eclipse00
$es
MCAP16.84M
+0.14%

what's eclipse?

Eclipse is a modular Layer-2 blockchain project built on the Solana Virtual Machine, designed to enhance Ethereum's scalability by leveraging high-performance components from multiple ecosystems including Ethereum, Solana, and Celestia. Its purpose is to provide developers with a fast, cost-effective platform for building decentralized applications while maintaining Ethereum's security through data availability layers. Key features include the SVM for parallel transaction processing, integration with Ethereum for settlement, and support for modular infrastructure to enable customizable blockchain solutions. The project has undergone significant funding rounds, raising over $65 million, and focuses on fostering blockchain adoption through infrastructure and application development. Recently, Eclipse has shifted strategically from pure infrastructure to app-centric models amid market challenges, including token price volatility and competitive pressures. It operates with a native token $ES used for governance, staking, and network fees.

Snapshot

Eclipse's $ES token offers 259.41% APR in funding rate arbitrage opportunities.

contract

ethereum

eclipse

solana

4D ago
MARKET ACTIVITY

$ES token is now tradable on fomo exchange.

2M ago

$ES token shows 259.41% APR in funding rate arbitrage opportunities.

Current metrics show $2.91M TVL (down from $7M in October), 5K daily active users, and token performance at -81% from TGE.

3M ago

Integration with RocketX platform goes live, enabling cross-chain swaps of $ES token across 195+ chains.

Project trends in connection with community mistreatment allegations alongside other projects with similar issues.

The project is considering a rename to "MEGA: Make Eclipse Great Again".

Project sunsets tETH and tUSD tokens, requiring all users to redeem by December 31, 2025 through frontend interface or later through smart contracts. All funds remain available after the deadline but require direct smart contract redemption.

TVL stands at approximately $7 million according to recent data.

4M ago

Project shifts strategy from SVM L2 technology to memecoin launch (Elonbucks), with expectations that the memecoin generates more revenue than chain fees.

Chain downtime occurs with no user complaints, revealing absence of active users on the network.

Eclipse Labs confirms Binance rejected them immediately over allegations, stating inability to comment is not due to NDA. A partner stopped tweeting about the project and removed them from their dashboards.

Token displays strong upward momentum with trader predicting new all-time high tomorrow.

An Eclipse Foundation intern engages in hostile behavior toward the project's community for attention within the past 24 hours.

Price closed under daily trend for the first time since April bottom, with potential fill to weekly trend level open.

The project publicly posts a chart showing its token's consistently declining price performance, representing an unusual self-disclosure of negative market performance.

Angel investors are being removed from the project after allegedly questioning the foundation's token dumping that violated lockup agreements.

Eclipse discloses it earns ETH from blockchain operations and regularly sells the earned ETH as part of its business model.

5M ago

Major restructuring results in 65% staff reduction and appointment of Sydney Huang as new CEO.

Leadership undergoes another restructuring amid growing competition from Gorbagana fork.

New business direction focuses on building breakout application on L2 infrastructure, with details pending.

6M ago

New limit order feature launched, allowing automated trading at preset price points.

New trading app integration enables direct fiat purchases of $ES in 20+ currencies.

New HTX Launchpool program enables HTX token staking to earn ES rewards alongside APEPE and SNAKES tokens.

Protocol metrics reveal significant deterioration: $17M TVL (65% below ATH), $1.5M daily DEX volume, and minimal ecosystem revenue.

Token listed on HTX exchange with 339% price increase in first week

Initial airdrop distribution yields 3.42% APY return on $25k investment, triggering significant community backlash and early supporter exodus despite extensive participation requirements.

Integration with Hyperlane enables native cross-chain functionality across Ethereum, Solana, Base, and Arbitrum One networks.

$ES token lists on HTX exchange with deposits now open.

Token Generation Event confirmed for October 20.

Post-launch metrics reveal concerning fundamentals with low wallet retention rates and Total Value Distributed (TVD) falling below comparable infrastructure projects, while lack of token utility drives speculative rather than builder engagement.

7M ago

Protocol integrates Kailua ZK rollup solution, reducing settlement time from 7 days to minutes.

Initial NFT holders face 21% loss as airdrop delivers 330 $ES ($99) against $125 mint cost.

Strategic conflict emerges as project blocks founder of major Korean crypto firm DeSpread (@jasonyeah0503) despite stated commitment to Korean market.

Strategic token distribution focuses on institutional addresses to control circulating supply.

100M ES tokens (15% of supply) being airdropped to early users, with simultaneous listings on Bybit and Backpack offering combined 4.2M ES in rewards.

Mainnet deposits now active for $ES tokens ahead of upcoming TGE.

Token launches with 6 major CEX listings including Bybit, MEXC, Gate.io, KuCoin, and CoinW, deploying across three chains.

Token claims begin July 16th 9AM UTC at $0.42 pre-market price, followed by CEX listings at 10AM UTC.

Upcoming Kraken exchange listing announced.

TGE timeline accelerated to this week, ahead of previous next-week schedule.

Token Generation Event (TGE) scheduled for next week.

Airdrop distribution prioritizes simple Turbo tab interactions over substantive protocol engagement like ETH bridging and DeFi usage, potentially compromising long-term user retention.

$ES Checker tool launches for airdrop eligibility verification and claim status checking

Market participants report active OTC selling by team members amid broader ecosystem concerns, while airdrop distribution faces sybil attack complications.

Team faces internal crisis as community leader faces allegations of misconduct and censorship, while other team members publicly defend leadership.

