Eclipse is an Ethereum Layer 2 solution utilizing the Solana Virtual Machine (SVM) to enhance transaction throughput and reduce fees, addressing Ethereum's scalability limitations. By combining Solana's high-performance execution environment with Ethereum's liquidity, Eclipse enables developers to build decentralized applications that benefit from faster processing and lower costs.
Funding
$65M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Ethereum's scalability limitations result in high transaction fees and slow processing speeds, hindering the development and adoption of decentralized applications. Developers need a solution that offers faster transaction throughput and lower costs while still leveraging Ethereum's liquidity and security.
Solution
Eclipse is an Ethereum Layer 2 solution that utilizes the Solana Virtual Machine (SVM) to provide a high-performance execution environment. By combining Solana's speed with Ethereum's liquidity, Eclipse enables developers to build decentralized applications with faster transaction processing and reduced fees. The platform aims to be a hub for DeFi, bridging SOL and ETH, offering opportunities to generate yield on both assets simultaneously. Eclipse's architecture leverages Ethereum for settlement, Celestia for data availability, and RISC Zero for fraud proofs, creating a modular blockchain solution.
Target Audience
The primary target audience includes DeFi developers, NFT projects, gaming platforms, and other dApp developers seeking a scalable and cost-effective solution for deploying applications on Ethereum.
Features
- Solana Virtual Machine (SVM) for high-performance transaction execution
- Ethereum for settlement, leveraging its security and liquidity
- Celestia for data availability, ensuring scalability
- RISC Zero for fraud proofs, maintaining security and trust
- Interoperability with Ethereum and Solana ecosystems via Hyperlane
- Compatibility with existing Ethereum-native Solidity dApps through Neon Stack integration
- Unified Restaking Token (tETH) for maintaining rewards exposure and diversifying risk