Vijay Chetty, CEO of Eclipse Labs, on Combining Solana’s Speed With Ethereum’s Liquidity and Ethereum’s First SVM L2 | Ep. 412

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https://www.youtube.com/watch?v=priMOomNZE4&ab_channel=CryptonewsSpotlightVijay Chetty, CEO of Eclipse Labs, joined the Cryptonews Spotlight Podcast to discuss Eclipse’s mission to bridge Solana’s high-speed architecture with Ethereum’s liquidity, the problem of liquidity fragmentation, and how developers and traders can benefit from Eclipse’s scalable and cost-efficient network.

With a background in Uniswap and dYdX, Vijay brings deep insights into DeFi, capital markets, and blockchain scaling solutions.

Eclipse: Best of Solana and Ethereum Combined

“Eclipse, in a nutshell, is Solana on Ethereum. You get the speed and performance of Solana with the liquidity and network effects of Ethereum,” explains Vijay.

Eclipse is Ethereum’s first SVM (Solana Virtual Machine) Layer-2, allowing developers to deploy Rust-based Solana applications while tapping into Ethereum’s liquidity and security.

Solving Liquidity Fragmentation in DeFi

“As liquidity spreads across multiple chains, it just becomes an absolute shit show. Eclipse is providing a solution to unify fragmented capital,” says Vijay.

Liquidity fragmentation is one of the biggest inefficiencies in DeFi, as capital gets spread across multiple chains and ecosystems. Eclipse helps by providing a unified execution environment that connects liquidity pools across Solana and Ethereum.

Eclipse’s Mainnet Surpassed 1.5 Billion Transactions in 2 Months

“Since launching mainnet on November 7, Eclipse has been averaging 100M-150M daily transactions. The demand has been insane.”

The rapid adoption of Eclipse highlights its scalability and strong developer interest, proving that its hybrid Solana-Ethereum approach is effective.

Why Developers Are Choosing Eclipse

“If you know how to build on Solana, you can deploy to Eclipse with almost no changes—just switch the RPC,” explains Vijay.

Eclipse allows Solana developers to seamlessly deploy their apps while accessing Ethereum’s vast asset base. For Ethereum developers, Eclipse offers a Rust-based, high-throughput alternative.

How Eclipse Enables High-Throughput, Low-Cost Transactions

“Eclipse has done 4 billion transactions at a total cost of 250 ETH—proving that you can run major applications at scale for a fraction of the cost.”

By leveraging Solana’s high-performance execution model, Eclipse provides a cheaper and faster alternative for DeFi, gaming, and high-frequency trading applications, says Vijay.

Eclipse’s Role in DeFi and Capital Markets

“DeFi is the foundation of everything in crypto. Whether it’s trading, gaming, or social applications, you need liquidity and deep markets.”

Eclipse is becoming a hub for cross-chain trading, lending, and derivatives markets, giving traders access to Solana’s speed and Ethereum’s deep liquidity.

The First Unified Restaking Token (URT)

“We launched the first unified restaking token, which aggregates yield from multiple LRTs to maximize staking rewards,” claims Vijay.

Eclipse’s URT (Unified Restaking Token) aggregates yield from various liquid restaking tokens (LRTs), allowing users to earn optimal rewards while maintaining flexibility.

Why Institutional Traders Are Paying Attention to Eclipse

“The degens are always the early adopters, but we’re also seeing large institutional players interested in Eclipse’s liquidity advantages,” Vijay claims.

Eclipse is attracting not only retail traders but also institutional capital, thanks to its cost-efficient infrastructure and new arbitrage opportunities.

The Future of Cross-Chain Arbitrage

“Options and derivatives markets on Ethereum can now incorporate SVM-based dApps, providing faster execution and reduced slippage.”

Eclipse enables high-speed arbitrage between Solana and Ethereum, reducing execution costs and slippage for traders.

How Eclipse is Fixing Ethereum’s Scaling Issues

“Ethereum’s scalability challenges are well-known. Eclipse offers an L2 solution that maintains Ethereum’s security while drastically improving speed and cost efficiency,” says Vijay.

By combining Ethereum’s security with Solana’s throughput, Eclipse provides a viable scaling solution without compromising decentralization.

The Role of Eclipse in the Gaming and Consumer dApp Explosion

“We’re seeing incredible interest in financialized games and consumer apps launching on Eclipse right now.”

Gaming and consumer applications require fast, cheap transactions, making Eclipse an attractive platform for Web3 developers.

Turbo Tap: Showcasing Eclipse’s High-Speed Capabilities

“Turbo Tap is a tapping game on Eclipse that has been exploding in popularity, proving just how scalable the network is.”

Eclipse is already hosting high-frequency applications, demonstrating real-world scalability in gaming and DeFi.

The Importance of Composability in Blockchain

“Crypto was built on the idea of composability—where different apps and assets work together. We’re making that a reality across Solana and Ethereum,” highlights Vijay.

Eclipse’s cross-chain compatibility ensures that developers and traders can move assets efficiently between Ethereum and Solana ecosystems.

What’s Next for Eclipse?

“We’re rolling out new technical developments, ecosystem partnerships, and developer support to make Eclipse the go-to platform for scalable Web3 applications.”

Eclipse is continuing to expand its ecosystem, onboard developers, and optimize its network for large-scale adoption.