A biweekly update on Layer 2 protocols, 1st May — 15th May
TL;DR
- The sum of all funds locked on Ethereum converted to USD is $8.83 B at the time of writing.
- Arbitrum Nova has surpassed over 500,000 unique addresses. Arbitrum is the only rollup that sends all surplus revenue generated by transaction fees to their respective DAO and it is time for the DAO to collect the funds so far. Arbitrum Prysm Updates Q2'23: A recap of some roses and thorns from Capella along with some insight into what the Prysm team’s working on now. Also, if you’re a validator using Prysm — don’t miss the UI feedback link. Recently Offchain labs released Nitro v2.0.14: This release adds support for offline pruning & eth_sendRawTransactionConditional (not yet enabled on mainnet) and fixes miscellaneous validator issues. Manta Network to support Arbitrum to roll out a series of Private Soul Bound Tokens (zkSBTs). Olympus lands on Arbitrum, bringing cross-chain composability. Prohibition.art, the first generative art marketplace is coming to Arbitrum.
- OP Mainnet’s Bedrock Upgrade: The Collective has been heads down working to meet the governance criteria to bring Bedrock to OP Mainnet, and the team has made tremendous progress. Special Voting Cycle 12a just concluded. The Grants Council and Protocol Delegation Program, Season 3 experiments, were renewed for an additional Season! If you’d like to be a Council Reviewer, please nominate yourself by next Wednesday, May 17th at 19:00 UTC. Optimism transaction delays postmortem.
- Chainlink Automation is now live on Optimism. Chainlink Automation gives developers the power to automate DevOps tasks, enabling them to increase scaling speed, OPtimize costs, & save precious dev time and resources.
- Worldcoin announced World ID and World App will soon make their way to Optimism mainnet. To commemorate the announcement of Worldcoin launching on Optimism Mainnet, the OP team released the limited edition NFT.
- Aave V3 is now available on Metis: MetisDAO announced the integration of Aave V3 on Metis Layer 2, further bolstering our DeFi offerings. How to AAVE on Metis. Blockchain Technology for Agile Government. April in Metis Andromeda.
- Aztec hybrid zkRollup roadmap: public & private state, not EVM compatible, UTXOs represent data, contracts written in Noir, local testnet Q3, public testnet 2024. A Letter to His Majesty’s Treasury: Aztec’s response to HMT’s consultation for cryptoasset regulation. Aztec is the fastest-growing developer ecosystem in Q1 2023 according to Electric Capital’s developer report. The most efficient EVM language was born at Aztec Labs. Now, the team is to officially sponsor Huff via a retroactive public goods funding grant.
- Block trade on Loopring introduced: Giving L2 users self-custodial access to multiple liquidity sources. The best CEX liquidity across crypto, from the safety of your self-custodial wallet directly on Loopring L2. Loopring + Uptick Network join forces to transform NFT Marketplaces on Loopring L2. Check out the knowledge base for all things Loopring L2.
- BobaBNB continues to impress with over 2.8 million transactions and 45,000 wallets in April. Boba Network is partnering with Katana inu to give Bobarians an opportunity to win prizes for the upcoming game on Boba. Deploying Uniswap V3: A developers guide to Navigating the Complexities.
- Web3 adoption by major brands shifts to Polygon in 2023. Everything you wanted to know about Polygon zkEVM’s prover, but were too afraid to ask. Securitize expands liquidity potential and access to Hamilton Lane’s Senior Credit opportunities fund via Polygon. Polygon Labs’ response to the UK’s cryptoasset consultation & call for evidence. Twitter Space: Ethereum and DeFi Beyond the EVM.
- Scroll introduced ZK Symposium. Updates on the infrastructure side: The ecosystem page now allows for filtering; the team streamlined the bridge history UI; resolved issues resulting from Goerli turbulence, as well as strengthened bridge infrastructure. The first community block explorer was launched.
- Exploring the Use Cases of Cheap Computation: With Starknet , affordable onchain computation has arrived and continues to become even more cost-effective. Discover the innovative use cases Starknet unlocks and how developers can leverage its potential. Charting the Stateless Future: A deep dive into Beerus, Starknet’s new client. The Starknet Summit happening on August 31, 2023, in the San Francisco Bay Area. STARKMEX vol2: Taller 101 · Luma.
