DeFi & L1L2 Weekly – 📦 Ethereum blob usage shifted; Paxos launched a new stablecoin USDL
DeFi & L1L2 Weekly – 📦 Ethereum blob usage shifted; Paxos launched a new stablecoin USDLEthereum blob usage shifts with Taiko becoming one of the biggest consumers. Paxos launches a yield-bearing stablecoin USDL. ZKsync announces its airdrop plan.Weekly DeFi IndexThis week's market capitalisation index was negative at -16.25%, while the volume and volatility indices were positive at +14.37% and +210.63% respectively. Chart of the WeekSince the Ethereum Dencun upgrade’s successful launch in March, the usage of the blobs has changed. After the first month of the Dencun upgrade, Base, Arbitrum, and OP Mainnet dominated the blob space. In the second month, Scroll, a Zero-Knowledge-based rollup, surged significantly and held a notable position. Taiko, a base rollup that relies on Ethereum block validators to sequence transactions, emerged as the runner-up for blob consumption after its mainnet launch. It also dominated the blob fee market, generating over US$1 million in fees since its launch. News Highlights
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