Layer 2 Weekly Roundup #61
Welcome to the latest edition of the Layer 2 Weekly Roundup.
Every week, this newsletter covers the latest and most important updates from across Ethereum’s Layer 2 ecosystem.
Catch up on the previous edition HERE
Protocol Updates
@Optimism - Open source, permissionless fault proofs are now live on OP mainnet, bringing the OP Stack to Stage 1 decentralization.
@0xPolygon - Launched Season 1 of the Community Grants Program, with 35 million MATIC allocated towards funding the best projects across the Polygon and Ethereum landscape.
@0xPolygon - Introduce the Polygon Governance Hub - a unified & transparent interface for community governance, developed with Aragon.
@Starknet - Ledger is now available on Starknet with Argent and Braavos wallets.
@arbitrum - Announce that Zero Knowledge Proofs with the Stylus MultiVM is coming soon!
Ecosystem Highlights
@Scroll_ZKP - Introduce NURI, Scroll’s next-gen DEX set to launch on June 19th.
@1inch - Arbitrum users can benefit from 1inch’s seamless integration with 1inch Portfolio, bringing detailed analytics and portfolio management right to your fingertips. Manage your assets smartly across all layers.
@PragmaOracle - Introduce Hyperlane to the Starknet ecosystem, enabling fast token bridging, interchain apps, and Permissionless Interoperability.
@Owlto_Finance - You can bridge wstETH, USDC, USDT and ETH to Scroll with Owlto.
@allo_xyz - Allo joins the Superchain by the Optimism Collective bringing instant global settlement for investing and trading assets to the Superchain.
@odosprotocol - Have integrated with Scroll. You can now use their Smart Order Routing to find the most efficient routes for token swaps.
@GyroStable - Gyroscope is now live on Arbitrum. Gyroscope introduces a more efficient and resilient stablecoin to Arbitrum DeFi that can be swapped and LPd with extreme capital efficiency, and automatically protects from asset depegging risk, oracle failure, and smart contract risk.
@hotdao_ - HOT Protocol’s Telegram-integrated MPC wallet now supports Base.
@FortaNetwork - Have expanded their reach and added Base as a supported network. Forta is now monitoring all Base onchain transactions and actively working with the community to bring more monitoring solutions to Base.
@XterioGames - XerETH Chain is live on the Superchain by the Optimism Collective.
@PrivadoID - Polygon ID spins out as Privado ID to scale secure, self-sovereign digital identity in the era of AI-driven misinformation.
@FinanceChainge - You can seamlessly bridge and cross-chain swap on Base with Chainge.
Media - Twitter Spaces and Podcasts
@BanklessHQ - Were joined by Brendan Farmer from Polygon and Ben Fisch from Espresso to explore the synergies between the Polygon AggLayer and the Espresso shared sequencing marketplace, discussing their role in the rollup-centric roadmap for Ethereum.
@Optimism - Hosted a livesteam celebrating Optimism’s Permissionless Fault Proofs on the OP Stack.
@Scroll_ZKP - Published the video recording from their Keystore workshop that was presented during Safecon Berlin.
@victorestival - Learn more about Pessimistic Proofs and how they are enhancing cross-chain security.
@EspressoSys - Espresso CEO Ben Fisch sat down with Offchain Labs to discuss the latest on how Espresso can support Orbit Chains with their upcoming production release.
@0xPolygon - Hosted a Space to introduce their latest Community Grants Program.
@arbitrumcore - Hosted a Space with CoWSwap to celebrate their recent launch on Arbitrum.
@BanklessHQ - Were joined by Brecht and Jeffy from Taiko to discuss based rollups, booster rollups, what sets Taiko apart, Taiko's development roadmap, and more.
Research Articles and Threads
@Aquarius_Fund - Published a comprehensive research analysis of Scroll’s zero-knowledge technology.
@0xBreadguy - Published a detailed thread on Fraud Proofs including what it means and how it helps you.
@alysiatech - Published this blog post diving into what Espresso is building and why.
Events
@Starknet - StarkHack has arrived in Banagalore. If you are around between June 13th to the 26th you can swing by the BuildStation to compete for a prize pool. daily incentives and more.
@arbitrum - Are heading to Brussels for ETHCC. Check out their full schedule of events and be sure to register below.
@EspressoSys - Espresso Brews happy hours are coming to a city near you! Check out the full list and kick it with the Espresso team!
Metrics and Stats
Sum of all value locked in the L2 ecosystem.
Transaction capacity of Ethereum including all Layer 2s under its security.
Number of unique addresses interacting with one or multiple Layer 2s weekly.
The number of daily transactions executed by users/smart contracts.
How much does it cost to transact on Layer 2? .oO
This newsletter is for educational purposes only, and should never in any way be considered as financial or investment advice.
Thanks for reading!