0xshaadabEclipse: Balancing Vision and Execution in the Race for Modular Blockchain Dominance
The rise of modular blockchains has ushered in a new era of scalability and customization in Web3. Among the many contenders in this evolving landscape, Eclipse stands out, not just for its tech stack, but for its bold approach to community engagement and long-term narrative building. But while the project's social momentum is undeniable, its real test lies in how well it can deliver on its promise to developers and investors alike.The Power of Eclipse’s Hype EngineEclipse has done something ...
0xshaadabReal World Assets: The Next Big Thing in Crypto?
0xshaadabEclipse and Celestia: Redefining Data Availability for High-Throughput Blockchains
Layer 2 (L2) networks like Eclipse rely on robust data availability (DA) mechanisms to ensure users can reconstruct and verify the chain’s state. While Ethereum’s EIP-4844 simplifies DA proofs for rollups, Eclipse’s use of Celestia as its DA layer introduces unique challenges and innovations. This article explores how Eclipse leverages Celestia’s Blobstream and cutting-edge cryptography to achieve scalability without compromising security.
BITZ is the first Enhanced Proof-of-Work (ePOW) commodity token on the Eclipse blockchain. It launched in April 2025 with a capped supply of 5,000,000 BITZ. Mining is done by running Eclipse nodes (no pre-mine), and staking BITZ boosts mining rewards (each 1 BITZ staked yields ~0.1 BITZ per day). As a result, a large majority of mined BITZ has been locked up by miners for staking.
Total BITZ Mined (Circulating Supply): Approximately 60,000 BITZ mined so far (about 1.2% of the 5 M cap). This figure stood around 40k BITZ in late May and has risen to roughly 60k by early June 2025, reflecting rapid ongoing mining.
Total BITZ Staked: Around 80% of all mined BITZ (≈48,000 tokens) are currently staked to earn ePOW rewards. In fact, essentially the entire circulating supply has been staked by the community, leaving very little free float in the market.
These dynamics indicate a high participation in BITZ staking, virtually all new BITZ are immediately being staked to compound mining yields. This contributes to scarcity in circulation. (For context, one community report in May noted “people have staked the entire supply” when only ~40k BITZ had been mined.) The heavy staking helps explain BITZ’s price growth and low liquidity in early 2025, since only a small portion is available on the market. Below is a summary of current BITZ token stats:
BITZ Metric | Value (June 2025) |
|---|---|
Total BITZ mined | ~60,000 BITZ (≈1.2% of max supply) |
Total BITZ staked | ~48,000 BITZ (≈80% of circulating) |
Note: The BITZ supply is continually growing as more tokens are mined each day. The staking ratio (~80%) has remained very high, so we can expect the vast majority of BITZ to stay locked in staking contracts for the foreseeable future.
Transaction Volume & Throughput: The Eclipse L2 blockchain has exhibited extremely high throughput, especially during early 2025. At peak, Eclipse handled on the order of 200–250 million transactions per day, a volume that vastly exceeds that of most other chains. For example, around January 2025 Eclipse was processing ~250M daily transactions, meaning it amassed in two days as many transactions as Optimism had in its entire lifetime (~450M). This was driven in part by on-chain gaming and incentive programs (like the Turbo Tap on-chain game) that stress-tested the network with enormous loads.
However, after these high-intensity programs concluded (Turbo Tap wound down in April 2025), the daily transaction count normalized to more sustainable levels. In late April, Eclipse still averaged roughly 6 million transactions per day, indicating strong organic usage even without the extra load. Millions of daily transactions is still orders of magnitude higher than typical Layer-2 networks.
To date, Eclipse’s cumulative transaction count has grown exponentially. The chart below illustrates Eclipse’s total transactions over time, which climbed from ~5.7 billion at the end of January 2025 to over 17 billion by late March 2025. (By early June 2025, the total has likely surpassed 20 billion transactions, given continued activity.)
Figure: Cumulative number of transactions on Eclipse mainnet, showing rapid growth from ~5.7 B in Jan 2025 to ~17 B by late Mar 2025. Eclipse crossed the 10 B transactions milestone in mid-February and has continued climbing steeply (trend line extrapolated to ~20 B by June 2025).
