Fuel
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The World's Fastest Modular Execution Layer. Delivering maximum security and the highest flexible throughput.
o2 Turbo accounts go live in beta on Fuel
The o2 protocol launched o2 Turbo Accounts in beta on the Fuel network. The new offering removes the usual strings attached to leveraged trading — no evaluations, funding rate risk, or profit splits — positioning it as a "prop trading" product. The countdown-style hype line from the Fuel account highlights a simplified UX built on deleting these constraints. A thread from @o2dotapp in the announcement lays out how the accounts work.
FUEL token launches via the Fuel Genesis Drop
The FUEL token genesis airdrop opened, allocating 10% of total supply (1 billion FUEL) to over 200,000 eligible addresses, claimable through January 19, 2025.
Fuel Ignition mainnet launches
Fuel Labs launched the mainnet of its high-performance Ethereum L2 rollup, Fuel Ignition, powered by the FuelVM with parallel transaction execution and a UTXO-based model.
Fuel Labs raises $80M Series A led by Blockchain Capital and Stratos
Funding round led by Blockchain Capital and Stratos Technologies, bringing Fuel Labs' total funding to approximately $81.5 million.
Fuel Labs raises $1.5M seed round led by CoinFund
Fuel Labs announced $1.5 million in funding led by CoinFund, with participation from Fenbushi Capital and Origin Capital.
Fuel V1 launched as the first optimistic rollup on Ethereum
Fuel Labs launched Fuel V1, the first optimistic rollup to go live on Ethereum mainnet, and the first to achieve stage-2 security status.