Layer 2 Weekly Roundup #100
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
@StarknetFndn - The Starknet Foundation are delegating STRK to support ecosystem contributors who strengthen the network’s decentralization, security and resilience, by launching their first-ever staking delegation program.
@fuel_network - Fuel are partnering with Stork to supercharge their ecosystem with robust, real-time data feeds and enterprise-grade data infrastructure.
@taikoxyz - Preconfirmations are live on Taiko. This upgrade makes transactions 20-30x faster, and boosts Taiko’s network’s performance without compromising Ethereum’s core principles.
@Starknet - Starknet proposal v0.14.0 is open for voting. This upgrade contains feature improvements including decentralized sequencing, subsecond preconfs, and support for EIP-1559.
@zksync - ZKsync joins the Tokenized Asset Coalition. The @TACoalition champions the adoption of institutional blockchain adoption through education, advocacy, and building.
@Optimism - 158 onchain applications and 93 developer tools were rewarded with 2.6M OP to empower these builders to continue shipping onchain products, during Optimism’s Retro Funding Season 7.
Ecosystem Highlights
@Agglayer - Agglayer have built EggNS, an Agglayer proof of concept that shows how seamless interop feels on Agglayer. Claim a username on one chain to make it yours everywhere.
@0xFacet - Facet launches a Stage 2 Ethereum rollup, built on the OP-Succinct tech stack. The rollup uses fraud proofs for validation and has a fully functioning, permissionless exit window.
@Blanksquare_io - The Blanksquare Web App is on Base. Deposit tokens into your account and watch your tokens become invisible to block explorers in seconds, breaking all traceability.
@payy_link - Introducing payy card, an undoxable non-custodial Visa card using ZK for privacy. Payy with USDC on Polygon, anywhere Visa is accepted.
@boros_fi - Boros, Pendle’s new platform for trading funding rates, is on Arbitrum. This new DeFi yield primitive lets users trade funding rates and soon bonds, equities, and RWA rates, marking a major step in merging DeFi and TradFi.
@extendedapp - Extended, a next-gen Perp DEX, is now live on Starknet with 50+ markets, including TradFi, and new reward strategies.
@HydrexFi - Sub Accounts are live on Hydrex. Easily create, fund, & use your Sub Account to unlock frictionless DeFi.
@TokemakXYZ - The Base EURC Autopool is live. Autopools simplify DeFi primitives by autonomously routing liquidity across EURC-denominated positions.
@hyperlane - Hyperlane Warp Routes 2.0 are live on Optimism and Arbitrum. Users can bridge native tokens in seconds with no slippage, and devs can launch a liquidity layer for any token across any chains.
@QuackAI_AI - Quack AI are bringing AI-native governance to Polygon, automating proposal analysis, enabling delegated AI Agent voting, and delivering real-time insights for builders and communities.
@grvt_io - GRVT is building a CeDeFi exchange on ZKsync — bringing pro trading tools and CEX-level performance fully onchain, backed by ZK security.
@layerswap - Layerswap now supports fast, direct routes between Fuel and Base with zero fees and lightning-quick transfers. Bridge ETH and USDC seamlessly - pay only gas fees, no additional bridging costs.
@brrrnetwork - Introducing BRRR, a universal settlement layer connecting blockchain networks with traditional payment systems, enabling programmable transactions at global scale. For the first time ever, any financial institution or service provider is just one API call away from orchestrating payments onchain.
@o1_exchange - o1 Exchange is the first full-fledged DEX trading terminal on Base. Open beta to trading on Base is now available to all higher tier users.
@FountFinance - The first tokenized USD-denominated yield vault on Fount is live on Base. Deposit USDC to earn optimized onchain yield, and access to institutional-grade strategies.
@EveDexOfficial - Experience CEX-style trading with self-custody, no-signing execution, and a gamified system unlocking VIP perks for all on EVEDEX, now live on Arbitrum mainnet.
@interface - Interface now supports Arbitrum. Follow friends, get notified when they swap, track balances, and explore the activity feed.
