Ethereum News Today: KuCoin Lists Eclipse Token With 333,333 ES Staking Rewards

KuCoin has officially listed Eclipse (ES), a token that powers a high-performance Solana Virtual Machine (SVM) Layer 2 on Ethereum. This listing is accompanied by a significant staking rewards campaign on KuCoin’s GemPool platform, featuring a total rewards pool of 333,333 ES tokens. The spot trading for the ES/USDT pair commenced on July 16 at 10:00 UTC, following a one-hour call auction from 09:00 to 10:00 UTC. This auction mechanism is designed to facilitate price discovery and ensure an orderly market entry during the initial trading window.

Eclipse’s integration into KuCoin’s GemPool staking program offers users the opportunity to earn ES tokens by staking eligible assets. The campaign, which runs from July 15 at 10:00 UTC to July 22, allows participants to stake USDT, KCS, or ES. The total rewards pool of 333,333 ES tokens will be distributed hourly based on each user’s staked ratio. Notably, the USDT pool is exclusively for newly registered KuCoin users who sign up after 16:00 UTC on July 14 and complete their KYC verification. The KCS and ES pools are open to all verified users, with separate reward caps to ensure fair distribution. Staking is flexible, allowing users to unstake at any time, although rewards will cease accumulating once assets are withdrawn from the pool.

To encourage broader participation, the GemPool program includes additional incentives such as a quiz-based bonus for users who complete all answers correctly, a referral program that allows users to double their rewards by inviting friends to stake, and tiered benefits for KuCoin VIP members and loyal KCS holders. These incentives offer bonus allocations ranging from 5% up to 100%, depending on eligibility and participation level. All rewards will be updated hourly and can be manually claimed, with unclaimed tokens and staked assets automatically returned at the end of the campaign.

Deposits for ES are already live through the Eclipse Mainnet and the Ethereum ERC-20 network, enabling users to prepare their funds in advance. Withdrawals will be activated on July 17, 2025, at 10:00 UTC, one day after trading begins, allowing the market to stabilize in terms of volume and price spread. Traders on KuCoin can utilize a full suite of trading bots once ES goes live, including automated strategies such as Smart Rebalance, DCA, and advanced AI-driven systems like Spot Grid AI Plus. These tools aim to provide real-time, automated trade execution options optimized for volatility and liquidity, catering to both retail and institutional traders.

Eclipse is a Layer 2 protocol designed to bring Solana’s speed and execution model to Ethereum’s ecosystem. Operating as a general-purpose SVM chain on Ethereum, Eclipse offers high throughput, localized fee markets, and a novel mechanism for redirecting MEV back to decentralized applications. This model enhances the performance and economics of building on-chain applications, making Eclipse a powerful platform for scalable DeFi, gaming, and infrastructure use cases. The integration of Solana’s technical advantages with Ethereum’s liquidity and security provides developers with the flexibility to build without compromise. Eclipse’s composable architecture and application-level incentives introduce an alternative to existing Layer 2s that struggle to balance scalability, decentralization, and developer incentives.

KuCoin’s listing of Eclipse underscores its commitment to promoting next-generation technologies that align with the demands of the Web3 stack. This move not only expands the exchange’s offerings but also supports the broader ecosystem by providing a platform for innovative projects to thrive. The staking rewards campaign and the comprehensive trading tools available on KuCoin further enhance the user experience, making it an attractive option for both new and experienced traders.