| | Starknet is somewhat late in rolling out its own tech stack, but better late than never. In today's rollup-centric world, everyone wants their own cluster of rollups and Starknet is no different. Meanwhile, Crypto Twitter is ecstatic that the DEX to CEX spot trading volume ratio is seeing new highs. | | | DEX to CEX spot trading volumes tops: | | Bull markets bring more speculators onchain to trade altcoins that won't score a CEX listing. The proportion of spot trading volumes of DEXs to CEXs is hitting all-time highs at 16%, based on the first week of January. | — Donovan Choy (X: @donovanchoy | Farcaster: @donovan) | | Starknet introduces SN Stack | Today, Starknet unveiled its dedicated rollup chain tech stack, SN Stack. The project was first teased in a July 2023 blog post. | The SN Stack offers developers the ability to build validity rollup chains with customized parameters like block times and sizes, using proven components of Starknet such as Starknet OS, CairoVM or the Blockifier execution engine. | Developers can opt to use Madara, an open source and modular framework to quickly develop appchains, or Dojo, a framework more suited to building onchain gaming apps. Starknet appchains will also be able to leverage the StarkWare sequencer infrastructure which in future will be open source. | "From now, projects will be able to build appchains using the gold-standard ZK-STARK cryptography with the ease and low-cost that has only been possible with optimistic rollups," said StarkWare co-founder and CEO Eli Ben-Sasson. | ZK-STARKs are considered to be an improved version of zk-SNARKs due to their lack of reliance on an initial trusted setup, though STARK proof sizes are larger. | For cross-chain interoperability, there is a proof-based interoperability solution in the pipeline that leverages Starknet's upcoming open-sourced prover Stwo (Stark Two), a Starknet spokesperson told Blockworks. | Paradex, a perpetuals exchange, is the only existing rollup built on SN Stack today. | A short history of rollup stacks | In 2020, Ethereum embarked on a rollup-centric roadmap that sought to offload execution to L2 chains for scalability. This introduced the incentive for rollup teams to develop their own custom rollup tech stacks, attract rollup chain developers and curate a gated ecosystem. | Optimism was first to the game. Optimism's OP Stack was officially introduced in late 2022 and launched in early 2023. In 2023 followed the launches of Arbitrum's "Orbit" then Zksync's ZK Stack. | Last month also saw the announcement of Commonware's "anti-framework" stack by ex-Ava Labs VP of engineering Patrick O'Grady. Commonware promises an even more modular architecture and less lock-in than the aforementioned rollup stacks. | Optimism's first-mover advantage has largely paid off, as is the case with open-source tools. Based on L2Beat, OP Stack is the most widely used stack with at least 50 combined rollup and Validium chains built on its technology, including Kraken's Ink, Coinbase's Base and the upcoming Unichain. | This network effect provides Optimism a lucrative monetization opportunity. For instance, Optimism offers rollups the option to enter into a revenue-sharing agreement that shares 2.5% of sequencer revenues or 15% of transaction fee profits (whichever is higher). | | While Starknet has yet to specify a monetization model for SN Stack, the team has confirmed details will be announced in the future. | — Donovan Choy | | |  | Aptos @Aptos |  |
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The first non-EVM deployment of the @aave Protocol—Aave V3 is now on Aptos 🌐 The Aptos Foundation is excited to welcome 2025 with the successful deployment of Aave V3 on Aptos testnet as part of Aave's open governance process. For more information and to test the deployment 👇 |  Aave @aave
Aave V3 has been deployed on @Aptos testnet, the first non-EVM deployment of the Aave Protocol 🌐 This testnet phase aims to validate Aave V3's safety, stability, and performance on Aptos ahead of a potential mainnet launch. Full development update here: governance.aave.com/t/temp-check-a… |
| | | 5:30 PM • Jan 7, 2025 | | | | | | 565 Likes 135 Retweets | 37 Replies |
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|  | DavidHoffman.eth 🦇🔊 @TrustlessState | |
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At @crecimientoar, it was clear that @zksync was making a big bet on LATAM @RipioApp is the largest crypto payments network in LATAM, started in Brazil and has expanded across the region. Now, its building a ZKsync L2 HUGE win for ZKsync |  ZKsync (∎, ∆) @zksync
Elastic Network++ @RipioApp is leading crypto adoption in LATAM across 8 countries, 19M users, and dozens of businesses. LaChain's upgrade from LaChain Classic to a ZK Chain represents an increase in demand that only ZK-proofs can service for scalability, security, and UX. x.com/RipioApp/statu… |
| | | 6:20 PM • Jan 7, 2025 | | | | | | 156 Likes 28 Retweets | 17 Replies |
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|  | hitesh.eth @hmalviya9 | |
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The Lost Case of L2 Tokens We've seen two major launches in general-purpose L2s in the past two years: Arbitrum and Optimism. Both launched governance tokens, involving token holders in decision-making around treasury usage for protocol and ecosystem growth. Both have faced… x.com/i/web/status/1… | |  | | | 7:07 AM • Jan 8, 2025 | | | | | | 149 Likes 19 Retweets | 46 Replies |
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|  | Haseeb ＞|＜ @hosseeb | |
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OK I'm late here, but just read this DePIN report and had to do a double take. It claims multiple times that DePIN trades at a weighted 100x multiple and is doing $500M in ARR. Hmm, OK. Surprising—what exactly in DePIN is making all this money? Well check the QT. According to… x.com/i/web/status/1… |  Messari @MessariCrypto
DePIN revenues grew 30x in 2024. |
| | | 3:09 PM • Jan 8, 2025 | | | | | | 313 Likes 22 Retweets | 46 Replies |
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