The study of homologous proteins represents a powerful approach to obtain insight into the process of protein folding (18-22), especially when combined with structural information on intermediate events (17,(23)(24)(25). The transition states of two-state proteins were compared in a series of studies (17, 23, 24, 26).Here we present a vivid illustration of...