Dossier
rollup market
Coverage of rollup market in the Nexus archive.
- Syndicate Labs to wind down operations after five years, citing rollup market slump
Syndicate Labs is winding down operations after five years, primarily due to a slump in the rollup market. The company clarified that a $330,000 exploit that occurred last month did not influence their decision to cease operations.
- Syndicate Labs winds down after 5 years, citing shrinking rollup market
Syndicate Labs is shutting down after 5 years of operations, attributing the closure to a shrinking rollup market. The Ethereum rollup ecosystem is increasingly dominated by Arbitrum and Base, which control 68% of the market share according to L2Beat data.