layer 2
Every story this desk has filed under layer 2, most recent first.
Starknet Floats Leaving Ethereum's Layer 2 Tier to Run Its Own Chain
The network said it is weighing a move from Ethereum rollup to standalone layer 1, pitching quantum resistance by 2027. Its token rose about 20 percent on the news, Decrypt reported.
Every order on a layer 2 passes through a single piece of software that decides what happened and in what order. Here is what that machine controls, what it cannot control, and where the failure modes sit.
Abstract Becomes the Second Ethereum Layer 2 to Announce Its Closure in a Week
The Pudgy Penguins-backed consumer chain will stop on 15 December after Igloo spent tens of millions supporting it. Blast said days earlier that running its own network was no longer worth it.
Blast Shuts Down Its Layer 2 With $63.5m Still Sitting in the Bridge
The Ethereum layer 2 once held more than $2bn in assets. It is now winding down because running it costs more than it earns, and users have until 26 October to withdraw through the app.
Zappin Opens on Robinhood Chain With a 90 Percent Cashback Offer Paid in ETH
A new application has gone live on Robinhood Chain promising to return most of what users spend in ether. The chain it launched on is carrying $997.6m of locked value and $1.76bn of daily swaps.
Robinhood Chain Crosses $1bn Locked on the Day Its Fees Collapse 97 Percent
The chain set a record for value locked at $1.00bn on Friday, according to DefiLlama, while CoinDesk reported seven-day average fees down 82 percent and per-transaction fees down 97 percent with activity barely moving.
Almost every tokenized equity trade on a Layer 2 passes through a single machine that decides which transaction goes first. Here is what that machine can and cannot do to you, and what the escape hatch actually is.
Robinhood Chain Hits a Record $930m Locked as Daily Swaps Near $2bn
Total value locked on the Ethereum layer 2 set an all-time high on Monday, DefiLlama data show, while a day of DEX volume approaching $2bn came with a 30 percent jump in fees.
Robinhood Chain's Daily Take Fell 83% From Its Peak While Volume Kept Climbing
The chain collected $943,728 on 10 September against $5.44m on 4 September, The Defiant reported, even as decentralised exchange volume rose. Gas per transaction has fallen from $0.43 to $0.077.
Robinhood Chain Out-Earned Ethereum on Fees, and Almost None of It Came From Stocks
The two-month-old layer 2 recorded 5.52 million transactions and $2.66m of revenue on 30 August, with memecoin trading tools taking most of it. TVL is at a record $726.4m and daily DEX volume at $1.40bn.
Robinhood Chain Puts Up Its Busiest Day Since July, and TVL Sets a Record
The chain traded $443m across its decentralised exchanges and cleared more than 3 million transactions, according to Decrypt, on the same week total value locked reached an all-time high of $642.7m.
How Robinhood Chain Works, and What a Single Sequencer Means for You
An operator-run rollup settles to Ethereum but orders its own transactions. Here is the machinery, the tradeoffs it buys, and the specific failure modes worth knowing before you leave collateral on it.