Layer 2 Weekly Roundup #67
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
@0xPolygon - Bridged USDC Standard is now integrated with Polygon CDK, making it the first chain dev kit to integrate the standard. Designed by Circle, this provides a path for future upgradability to native USDC on CDK-built chains, ensuring better UX & unified liquidity via the AggLayer.
@base - Introduce the Onchain Content Network. Whether you're a builder, creator, or brand, you can submit your project to the Onchain Registry to share what you're building with millions of people onchain.
@AvailProject - Avail DA, the first modular data availability layer using validity proofs + data availability sampling is now live on Mainnet.
@0xPolygon - Farcaster now supports Polygon PoS transactions. You can now mint an NFT, sign up for an event, or even create a poll — whatever it is, you can build it on Polygon PoS.
@taikoxyz - Published a blog post detailing their plans for token allocations, vesting, and unlock schedule, as part of their commitment to transparency.
Ecosystem Highlights
@AlchemyProtocol - Is now supporting Arbitrum Nova, making RPC, Subgraphs, and more accessible from your dashboard.
@Polytrade_fin - Will be coming to Base. This integration will fuel the Polytrade RWA marketplace with enhanced speed, security, scalability, and access to a vast range of native on-chain assets from Base.
@doodles - The Stoodio, built on Base has arrived. Doodles Stoodio account holders can bridge FLOW NFTs to Base to continue utilizing their digital assets.
@PaalMind - Is now leveraging the Base Layer 2 infrastructure. Paal X is now fully equipped to support trading and other token transactions on Base, providing a smooth and efficient trading experience.
@OKLink - Are collaborating with Polygon, making OKX Explorer the first official block explorer for the AggLayer and Polygon CDK-built chains.
@Irreducible - Is teaming up with Polygon to take the next step in Binius’s development: a production-grade zkVM. The vision is an open-source VM that will power Polygon AggLayer with low-cost, hardware-accelerated binary proofs.
@informalinc - Have teamed up with Starknet to enhance decentralization and interoperability in the Ethereum L2 space.
@surgedeal - Has deployed on Base. Surge is a platform for efficiently building deals that drive economic growth, both onchain and offchain, and helps you build and support winning deals, while deleting risk from non-winners.
@PulsarMoneyApp - The Smart Payments Hub is live on Starknet. You can now send and receive Starknet assets directly through social media, starting with X.
@MansaFinance_co - Launches on Base to enhance liquidity provision for businesses, and provide liquidity to exports and cross-border payments companies in emerging markets.
Media - Spaces, Podcasts and Articles
@StarkWareLtd - Published their first research paper on STARK over Bitcoin. This paper dives into how the combination of STARK technology and OP_CAT can unlock unlimited use cases for Bitcoin, paving the way for its true mass adoption.
@taikoxyz - Published their latest article that gives a look into design choices from Taiko to Gwyneth, focusing on based preconfirmations & synchronous composability.
@Delphi_Digital - Published a deep dive into how Fuel is redefining scalability for modular blockchains and the state growth problem with innovations.
@Scroll_ZKP - Uploaded the recording of the first Protocol Symposium talk, where Theo walks you through his joint work with Guillermo Angeris, Alex Evans, Tarun Chitra and Ciamac Moallemi on optimal resource pricing for blockchains.
@tokenterminal - Dropped the latest episode of the Fundamentals podcast where they interviewed Sandeep and Marc from Polygon to discuss the AggLayer and Polygon’s position within the market.
@Starknet - Rolled out the latest episode from their DeFi Spring Conference, where they discussed yield opportunities available with DeFi Spring 2.0.
@nodeguardians - Hosted their latest episode with Ben from Espresso to chat about sequencing possibilities, Espresso’s topology, real-time proving and more.
@Starknet - Dive into the topic of ‘Debugging Starknet Smart Contracts’ in their latest Community Call.
@0xPolygon - Hosted a Space debriefing Polygon PoS and zkEVM in Q2.
@Scroll_ZKP - Explore new structured ETH funds on Scroll with the teams from Tranchess and Etherfi.
Events
@ETHGlobal - Applications for Superhack are live now. Join and experiment with the OP Stack, surrounded by new friends and mentors from August 2nd - 16th.
@base - BaseCamp will be held from July 31st to August 1st — 350 builders will arrive to the mountains of Idyllwild, California for a summit on the future of our onchain ecosystem.
@Starknet - Basecamp X, a free 5-week programming course tailored for developers kicks off on August 15th.
@StarkWareLtd - Will be hosting StarkWare Scholar Summit on August 5th in NYC. ​This event is your chance to connect with some of the brightest minds in the field, ask burning questions, and get inspired by the latest blockchain advancements.
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!