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On September 10, a16z crypto announced the release of the new version of its open-source zero-knowledge virtual machine, Lattice Jolt. This new version switches the underlying cryptography from elliptic curves to lattice-based cryptography, enabling the system to be quantum-resistant, and increases the speed of both the prover and verifier by 2 to 3 times. The proof size is currently under 100KB, which a16z crypto claims is the smallest proof in post-quantum zkVMs. Lattice Jolt employs a novel polynomial commitment scheme called Akita, based on the Module-SIS hardness assumption, with a target security level of 128 bits. Akita was developed by the LayerZero research and engineering team in collaboration with Carnegie Mellon University, the University of Southern California, and the a16z crypto team. In terms of performance, Lattice Jolt can prove over 2 million RISC-V cycles per second using a CPU on the same device; with GPU acceleration via Apple Metal, it can exceed 10 million cycles on a MacBook. The memory usage of its prover has also been reduced from approximately 300 bytes per cycle to 200 bytes, enabling the proof of millions of computation cycles on mobile devices. The project will also incorporate zero-knowledge features through subsequent papers.

On September 10, a16z crypto announced the release of the new open-source zero-knowledge virtual machine version, Lattice Jolt. This new version switches the underlying cryptography from elliptic curves to lattice-based cryptography, enabling the system to be quantum-resistant and increasing the prover and verifier speeds by 2 to 3 times. The proof size is currently under 100KB, which a16z crypto claims is the smallest proof in post-quantum zkVMs. Lattice Jolt utilizes a novel polynomial commitment scheme called Akita, based on the Module-SIS hard assumption, with a target security level of 128 bits. Akita was developed by the LayerZero research and engineering team in collaboration with Carnegie Mellon University, the University of Southern California, and the a16z crypto team. In terms of performance, Lattice Jolt can prove over 2 million RISC-V cycles per second using a CPU on the same device; with GPU acceleration via Apple Metal, it can exceed 10 million cycles on a MacBook. The memory usage of its prover has also been reduced from approximately 300 bytes per cycle to 200 bytes, enabling proof of millions of computation cycles on mobile devices. The project will also incorporate zero-knowledge features through subsequent papers.

On September 10, the Hyperliquid Policy Center (HPC) submitted an amicus brief urging the U.S. District Court for the District of Columbia to dismiss the lawsuit filed by CME against the CFTC. The brief was submitted by Elizabeth Prelogar, former U.S. Deputy Solicitor General from Cooley LLP. In May of this year, the CFTC approved Kalshi to launch Bitcoin perpetual contracts as futures products on regulated trading platforms in the U.S. and confirmed that other U.S. derivatives exchanges could also introduce similar digital asset contracts. CME subsequently filed a lawsuit seeking to overturn this decision. HPC argues that CME cannot demonstrate that the CFTC's decision has caused it actual harm, and therefore lacks the standing required under Article III of the Constitution. Additionally, the Commodity Exchange Act aims to promote responsible innovation and fair competition among exchanges, and CME's attempt to prevent competitors from launching new products is not protected under this law. HPC stated that the outcome of this case could also impact the entry of perpetual contracts and on-chain markets like Hyperliquid into the U.S. regulatory framework.