As of the latest data in June 2025, key transaction metrics include:
Daily Transaction Count (current): ~6–10 million transactions per day on average (post-Turbo Tap period). This is the organic baseline seen in May–June 2025, driven by regular DApp usage, BITZ mining transactions, DeFi activity, etc. Notably, the BITZ ePOW mining introduced in April has contributed significant on-chain activity ,on launch day it generated ~1.74 million “eMining” transactions within 19 hours – though this is still a fraction of Eclipse’s capacity.
Weekly Transaction Volume: On the order of ~40–70 million transactions per week in recent months (given 6–10M daily). During peak periods in Jan–Mar 2025, weekly volumes were far higher – over 1 billion transactions per week at ~150M+ daily. The current weekly volume reflects sustained high use even after the early spikes.
Total Number of Transactions: Over 17 billion total transactions had been processed on Eclipse by March 28, 2025. This was up from 10B just a month prior (Feb 2025), highlighting the breakneck growth. By now (June 2025) the total is undoubtedly 20+ billion. In a January AMA, the team noted Eclipse’s daily throughput was 4× higher than Optimism’s at that time, and that growth trajectory has continued unabated. Such volume firmly establishes Eclipse as one of the most heavily-used blockchain networks.
Noticeable Trends: The transaction activity on Eclipse shows a boom-and-normalize pattern. Early 2025 saw explosive growth due to on-chain games (Turbo Tap, etc.) and farming incentives that drove transaction counts to unprecedented highs. This tested the network’s scalability (Eclipse recorded peaks over 8,600 TPS and sustained ~1,900 TPS over 24h at one point). Following these events, activity leveled off to a high baseline (millions per day) rather than hundreds of millions. This suggests that a core user base remained active after the initial rush, and Eclipse retained significant usage even without “spam” or promotional transactions. In effect, the chain successfully scaled to handle surges and then transitioned to steady growth.
Another trend is the diversification of activity: Eclipse’s transaction flow is not only from one app, but spans DEX trading, gaming, mining, NFTs, etc. For instance, the Orca DEX on Eclipse saw 1M+ trades in its first 2 months, contributing to volume. Cumulative DEX volume on Eclipse surpassed $9.11 B by Q1 2025. Meanwhile, user adoption kept pace – over 1 million unique wallets had performed transactions by March. All these indicators show robust and rising on-chain activity. The Eclipse team continues to roll out optimizations (like the upcoming GigaCompute/GSVM upgrade) to further scale throughput, anticipating even larger volumes ahead.
tUSD is a yield-bearing USD stablecoin introduced exclusively on Eclipse in late May 2025. It is minted by depositing USDC/USDT via the Nucleus Money Market, and is backed by real-world U.S. Treasury bills to generate yield for holders. In essence, holding tUSD gives Eclipse users on-chain access to T-bill interest. The token soft-launched on Eclipse with considerable demand:
Total tUSD Minted: ~$500,000 USD worth of tUSD has been minted so far (within the first week or so of launch). Over $200k was minted in the first 12 hours alone, reflecting strong initial uptake by users seeking yield. This number continues to grow as more users deposit funds to mint tUSD.
Circulating Supply: ~$500k tUSD in circulation, essentially equal to the total minted (since tUSD is 100% collateralized, every minted token is backed and in circulation). There have been no reports of significant redemptions/burns yet, so circulating supply ≈ total supply. This is a small supply in absolute terms (launch phase), but it’s climbing steadily.
Holders: 5,600+ unique addresses hold tUSD as of early June 2025. This indicates a fairly broad distribution for a newly launched token – thousands of Eclipse users have started using tUSD to earn yield on their dollars. We can expect holder count and supply to increase as awareness grows.
Below is a summary of the key tUSD stats:
tUSD Metric | Value (June 2025) |
|---|---|
Total tUSD Minted | ~$500,000 (USD value) |
Circulating Supply | ~$500,000 tUSD (100% of minted) |
Holders | 5,600+ addresses |
tUSD Adoption and Context: The introduction of tUSD on Eclipse provides a native stablecoin for the ecosystem, with an added benefit of yield from Treasuries. The Eclipse team announced that tUSD users “earn yield from real-world US Treasury Bills” – effectively bringing a TradFi yield source on-chain. In just half a day after launch, over $200k tUSD was minted (demonstrating immediate interest), and within a short period the supply grew to $500k+. This is a positive sign for Eclipse’s DeFi landscape: users are willing to mint and hold tUSD, presumably to park idle funds in a productive stable asset.
