July 30, 2025
The next put up accommodates a recap of reports, tasks, and vital updates from the Spartan Council and Core Contributors from final week.
👉TLDR
Ethereum turns 10: A decade of uptime and composability.BaseVol: Constructing simplified crypto choices with brief durations and clear UX.Additional time: 600+ on-chain sports activities & e-sports markets, now that includes AI betting brokers.Synthetix Perps V3: Coming to Ethereum L1 for safety and deep liquidity.L2 fatigue is actual: Base is successful, however most rollups are fragmented and UX-painful.Trustless betting issues: Customers are shifting from Web2 rugs to auditable, on-chain platforms.DeFi’s subsequent frontier: Brokers, bots, and people constructing aspect by aspect in Ethereum’s open sandbox.
Spartan Council and SIP updates
First, Ethereum turns 10 at the moment! Ten full years of uninterrupted uptime — no halts, no reboots, no central switches to flip. That’s not simply spectacular for a blockchain, that’s fairly remarkable for any international tech community.
To rejoice, Synthetix hosted a Spartan House with visitors from BaseVol and Additional time Markets to speak in regards to the community that began all of it. What adopted was a wide-ranging dialog on all the pieces from betting bots to scaling wars, so let’s briefly recap the decision.
First up was BaseVol, a staff targeted on reimagining crypto choices as one thing that ordinary folks can truly use. Overlook complicated technical jargon and bloated dashboards, as a result of BaseVol provides short-dated, intuitive, fast-settling choices. Suppose Robinhood UX meets DeFi volatility.
The staff argued that with ETH and BTC volatility tightening and meme coin seasons maturing, customers are hungry for recent, high-upside performs, and choices are the right instrument (if delivered merely sufficient).
Subsequent was Additional time, which began as a Synthetix experiment (Thales binary choices) and has now grown right into a full-scale, decentralized sportsbook. They now help 600+ markets throughout conventional sports activities, e-sports, and international leagues — all trustless, on-chain, and KYC-free. And in a wild twist, bots are getting in on the motion: AI brokers like Billy Bets have already wagered over $1M on the platform by connecting to the API.
Throughout slower sports activities seasons, e-sports are filling the hole with Counter-Strike, Valorant, and Dota seeing surging curiosity. The neighborhood, and betting stream, now rotates seasonally with international occasion calendars.
Later within the name, Burt shifted again to Ethereum (the birthday lady), the place Synthetix is making ready to launch perps on mainnet. Whereas L2s supplied cheaper transactions and experimentation area, they’ve additionally launched downtime, fragmentation, and bridging friction. In contrast, Ethereum L1 provides the uptime, safety, and composability that actual merchants and liquidity suppliers want.
The protocol’s new perps product will settle immediately on mainnet, and combine natively with tasks like Ethena. This enables merchants to earn yield and put up margin with the identical capital, due to Ethereum’s distinctive composability.
In fact, the group additionally mentioned scaling. Everybody agreed: L2s performed a vital function throughout gas-fee hell. However now? Most are too fragmented to help sustainable, unified progress.
And Base is rising because the clear frontrunner — Coinbase help, sturdy ecosystem, and actual customers. Most different rollups aren’t attracting sticky liquidity or compelling UX. Additional time confirmed they’re targeted on simply three chains: Base, Optimism, and Arbitrum. Extra deployments means greater infrastructure prices and thinner liquidity, which isn’t definitely worth the tradeoff.
To shut issues out, a person shared that they have been lately rugged for $16,000 by a conventional sportsbook. That loss drove them to modify to Additional time, the place each guess, market, and payout is absolutely auditable. In an area typically referred to with uncertainty, this was a reminder that transparency wins in DeFi as a result of Ethereum lets customers confirm the principles.
And now, with AI brokers getting into the world, a brand new part of DeFi is taking form. Ethereum isn’t only for people anymore — it’s for brokers, bots, and protocols speaking immediately to at least one one other in a worldwide monetary sandbox.
All through the dialog, one theme was fixed: Ethereum is exclusive, and that’s what makes it work!
It’s filled with merchants, artists, builders, AI brokers, sports activities bettors, and even hackers — all figuring issues out as they go. That chaotic, permissionless tradition is what makes folks keep lengthy after the bull runs fade. It’s been ten years, and that is just the start.
