Quick Take

• White paper for Boundless Protocol.

• Chaos Labs releases SVR dashboard.

• Tally raises an $8 million Series A.

Introducing Boundless Protocol

RISC Zero published a white paper introducing Boundless, a new protocol designed to scale zero-knowledge proof (ZKP) compute across chains. Boundless establishes an open marketplace where provers compete to fulfill ZK proof requests, with payments settled automatically upon proof verification. The protocol aims to make ZK-powered compute accessible, scalable, and trustless. Boundless enables computations to be performed by a single node and efficiently verified by all others without re-execution. Boundless streamlines ZK integration for developers through support for mainstream programming languages, simplified proof aggregation, and built-in cross-chain capabilities. The protocol also inherits security properties of the underlying chains.

Chaos Labs SVR Monitoring Dashboard

Blockchain security firm Chaos Labs launched a new Smart Value Recapture (SVR) Monitoring Platform that provides real-time analytics on Chainlink-powered SVR activity. SVR is a mechanism that allows DeFi protocols like Aave to capture surplus oracle extractable value (OEV) generated during liquidations. The dashboard breaks down Aave’s SVR profits, Chainlink’s involvement in the process, and participation from block builders. It also details the SVR recapture rate by liquidation size and collateral asset. Since integrating SVR, Aave has processed 63 SVR liquidations, generating over $10,000 in revenue for the Aave DAO.

Tally Raises $8 Million Series A

Onchain governance platform Tally has raised $8 million in a Series A funding round to expand the Tally Protocol and accelerate value accrual for protocol tokens. Widely adopted across the Ethereum ecosystem, Tally supports major projects including Arbitrum, ENS, Uniswap, zkSync, EigenLayer, and Obol. To address low voter participation, Tally launched Liquid Staked Tokens (tLSTs) last year, which enables users to earn passive rewards while retaining full governance rights.

Other News

• History of Aztec

• AIP-20: Aztec Token Standard

Disclosure: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.