what's scroll?
Scroll is a native zkEVM Layer 2 scaling solution for Ethereum, designed to improve transaction throughput and reduce costs while inheriting Ethereum's security through zero-knowledge proofs. Its primary purpose is to enable scalable decentralized applications with full EVM compatibility, allowing seamless migration of Ethereum-based smart contracts. Key features include high-performance zk-rollup technology, low-latency withdrawals enhanced by integrations like Axiom's ZK coprocessor for block finalization, and a growing ecosystem of DeFi protocols. In October 2024, Scroll launched its native $SCR token to recognize community contributions, facilitate decentralized governance, and allocate resources for ecosystem growth, though recent updates indicate a reversal on full DAO governance and decentralized sequencer plans. Notable ecosystem advancements include Usx Capital's USX stablecoin launch for private, gasless transactions, Honeypop DEX achieving 2x trading volume growth from July to August 2025, and EtherFi's Cash product seeing approximately 3.5x deposit increases since July 2025.
Scroll's TVL dropped below $25 million in April 2026.
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scroll
Total TVL dropped to less than $25 million in April 2026.
Was the first project to be traded pre-market on Binance.
Inflated L1 gas prices by 1,280x over six days via malicious use of its single sequencer on March 31st, 2026, peaking over $2.00 and costing users over $50,000 in excess fees.
Bungee Incognito integration went live on Scroll, enabling privacy features on the network.
Discontinued the Etherscan block explorer service.
Integrated Chainlink CCIP Risk Evaluation (CRE) services, part of 26 integrations across 17 chains.
Promoted Raza from growth lead to CEO of Up Labs.
CTO Haichen moved from Up Labs to join the Scroll Foundation to lead technical vision.
Scroll Trading is now live on Monad via memetok_app, allowing users to trade in-app, create memecoin content, and earn commissions from post-driven trades on iOS and Android.
Selected Pink Brains for State of Scroll Research (DCP 1) until March 13, 2026, with an $18,000 allocation.
ether.fi migrated to OP Mainnet, with approximately $230M TVL withdrawal.
Maintains 100% uptime with zero outages recorded.
Launched Scroll 2.0 governance framework, featuring DAO 2.0, enhanced delegate program, execution committees, formal DAO budget, and separated execution/accountability; recognized 26 delegates as the first Verified Delegates cohort.
Omer Firmak, a developer with experience at Scroll, joins Conduit to build performant EVM infrastructure.
Had 11,000 active addresses that were also active on other chains in the week ending February 9, 2026, representing 76.7% of Scroll's total active addresses.
Ranked 10th among Layer 2 projects by development activity in Santiment's March 2026 ranking, down from previous month.
Ceno zkVM achieves proving speed of 4 minutes 15 seconds.
Integrated with 8004_scan on February 4, 2026.
ERC-8004 for trustless AI agent identity and reputation is now live on Scroll, enabling agents to interact and transact across chains without gatekeepers.
Co-founder's X account was hacked and is sending phishing messages impersonating X employees.
Generated $17.51M in finance-related gas fees, placing sixth among Layer 2 networks measured on growthepie.eth.
SCR token is now listed on OKX Hong Kong's osl.com exchange.
Bank of France, Bank of Italy, Bank Negara Malaysia, and Singapore's Monetary Authority ran a cross-border remittance proof-of-concept on Scroll, with BIS publishing the results.
EtherFi card pays 2-3% cashback in Scroll tokens on all purchases, providing a new distribution channel and real-world utility for the token.
The DAO is voting on the Galileo Upgrade, a major protocol update featuring efficiency, fee model, and EVM compatibility improvements in preparation for Ethereum upgrades.
USXcapital, a privacy-preserving stablecoin, launches on Scroll and LayerZero, bringing gasless private transfers and new stablecoin infrastructure to the network.
Added 72K new users this week, with new addresses surging 291% and total transactions exceeding 500,000, including 30,000 WETH transactions on L1 WETH Gateway.
