LayerZero V2 on Testnet & More!
Last Week In The Multi-Chain Ecosystem (10 - 17 Dec '23)
Welcome to LI.FI’s Cross Chain Insider newsletter, a weekly curation of the major updates and announcements from the industry’s leading cross-chain protocols and blockchain ecosystems.
Join this community of cross-chain aficionados, subscribe below. Check out LI.FI’s research articles, follow us on X, and swap + bridge on Jumper.exchange.
Bridge Updates
1) LayerZero Launches V2 Upgrade — live on 42 testnets starting today. Mainnet launch is slated for January 2024.
2) Phantom’s Cross-Chain Swapper (powered by LI.FI) has brought $10M liquidity to Solana.
3) Polygon Launches Polygon Portal — a unified bridge UI for getting onboarded onto the Polygon ecosystem.
4) Circle’s CCTP is now Live on Polygon PoS
5) Primex Finance & ChainHub Integrate LI.FI for Cross-Chain Swaps.
Here’s a quick snapshot of the performance of DeFi strategies across bridges.
Multi-Chain Ecosystem Updates
1) Coinbase Announces Project Diamond — a smart contract-powered platform for institutions.
2) Celestia to Integrate Data Availability Layer with Polygon CDK
3) Seamless Protocol (a LI.FI partner) issues $SEAM and secures first Base Token listing on Coinbase.
4) Uniswap Expands to Bitcoin Sidechain Rootstock
5) Robinhood Launches Crypto Trading Service in the EU
Interesting Reads
1) Expanding the Axelar Ecosystem: Ideas for Infrastructure Projects
2) Wallet Intents — Rethinking Swaps
3) Revisiting the Application Layer
4) The Evolving Research Around Intents
5) VanEck’s 15 Crypto Predictions for 2024
6) The L1 vs L2 Landscape: Understanding the Design Differences, Tradeoffs, and Endgames
7) The Impact of UniswapX on the DEX Ecosystem
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