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

1. Turnkey

   Turnkey launches a 2500 USDC developer bounty for building Turnkey embedded wallet using its abstraction SDK.

2. Kontos

   Kontos announces its latest roadmap that TGE is scheduled for Q1 2025.

Wallet Abstraction

3. DSX

   DSX announces its partnership with OneBalance, unifying cross-chain token balances for better UX.

4. Lumia

   Lumia announces partnership with Particle Network, bringing chain abstraction to real-world assets and removing bridges.

5. Particle

   Particle hints on its mainnet launch.

6. Arcana

   Arcana reveals its chain abstraction roadmap, with a mainnet release likely in Q1 2025.

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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

7. Catalyst

   Catalyst announces that CrossCats Public Beta Mainnet is now live.

8. Uniswap

   Uniswap introduces a $15.5M bug bounty for developers to discover vulnerabilities in Uniswap v4 core contracts.

9. Router Protocol

   Router Protocol announces its Nitro expansion, enabling cross-chain compatibility between Sui and 30+ EVM chains.

10. Orbiter

    Orbiter introduces Collector, an asset-managing tool that unites fragmented balances through asset aggregation into a single chain.

11. Jumper

    Jumper announces a new milestone of surpassing $10 Billion in total volume.

12. Relay Protocol

    Relay announces BNB integration, enabling token bridging on the BNB chain within seconds.

13. CoWSwap

    CoW announces a new milestone, passing $ 20 million in TVL.

14. Espresso Systems

    Espresso welcomes EtherScale through a strategic partnership, to enable faster bridging and enhanced performance for EtherScale Rollups.

Settlement & Infra

Transport Layers

15. Hemi Network

    Hemi network announces partnership with LayerZero, integrating its interoperability protocol for a unified Bitcoin-Ethereum environment.

16. 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.

17. Union

    Union announces its collaboration with Rome Protocol to bring decentralized, trustless interoperability to Solana, ensuring fast and reliable finality across chains.

18. 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.

19. SEDA Protocol

    SEDA announces partnership with Plume Network, powering any RWA data for limitless RWA experiences.

20. Omni Network

    Omni reveals private mainnet in the coming week.

Fast Finality

21. Aligned Layer

    Aligned announces that its ZK verification layer – mainnet beta – is now live on Ethereum.

Rollup Cluster

22. Optimism

    Optimism attains a new milestone; with 60% of burned ETH (blob fees) from its Superchain.

23. 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.

24. 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.