Modular blockchain is in the ascendant, and Celestia ecosystem is thriving

Author: Lisa, LD Capital

Since its launch, Celestia’s specially built data availability layer has been increasingly selected and applied by public chains. This article will review the current status of Celestia’s ecological development. For basic information about the Celestia project, we published a brief analysis of modularization in November.BlockchainCelestia”, this article will not elaborate on it.

1. Celestia’s Data Cost Compared to Ethereum

The fees paid by various layer2s to publish data to Ethereum are expensive, costing over $30 million in December 2023.

The impact of Celestia's modular DA layer on Ethereum published by Numia Data L2s: a first look》一文把过去6个月不同L2将callData发布到以太坊的花费与他们使用Celestia作为DA层可能花费的金额进行了比较（计算过程将TIA价格设定为12美元）。从两者数量级上的差异可以看出Celestia这类的专用DA层可以给L2 Gas费用带来的巨大经济效益。

2. Recent Development of Celestia Ecosystem

1. Celestia is supported by multiple RaaS platforms

With the development of Rollup-As-A-Service (RaaS), developers have a lot of tools to build Rollup.BlockchainTools that can inherit the base layerSafetyThe following Rollups-as-a-Service protocols all provide Celestia as the underlying option, and RaaS can also support many Ethereum Rollup frameworks, including Arbitrum Orbit, OP Stack, and Polygon CDK.

2. List of Celestia Ecosystem Projects

Manta

Manta Network is a modular network for ZK applicationsBlockchain, founded by a team of founders from well-known institutions such as Harvard University, MIT and Algorand, and has received investments including Binance Labs and Polychain Capital.

Manta Pacific is built on OP Stack, providing a scalable and cheap gas fee environment for ZK applications. It uses Manta Network's universal circuits to allow developers to quickly build, test, and deploy ZK-enabled applications using only Solidity and the universal circuit SDK. At the same time, EVM equivalence is achieved by adopting the code base of OP Stack Bedrock, and zkEVM will be implemented based on Polygon CDK in the future.

Manta Pacific uses Celestia's modular data availability solution to greatly reduce user transaction fees. It is also the first Ethereum L2 to use Celestia for modular data availability. The solution was officially launched on December 18, 2023. After migrating the Data Availability Layer from Ethereum to Celestia, the cost was reduced by 99.81% compared to using the Ethereum mainnet.

Recently, Manta launched New Paradigm, a liquidity incentive activity similar to Blast liquidity pledge. Users can obtain futureTokenRewards. With the launch of the event, Manta Pacific TVL rose rapidly.

Dymension

Cosmos ecosystem modular settlement layer Dymension launched Genesis Drop, distributing airdrops to Celestia, Ethereum Layer2, Cosmos, Solana and NFT holders. Users can claim 70 million DYM (accounting for 7% of the total supply) before 20:00 on January 21, 2024, Beijing time, adding a golden shovel narrative to TIA.

Celestia: As of December 19 (block height 360,000), users who stake at least 1 TIA and up to 5,000 TIA on Celestia are eligible for a distribution of 20,000,000 DYM (2% of the total supply);

Ethereum Layer2: Dymension will provide 10,000,000 DYM (1% of the total supply) to Arbitrum, Optimism, Base, and Blast users. ;

Cosmos: Dymension will allocate 17,500,000 DYM (1.75% of the total supply) to Cosmos ecosystem users;

Solana: Dymension will allocate 10,000,000 DYM (1% of the total supply) to over 500,000 addresses on protocols such as Wormhole, Tensor, Drip.Haus, etc.

Dymension will also allocate 12,500,000 DYM (1.25% of the total supply) to holders of Pudgy Penguins, Mad Lads, Tensorians, and Bad Kids.

In addition, Dymension will launch a liquidity incentive program one week after the mainnet launch, allocating 2.5 million DYM to users who cross-chain to Dymension.

Saga

After Dymension CXiaobai NavigationOsmos Ecosystem Scalability Protocol Saga Announces Genesis Airinvestment Qualification Standards for CelestiaCommunityAirdrops issued, more than 27,000walletEligible.

ZKFair

ZKFair是第一个社区拥有的zkrollup，采用Polygon ZK和Celestial DA架构，由Lumoz提供技术支持。12月24日的Gas Fee Airdrop引发较高热度，Token上线后亦创造了较大财富效应。

Arbitrum Orbit

On October 25, 2023, the Arbitrum Foundation and the Celestia Foundation announced the integration of the Celestia modular data availability network into the Arbitrum Orbit and Nitro stacks, providing developers with the option to publish data to Arbritrum One, Arbritrum Nova, and Celestia. The Arbitrum Sepolia testnet was officially launched on December 20. Subsequently, the following protocols on Arbitrum announced that they would integrate Celestia.

Syndr: A decentralized derivative based on Arbitrum Layer3 “Arbitrum Orbit”exchange, providing low-cost, low-latency and high-throughput options and perpetualscontract.

Kinto: The first KYC'ed Layer 2 capable of supporting modern financial institutions and decentralized protocols.

Alpha Dune: L2 focused on “loyalty-driven” GameFi applications.

Deri: A decentralized cross-chain derivatives protocol built on orbit L3.

Eclipse

Eclipse Mainnet is a general-purpose L2 that combines the best parts of the modular stack, with Ethereum as the settlement layer of the verification bridge, Celestia as the data availability layer, RISC Zero for generating zero-knowledge fraud proofs, and Solana's SVM as the execution environment. On December 14, the Eclipse testnet went live, and Eclipse data began to be published on Celestia's Mocha testnet.

Pocket

Pocket Network是去中心化 API 数据服务协议，通过在所有Blockchain参与者（应用程序开发人员和全节点运行者）之间建立激励机制，以及分散的节点结构提供对区块链数据的访问，隶属于depin赛道。Pocket于11月21日宣布将调整开发路线图，采用Rollkit开放式模块化框架，该框架将利用Celestia作为 POKT网络的共识和数据可用性层。相关的Shannon 升级会在Q1上线测试网，Q2上线主网。

Movement

Modular blockchain network Movement Labs launched the Ethereum L2 "M2" based on Move, which is extended with Celestia's modular data availability layer to accelerate the creation of high-performance consumer applications. The Move VM is optimized for high throughput, has a local fee market and embedded support for formal verification, and M2 is also extended through Blobstream to transfer Celestia's high-throughput modular DA to Ethereum for integration by L2.

Conclusion

As the Rollup infrastructure becomes more complete, modular blockchain will become the main trend of future development, and Celestia will also play an important role in it. At the beginning of its launch, Celestia's business model faced some doubts, such as the expansion project that does not use Ethereum as the DA layer is not Ethereum Layer2, the independent DA layer cannot empower Ethereum but will increase systemic risks; the widespread use of Celestia will weaken the significance of the Cancun upgrade; the independent DA layer represented by Celestia has conflicts of interest with Ethereum itself, etc. Today, Celestia has proved itself to a certain extent by being chosen by more and more RAAS and second layers. With the continued rise in TIA prices and the thriving development of the ecosystem, Celestia has become the talk of the town and is gradually moving towards the positioning of the "best DA layer" of modular blockchains, but it will soon face challenges from Ethereum, EigenDA, and AV after the Cancun upgrade.AIWith the competition from L and others, what will the future of Rollup look like and how DA will share the world, we will have to wait and see.

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