Welcome to Superchain Sunday - our weekly newsletter! Every Sunday, we will provide you with the latest news and updates in the world of the Superchain.
The Superchain accounts for over 69.6% of all Layer 2 transactions and sees 15.0M daily transactions. The network boasts 822 Unique Apps, contributing to the Optimism Collective. It is estimated that 90.4 ETH will be contributed to the Optimism Collective in August. Data Fetched from the Superchain Health Dashboard.
Coinbase is rolling out DEX trading directly inside its app, giving users access to millions of onchain assets within moments of their creation. Starting with Base-native tokens from projects like Virtuals AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs, and Super Champs, the feature lets traders buy and sell without waiting for centralized listings. All trades are powered by an integrated self-custody wallet, with Coinbase sponsoring network fees and providing a familiar interface to simplify the DEX experience.
This launch expands Coinbase’s reach beyond its centralized exchange by tapping into the fast-moving onchain markets, starting with Base and planning support for more networks like Solana. By combining deep liquidity from leading DEXs with Coinbase’s tools for safer and more informed trading, users get both speed and security in one place. Read more on the blog.
Lisk DAO Season 2 is now live and will run until December 17th. Building on the momentum from Season 1, this season scales builder support, ecosystem incentives, and deepens alignment with Superchain goals under the theme “Collaborations that drive real-world development.”
With a total budget of 3.925M LSK, over 95% of funds are going directly to developers, dApps, and ecosystem programs. Season 2 is guided by the Lisk DAO Grants Council and Steering Committee, focusing on four key intents: funding builders to grow TVL, driving onchain activity, contributing to the Superchain, and making Lisk governance more accessible and rewarding. Explore the Season 2 opportunities here.
BOB has raised $9.5 million in a strategic funding round, bringing its total raised to $21 million. Backed by Castle Island Ventures, Ledger Cathay Capital, RockawayX, Amber Group, Sats Ventures, and others, this funding will accelerate the development of BOB’s hybrid chain, which combines Bitcoin’s security with Ethereum’s DeFi innovation to unlock new use cases and tap into trillions in potential liquidity.
With recent launches including native Bitcoin DeFi on testnet, BTC-secured bridges, and becoming the first hybrid ZK rollup, BOB is positioning itself as the easiest and safest place to earn with Bitcoin. Many original investors have doubled down, showing strong confidence in BOB’s mission to put Bitcoin at the center of DeFi. Read more here.
Celo is gearing up for its next major network upgrade, the Ice Cream Hardfork, which will roll out EigenDA v2 (“Blazar”) across all Celo testnets and mainnet. This upgrade will enhance the network’s data availability layer, delivering faster confirmation times, improved stability, and greater scalability.
The rollout has already gone live on the Baklava testnet, with Alfajores scheduled for August 20, 2025, and mainnet activation set for September 10, 2025. Node operators are required to upgrade their EigenDA proxy to version v1.8.2 ahead of activation to ensure a smooth transition. Read more here.
Frax has launched FraxNet, an account layer for frxUSD that streams yield directly to holders in real time. Built on the “Fat Stablecoin Thesis,” it flips the traditional banking model by returning value to users instead of capturing it at the issuer level. Powered by the GENIUS Act’s new regulatory clarity, FraxNet offers instant settlement, programmable payouts, and seamless integration for institutions, targeting the $8 trillion money market fund opportunity.
With frxUSD set to be the first GENIUS-approved stablecoin, FraxNet could redefine institutional cash management. Read all the details here.
Optimism has announced the July Retro Funding results, awarding 2.6M OP to 158 onchain apps and 93 developer tools, marking the close of Season 7. By rewarding both the builders of applications and the teams creating the tools that power them, Retro Funding continues to fuel innovation and strengthen the Superchain ecosystem.
Season 8 is almost here. Start your journey on the Superchain and get rewarded for the impact you create.
The Superchain has grown to 33 different OP Chains, each with its flourishing Ecosystem. These are some extra stories to make your Sunday that much more Super.
