# Nyx Foundation Develops Eris Ethereum Layer 2

**Published:** 2026-05-14T08:40:41.000Z  
**Topic:** Ethereum  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/f9661ec0-a00e-4be0-92ed-cfa33c9415cb

Nyx Foundation starts building Eris, an Ethereum Layer 2 for AI agents, with a $30,000 ASCON competition, to enhance DeFi security, 100 teams to participate

Nyx Foundation has begun developing Eris, an Ethereum Layer 2 network specifically designed for AI agents, to improve DeFi security through continuous verification and simulation [1]. The foundation also announced the launch of ASCON, a competition for AI agents, with a total prize of $30,000, aiming to attract 100 teams to participate in the first event scheduled for Q4 2026. This move comes as DeFi protocols face increasing risks and vulnerabilities, with over $3.4 billion in crypto assets stolen in 2025 alone [1].

| At a glance | |
|---|---|
| Prize Money | $30,000 |
| Participation Goal | 100 teams |
| Launch Date | Q4 2026 |
| Eris Development | Started |

## What drove the move
The development of Eris is driven by the need for a more secure and robust DeFi infrastructure, as the current systems are vulnerable to attacks and exploits [1]. The use of AI agents in DeFi protocols has increased, but the lack of a dedicated platform for these agents has hindered their development and deployment. Eris aims to fill this gap by providing a platform for AI agents to interact and compete, enhancing the overall security and efficiency of DeFi protocols. According to Nyx Foundation, the Eris network will utilize an OpStack clone, a derivative of Optimism's open-source Layer 2 stack, to provide a secure and scalable environment for AI agents [1].

## The competitive picture
The DeFi landscape is becoming increasingly competitive, with various protocols and platforms emerging to address the security and scalability concerns [2]. RISE, an Ethereum Layer-2 network, has also announced its plans to build a global on-chain market, highlighting the growing demand for more secure and efficient DeFi infrastructure [2]. The development of Eris and the launch of ASCON demonstrate Nyx Foundation's commitment to enhancing DeFi security and promoting the development of AI agents in the industry.

## What to watch
* The launch of ASCON in Q4 2026 and the participation of 100 teams in the competition
* The development of Eris and its ability to provide a secure and scalable environment for AI agents
* The impact of Eris and ASCON on the DeFi industry, particularly in terms of security and efficiency

The development of Eris and the launch of ASCON mark a significant step towards enhancing DeFi security and promoting the development of AI agents in the industry. As the DeFi landscape continues to evolve, it is crucial to monitor the progress of Eris and ASCON, as well as the overall competitiveness of the industry. The success of these initiatives will depend on their ability to provide a secure, scalable, and efficient environment for AI agents, ultimately contributing to the growth and maturity of the DeFi sector.

## Sources
1. Prtimes — [Nyx Foundation、AIエージェント専用Ethereum Layer 2「Eris」の開発を開始。DeFiセキュリティの公共財化へ | 一般社団法人 Nyx Foundationのプレスリリース](https://prtimes.jp/main/html/rd/p/000000012.000170100.html)
2. CoinDesk — [Ethereum Layer-2 RISE Unveils RISEx and MarketCore to Build Global On-Chain Markets](https://www.coindesk.com/tech/2025/11/12/ethereum-layer-2-rise-unveils-risex-and-marketcore-to-build-global-on-chain-markets)
3. News — [Nyx Foundation、AIエージェント専用Ethereum Layer 2「Eris」の開発を開始。DeFiセキュリティの公共財化へ｜Infoseekニュース](https://news.infoseek.co.jp/article/prtimes_000000012_000170100/)

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Cite as: TrendWatcher, "Nyx Foundation Develops Eris Ethereum Layer 2", https://www.trendwatcher.in/article/f9661ec0-a00e-4be0-92ed-cfa33c9415cb