It’s worth noting that tUSD’s current scale is modest, but it’s early days. The circulating amount (~$0.5M) is small relative to major stablecoins, yet it’s growing fast. The number of holders (5k+) shows that many individuals are experimenting with it, likely attracted by yields higher than standard stablecoins (thanks to T-bill returns channeled via Nucleus). Over time, as more liquidity pools and integrations for tUSD develop on Eclipse, these numbers (minted amount and holders) could increase substantially. The Eclipse foundation has incentivized liquidity for tUSD – for example, liquidity providers were offered reward boosts in Eclipse’s points program – which should further drive up the circulating supply.
Overall, tUSD provides a stablecoin native to Eclipse with a unique yield feature. Its rapid minting in the first days (hundreds of thousands of USD) and the participation of thousands of holders signal a promising start. We will likely see tUSD become a cornerstone of Eclipse’s DeFi ecosystem as it matures, complementing the high-throughput, low-fee environment of the Eclipse blockchain.
Sources:
The statistics above were obtained from Eclipse’s official explorer dashboards and community analytics.
Key figures for transactions and usage were reported via Eclipse’s own updates and third-party analyses (e.g. Flipside Crypto dashboards and Eclipse’s bi-weekly newsletters).
BITZ token data comes from Eclipse community reports and the BITZ team’s announcements on X (Twitter).
tUSD metrics were confirmed by Eclipse’s official social media update and early user reports.
All data is current as of June 2025, reflecting the latest available updates on the Eclipse network’s performance and token statistics.
References:
https://mirror.xyz/eclipsefnd.eth
https://instalker.org/lipwindub#:~:text=Bitz%20%40bitzcto%20%20%20,9
https://www.binance.com/en/square/post/24520542369850
https://flipsidecrypto.xyz/eclipse
https://x.com/EclipseFND
https://x.com/EclipseFND/status/1785378098930788536
https://x.com/EclipseFND/status/1786430432339691921
https://x.com/EclipseFND/status/1795867324398768434
BITZ is the first Enhanced Proof-of-Work (ePOW) commodity token on the Eclipse blockchain. It launched in April 2025 with a capped supply of 5,000,000 BITZ. Mining is done by running Eclipse nodes (no pre-mine), and staking BITZ boosts mining rewards (each 1 BITZ staked yields ~0.1 BITZ per day). As a result, a large majority of mined BITZ has been locked up by miners for staking.
Total BITZ Mined (Circulating Supply): Approximately 60,000 BITZ mined so far (about 1.2% of the 5 M cap). This figure stood around 40k BITZ in late May and has risen to roughly 60k by early June 2025, reflecting rapid ongoing mining.
Total BITZ Staked: Around 80% of all mined BITZ (≈48,000 tokens) are currently staked to earn ePOW rewards. In fact, essentially the entire circulating supply has been staked by the community, leaving very little free float in the market.
These dynamics indicate a high participation in BITZ staking, virtually all new BITZ are immediately being staked to compound mining yields. This contributes to scarcity in circulation. (For context, one community report in May noted “people have staked the entire supply” when only ~40k BITZ had been mined.) The heavy staking helps explain BITZ’s price growth and low liquidity in early 2025, since only a small portion is available on the market. Below is a summary of current BITZ token stats:
BITZ Metric | Value (June 2025) |
|---|---|
Total BITZ mined | ~60,000 BITZ (≈1.2% of max supply) |
Total BITZ staked | ~48,000 BITZ (≈80% of circulating) |
Note: The BITZ supply is continually growing as more tokens are mined each day. The staking ratio (~80%) has remained very high, so we can expect the vast majority of BITZ to stay locked in staking contracts for the foreseeable future.
Transaction Volume & Throughput: The Eclipse L2 blockchain has exhibited extremely high throughput, especially during early 2025. At peak, Eclipse handled on the order of 200–250 million transactions per day, a volume that vastly exceeds that of most other chains. For example, around January 2025 Eclipse was processing ~250M daily transactions, meaning it amassed in two days as many transactions as Optimism had in its entire lifetime (~450M). This was driven in part by on-chain gaming and incentive programs (like the Turbo Tap on-chain game) that stress-tested the network with enormous loads.
