Welcome to Superchain Sunday - our weekly newsletter!
The OP Stack accounts for 58.8% of all Layer 2 transactions. This last week, the Superchain saw on average 10.4M daily transactions and 52.2% of all Layer 2 transactions. The network boasts over 3,256 revenue-generating deployers, contributing to the Optimism Collective. To date, 16.6K ETH has been contributed to the Optimism Collective—Data Fetched from the Superchain Health Dashboard. For a full breakdown of the Superchain Financials, check out our November Health Report
The Soneium Spark Incubation program has revealed its 32 winners, chosen from over 1,700 applicants. During the program, participants benefited from exclusive workshops with infrastructure projects and investment opportunities with VC partners. Now, they continue developing valuable partnerships within the Soneium ecosystem and building alongside the Soneium team and partners. Check out the full list of winners here.
Binary Holdings has secured a $5 million investment from ABO Digital, a firm specializing in alternative financing for crypto projects. This funding will help Binary Holdings expand its decentralized network and reach its goal of 1 billion users by 2025.
The funds will support the development of the Binary Network, which connects users, businesses, and service providers globally, allowing seamless transactions using its digital currency, BNRY. The investment will also boost the upcoming launch of "Millenia," a digital bank focused on simplifying cross-border payments and remittances, as well as fostering multi-chain compatibility to accelerate Web3 adoption.Read the full details here.
Ethernity is upgrading its staking system to enhance user experience and support its long-term growth. As part of this transition, LP Staking will officially close on December 13th at 12 PM EST, ending rewards for these pools. While there’s no need to withdraw tokens immediately, they will stop earning rewards after this date.
A new staking protocol will replace LP Staking, offering better value and a more seamless experience for participants. Details about this improved system will be shared soon. In the meantime, options like the Stone Farming Protocol remain available for keeping tokens active. These changes mark an important step toward strengthening the Ethernity ecosystem and creating more opportunities for $ERN holders. Read the list of changes here.
Mode has launched Synth, a subnet testnet on Bittensor. Synth creates highly accurate synthetic data, starting with BTC price forecasting, by incentivizing miners to submit models that predict future price movements and probabilities. This data helps train AI Agents and enhances their forecasting and probabilistic reasoning, unlocking new possibilities for DeFi applications like options pricing and portfolio management.
The goal of Synth is to become the leading source for future price probability distributions, improving how AI Agents and LLMs operate in decentralized finance. When launched on the mainnet, Synth will offer applications and APIs for developers to integrate, pushing the boundaries of AI in DeFi. Read the full details here.
The World Network is rapidly growing, helping Mini App developers reach millions of people daily. With over 8 million World ID verifications and more than 18 million World App users, developers now have access to a large, verified, on-chain audience. This allows them to grow their apps organically, connect with real users, and gain valuable feedback to improve their products.
Mini Apps like Argiefy, Meritt, and Cudis are thriving, with millions of impressions and thousands of active users benefiting from this expanding network. Built on the World Chain, these apps provide real-world solutions, from financial tools to social networking and digital asset exchanges, while ensuring users are verified as real humans. Read the full details here.
The results for Retro Funding 6 are in, showcasing the incredible contributions made by builders, analysts, and leaders within the Optimism and Superchain ecosystems. Governance leadership, analytics, and tooling were key focus areas, ensuring the Superchain remains coordinated, secure, and transparent. Superchain.eco is thrilled to have been awarded 52,564 OP tokens for our work supporting the ecosystem. We’re deeply grateful to the community for recognizing our efforts and helping us achieve this milestone.
We started just over 18 months ago as a simple Superchain newsletter, and thanks to your support, we’ve grown into one of the main platforms for the Superchain. To everyone who used, recommended, or voted for Superchain Eco—thank you!
The Superchain has grown to 43 different OP Chains, each with its flourishing Ecosystem. These are some extra stories to make your Sunday that much more Super.
~Disclaimer: This newsletter is for informational purposes only and is not financial advice
