Share this article
Move Language Developer Movement Labs Joins AggLayer
The collaboration will enable unified liquidity across MoveVM-based layer-2 blockchains.
Updated Jul 30, 2024, 4:11 p.m. Published Jul 30, 2024, 3:00 p.m.
Make us preferred on Google
- Polygon Labs is a core developer of AggLayer, an "aggregation layer" that can create a web of different Ethereum layer 2s.
- AggLayer will serve to unify liquidity and users across MoveVM-based chains and Ethereum.
Movement Labs, a blockchain developer aiming to bring Facebook (META)'s Move Virtual Machine (MoveVM) to the Ethereum blockchain, has joined AggLayer.
The collaboration will enable unified liquidity across layer-2 blockchains written in the Move smart contract language, according to an emailed announcement on Tuesday.
STORY CONTINUES BELOW
"This integration makes Movement the first Move-based ecosystem to utilize the AggLayer, effectively bridging the gap between Move and EVM ecosystems," Movement Labs said, referring to the Ethereum Virtual Machine that allows Ethereum to run the smart contracts that underpin decentralized finance (DeFi).
Polygon Labs is a core developer of AggLayer, an "aggregation layer" that can create a web of different Ethereum layer 2s.
AggLayer will serve to unify liquidity and users across MoveVM-based chains and Ethereum, and to address concerns of liquidity being fragmented across different networks that cannot easily connect with one another.
Read More: Polygon Acquires Zero-Knowledge Cryptography Firm Toposware
CORRECTION (July 30, 16:08 UTC): Removes references to Polygon's AggLayer as it's not the sole owner.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Deus X CEO Tim Grant: We aren't replacing finance; we're integrating it
The Deus X CEO discussed his journey into digital assets, the company's infrastructure-led growth strategy, and why his Consensus Hong Kong panel promises "real talk only."
What to know:
- Tim Grant entered crypto in 2015 after early exposure to Ripple and Coinbase, drawn by blockchain’s ability to improve traditional finance rather than replace it.
- Deus X combines investing and operating to build regulated digital finance infrastructure across payments, prime services, and institutional DeFi.
- Grant will be speaking at Consensus Hong Kong in February.
Top Stories