- Immutable Set to Launch Web3 Non-Custodial Wallet & Authentication Product, Passport, in Partnership With Magic: The decentralized gaming and accessibility pioneers join forces to offer players unprecedented ease of access to the web3 gaming ecosystem. Immutable Explained: A Non-Technical Guide: A beginner’s non-technical guide to the world of Immutable. Games Spotlight: Immortal Bringing Music to Web3 Chess with Groovy Polo&Pan Collection: Dive into the vibrant world of chess as Immortal Game collaborates with Polo&Pan, unveiling a new collection of 500 digital chess pieces inspired by the music duo’s playful and multicolored universe.
- In the few weeks since the launch of zksync’s Era and Polygon’s zkEVM, the zkSync ecosystem has been growing at a rapid pace. At the end of Q1, zkSync had nearly $200M in TVL across its ecosystem while Polygon’s zkEVM had seen little adoption in comparison. zkSync is contributing to LongHashX Accelerator’s upcoming ZK Cohort as a mentor to support builders that are advancing the development of ZK technology. Twitter Spaces: DeFi on zkSync Era ft. DeFi Dad, Maverick, Liquity and Mute.io; Building on zkSync Era with Marco Cora.
- dYdX Named Among Best Workplaces: dYdX is proud to have been named to Inc. magazine’s annual Best Workplaces list for 2023. What Happens To DYDX’s $335 Million Cryptocurrency When They Leave Ethereum? Antonio was interviewed by Forbes. ‘Weekly Governance Recap’. Stay up to date with the latest governance conversations and participate in forum discussions.
- zkCasper: verify Casper FFG consensus proofs using SNARKs, increases security of light clients.
- James Prestwich: shared sequencing for optimistic rollups.
- L2 stats. Check out how much it costs to use Layer 2.
- And more!
Stats
- The sum of all funds locked on Ethereum converted to USD is $8.83 B at the time of writing.
How much does it cost to use Layer 2?
Optimistic rollups
Arbitrum One
- Arbitrum Nova has surpassed over 500,000 unique addresses.
- Arbitrum is the only rollup that sends all surplus revenue generated by transaction fees to their respective DAO and it is time for the DAO to collect the funds so far.
- Arbitrum Prysm Updates Q2'23: A recap of some roses and thorns from Capella along with some insight into what the Prysm team’s working on now. Also, if you’re a validator using Prysm — don’t miss the UI feedback link.
- Recently Offchain labs released Nitro v2.0.14: This release adds support for offline pruning & eth_sendRawTransactionConditional (not yet enabled on mainnet) and fixes miscellaneous validator issues.
🚀Live on Arbitrum:
- Manta Network to support Arbitrum to roll out a series of Private Soul Bound Tokens (zkSBTs).
- Olympus lands on Arbitrum, bringing cross-chain composability.
- Prohibition.art, the first generative art marketplace is coming to Arbitrum.
- Particle Network proudly integrates Arbitrum One & Arbitrum Nova.
- Congrats to Prime protocol for launching their mainnet on Arbitrum.
Projects based on Optimism’s codebase
Optimism
- OP Mainnet’s Bedrock Upgrade: The Collective has been heads down working to meet the governance criteria to bring Bedrock to OP Mainnet, and the team has made tremendous progress.
- Special Voting Cycle 12a just concluded. The Grants Council and Protocol Delegation Program, Season 3 experiments, were renewed for an additional Season! If you’d like to be a Council Reviewer, please nominate yourself by next Wednesday, May 17th at 19:00 UTC.
- Optimism transaction delays postmortem.
🚀Live on Optimism:
- Chainlink Automation is now live on Optimism. Chainlink Automation gives developers the power to automate DevOps tasks, enabling them to increase scaling speed, OPtimize costs, & save precious dev time and resources.
- Worldcoin announced World ID and World App will soon make their way to OP Mainnet. To commemorate the announcement of Worldcoin launching on Optimism Mainnet, the team released the limited edition NFT.
Metis Andromeda
- Aave V3 now available on Metis: MetisDAO announced the integration of Aave V3 on Metis Layer 2, further bolstering our DeFi offerings.
- How to AAVE on Metis.
- Blockchain Technology for Agile Government.
- April in Metis Andromeda.
Boba Network
- BobaBNB continues to impress with over 2.8 million transactions and 45,000 wallets in April.
