DapDap Weekly Recap #14 : Navigating Layer-2s

Good morning, DapDap community! 🤜🤛

Another week has flown by, and we're here to bring you the most essential updates of all things happening across Ethereum DeFi. Our aim? To ensure you have a bird's-eye view of the evolving Layer 2 market, including the latest updates on projects, products, and the occasional turbulence that makes the crypto world so intriguing.

Top changes in TVL This Week

Market Highlights

1. @wormhole airdrop claim $W and token TGE

2. @eesee_io mainnet goes live

3. Paradigm invests into Merkle (lead developer behind the Farcaster network) Manufactory at $1B valuation.

4. @bonkbot_io is safe, false alarm

5. @ethena_labs Season 2: Sats Campaign

6. @dydx Liquidity Vaults

7. $ENA Token is coming

Arbitrum

1. @syndicateio partner with @degentokenbase to build L3 Degen Chain

2. @pendle_fi Limit Order Book

3. @animecoin AnimeChain, in collaboration with @arbitrum and @azuki

4. @tn_pendle Pendle Account was hacked and was recovered

5. @curveFinance LlamaLend is up on Arbitrum

Base

1. @degentokenbase L3 Chain

2. 1.5M $DEGEN granted to @syndicateio

3. Build on Base and be rewarded through @optimism Retro Funding

4. 5 days for @base to get to 3B TVL from 2B

5. @base increase gas target 50% to reduce gas fee

6. @rarible Marketplace live on Base

7. @optimism Retro Funding 850M Token

Scroll

1. Scroll Team heading to Hong Kong Blockchain Week

2. @cc2Ventures Scroll Airdrop Guide

3. @lidofinance live on Scroll

4. @jumperExchange coming to Scroll

5. @scroll_zkp new stickers

Blast

1. @_munchables_ exploited funds are secured in a multisig by Blast Core Contributors

2. @_munchables was exploited for $62M by their dev

3. ROI when bridging to BLAST since Day 1, 1% per month

Mantle

1. Bankless Research: Mantle - Layer on the Gains

2. @alpha_pls $MNT being the best performing L2 for this year

3. @MancakeSwap - First Affiliate Dex Initiative on Mantle from Pancakeswap

4. Lock $MNT to unlock 2.5B @ethena_labs shard with Mantle Rewards Station

5. @curvance x @0xMantle Partnership

Linea

1. Linea takes the lead for this week in terms of txs

2. The Linea Voyage: Surge

3. Blobs on Linea Network

4. Linea Dev Cook-Off

5. Across is live on @lineabuild

That's it for this week's Intern market alpha! 📓 🤓

Stay stun for the next version 👀