Pheasant Network

Pheasant Network has launched their RISE campaign in partnership with RISE Chain. The initiative focuses on bridging and staking capabilities, encouraging users to participate in cross-chain activities. - Campaign accessible via Galxe platform - Features bridge and staking mechanisms - Follows successful previous Morph Bridge integration Users can participate through [Galxe's campaign portal](https://app.galxe.com/quest/pheasantnetwork/GCDA3tmhBw). Want to join? Visit the campaign page to learn about rewards and participation requirements.

Pheasant Network has announced an adjustment to their CCTP USDC bridging rates as part of their next phase development. This update follows their dual-protocol USDC bridging system launched in October: - **Pheasant Protocol**: Handles transactions under 500 USDC, optimized for speed - **CCTP Protocol**: Processes transactions over 500 USDC, with slightly longer processing times The rate adjustment aims to optimize the bridging experience and maintain system efficiency. Users can continue accumulating Pheasant Points while using these services. [View full release notes](https://docs.pheasant.network/ecosystem/release-notes#v4.5.0)

Latest weekly swap rankings show significant shifts in Layer 2 activity: - **Linea** claims first place - **Base** maintains strong position at second - **Arbitrum** secures third place - **Optimism** and **Moonbeam** round out top 5 This marks a notable change from previous weeks where Optimism and Mode dominated the rankings. The data suggests increasing adoption across multiple Layer 2 networks, with newer platforms gaining traction alongside established players. *Networks to watch: Taiko, Mantle, Scroll, and ZKSync continue showing promise.*

**Key Updates This Week:** - Integrated RISE blockchain into Pheasant Network's cross-chain infrastructure - Added new swap functions to enhance DEX capabilities - Development continues on Pheasant Points quest frontend - Created promotional banners for upcoming quest launch This follows recent expansions to networks like Metis, Worldcoin, and Lisk, showing continued growth in Pheasant's cross-chain connectivity. *Check out the latest integration at [pheasant.network/swap](https://pheasant.network/swap)*

Pheasant Network has maintained consistent weekly status reporting from February through June 2025. Key points: - Regular weekly updates provided for network performance - On-chain data available via [Dune Analytics dashboards](https://dune.com/pheasantnetwork_txs/overview) - Transaction and volume metrics tracked across supported networks *Note: Some networks remain unsupported by Dune Analytics tracking* Check the latest network metrics and historical performance data through the [volume overview dashboard](https://dune.com/pheasantnetwork_volume/overview).

Pheasant Network has expanded its cross-chain capabilities by integrating with RISE Chain (@rise_chain). Users can now bridge assets between networks through the Pheasant testnet platform. The integration follows Pheasant's recent connection with Unichain, demonstrating continued growth in their cross-chain infrastructure. - Integration live on [testnet.pheasant.network](https://testnet.pheasant.network/) - Enables seamless asset bridging with RISE Chain - Builds on previous Unichain integration from October 2024 *Try out the new RISE Chain bridge on Pheasant's testnet platform*

Taiko and Pheasant Network have launched a collaborative DeFi campaign running from April 14-28. Users can participate in two main ways: - Complete social media activities - Perform on-chain transactions via Pheasant Participants can win Taikoons, the genesis NFT collection. This follows Pheasant's integration with Taiko's ecosystem in Season 2 of Trailblazers, offering fast and cost-effective bridging solutions. Participate here: [Galxe Campaign](https://app.galxe.com/quest/pheasantnetwork/GCdkut19Yq)

Pheasant Network has completed final testing of their Pheasant Points system, a new feature designed to recognize user contributions. The program is scheduled to launch in April 2025. Key developments: - Retroactive granting of points for past transactions - Launch of in-house admin functionality - Documentation now available This follows a busy month of expansion, with Pheasant Swap now live across multiple networks including Ethereum, Sei Network, Optimism, Celo, Polygon zkEVM, Aurora, and Filecoin. [View Pheasant Points documentation](https://x.com/PheasantNetwork/status/1910767052727464243)

**March Highlights:** Pheasant Network launched their Cross-Chain Swap product, enabling direct token swaps across 30+ blockchain networks. The platform supports thousands of tokens and aims to reduce friction in cross-chain transactions. Key developments: - Announced support for ERC-7683, a new cross-chain standard for intents - Launched a new community Telegram group - Added Pectra upgrade support on testnets **Monthly Metrics:** - 1,206 transactions - $575,540 in transaction value - 218 active wallets Pheasant Points, a user contribution recognition system, completed final testing and is set to launch in April.

**Weekly Bridge Performance Report** Top 3 Rankings: - 🥇 Taiko [@taikoxyz](https://twitter.com/taikoxyz) - 🥇 Base [@base](https://twitter.com/base) - 🥇 Optimism [@Optimism](https://twitter.com/optimism) Notable mentions go to Morph [@MorphLayer](https://twitter.com/MorphLayer) and Linea [@LineaBuild](https://twitter.com/LineaBuild) for their remarkable performance last week. *Historical context: Taiko has maintained strong positioning in recent weeks, while Base and Optimism continue to show consistent performance in the top rankings.*