Layer 2 Weekly Roundup #94
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
@ethereum - Pectra is live on Ethereum mainnet — bringing 11 new EIPs that introduces features to augment Ethereum accounts, improve the validator experience, support L2 scaling and more!
@CoinbaseWallet - The new Coinbase Wallet is officially in early limited beta. Coinbase are bringing social and apps to the front, to create a space where everyone can post, share, earn, and explore.
@0xPolygon - Polygon announced the newest addition to Agglayer: the CDK OP Stack configuration, with native Agglayer interop — a new way to build OP Stack chains, supercharged with zk tech and maximum sovereignty. Without the silos, 15% tax, or seven-day delays.
@zksync - ZKsync is now fully EVM Equivalent — making building on ZKsync easier than ever before. Instead of zkSolc, Foundry ZKsync, and hardhat-foundry, you can just use solc, foundry, and hardhat.
@taikoxyz - Taiko DAO is now live on mainnet — marking the beginning of a new era of decentralized governance for the Taiko protocol.
@arbitrum - The ArbitrumDAO approved 35M ARB via STEP 2 to accelerate RWA institutional adoption with @FTI_US, @Spiko_finance and @WisdomTreeFunds.
@Scroll_ZKP - Scroll recently performed an emergency mainnet upgrade to fix two critical bugs - one in our zk proving system and one in our bridge contract. Learn more about the upgrade, and how they plan to strengthen security.
@Agglayer - Introducing VaultBridge: the latest software for EVM chains on Agglayer to enable a built-in, and sustainable, native revenue stream.
@zksync - Introducing solx — a powerful new Solidity-to-EVM compiler. solx is a new optimizing compiler for Ethereum smart-contracts that could change the way you write and optimize Solidity code.
@swellchain - Swellchain just dropped their new site. Explore the dApps, bridges, and ecosystem integrations powering the Swellchain ecosystem.
Ecosystem Highlights
@MorphoLabs - Morpho Lite is live on Polygon - a minimal, open-source app with just the essential Earn and Borrow features, making it easy to deploy on any chain.
@Uniswap - Soneium is live on Uniswap apps. You can swap, bridge, and provide liquidity directly from Uniswap Web App, and in the latest version of the Wallet.
@stripe - Introducing Stablecoin Financial Accounts. Hold a stablecoin balance. Send and receive funds with fiat and crypto rails.
@EspressoSys - LogX is now brewing with Espresso. This integration delivers, transaction confirmations in seconds, not minutes, protects against sequencer risk, and enhances crosschain interop.
@Panoptic_xyz - Panoptic is live on Base — unlocking gas-efficient, onchain options and LPing for degens and traders.
@OpenCover - Opencover have teamed up with @vfat_io to bring cover buys to Base, keeping you safe onchain while earning market-leading yields.
@JumperExchange - Swellchain is live on Jumper — seamlessly bridge ETH, WETH, USDe and more to and from Swellchain with ease.
@BitrueOfficial - Bitrue have added Scroll network support for USDT and ETH deposits and withdrawals.
Articles and Threads
@StarkPay_App - Dive into this thread to learn more aboutStarkPay, the all-in-one payment provider and privacy solution offering quantum-resistant, self-custodial, cross-chain transfer and privacy solution, launching soon.
@gauntlet_xyz - Gauntlet explores their recently launched Levered sACRED Strategy with Securitize, Morpho, and Polygon, that offers enhanced yields on RWAs by tapping into DeFi liquidity, in this thread.
@MessariCrypto - Messari dropped their State of Polygon Q1 data report.
@circle - USDC crosschain transfers to Arbitrum just got faster with Circle’s CCTP V2. Anyone can now swap, trade, and pay with USDC seamlessly from anywhere directly on Arbitrum.
@arbitrum - Exciting times for privacy on Arbitrum with @FhenixIO’s FHE! Read how their latest coFHE integration is accelerating blockchain privacy by equipping builders with privacy-preserving smart contracts.
@Delphi_Digital - Delphi Digital just dropped its Q1 report on ZKsync ecosystem.
@redstone_defi - Introducing the $BCAP price feed, live now on zkSync. This price feed is a key step toward bringing DeFi composability to BCAP.
@Scroll_ZKP - Scroll has become the first zk-Rollip to achieve Stage 1 status. Explore how Scroll solved the challenges of building a Stage 1 zk-Rollup and whats next in this article.
@castle_labs - Castle Labs deep dive into Arbitrum Chain: Proof of Play.
Media - Spaces and Podcasts
@Agglayer - Tune into Agglayer’s recent Space to learn about building on Agglayer, unified liquidity, real cross-chain apps, and solving fragmentation.
@Scroll_ZKP - Scroll were joined by the teams from Quill Finance, Liquity, and M0IC Digital to deep dive into the topic of stablecoin infrastructure.
@fuel_network - Fuel discuss real-time confirmations on Fuel and what this means for users in their latest Space.
@arbitrum - Listen in to Arbitrum’s latest open space, to hear from teams talking about driving DePIN adoption across communication, hardware, financing via InfraFi and more.
@epicenterbtc - @tw_tter chats with @Joaquin_Mendes1 about Ethereum's rollup centric roadmap, and why Taiko chose to build a type I based rollup for scaling Ethereum.
Events
@LC - The Lens Spring Hackathon is being held from May 5th to May 20th, with $50,000 in GHO and $5,000 in $BONSAI in prizes.
@DablClub - Dabl Club’s devcamp has arrived! Learn and ship payments solutions on Polygon, in just 4 weeks — sign up today!
@taikoxyz - Taiko are bringing together Ethereum’s brightest minds in Cannes during ETHCC. Secure your spot for the Based Rollup Summit today.
Metrics and Stats
Sum of all value locked in the L2 ecosystem
User operations of Rollups on Ethereum, including regular transactions and actions bundled into a single transaction.
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!