Decentralized Finance Industry Trend Observation

Uniswap Launches New Layer 2 Network Unichain

Uniswap Labs announced the launch of Unichain, a Layer 2 network based on Optimism technology. The network is scheduled to go live on the testnet on October 10, with the mainnet launching before the end of the year.

Unichain has introduced a Trusted Execution Environment ( TEE) technology developed in collaboration with Flashbots. With TEE, block construction time can be reduced to 200-250 milliseconds, significantly surpassing the speed of the Ethereum mainnet and other Layer 2 networks.

Scroll is listed on a trading platform

Scroll is an Ethereum Layer 2 zkRollup scaling solution that uses zero-knowledge proof technology to enhance Ethereum's scalability. Its core technological highlights include zkEVM and hardware acceleration.

The main functions of the Scroll token SCR include governance and future use as a validator token, among others. The total supply is 1 billion SCR, with an initial circulating supply of 190 million SCR at launch.

The Scroll network architecture consists of three parts: the ordering layer, the validation layer, and the settlement layer, which are responsible for transaction processing, validity verification, and finality, respectively.

Native USDC launched on the Sui network

Circle announced that the native USDC has been launched on the Sui mainnet, allowing developers and users to access it directly without the need for cross-chain bridging. Circle Mint and Circle API now fully support USDC on Sui.

Sui is the first blockchain to support native USDC based on the Move programming language. As of now, the Sui ecosystem has covered more than 85 applications, involving various fields such as Decentralized Finance, gaming, and more.

US court denies approval for sale of Silk Road bitcoins

Recently, there have been rumors that the U.S. Supreme Court approved the sale of Bitcoin seized from Silk Road, leading to a drop in Bitcoin prices. In fact, the Supreme Court merely dismissed the lawsuit regarding the ownership of these Bitcoins, confirming that they still belong to the U.S. government, and did not approve their sale.

Considering that the U.S. elections are approaching, the likelihood of the government selling these Bitcoins before the elections still exists, but there is currently no concrete information.

Overview of Sui Ecosystem DeFi Projects

The Sui ecosystem is currently developing strongly in the areas of Decentralized Finance and Meme-related projects. The main DeFi projects include:

Lending Protocols: Navi Protocol, Suilend Protocol, Scallop Protocol, etc.

Decentralized Exchange: Cetus Protocol, Turbos Finance, DeepBook, etc.

Other DeFi projects: Bucket Protocol, Bluefin, Typus Finance, etc.

Pyth collaborates with Uniswap

Uniswap announced that its newly developed blockchain Unichain will choose Pyth Network as its real-time data service provider. Pyth Network will provide Unichain with over 500 real-time price data sources, updating every 400 milliseconds.

This collaboration will enable Unichain developers to access fast and reliable market data, helping to build the next generation of on-chain financial applications.

Aptos Q2 Trading Volume Hits New High

According to the Messari report, Aptos set multiple new records in the second quarter of this year:

• The average daily trading volume increased by 474%, reaching 4.4 million transactions.
• Total value locked in DeFi grew by 123%, reaching 75 million APT.
• DEX daily trading volume increased by 189%, reaching 30 million USD

These data show that the Aptos ecosystem is rapidly developing, especially with significant growth in the DeFi and decentralized trading sectors.

Invest in Sophon on a Trading Platform

Sophon announced that it has received investment from a certain trading platform. Sophon is an elastic chain based on ZKsync, focusing on entertainment applications such as gaming, social networking, and artificial intelligence.

Sophon utilizes ZK Stack technology to achieve gas-free native account abstraction, based on the zkEVM codebase of zkSync. The mainnet is expected to launch next month.

This investment will accelerate the ecological development of Sophon and support innovative projects.