A Scroll leader named Sandy suffered major reputational destruction in the crypto community, with observers stating she will never work in crypto again after being severely "rekt" by community backlash.
Avail Nexus mainnet launches with Scroll as one of 13+ supported ecosystems from day 1.
Generates $500 in daily fees and $498 in daily revenue.
Winners of the inaugural Content Hackathon announced after reviewing hundreds of submissions from English, Spanish, and Portuguese language tracks.
EtherFi debit card integration pays 2-3% cashback in Scroll tokens on every purchase, with instant onchain deposits, zero crypto-to-fiat conversion fees, and ability to spend multiple crypto assets directly from liquid vaults earning up to 12% APY.
Sits at $8.16M market cap April 10, 2026, down from $18M (previously $26M on November 23).
Current market capitalization stands at $26 million.
Draws public criticism over high valuation launch structure and VC funding model, following $50M raise in 2023 at $1.8B valuation, with concerns about token distribution favoring insiders and VC dumping.
USX launches ZK-powered gasless and private stable asset on Scroll with 10-15% APY staking yields.
Launched private transfers via Scroll Cloak ZK privacy technology for USX stablecoin. Integrates LayerZero for omnichain.
Reported daily revenue at $320 against $80M in total funding.
Announces usxcapital, a fully collateralized neodollar merging traditional and decentralized finance, with a $100,000 bug bounty program.
Participates in EFDevconnect in Buenos Aires, hosting two exclusive meetups and multiple talks and panels.
Partners with Immunefi to launch Security Subsidy Program on November 12 through the Magnus platform.
Plans to dissolve Security Council, transition admin control to Scroll Admin multisig, downgrade from stage 1 to stage 0 by April 23, 2026, and reduce contributor roles across its DAO.
Total spending on ether.fi Cash crosses $100M milestone, with all transactions settled gasless on Scroll.
Token ranks #10 in 7-day performance among Privacy sector leaders during a week of broader crypto market decline.
Launches content creator funding program with $4,000+ in prizes across English, Spanish, and Portuguese tracks, with applications now open.
Scroll processes 1 million gasless transactions for ether.fi Cash within a few months of launch, all featuring 3-5% cashback rewards.
Market cap stands at $30M, the lowest among major L2 projects compared to Polygon ($2B), Arbitrum ($2B), Optimism ($800M), ZKSync ($800M), Linea ($800M), and Starknet ($500M).
Token unlock scheduled for upcoming week releases $21.39M worth of tokens.
Scheduled token unlock on October 22 releases 82.5 million tokens representing 43.42% of circulating supply, worth approximately $14.09 million.
Avail Nexus SDK integration adds Scroll as a supported chain for cross-chain interoperability alongside 10+ other networks including HyperEVM, Tron, and Polygon, enabling Base developers and users to tap into fragmented liquidity across multiple chains.
Q3 metrics show 50,000 daily transactions and 44,000 active users on the network.
Official integration with an offramp payment service launches, allowing users to move funds via Scroll with zero fees and access to real-world fiat utility.
Raised from Polychain at $1.8B valuation in last funding round, current FDV drops to less than $200M (88% decline), attributed to poorly executed airdrop.
Agentify (AGF) partners with Scroll to integrate Agentify infrastructure, alongside BNB, ZKS, and Arb.
Uses Axiom's ZK coprocessor technology for block finalization and to reduce withdrawal latency.
DAO governance plans and decentralized sequencer discussions have been abandoned, marking a reversal from previous governance evolution initiatives that were actively being pursued.
Usx Capital launches USX stablecoin on the network.
Honeypop DEX built on the network shows 2x trading volume growth between July and August.
EtherFi's Cash product on the network has grown deposits by approximately 3.5x since July.
Introduces Cloak privacy feature and participates in Korea Blockchain Week event while highlighting partnerships with Open Economy and Honeypop app.
Tally governance platform publicly endorses the DAO's governance evolution plans and expresses intent to collaborate on implementation.