- Boba Network is partnering with Katana inu to give Bobarians an opportunity to win prizes for the upcoming game on Boba.
- Deploying Uniswap V3: A developers guide to Navigating the Complexities.
Zero-knowledge rollups
Aztec
- Aztec hybrid zkRollup roadmap: public & private state, not EVM compatible, UTXOs represent data, contracts written in Noir, local testnet Q3, public testnet 2024
- A Letter to His Majesty’s Treasury: Aztec’s response to HMT’s consultation for cryptoasset regulation.
- Aztec is the fastest-growing developer ecosystem in Q1 2023 according to Electric Capital’s developer report.
- The most efficient EVM language was born at Aztec Labs. Now, the team to officially sponsor Huff via a retroactive public goods funding grant.
Loopring
- Block trade on Loopring introduced: Giving L2 users self-custodial access to multiple liquidity sources. The best CEX liquidity across crypto, from the safety of your self-custodial wallet directly on Loopring L2
- Loopring + Uptick Network join forces to transform NFT Marketplaces on Loopring L2.
- Check out the knowledge base for all things Loopring L2.
Polygon
- Web3 adoption by major brands shifts to Polygon in 2023.
- Everything you wanted to know about Polygon zkEVM’s prover, but were too afraid to ask.
- Securitize expands liquidity potential and access to Hamilton Lane’s Senior Credit opportunities fund via Polygon.
- Polygon Labs’ response to the UK’s cryptoasset consultation & call for evidence.
- Twitter Space: Ethereum and DeFi Beyond the EVM.
🚀Live on Polygon:
- Check out the latest Polygon integrations here.
Scroll
- Scroll introduced ZK Symposium.
- Updates on the infrastructure side:
- The ecosystem page now allows for filtering;
- The team streamlined the bridge history UI;
- Resolved issues resulting from Goerli turbulence, as well as strengthened bridge infrastructure.
- The first community block explorer was launched.
StarkWare
- Exploring the Use Cases of Cheap Computation: With Starknet , affordable onchain computation has arrived and continues to become even more cost-effective. Discover the innovative use cases Starknet unlocks and how developers can leverage its potential.
- Charting the Stateless Future: A deep dive into Beerus, Starknet’s new client.
- The Starknet Summit happening on August 31, 2023, in the San Francisco Bay Area.
- STARKMEX vol2: Taller 101 · Luma.
🚀Powered by StarkWare:
- A continually updated list of projects building on StarkNet.
zkSync
- In the few weeks since the launch of zksync’s Era and Polygon’s zkEVM, the zkSync ecosystem has been growing at a rapid pace. At the end of Q1, zkSync had nearly $200M in TVL across its ecosystem while Polygon’s zkEVM had seen little adoption in comparison.
- zkSync is contributing to LongHashX Accelerator’s upcoming ZK Cohort as a mentor to support builders that are advancing the development of ZK technology.
- Twitter Spaces: DeFi on zkSync Era ft. DeFi Dad, Maverick, Liquity and Mute.io; Building on zkSync Era with Marco Cora.
🚀Live on zkSync
Projects built using StarkEx
dYdX
- dYdX Named Among Best Workplaces: dYdX is proud to have been named to Inc. magazine’s annual Best Workplaces list for 2023.
- What Happens To DYDX’s $335 Million Cryptocurrency When They Leave Ethereum? Antonio was interviewed by Forbes.
- ‘Weekly Governance Recap’.
- Stay up to date with the latest governance conversations and participate in forum discussions.
Immutable X
- Immutable Set to Launch Web3 Non-Custodial Wallet & Authentication Product, Passport, in Partnership With Magic: The decentralized gaming and accessibility pioneers join forces to offer players unprecedented ease of access to the web3 gaming ecosystem.
- Immutable Explained: A Non-Technical Guide: A beginner’s non-technical guide to the world of Immutable.
- Games Spotlight: Immortal Bringing Music to Web3 Chess with Groovy Polo&Pan Collection: Dive into the vibrant world of chess as Immortal Game collaborates with Polo&Pan, unveiling a new collection of 500 digital chess pieces inspired by the music duo’s playful and multicolored universe.
MISC
- zkCasper: verify Casper FFG consensus proofs using SNARKs, increases security of light clients.
- James Prestwich: shared sequencing for optimistic rollups.
That’s all for today! Your feedback is highly appreciated! Let us know what you think about the format & content.
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