Layer 2
Base Ships Fault Proofs In Bid For Stage 1 Decentralization
Anyone can now propose or challenge Base state roots for mainnet validation.
DYdX V3's TVL Is $100M As Shutdown Begins — But Users Can Still Withdraw
DYdX v3 sunsetting illustrates the importance of Layer 2s realizing Stage 1 decentralization.
Ethereum Layer 2 Shape Launches Mainnet with Notable NFT Artist Mints
Popular NFT artists XCOPY, DeafBeef, and Deekay Motion have all launched collections on the chain.
Base Overtakes Arbitrum By DeFi TVL
DeFi protocols on Base now hold more than $2.57 billion worth of assets.
Paradigm Execs Unveil Web3 Development Firm Ithica and Ethereum L2
Ithica’s Layer 2, Odyssey, is live on the Sepolia testnet and supports features included in Ethereum’s forthcoming Pectra upgrade.
Uniswap Launches Testnet For Unichain Layer 2
Unichain claims to offer one-second block times and will join Optimism’s Superchain ecosystem.
L2 Adoption Wanes Despite Base Activity Continuing To Surge
Active addresses on Arbitrum and Linea have crashed by 62% and 87% in recent months.
Base Accounts for Majority of Ethereum Ecosystem Activity
Weekly active wallets, weekly transactions, and DEX traders on Coinbase’s Layer 2 are at all-time highs.
QED Protocol and Nexus Team Up On Dogecoin zkVM
The teams hope their zkEVM will give rise to Dogecoin-based DeFi and NFT applications.
Babylon Teams Up With Asphere On Bitcoin L2 Infrastructure
L2s deploying on top of the solution will leverage Babylon’s Bitcoin staking layer for security.
