arXiv · 2607.16052
Gasp: A DeFi Application Specic Rollup as a Consolidation Layer for All Assets
Abstract
Gasp is a decentralized exchange designed as an application-specific Layer 2 (L2) rollup with omnichain connectivity, leveraging EigenLayer's restaked ETH for computation correctness and finalization. With a goal of being a consolidation layer for all crypto assets, the Gasp platform employs optimistic rollup technology to facilitate gas-free, native cross-chain swaps without reliance on traditional bridges, ensuring tokens retain their original L1 grade security. By combining an app-chain architecture with escape hatch mechanisms, Gasp guarantees withdrawal, while MEV minimization through Themis architecture reduces value extraction risks. Gasp's proof-of-liquidity framework unlocks staked liquidity, enhancing capital efficiency and liquidity depth by integrating staking with liquidity provisioning. Additionally, the protocol introduces a time-based reward mechanism, incentivizing long-term liquidity commitment via an asymptotic reward curve. This paper examines the current challenges in cross-chain communication, delineates Gasp's architectural innovations and security guarantees, and examines novel approaches to optimizing DeFi ecosystems.
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Stanislav Vozarik, Mateusz Nowakowski, Shoeb Siddiqui, Elliot Hill, Gleb Urvanov, Peter Kris. 2026-07-17. Gasp: A DeFi Application Specic Rollup as a Consolidation Layer for All Assets. https://arxiv.org/abs/2607.16052
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