Layer 2 Weekly Roundup #77
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
@base - Have onboarded the team from Utopia Labs to help accelerate their onchain payments roadmap with Coinbase Wallet.
@ensdomains - Introducing Namechain, a purpose-built Layer 2 solution. This is the next evolution in ENS and part of the larger ENSv2 direction. By dramatically reducing costs, improving performance, and providing a familiar Ethereum developer experience, ENS will soon scale the most popular decentralized name service to billions of people around the world.
@Starknet - STRK staking will launch on mainnet on the 26th of November. The first phase of STRK staking will introduce staking with a permissionless staking protocol and stake delegation.
@Starknet - Starknet Mainnet will be upgraded to v0.13.3 on Wednesday, November 27, bringing Blob gas that's 5x cheaper on Starknet.
@0xPolygon - An empowered decision-making framework for System Smart Contracts (SSC) is live today, enabled by the Polygon Governance Hub - participate now by delegating voting power.
@Optimism - BlackRock have launched BUIDL (BlackRock USD Institutional Digital Liquidity Fund) Share Classes on Polygon. BUIDL, tokenized by Securitize, is now live, marking a major step forward for real-world asset tokenization, on Polygon, Optimism, and Arbitrum.
@taikoxyz - Multi-Proofs are live on Taiko mainnet. Taiko’s ZK-enhanced, multi-proof architecture now strengthens security for the 5M daily transactions.
@Scroll_ZKP - Introducing ZK Talent Badges. ZK developers on Scroll can now qualify for a ZK Talent Badge - an onchain proof of your GitHub contributions.
@Optimism - Multichain claims are now live on the Superchain Faucet. Get free testnet tokens and start building apps on the Superchain.
@EspressoSys - The Espresso Network is live on mainnet! Besides offering chains fast, reliable confirmations, Espresso expands the modular stack w/ chains planning to use Espresso for decentralized sequencing and data availability.
@StarkWareLtd - Have released Integrity Verifier v2. Built by the Herodotus team in collaboration with StarkWare, this new version enables the verification of Stone proofs on Starknet L2 with far greater efficiency than v1.
@LensProtocol - Onchain social is live on ZKsync with the launch of the Lens Developer Preview. Lens Protocol is on track to become the social layer for ZKsync and will be composable across the Elastic Chain.
Ecosystem Highlights
@RiscZero - Introducing Kailua: a hybrid architecture that gives OP chains 1-hour finality without the higher cost of constant ZK proving.
@tempest_fi - Is now live on Scroll. Tempest is building AI-powered liquidity vaults that make LPing into Ambient effortless and maximally effective. With a simple one-click solution for liquidity deployment, Tempest ensures Scroll users secure consistent, concentrated liquidity.
@paraswap - Paraswap Delta V2 is now available on Base, making it the first chain to unlock Paraswap intents-based trading after mainnet.
@arbitrum - Coinbase’s cbBTC is now live on Arbitrum, marking a big step in onboarding users to Arbitrum.
@zerodotnetwork - Is live on zkSync. ZERϴ Network is a ZK Chain focusing on a gasless UX for over 500,000 monthly active Zerion wallet addresses.
@avalonfinance_ - USDa is now live on Taiko. Avalon's $USDa aims to position itself as a core driver of DeFi, offering 8% fixed borrowing rates and yield-generating accounts.
@Phalcon_xyz - BlockSec Phalcon now supports Arbitrum, providing unbreakable post-launch security for the Arbitrum Ecosystem. Protocols on Arbitrum can now get access to BlockSec Phalcon's robust capabilities to continuously monitor and automatically prevent hacks, operational, interaction, and financial risks, 24/7.
@OnchainKit - Introducing Agent Playground - a terminal for AI agents to create, transact, and analyze data onchain.
@okto_web3 - Okto wallet is connecting to the AggLayer! Get ready for the chain abstraction kit built on Polygon CDK - simplifying things for devs building and launching dapps, without the need for deep blockchain expertise.
@myBraavos - Say goodbye to gas fees! You are now able to send, swap, and invest with 0 gas fees on Braavos mobile.
@gelatonetwork - Introducing Fluence, a new rollup on Gelato. Fluence is a new L2 set to revolutionize cloud computing with its staking protocol built on Arbitrum Orbit Nitro Stack, on Gelato RaaS.
@TokemakXYZ - Tokemax Autopilot is now live on Base. Through Autopools (ERC4626 vaults configured with LP destinations), Autopilot can autonomously rebalance your LP position so you don't have to.
@RFX_exchange - RFX Trading is Now Live on ZKsync Era! Experience seamless trading with permissionless perpetual markets, a gasless experience, and unmatched capital efficiency. Built for traders, powered by ZKSync.
@SaaSyLabs - Introducing NDA[dot]me, a platform that simplifies the process of signing and managing NDAs now live on Arbitrum.
