Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
So Vitalik just went off on the layer-2 ecosystem and honestly, he's got a point. The main complaint? Too many projects are basically running the copypasta playbook - spinning up yet another EVM chain with an optimistic bridge and calling it innovation. He's comparing it to how everyone in crypto just forks Compound governance instead of actually experimenting.
The core issue Vitalik's highlighting is that we've optimized for comfort over creativity. Ethereum itself is scaling now, fees are dropping, and base-layer throughput keeps improving. So the whole "we're cheaper than Ethereum" justification for rollups is getting weaker by the day. When you can get more blockspace from Ethereum itself in the near future, why do we need endless copypasta L2 chains that are essentially just standalone networks pretending to be connected to Ethereum?
What really got under his skin is how some projects market themselves as deeply integrated with Ethereum while actually functioning as independent networks. Having a bridge doesn't make you part of Ethereum's architecture. Vitalik put it simply: vibes need to match substance. If you're marketing yourself as Ethereum-aligned but you're really just another chain with a connection, that's the problem.
He wasn't completely dismissive though. Vitalik outlined two models that actually make sense to him. First, tightly integrated app-specific systems where Ethereum handles settlement, accounts, or verification while execution happens elsewhere. Second, institutional or application-driven chains that publish cryptographic proofs or state commitments back to Ethereum. These aren't Ethereum, but they're not pretending to be either, and they actually serve a purpose.
The ecosystem reacted quickly. Arbitrum's leadership said they should be seen as a close ally of Ethereum, not Ethereum itself. Base pushed back by arguing rollups need to offer more than just cheaper fees now. Polygon and others framed it as a call for clearer positioning rather than an existential threat.
The real takeaway? The copypasta era might actually be ending. As Ethereum scales and fees stay reasonable, the weak justifications for most L2s are fading fast. Projects that can't articulate why they exist beyond being cheaper are going to face some hard questions. The ones that survive will be the ones actually building something differentiated, not just copying the template.
BTC sitting at 72.91K right now, and the broader market sentiment seems to be shifting toward quality over quantity. Same logic applies to the L2 space - we're past the point where launching another chain is enough.