Layer 2 Weekly Roundup #78
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
@NethermindStark - Introducing StarkWeb - now in beta! Build on Starknet with the same workflow you know from Ethereum using a modified Wagmi/Viem SDK.
@0xPolygon - Polygon Labs is joining forces with Abu Dhabi Global Market to create international token disclosure standards, promoting transparency, trust, and security in web3.
@zksync - Introducing ZKsync SSO, a toolkit for devs to create Web2-like UX for Web3 applications across the Elastic Chain.
@taikoxyz - Is now natively supported on Nethermind v1.30.0, bringing seamless integration as an execution client, 1 Gigagas/s throughput, and more.
@ElectricCaptial - Released the 6th annual Developer report. Over the course of the year, they analyzed a record 902M code commits across 1.7M repos thanks to the 829 people who contributed to making this report since inception.
@arbitrum - Introducing Trailblazer, a $1,000,000 initiative supporting visionary innovators on Arbitrum chains to develop cutting-edge AI agents, frameworks, and applications.
@Optimism - Calling all app devs, Optimism needs you! If you're an application developer and you'd like to help the foundation understand you better, express your interest through their form.
@fuel_network - Introducing FUEL - the native token of the Fuel network. Launching in the next two weeks, the FUEL token is central to the teams mission to build a more fair and verifiable internet.
@zksync - Published their 2025 technical roadmap for the elastic network.
@Treasure_DAO - Treasure is live on ZKsync. Treasure’s L2 marks a major step forward for next-gen gaming, as the decentralized game console.
Ecosystem Highlights
@safe - Safe{Wallet} Native Swaps are live on Base. With Safe{Wallet} Native Swaps, you get secure trades, real MEV protection, and prices to feel good about.
@LidoFinance - wstETH is now live on Starknet. Users can now bridge their wstETH tokens to Starknet and access the network's growing DeFi ecosystem, all while benefiting from L2’s lower gas costs and faster transactions.
@SpearbitDAO - Are collaborating with Base and Optimizoor to enhance the security of Solady, a public, gas-optimized Solidity code library.
@avnu_fi - Are bringing a game changing, non-custodial, on chain dollar cost averaging solution that’s set to redefine how you buy and sell tokens, on Starknet.
@DIMO_Network - DIMO is planning a protocol migration to Base in 2025. With the DIMO app, your car becomes part of the onchain future.
@FordefiHQ - Starknet is now supported on the FORDEFI wallet platform. FORDEFI’s institutional-grade MPC wallet integration is helping shape a new era for secure, scalable DeFi.
@MoonwellDeFi - Introducing Moonwell Card - the simplest way to bring your crypto on Base into everyday life.
@Calderaxyz - Have enabled support for Arbitrum Stylus on all Orbit chains.
@MetaLend_DeFi - Is now live on Base and available in the Coinbase Wallet. MetaLend makes it easy for users to compare all the different DeFi on Base in a single, easy to use app - discover the DeFi that works best for you!
@garden_finance - Just launched the first native BTC <> Base bridge, allowing you to bridge your BTC to cbBTC/USDC on Base.
@gelatonetwork - Fast withdrawals are live on Gelato rollups! Withdrawing funds on Arbitrum Orbit rollups is as quick as 15sec on L3s & 15 min on L2s.
@eco - Is launching Routes in beta on Base, allowing any Based app to accept stablecoins from any connected network seamlessly.
@dinero_xyz - zkETH is live on ZKsync. DeFi users can mint zkETH directly on ZKsync to earn ETH staking rewards through Dinero’s liquid staking protocol.
@SeamlessFi - Announced the launch of an automated protocol-owned liquidity (POL) strategy built on Aera. This leverages Aerodrome‘s flywheel to build deep onchain liquidity through voting incentives & community participation on Base.
@GAM3Sgg_ - Are integrating Base to help power their quest system, backend onchain layer, and gaming AI agent.
@CryptoEternalAI - Are collaborating with Arbitrum and Camelot to bring Decentralized AI Agents to Arbitrum chain.
@MidasRWA - Midas’ latest partnership with Steakhouse Financial, introduces Midas products to the Steakhouse USDC RWA Vault on Morpho Labs on Base.
Articles and Threads
@raphael_dkhn - Explores SIMD Parallexiation in Stwo Prover - on the key features of StarkWare’s Rust implementation of a Circle STARK (CSTARK).
@hinkal_protocol - In this week’s ‘Learn and Earn’, Hinkal explore the Arbitrum chain, and dive into why Arbitrum is a thriving industry whale, their progress in 2024, and the growth target for 2025, with a specific spotlight on privacy.
Media - Spaces and Podcasts
@Dune - Hosted a Space exploring Onchain Data with Jesse Pollak and Kabir Sadarangani from Base.
@arbitrumcore - Were joined by some of the biggest brains on Arbitrum to discuss how they are building for the Next-Gen of DeFi users.
@jessepollak - Answered all of your top questions during his EOY AMA.
@Scroll_ZKP - Hear directly from Raza, Abi, and Emily, as they share details on how Tempest is redefining liquidity management with AI-powered features.
@ArcanaNetwork - Went live with Scroll, Fuel, and The Tellos Foundation to explore how Chain Abstraction shapes Ethereum's L2 evolution and paves the way for a seamless, chain-agnostic Web3.
@levelupweb3 - Hosted the latest ep of ‘Code on Scroll’, to show you how to deploy Aave on Scroll using the API3 CLI.
@OffchainLabs - Tune into the Arbitrum for Builders series to hear about Offchain Labs vision around interoperability for the Arbitrum ecosystem.
@therollupco - Robbie speaks with Marc Boiron from Polygon to unpack Polygon's evolution from PoS to zkEVM, AggLayer's stack, pessimistic proving, shared bridges, and the push towards mainnet.
Events
@base - Are hosting a Based Christmas in NYC on the 20th of Decemeber. Register today to join builders and web3 natives from the Base ecosystem.
@StarkWareLtd - The Starknet Winter Hackathon from January 6th to 19th. Sign up now to launch your startup during this 2-week competition.
@taikoxyz - Will be hosting their first community meetup in Istanbul on the 21st of December, to talk all things Taiko.
@base - Based community meetups are happening all over the world, with the next events to be held in Budapest, Berlin, Miami, NYC, and more!
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!