@NablaFi - Nabla Finance are opening up their single-asset liquidity pools on to everyone on Base, including their $cbBTC liquidity pool.
@tetadexHQ - Tetadex is powered by StarkEx - leveraging StarkWare’s leading StarkEx infrastructure to build a world-class Perp DEX, perfectly tailored to traders’ needs.
@ruscetfi - Mainnet beta is live on Fuel Ignition. Trade perpetuals in crypto or empower traders as an LP with best-in-class risk management and infrastructure.
@Unagi_Swap - Is powered by Taiko. Unagi Swap brings a seamless trading experience to the Taiko ecosystem, offering fast, efficient trading through a user-friendly interface that’s ideal for both DeFi veterans and newcomers.
@ipor_io - The first Fusion-powered pool is now LIVE on Base for qualified non-US users. Access optimized onchain asset management for USDC on IPOR.
@MidasRWA - Midas is live on Base, bringing tokenized products with faster, cheaper, and DeFi onchain experiences.
@dinero_xyz - Introducing zkETH, the native ETH liquid staking solution built for the ZKsync Elastic Chain. Soon, ZKSync Era and all Elastic Chain users will be able to natively earn Ethereum staking yield with zkETH.
@HoudiniSwap - Now offer seamless swaps on Base, aggregated by Aerodrome.
@zottoAI - Zotto is live on Base. Automate your trades, snipe early memecoins, and execute advanced strategies with Zotto's all-in-one trading platform.
@TheoNetwork - Straddle, the premier DeFi L2, is now live on Arbitrum. Join the waitlist to gain early access to their imminent public beta.
@kopioprotocol - Kopio is live on Arbitrum One, bringing Synthetic RWAs like gold and silver, alongside leading non-ERC20 tokens all to the home of DeFi.
@ValidationCloud - Now supports Espresso as a node operator for the Espresso Network. Validation Cloud is supporting the mainnet launch of the Network by operating a node that helps confirm and order transactions in the network.
@Scroll_ZKP - Announced their integration with Fireblocks, which will make $SCR and the Scroll ecosystem more accessible and secure for new users.
@gainsdotmeme - gm is a mobile app for trading memecoins on Base. Sign up with your email and start trading instantly.
@Memstagram_com - Memstagram is live on Base - you can now mint, sell, buy and create your memes onchain via the Memstagram marketplace.
Articles and Threads
@0xstark - Josh Stark from the EF recaps this year in Ethereum, including apps, infrastrucutre, and community.
@FourPillarsFP - Have published an article discussing Preconfirmation (ft. Taiko): Make Ethereum Fast for the First Time.
@reflexivityres - Published a research report exploring why ZKsync is the best place for teams to deploy their customizable blockchain.
@karsenthil - Breaks down DeData Networks in this comprehensive blog post.
@taikoxyz - Daniel, CEO of Taiko, sat down with CoinTelegraph to share how Taiko came to be and the vision behind Based Rollups driving innovation on Ethereum.
Media - Spaces and Podcasts
@EthInteropForum - Join the Ethereum Foundation and participating L2s on this panel hosted at the Ethereum Interop Forum, where they discuss the topic of uniting contributors across Ethereum for an interoperable future.
@therollupco - ERC-7683 is the new shared standard for crosschain intents powering cross-chain liquidity anywhere in the Ethereum ecosystem powered by Across, Uniswap and many more. Listen in to the conversation with several teams supporting the standard.
@nimiq - Nimiq and Zypto app team up to talk about the future of crypto payments on Polygon.
@_TalkingTokens - Join Sandy and Raza from Scroll, as they discuss the concept of finality and its importance across various use cases.
@Token_Relations - Brendan Farmer from Polygon joined the Token Relations team in their latest Space to discuss recent developments at Polygon and the broader AggLayer ecosystem.
@toady_hawk - Was joined by Ryan Watt from Optimism to discuss the OP Stack.
@therollupco - Ellie Davidson explains the essential role of Espresso’s neutral confirmation layer in enabling secure interoperability between different rollups.
@CoinWOfficial - Nebojsa and Murat from Taiko joined CoinW to discuss Taiko’s journey so far and what’s coming next.
Events
@Shape_L2 - Shape are calling all world builders to their online hackathon, with workshops and in-person events, taking place from Nov 18th to Dec 15th.
@base - Based community meetups are happening all over the world, with the next events to be held in Rzesow, London, Madrid, Seoul, Riyadh, and more!
@Scroll_ZKP - Extended the deadline to participate in their Articles Bounty Contest to December 9th. Web3 developers of all levels can write articles on applied ZK, scalability, and more to earn prizes!
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?
This newsletter is for educational purposes only, and should never in any way be considered as financial or investment advice.
Thanks for reading!