However, after these high-intensity programs concluded (Turbo Tap wound down in April 2025), the daily transaction count normalized to more sustainable levels. In late April, Eclipse still averaged roughly 6 million transactions per day, indicating strong organic usage even without the extra load. Millions of daily transactions is still orders of magnitude higher than typical Layer-2 networks.
To date, Eclipse’s cumulative transaction count has grown exponentially. The chart below illustrates Eclipse’s total transactions over time, which climbed from ~5.7 billion at the end of January 2025 to over 17 billion by late March 2025. (By early June 2025, the total has likely surpassed 20 billion transactions, given continued activity.)
Figure: Cumulative number of transactions on Eclipse mainnet, showing rapid growth from ~5.7 B in Jan 2025 to ~17 B by late Mar 2025. Eclipse crossed the 10 B transactions milestone in mid-February and has continued climbing steeply (trend line extrapolated to ~20 B by June 2025).
As of the latest data in June 2025, key transaction metrics include:
Daily Transaction Count (current): ~6–10 million transactions per day on average (post-Turbo Tap period). This is the organic baseline seen in May–June 2025, driven by regular DApp usage, BITZ mining transactions, DeFi activity, etc. Notably, the BITZ ePOW mining introduced in April has contributed significant on-chain activity ,on launch day it generated ~1.74 million “eMining” transactions within 19 hours – though this is still a fraction of Eclipse’s capacity.
Weekly Transaction Volume: On the order of ~40–70 million transactions per week in recent months (given 6–10M daily). During peak periods in Jan–Mar 2025, weekly volumes were far higher – over 1 billion transactions per week at ~150M+ daily. The current weekly volume reflects sustained high use even after the early spikes.
Total Number of Transactions: Over 17 billion total transactions had been processed on Eclipse by March 28, 2025. This was up from 10B just a month prior (Feb 2025), highlighting the breakneck growth. By now (June 2025) the total is undoubtedly 20+ billion. In a January AMA, the team noted Eclipse’s daily throughput was 4× higher than Optimism’s at that time, and that growth trajectory has continued unabated. Such volume firmly establishes Eclipse as one of the most heavily-used blockchain networks.
Noticeable Trends: The transaction activity on Eclipse shows a boom-and-normalize pattern. Early 2025 saw explosive growth due to on-chain games (Turbo Tap, etc.) and farming incentives that drove transaction counts to unprecedented highs. This tested the network’s scalability (Eclipse recorded peaks over 8,600 TPS and sustained ~1,900 TPS over 24h at one point). Following these events, activity leveled off to a high baseline (millions per day) rather than hundreds of millions. This suggests that a core user base remained active after the initial rush, and Eclipse retained significant usage even without “spam” or promotional transactions. In effect, the chain successfully scaled to handle surges and then transitioned to steady growth.
Another trend is the diversification of activity: Eclipse’s transaction flow is not only from one app, but spans DEX trading, gaming, mining, NFTs, etc. For instance, the Orca DEX on Eclipse saw 1M+ trades in its first 2 months, contributing to volume. Cumulative DEX volume on Eclipse surpassed $9.11 B by Q1 2025. Meanwhile, user adoption kept pace – over 1 million unique wallets had performed transactions by March. All these indicators show robust and rising on-chain activity. The Eclipse team continues to roll out optimizations (like the upcoming GigaCompute/GSVM upgrade) to further scale throughput, anticipating even larger volumes ahead.
tUSD is a yield-bearing USD stablecoin introduced exclusively on Eclipse in late May 2025. It is minted by depositing USDC/USDT via the Nucleus Money Market, and is backed by real-world U.S. Treasury bills to generate yield for holders. In essence, holding tUSD gives Eclipse users on-chain access to T-bill interest. The token soft-launched on Eclipse with considerable demand:
Total tUSD Minted: ~$500,000 USD worth of tUSD has been minted so far (within the first week or so of launch). Over $200k was minted in the first 12 hours alone, reflecting strong initial uptake by users seeking yield. This number continues to grow as more users deposit funds to mint tUSD.
Circulating Supply: ~$500k tUSD in circulation, essentially equal to the total minted (since tUSD is 100% collateralized, every minted token is backed and in circulation). There have been no reports of significant redemptions/burns yet, so circulating supply ≈ total supply. This is a small supply in absolute terms (launch phase), but it’s climbing steadily.
