Alkimiya Unveils First DeFi Market for Trading Base Rollup Revenue

Quick Summary:

This new primitive is also designed to capture the value of most on-chain activities that contribute to increased gas fees.  "Trading total gas spent represents a unique way of betting on the fundamental growth of an ecosystem, without interacting with the platform’s governance tokens, and in this case, Base doesn’t have a token,” said Leo Zhang, founder of Alkimiya.  The economic relationship between the ETH mainnet and its rollups has long been debated.

Groundbreaking Blockspace Primitive Designed to Capture the L2 Sequencer’s RevenueSingapore, Jan.14, 2025 (GLOBE NEWSWIRE) -- Alkimiya, a pioneering blockspace markets protocol, today launched the first market that allows users to directly trade revenue generated by the Base rollup.

Using Alkimiya’s innovative platform, participants can trade a percentage of the cumulative gas paid to the sequencer, which can fluctuate dramatically—from as low as 10 ETH to as high as 200 ETH in a single day.

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Article Details

Author / Journalist: Alkimiya

Category: Technology

Markets: ChinaSingapore

Topics: Users On-chain Base Alkimiya Network Total Market Spent Blockspace Transaction Revenue

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 14:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 630 words

Reading Time: 4 minutes read

Sentences: 29 lines

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News ID: 25154539

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