ディズニー採用のイーサリアムL2が12月に終了へ｜上位2チェーンに資金8割

消費者向けのイーサリアム・レイヤー2であるアブストラクト（Abstract）は、2026年12月15日に運用を終了します。40万人超のユーザーと144のアプリを抱え、ディズニーやレッドブル・レーシングなどのブランドも獲得していましたが、成長の停滞、流動性の薄さ、DeFi活動の制約、機関投資家の参入の乏しさを理由に挙げました。

Abstract is winding down.

Starting today, all of @IglooInc's focus will go towards taking Pudgy Penguins, Pudgy NFTs, and $PENGU to the next level.

When we acquired Frame in the summer of 2024, the vision was to build the blockchain for consumer crypto. Pudgy Penguins had shown us what it meant to reach the masses, and we believed we could bring that same approach to building a chain.

Abstract achieved a lot in a short period of time; we built the Portal and AGW, onboarded major global brands, amassed over 300 million transactions, and grew a vibrant onchain ecosystem.

The journey became stifled by the lack of a DeFi ecosystem, insufficient liquidity, minimal institutional cross-over, and prohibitively high costs that impeded growth in winning areas.

Unknown to most, Igloo, Inc. had been funding Abstract over the last 18 months.

After losing tens of millions of dollars over two years, building consumer products, assembling an all-star team, onboarding some of the biggest brands in the world, and building a community of millions, we still had not found product-market fit.

In combination with the market's reduced appetite for what we had built and not being able to find a scalable path forward, we could no longer justify taking from the Pudgy Penguins business.

Igloo, Inc. has always been a community-first company. Even after losing 8 figures, we could have launched a token or pursued an ICO.

Ultimately we decided against this. A token only works if there is something driving demand to it, and launching a token that we don’t have conviction in would have been a disservice to our community.

The entire team at Abstract has worked tirelessly with a tremendous amount of passion to make the consumer crypto vision come true. I cannot fault a single one of them for this outcome.

To the Abstract community, I want to thank all of you for sticking by our side on this long journey and for continuing to champion us. You supported us through all of the ups and downs, and I wish the result could have been different.

There will be many that will find satisfaction in seeing this shut down, and that is fine. I take a great amount of pride in having the ambition to venture into the chain business, notoriously one of the most difficult to make work, and the only regret I have is not being able to celebrate a win alongside the Abstract community.

As we wind down Abstract, our full focus shifts to making Pudgy Penguins into the global & cultural phenomenon I know it can become.

Return to Pudgy Penguins.

— Luca Netz 🐧 (@LucaNetz) October 6, 2026

運営元イグルーのルカ・ネッツCEOは、ネットワークの支援で「数千万ドル」を失ったとし、延命策としてのトークン発行は見送ったと述べています。アブストラクトは期限時点でチェーン上に残された資金はアクセスできなくなるとしています。

DefiLlamaのデータでは、アブストラクトの1日あたりアクティブアドレスは約8万件、DeFiの預かり資産（TVL）は565万ドル、1日のチェーン収益は6100ドルでした。この数字は同チェーンの閉鎖を受けて資産を移している活動も含まれるため、閉鎖発表前の実態とは乖離があることには注意が必要です。

同様の動きは相次いでいます。ブラスト（Blast）は維持費が収益を上回るとして終了を発表し、資産をイーサリアムに戻す期限を10月26日に設定しました。L2Beatによると、ロールアップ全体で保全される343億ドルのうち、ベース（Base）とアービトラム・ワン（Arbitrum One）ので約8割を占めます。

手数料の低下で安価な取引処理は差別化要因になりにくく、流動性や顧客基盤、収益力が存続を左右する局面に入っています。終了のたびに利用者には期限内の資産移動が求められ、取り残される資産やフィッシング詐欺への警戒も欠かせません。

収益の乏しい小規模チェーンが、補助の継続、移行、特化、終了のいずれを選ぶのかが問われることになります。