Holders: 5,600+ unique addresses hold tUSD as of early June 2025. This indicates a fairly broad distribution for a newly launched token – thousands of Eclipse users have started using tUSD to earn yield on their dollars. We can expect holder count and supply to increase as awareness grows.
Below is a summary of the key tUSD stats:
tUSD Metric | Value (June 2025) |
|---|---|
Total tUSD Minted | ~$500,000 (USD value) |
Circulating Supply | ~$500,000 tUSD (100% of minted) |
Holders | 5,600+ addresses |
tUSD Adoption and Context: The introduction of tUSD on Eclipse provides a native stablecoin for the ecosystem, with an added benefit of yield from Treasuries. The Eclipse team announced that tUSD users “earn yield from real-world US Treasury Bills” – effectively bringing a TradFi yield source on-chain. In just half a day after launch, over $200k tUSD was minted (demonstrating immediate interest), and within a short period the supply grew to $500k+. This is a positive sign for Eclipse’s DeFi landscape: users are willing to mint and hold tUSD, presumably to park idle funds in a productive stable asset.
It’s worth noting that tUSD’s current scale is modest, but it’s early days. The circulating amount (~$0.5M) is small relative to major stablecoins, yet it’s growing fast. The number of holders (5k+) shows that many individuals are experimenting with it, likely attracted by yields higher than standard stablecoins (thanks to T-bill returns channeled via Nucleus). Over time, as more liquidity pools and integrations for tUSD develop on Eclipse, these numbers (minted amount and holders) could increase substantially. The Eclipse foundation has incentivized liquidity for tUSD – for example, liquidity providers were offered reward boosts in Eclipse’s points program – which should further drive up the circulating supply.
Overall, tUSD provides a stablecoin native to Eclipse with a unique yield feature. Its rapid minting in the first days (hundreds of thousands of USD) and the participation of thousands of holders signal a promising start. We will likely see tUSD become a cornerstone of Eclipse’s DeFi ecosystem as it matures, complementing the high-throughput, low-fee environment of the Eclipse blockchain.
Sources:
The statistics above were obtained from Eclipse’s official explorer dashboards and community analytics.
Key figures for transactions and usage were reported via Eclipse’s own updates and third-party analyses (e.g. Flipside Crypto dashboards and Eclipse’s bi-weekly newsletters).
BITZ token data comes from Eclipse community reports and the BITZ team’s announcements on X (Twitter).
tUSD metrics were confirmed by Eclipse’s official social media update and early user reports.
All data is current as of June 2025, reflecting the latest available updates on the Eclipse network’s performance and token statistics.
References:
https://mirror.xyz/eclipsefnd.eth
https://instalker.org/lipwindub#:~:text=Bitz%20%40bitzcto%20%20%20,9
https://www.binance.com/en/square/post/24520542369850
https://flipsidecrypto.xyz/eclipse
https://x.com/EclipseFND
https://x.com/EclipseFND/status/1785378098930788536
https://x.com/EclipseFND/status/1786430432339691921
https://x.com/EclipseFND/status/1795867324398768434
0xshaadabEclipse: Balancing Vision and Execution in the Race for Modular Blockchain Dominance
The rise of modular blockchains has ushered in a new era of scalability and customization in Web3. Among the many contenders in this evolving landscape, Eclipse stands out, not just for its tech stack, but for its bold approach to community engagement and long-term narrative building. But while the project's social momentum is undeniable, its real test lies in how well it can deliver on its promise to developers and investors alike.The Power of Eclipse’s Hype EngineEclipse has done something ...
0xshaadabReal World Assets: The Next Big Thing in Crypto?
0xshaadabEclipse and Celestia: Redefining Data Availability for High-Throughput Blockchains
Layer 2 (L2) networks like Eclipse rely on robust data availability (DA) mechanisms to ensure users can reconstruct and verify the chain’s state. While Ethereum’s EIP-4844 simplifies DA proofs for rollups, Eclipse’s use of Celestia as its DA layer introduces unique challenges and innovations. This article explores how Eclipse leverages Celestia’s Blobstream and cutting-edge cryptography to achieve scalability without compromising security.
Share Dialog
Share Dialog
Subscribe to 0xshaadab
Subscribe to 0xshaadab
0xshaadab
0xshaadab
<100 subscribers
<100 subscribers
No activity yet