ES

Eclipse

$0.1084
4.37%
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ESESGnBAskb2SQjrLgpTjtgatz4hEugUsYV7XrWU1idV3oqW2025-06-16
ESSPLSOLBqPqrrQuoQXFGGEAEMnPmDgZ6RWQCajWnY3V6Yp4DZWP2025-06-18
Eclipse is a modular Ethereum Layer 2 blockchain designed to deliver high computational throughput by combining Ethereum's settlement and security with the execution efficiency of the Solana Virtual Machine (SVM) and scalable data availability via Celestia. It supports decentralised applications requiring low latency and parallel processing, such as AI agents, real-time games, and high-frequency DeFi. Eclipse uses a permissioned sequencer model and plans to implement fraud proofs using RISC Zero. The native token, ES, serves multiple roles within the protocol: it functions as a gas token, enables decentralised governance, allows staking for MEV redistribution, and may be used to post bonds in fraud proof challenges. These functions are subject to governance approval and future protocol upgrades. Eclipse was founded by Neel Somani, who led the design of its modular architecture, and is currently led by CEO Vijay Chetty, who brings experience from Uniswap, dYdX, Ripple, and BlackRock.

Eclipse is a high-performance Ethereum Layer 2 (L2) blockchain designed to combine Ethereum's security and liquidity with the execution speed of the Solana Virtual Machine (SVM). It is built as an optimistic rollup using Ethereum for settlement, Celestia for scalable data availability, and RISC Zero for fraud proofs.

Eclipse aims to support compute-intensive applications such as artificial intelligence, real-time gaming, decentralised infrastructure (DePIN), and high-frequency DeFi. Its infrastructure includes permissioned sequencers, fraud-proof architecture, and a modular system that enables dynamic scaling and application-specific optimisations.

The network separates execution, proving, and data availability to achieve scalability, with Ethereum providing finality and asset security. Eclipse uses GSVM, a hardware-aware SVM client designed to scale horizontally with modern compute environments.

The Eclipse (ES) token is the native utility and governance asset for the Eclipse protocol. It has been deployed across multiple chains and serves the following primary functions:

  • Gas Token: ES can be used to pay for transaction fees on the Eclipse chain via a native paymaster system.

  • Governance: Token holders can participate in governance to influence protocol parameters such as fee structures, upgrade paths, and application-specific rules (e.g., custom sequencing logic).

  • Staking and MEV Participation: ES holders may stake to specific applications to receive a portion of native emissions and MEV redistribution, subject to governance decisions.

  • Fraud Proof Incentives: ES may be used as a bond in fraud proof challenge systems. Participants who successfully dispute invalid transactions may be rewarded in ES.

  • Economic Alignment: Future mechanisms governed by token holders may introduce forms of native yield or bonding, aligning incentives across users, applications, and infrastructure operators.

  • Neel Somani:

    • Founder of Eclipse Labs and original architect of the Eclipse protocol.
    • Holds degrees in Mathematics, Computer Science, and Business from UC Berkeley.
    • Former quantitative researcher at Citadel and software engineer at Airbnb.
    • Has raised over $65 million for Eclipse and is also an advisor and investor in high-growth tech startups.
  • Vijay Chetty:

    • CEO of Eclipse Labs since May 2024, previously Chief Growth Officer and Chief Business Officer at the company.
    • Former Head of Business Development at Uniswap Labs and dYdX.
    • Held strategic roles at Ripple and began his career in investment management at BlackRock.