Layer 2 zkEVM Scroll appears to have gone live on mainnet, $500,000 bridged so far

Quick Take

  • Ethereum Layer 2 Scroll appears to have launched its zkEVM on mainnet, according to on-chain data.
  • There has been no official announcement from the Scroll team as yet. However, bridge deployment began on Oct. 8, and over 330 ETH ($500,000) has been bridged so far, according to Dune Analytics.

Ethereum Layer 2 network Scroll appears to have launched its zkEVM live on mainnet, with funds already being bridged to the platform, according to on-chain data.

Over 330 ETH ($515,000) has been bridged so far, according to a Dune Analytics dashboard, encompassing more than 850 transactions and nearly 500 unique users. Bridge deployment appears to have begun on Oct. 8, according to blockchain explorer Etherscan. 

There has been no official announcement from the Scroll team as yet. However, users are already able to add the mainnet to their web3 wallets like MetaMask and transfer funds from other Ethereum-based networks to the zkEVM via third-party bridges such as Owlto Finance. The minimum bridge amount is reportedly 0.0035 ETH (around $5).

Some dapps also appear to have begun integrating with the Scroll mainnet, enabling users to play around with the new network further. DefiLlama is already tracking four DEXs on the Scroll zkEVM and is reporting a total value locked on Scroll applications of more than $150,000 so far.

There is also no confirmation if or when a Scroll token will be launched and distributed.

Battle-tested challenging zkEVM approach

The Scroll zkEVM mainnet follows a testing phase for the network, including its launch on the Ethereum Goerli testnet in February. Prior to that, Scroll was available for testing via the project’s own clone of Ethereum.

Scroll has been developing its network for two years, with 60 team members working alongside a broader network of external contributors.

zkEVMs are Layer 2 networks built on Ethereum using zero-knowledge proofs for scalability. Being Ethereum Virtual Machine-compatible, these networks can support Ethereum applications while also running at scale.


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About Author

James Hunt is a reporter at The Block and writer of The Daily newsletter, keeping you up to speed on the latest crypto news every weekday. Prior to joining The Block in 2022, James spent four years as a freelance writer in the industry, contributing to both publications and crypto project content. James’ coverage spans everything from Bitcoin and Ethereum to Layer 2 scaling solutions, avant-garde DeFi protocols, evolving DAO governance structures, trending NFTs and memecoins, regulatory landscapes, crypto company deals and the latest market updates. You can get in touch with James on Telegram or 𝕏 via @humanjets or email him at [email protected].

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