Sunny Abstraction Chills Edition #8
Biggest News Highlight: Arcana reveals its chain abstraction roadmap, with a mainnet release in Q1 2025.
Sponsored by DIA
This is a weekly recap covering the chain abstraction landscape according to the market map by “The Rollup”.
Permissions and Orchestration
Account Abstraction
Turnkey
Turnkey launches a 2500 USDC developer bounty for building Turnkey embedded wallet using its abstraction SDK.
Kontos
Kontos announces its latest roadmap that TGE is scheduled for Q1 2025.
Wallet Abstraction
DSX
DSX announces its partnership with OneBalance, unifying cross-chain token balances for better UX.
Lumia
Lumia announces partnership with Particle Network, bringing chain abstraction to real-world assets and removing bridges.
Particle
Particle hints on its mainnet launch.
Arcana
Arcana reveals its chain abstraction roadmap, with a mainnet release likely in Q1 2025.
DIA launches Lasernet on Testnet; The world's first layer 2 rollup specifically built for Oracle Infrastructure. It combines trustless execution and permissionless access.
DIA is built in collaboration with the most innovative teams scaling Ethereum: Optimsm’s OP Stack (rollup framework), Conduit (rollup deployment), Hyperlane (interoperability protocol) and Celestia (Data Availability Layer).
Legacy Oracle models are limited in capabilities due to their reliance on external data providers: small support of data feeds, permissioned access, and transparent data processing.
News models like DIA have reimagined oracle infrastructure to address these challenges and future-proof oracles.
This is DIA’s vision:
DIA’s Lumina is a completely redesigned Oracle infrastructure built to operate as an open and permissionless network. This network allows it to gather data from any source and deliver it to any destination chain.
It consists of three main components: (data) Feeders, Lasernet (an L2 network), and a message-passing layer. The combination of these allows it to achieve completely decentralized and modular oracles to meet any data needs for dApps.
The core features of DIA Oracles embodies:
Permissionlessness – for data access but also data sourcing
Trustless processing – via immutable, aggregator oracle smart contracts
Distributed data sourcing – via a decentralized network of nodes that source and publish data on-chain, to the DIA Lasernet
Notable Details on DIA Oracle:
Testnet is now live on Ethereum Sepolia.
Push and Pull Oracle models are available to test
Lasernet Mainnet is expected to launch in Q1 2025.
Orderflow Sources & Auctions
Catalyst
Catalyst announces that CrossCats Public Beta Mainnet is now live.
Uniswap
Uniswap introduces a $15.5M bug bounty for developers to discover vulnerabilities in Uniswap v4 core contracts.
Router Protocol
Router Protocol announces its Nitro expansion, enabling cross-chain compatibility between Sui and 30+ EVM chains.
Orbiter
Orbiter introduces Collector, an asset-managing tool that unites fragmented balances through asset aggregation into a single chain.
Jumper
Jumper announces a new milestone of surpassing $10 Billion in total volume.
Relay Protocol
Relay announces BNB integration, enabling token bridging on the BNB chain within seconds.
CoWSwap
CoW announces a new milestone, passing $ 20 million in TVL.
Espresso Systems
Espresso welcomes EtherScale through a strategic partnership, to enable faster bridging and enhanced performance for EtherScale Rollups.
Settlement & Infra
Transport Layers
Hemi Network
Hemi network announces partnership with LayerZero, integrating its interoperability protocol for a unified Bitcoin-Ethereum environment.
Ondo Finance
Ondo Finance integrates LayerZero to transfer its USDY token across Ethereum, Arbitrum, and Mantle, allowing access to real-world yield on multiple chains.
Union
Union announces its collaboration with Rome Protocol to bring decentralized, trustless interoperability to Solana, ensuring fast and reliable finality across chains.
Wormhole
Wormhole announces Avail’s integration of Wormhole’s NTT framework, bringing Avail’s tokens to Base, enabling cross-chain transfers, and preventing liquidity fragmentation across chains.
Wormhole attains a new milestone as #1 in multichain volume, with Wormhole-powered protocols leading industry-wide activity.
SEDA Protocol
SEDA announces partnership with Plume Network, powering any RWA data for limitless RWA experiences.
Omni Network
Omni reveals private mainnet in the coming week.
Fast Finality
Aligned Layer
Aligned announces that its ZK verification layer – mainnet beta – is now live on Ethereum.
Rollup Cluster
Optimism
Optimism attains a new milestone; with 60% of burned ETH (blob fees) from its Superchain.
Arbitrum
Arbitrum Orbit welcomes Capx Chain, an AI L2 building a home for all AI agents and apps, enabling seamless user experience with tokenized trading of AI agents.
Arbitrum introduces Trailblazer, a $1,000,000 initiative aimed at supporting visionary developers on Arbitrum to build innovative AI agents and applications.
Arbitrum announces its expansion to Alt Layer, with the launch of BLITZ, a fast-finality network for Orbit chains.
Nodekit
Nodekit announces that WarpGate will utilize its Javelin superbuilder through an exclusive partnership, enabling composability and allowing users from various chains in the Nodekit network to trade on WarpGate instantly.
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DeFi Saint
Founder, Layer 2 M.