Layer 2
Ethereum Layer-2 Chain Arbitrum Suffers Near Hour-Long Outage
Arbitrum experienced what its team is describing as an “outage” this morning, according to a Tweet posted by its main account at 10:43 AM New York time. The downtime happened to coincide with a similar loss of performance on the Solana blockchain. Arbitrum is an optimistic roll-up chain built to support the Ethereum blockchain, developed…
Arbitrum Launches with Full DeFi Ecosystem Locked and Loaded
Arbitrum, one of the most awaited Ethereum scaling solutions, has attracted $2.9M on its first day after launch, becoming the 11th largest so-called Layer 2 platform, according to L2BEAT. Offchain Labs, a blockchain software maker, launched Arbitrum on Aug. 31 with the promise to offer lower fees and faster transactions. So far, it’s delivering: ETH…
Lyra Plunges into Layer 2 Options Pool with Offering for Hedge Hungry Investors
With the market for Layer 1 tokens such as AVAX red hot this month, it would be easy to overlook a development on the Layer 2 side of the DeFi universe. Yet three days ago Lyra, a cryptocurrency options platform, released a new offering that will let investors trade on Layer 2, a catch-all term…
Inside the Data Driving Axie Infinity's Torrid Growth
On-Chain Markets Update by Juan Pellicer, IntoTheBlock Axie Infinity has recorded unprecedented growth in the crypto space. This week the data confirmed that it surpassed more than $1 billion in sales and the equally spectacular achievement of one million daily users. Where is the limit for Axie Infinity? Will play-to-earn help to expand crypto adoption…
Sushi Won't Launch on L2 Optimism, Citing Preferential Treatment of Uniswap
Sushi is drawing back from plans to deploy on Optimism after a dispute over the Ethereum L2 solution’s launch process. On August 11, SushiSwap CTO Joseph Delong announced that Sushi would be taking a wait-and-see approach to deploying on Optimism due to what he described as “non-preferential treatment.” According to Delong, Sushi had already deployed…
Insanely Fast. Insanely Cheap – Uniswap on Optimism is SICK
Uniswap V3 has launched on Optimism. This is wild. It’s pretty fast to get over there but it takes a week to come back so be aware of that.
Uniswap’s V3 Launches on Layer 2 Solution Optimism
It’s a good time for Layer 2 enthusiasts as Uniswap V3 has soft-launched on Optimism, a leading optimistic rollup solution for scaling Ethereum. Users can now tap Optimism to deposit, trade and provide liquidity on the decentralized exchange (DEX), which captures roughly half of all DEX volume, according to a Dune Analytic’s query. Optimism “currently…
Rollup Rollup! Top Layer 2s Compared | Arbitrum vs Optimism vs Polygon
Thinking back it really wasn’t that long ago that most people really weren’t that fussed about L2 scaling solutions. It was kind of a minor distraction – oh sure, Loopring, xDai, Matic, that’s cute but all the ape money is on daddy boy Ethereum, that’s where I’m gonna be because you know… muh liquidity. But…
1st Look: Arbitrum L2 rollups – Use the bridge, Trade on MCDEX, Failing a lot (Arbiswap, Bancor)
Arbitrum is a L2 scaling solution for Ethereum from Off-chain Labs. It should make it extremely easy for developers to move apps to L2 since no new tooling is required. They just announced their Mainnet Beta so this was a perfect opportunity to get a very first taste of a rollup future. It didn’t go…
Arbitrum is the Latest Layer 2 to Join the Ethereum Scaling Race
Arbitrum, the Layer 2 scaling solution for Ethereum using optimistic rollups, will open its mainnet to developers on Friday and it’s already attracting one of DeFi’s biggest fish — Uniswap. That could mean help is on the way for DeFi investors who are freaking out over soaring gas fees. The launch is the latest sign…