Multiple KOLs reject allocation terms leading to deletion of official Telegram group, signaling distribution strategy complications beyond initial airdrop dissatisfaction.

Team confirms strategic decision to concentrate airdrop allocations to few impactful voices instead of wide distribution across ecosystem participants.

Initial FDV targets approximately $280M, positioning below competitor Fuel's launch valuation.

Turbotap farmers receive significant 4-figure airdrop allocations while large protocol holders get minimal or no allocation.

Airdrop checker launches amid widespread dissatisfaction from NFT holders, KOLs, and DeFi whales regarding distribution methodology.

$ES trading launches on Eclipse native chain this week

Fake $ES token contracts circulating without official verification from Bybit or team; community lead warns of active scam attempts.

New partnership with Lunar Finance establishes shared liquidity pool integration for improved pricing.

Current TVL reaches $160M, positioning protocol at half the size of Felix on HyperEVM.

Team members legally restricted from claiming upcoming ES token airdrop, indicating stronger token distribution controls.

8M ago

Project announces wind-down and Gate.io delisting of $ECLIP token; holders advised to withdraw.

Achieves top 10 position on Celestia daily stats leaderboard, demonstrating significant network activity and adoption.

Skate AMM introduces one-click tUSD acquisition functionality.

Venture capital valuation concerns emerge with current $600M FDV being questioned against suggested $5M fair value, indicating significant overvaluation risk.

SVM successfully integrated on Ethereum, enabling Solana Virtual Machine functionality through protocol infrastructure.

Four new airdrops (LAIKA, KAITO, HYPER, SKATE) distributed to community members with active trading pairs ASC/BITZ.

User base reaches 100k milestone with access to Ethereum LRTs via tETH.

Airdrop recipients offered direct USD equivalent option instead of traditional token distribution.

tUSD reaches $500k minted with 5600+ holders earning treasury bill yield

Protocol extends Season 1 snapshot and wallet binding deadline to June 3rd, 2025 (23:59 UTC) following brief AMM disruption; EVM wallet binding required for Solana interactions.

Native yield-bearing stablecoin tUSD launches through Nucleus partnership, alongside tETH liquid restaking token implementation, expanding DeFi capabilities.

Current transaction speed reaches 9000+ TPS with technical roadmap targeting 1M+ TPS through future upgrades.

9M ago

First SVM Layer-2 on Ethereum raises $65M ahead of TGE.

L2 protocol announces specific timing for TGE in May/June; users can prepare by bridging assets, converting wETH to tETH, and minting NFTs.

Layer 2 solution combines Ethereum security with SVM speed, partnering with Celestia and RISC Zero. Projects AstrolFinance and UmbraFi building on platform with $ES token launching soon.

Recent gaming event generates $200K in ticket sales with 10,000 participants, showcasing active ecosystem partnerships.

New Layerswap integration enables direct CEX deposits, eliminating bridging barriers.

On-chain metrics show decline since January peak despite approaching TGE, indicating potential divergence between hype and actual usage.

New cross-chain ETH/tETH swaps launched with unified liquidity across networks, powered by Hyperlane Warp Routes.

New AMM phase launches with tETH/WETH trading pair, featuring cross-chain liquidity between Ethereum and Eclipse.

Gaming platform reaches peak DAU levels while community developers actively create new games.

Network stress test concludes after successfully demonstrating high throughput capacity, with natural DA demand maintaining 50%+ market share.

Airdrop requires only ETH holdings and basic interaction for participation.

Integration with Polymarket generates $7.5M trading volume in first week using $60k executor inventory.

Risk Alert: Team member took significant pre-product funding followed by project exit.

Platform maintains 6M daily transactions while launching multiple new features including AI-integrated Beacon Protocol testnet and enhanced NFT trading platform.

Founder faces serious misconduct allegations; VCs allegedly aware prior to investment.

Founder tokens sold via OTC deals and shared leadership with Move project amid recurring controversies.

Legal dispute over airdrop ownership dismissed; new CEO in place since May 2024 amid concerns over farming activities.

Project leader Sam Thapaliya attempted to sell Zebec tokens while fundraising for current project.

L2 solution launches Scope Pro product with Astrol Finance and Invariant Labs partnerships; snapshot completed and TGE upcoming.

New NFT trading interface Scope Pro launches with enhanced features including live updates and collection analytics.

Four teams (Validators, AllDomains, Fighthorse, IntoTheVerse) are actively building on Ethereum's first SVM L2.

$HYPER token airdrop is live, distributing 181,000 tokens to eligible users as reward for Hyperlane integration usage.

Multiple angel investors and early backers are quietly exiting positions while maintaining public silence.

New DeFi yield product Orbit Earn launches with $ECLIP staking mechanism for governance and IDO access.

10M ago

Project experiences decline in social engagement metrics on Kaito platform

Snapshot completed and TGE imminent, with established projects already building on platform.

$65M funding secured from Polychain Capital for protocol development.

Fees to Celestia drop 76% after snapshot, maintaining 75% of total fee share versus previous 90%.

Transaction volume drops 95% from 200M to 10M daily after maintaining high volume for 6 months.

Current mining structure yields negligible returns while lacking clear utility purpose.

Turbo Tap snapshot has been taken, indicating imminent token-related event.

Token launch mechanics and post-launch price action present significant risks, with potential for sharp decline without established ecosystem fundamentals.

Airdrop of 6M HYPER tokens available to users with 25% boost on ongoing rewards; registration deadline 3:59 AM UTC on 4/14.