The DAO steps back from daily operational responsibilities while maintaining veto power over key decisions.
External governance consultant offers to transition DAO to optimistic and council-based governance structure within weeks, actively seeking connection with Foundation and Labs to address ongoing governance challenges.
ManifoldTrading has been accumulating positions in emerging L2 ecosystems including the project as part of their cross-chain yield generation strategy.
Official clarification states the DAO is evolving rather than disbanding to match rapid growth phase, with explicit reassurance that user funds remain secure and no protocol-level risks exist.
Project maintains active marketing presence with banner spotted at Korea Blockchain Week events in Seoul starting next week.
Network shows +60% increase in active addresses over the past week, indicating growing user adoption despite ongoing governance challenges.
Aave takes action to slash risk exposure amid ongoing governance issues.
Token shows resilience with 3.3% weekly gains despite ongoing DAO suspension and leadership disagreements, while protocol proposals remain paused during governance redesign.
Revenue generation is minimal and Aave may propose withdrawing from the platform due to centralization and economic viability concerns.
DAO governance operations are paused while leadership redesigns the system following the resignation of DAO leadership this week, with no clear timeline or next steps communicated.
Major execution issues with TGE and communications impact competitive positioning in L2 market.
Chain fees increase 42% over 7 days, ranking fourth among major chains in fee growth.
Transaction count increases 43% over past 7 days, ranking third among major L2 chains in growth rate.
Active addresses surge 146%, leading all major EVM chains in growth rate.
Network throughput increases 562% to 0.82 Mgas/s over past 30 days.
DeFi TVL reaches $259.6M after 139% weekly surge, marking highest growth rate among $100M+ chains.
Network achieves 1-second block time confirmation, marking significant performance improvement for transaction processing.
Successfully completes Stage 1 requirement upgrades, achieving full compliance alongside five other rollups.
Launches 'Cloak' privacy layer, enabling private transactions on zk-rollups.
Strategic expansion into global south markets focuses on merchant and cross-border payment use cases.
Custom ASIC integration with Cysic enables 10x faster ZK proof generation, reducing processing time from hours to seconds.
Significant community backlash emerges over token launch strategy, potentially impacting adoption and partnerships.
Network activity doubles to 55K+ daily transactions with continued upward momentum.
Maverick v2 DEX achieves top 5 position by 7-day trading volume across multiple networks, indicating expanded cross-chain liquidity integration.
Security Council compliance deadline approaches in 7 days; non-compliant Stage 1 rollups face downgrade to Stage 0.
Network integrates with Avail's Nexus Upgrade, enabling seamless transfers of ETH, USDC, and USDT across nine major chains including Ethereum, Optimism, and Arbitrum.
30 delegates selected for DAO accelerator program, expanding governance participation.
Significant liquidity migration detected as TVL shifts to Arbitrum network.
Protocol faces requirement to upgrade Security Council setup to maintain Stage 1 rollup status.
New infrastructure partnership with ether_fi enables cash card integration for real-world payments, featuring 1-second settlements and sub-cent transaction fees.
Network activity surges with 77.6% increase in active addresses and 19.4% rise in transactions within 24 hours.
New WhatsApp integration allows direct crypto payments through message commands, targeting emerging markets.
Trusta launches cross-chain attestation services with 3M attestations and 1.5M verified users across network and other major chains.
DeFi users withdrawing liquidity following controversial airdrop allocation favoring Discord engagement over on-chain activity, creating ecosystem-wide impact for protocol builders.
New AI tool for DeFi strategy optimization deploys on mainnet.
New Rango bridge portal integration enables direct bridging from 60+ chains with single-click functionality.
Network transactions increase 24% over 7 days, ranking 4th among top growing chains.
Current 50mm ARR projected to reach 70-80mm with 3.7Bn TVL target by year end; card program aims for 100k holders.
New card program launches offering 5% token cashback rewards through EtherFi, with recommended immediate conversion due to token volatility risks.