Euclid launches on Base
What happened
Euclid Protocol launched on Base, promising unified liquidity spanning 40+ chains without bridges and immediate access to over 110M users — a move targeting smoother cross‑L2 liquidity. The announcement positions Euclid as a potential liquidity rail for L2-native DeFi activity. (x.com)
Why it matters
Euclid closed a $3.5 million seed round this year with participation from KuCoin Ventures, Gate Ventures, Kahuna Network, ATOM Accelerator and 0G Labs, backing the team’s cross‑L2 expansion plans. (asksurf.ai)) The protocol logged 18 million+ testnet transactions, roughly 350,000 monthly active users and 1M+ connected wallets before moving into a staged private mainnet rollout intended to validate production‑scale routing and liquidity consensus. (thedefiant.io)) Euclid’s roadmap lists three core products — Euclid Swap for omnichain trading, Euclid Launch to give token creators immediate access to shared liquidity at mint, and Planet Euclid for rewards and community missions — all slated to go live across its network phases. (cryptorank.io)) The protocol has already plugged into multiple ecosystems, including a Somnia Network integration that the project says links unified liquidity across 40+ chains and targets high‑throughput gaming use cases. (blockchainreporter.net)) Base’s developer and distribution stack grants onchain apps access to Coinbase’s ~110 million verified users and integrated fiat/on‑ramp tooling, a distribution vector Euclid can now tap for L2‑native liquidity activation. (help.coinbase.com)) Euclid’s public‑mainnet milestone is flagged as the next major deployment window in its rollout, while earlier testnet initiatives recorded passport minting and wallet metrics used to qualify early participants for future token and launch mechanics. (thedefiant.io))
Key numbers
- Euclid Protocol launched on Base, promising unified liquidity spanning 40+ chains without bridges and immediate access to over 110M users — a move targeting smoother cross‑L2 liquidity.
- The announcement positions Euclid as a potential liquidity rail for L2-native DeFi activity.
- (x.com) Euclid closed a $3.5 million seed round this year with participation from KuCoin Ventures, Gate Ventures, Kahuna Network, ATOM Accelerator and 0G Labs, backing the team’s cross‑L2 expansion plans.
- (asksurf.ai)) The protocol logged 18 million+ testnet transactions, roughly 350,000 monthly active users and 1M+ connected wallets before moving into a staged private mainnet rollout intended to validate production‑scale routing and liquidity consensus.
What happens next
- Euclid closed a $3.5 million seed round this year with participation from KuCoin Ventures, Gate Ventures, Kahuna Network, ATOM Accelerator and 0G Labs, backing the team’s cross‑L2 expansion plans.
- (cryptorank.io)) The protocol has already plugged into multiple ecosystems, including a Somnia Network integration that the project says links unified liquidity across 40+ chains and targets high‑throughput gaming use cases.
Quick answers
What happened in Euclid launches on Base?
Euclid Protocol launched on Base, promising unified liquidity spanning 40+ chains without bridges and immediate access to over 110M users — a move targeting smoother cross‑L2 liquidity. The announcement positions Euclid as a potential liquidity rail for L2-native DeFi activity. (x.com)
Why does Euclid launches on Base matter?
Euclid closed a $3.5 million seed round this year with participation from KuCoin Ventures, Gate Ventures, Kahuna Network, ATOM Accelerator and 0G Labs, backing the team’s cross‑L2 expansion plans. (asksurf.ai)) The protocol logged 18 million+ testnet transactions, roughly 350,000 monthly active users and 1M+ connected wallets before moving into a staged private mainnet rollout intended to validate production‑scale routing and liquidity consensus. (thedefiant.io)) Euclid’s roadmap lists three core products — Euclid Swap for omnichain trading, Euclid Launch to give token creators immediate access to shared liquidity at mint, and Planet Euclid for rewards and community missions — all slated to go live across its network phases. (cryptorank.io)) The protocol has already plugged into multiple ecosystems, including a Somnia Network integration that the project says links unified liquidity across 40+ chains and targets high‑throughput gaming use cases. (blockchainreporter.net)) Base’s developer and distribution stack grants onchain apps access to Coinbase’s ~110 million verified users and integrated fiat/on‑ramp tooling, a distribution vector Euclid can now tap for L2‑native liquidity activation. (help.coinbase.com)) Euclid’s public‑mainnet milestone is flagged as the next major deployment window in its rollout, while earlier testnet initiatives recorded passport minting and wallet metrics used to qualify early participants for future token and launch mechanics. (thedefiant.io))
