Degen

Today, we’re excited to announce the launch of Degen Chain, an L3 for the /degen community built with Arbitrum Orbit, @base for settlement, and AnyTrust for DA.

The chain’s native gas token is $DEGEN, making it one of the first community tokens with its own L3.

Read more: https://syndicate.io/blog/degen-chain

Within 24 hours of launching Degen Chain:

2,000,000+ transactions
$1,000,000+ bridged
24,000+ active addresses
370,000+ blocks
0.1 second average block time
First VRF onchain
Dozens of devs deploying contracts

And we're just getting started. Congrats @jacek and all degens 🎩

Mint Club, known for creating assets on a bonding curve, quickly integrated Degen L3 and launched the $DEPE token on it. Approximately 40% of active addresses now hold $DEPE, making it the token with the highest TVL on the Degen chain 🐸

Infrastructure for powerful onchain products + communities at scale. syndicate.io, cast /syndicate & /l3s, member @metabased, more linktr.ee/syndicateio