@Labs_Eclipse - Introducing the Eclipse ZK DA Bridge with @celestia & @RiscZero. This optimistic ZK DA challenge system aims to enhance the cost-efficiency and scalability of high-throughput L2s.
@daimopay - Daimo Pay is live on Scroll. Daimo Pay lets you accept crypto from any chain, or wallet instantly and pay via CEXs, payment apps, or crypto.
@dreamspaceHQ - Introducing Dreamspace, the first vibe coding canvas for crypto’s creatives. Ship your dream app in minutes and monetize it onchain with no code — powered by Microsoft AI, Base, and Space and Time.
@MoonwellDeFi - Introducing the first Moonwell Vault on Optimism Mainnet: Moonwell Flagship USDC! Powered by Morpho Labs, with Block Analitica, and
@MorphoLabs - Earn and borrow with Morpho — now live on Arbitrum.
@okidorinft - Okidori’s NFT marketplace is live on Taiko. Create, sell, buy and explore NFTs where based creators connect with the based community.
@sedaprotocol - SEDA is now live on Arbitrum. Builders can now access over 11 million institutional-grade data feeds in seconds across US equities, US ETFs, Crypto, and Private Equity.
Articles and Threads
@growthepie_eth - growthepie’s new 45-page research report, in collab with Onchain foundation, explores the key milestones that built the foundation, what makes Ethereum mainnet special, and a deep dive into the technical roadmap.
@gelatonetwork - Flashblocks is shipping transaction confirmations in as little as 200 milliseconds via Gelato. Learn how Flashblocks represents a critical piece of infrastructure for realizing Optimism's broader Superchain vision in this article.
@ArbitrumDevs - The first Web3 Basics Learn course is now live to kickstart your builder journey on Arbitrum. This course covers blockchain fundamentals, wallet principles and security, key application scenarios, and more.
@ArbitrumDevs - Builder’s Block #1 is live — your biweekly newsletter to the freshest developer insights from the Arbitrum Foundation. Dive into everything Arbitrum, from cutting-edge tech stacks to the thriving ecosystem.
@castlelabs - Arbitrum has grown its RWA TVL from near-zero to $350M in just over a year. Dive into this overview by Castle Labs to learn more about Arbitrum’s journey bootstrapping its RWA ecosystem.
Media - Spaces and Podcasts
@base - Head of Product at Base @neodaoist joined @BoredElonMusk to talk about why stablecoins matter and where the onchain economy is headed.
@MilkRoadDaily - Milk Road sat down with Jesse Pollak, to break down why Coinbase is going way beyond just being an exchange.
@ArbitrumDevs - Arbitrum's Developer Relations team went live to support builders with live support, and discuss new and upcoming projects + initiatives.
@0xPolygon - Polygon Labs CEO, Marc Boiron dives into the Polygon Q2 Update.
@arbitrum - Tune into Arbitrum’s Open House Workshop: Introduction to Stylus for Solidity developers.
@arbitrum - @GMX_IO and @CyfrinUpdraft explore how easy it is to build on top of GMX on Arbitrum with Updraft's builder course.
@Spire_Labs - Learn everything there is to know about how L2s can use Spire's DA builder and blob aggregation protocol to reduce costs for their users.
@DeFi_Dad - The latest @edge_pod sees Declan Fox (Product Lead at @LineaBuild) unpack Linea's @SharpLinkGaming play and roadmap.
Events
@arbitrum - Applications are open for Open House Build - a 3-week online buildathon where you can bring ideas onchain starting August 22nd.
@MaestroBots - The Maestro x Base $250k Battle Royale is about to kick off. 32 projects. 5 rounds. All win prizes. One takes the crown.
@base - Applications for the Onchain Summit SF 3-day hackathon close on August 17th. Apply today to join in on three days of connecting and building on Base with $30k in prizes and BaseCamp⁰⁰² invites up for grabs.
@EspressoSys - Espresso are teaming up with KudasaiJP to host Espresso Brews during Webx Asia in Tokyo, August 26th.
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!