Everset Rollup
EVSTApp-specific L2
An order-book rollup built for a single perpetuals venue, with 40ms block times tuned to the matching engine rather than to general traffic.
- Private
- Ethereum
- Review in progress
- 22 days left
Allocation snapshot · fictional demo data
Allocation target
750,000USDT
Committed
58.0%
| Committed by | USDT | Of target |
|---|---|---|
| CoinBrowse Ventures | 175,000 | 23.3% |
| Investment Pool | 260,000 | 34.7% |
| Uncommitted | 315,000 | 42.0% |
| Total committed | 435,000 | 58.0% |
| Allocation target | 750,000 | 100.0% |
Pool participants
159
Time remaining
22 days left
Diligence
Review in progress
The allocation target is what CoinBrowse is seeking to secure in this round — not the amount Everset Rollup is raising in total.
Investment thesis
General-purpose L2s make poor exchanges: shared blockspace means an unrelated mint can widen spreads. Everset runs one application, sequences deterministically, and posts proofs to Ethereum. The venue it was built for already clears $70m of monthly notional on a centralised stack and has committed to migrate. Value accrues from sequencer fees, which are visible from the first block.
Principal risks
A single sequencer is operated by the team; the decentralisation plan exists but no external sequencer has ever been run.
The economics depend on one venue migrating — if that slips, there is no second tenant.
Proof costs on Ethereum are the largest line item and scale with volume rather than with revenue.
Milestones
- Testnet running the full matching engine at 40ms blocks — shipped
- Mainnet launch carrying the anchor venue's order flow — targeted Q1
- Permissionless sequencer set with stake-based rotation — planned
Due diligence
Review in progressUnder review. Findings are not final.
Eleven other fictional raises are open in this prototype.
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