what's OP Labs?
OP Labs is a blockchain software development company dedicated to scaling Ethereum's technology and values through the Optimism protocol. It develops the OP Stack, a modular framework for building customizable Layer 2 blockchains with Ethereum-equivalent security, enabling high-performance applications and networks like Base and others. The company focuses on innovations such as fault proofs, which enhance security by allowing on-chain verification of computation disputes without full execution replication. OP Labs contributes to public goods in the Ethereum ecosystem, emphasizing decentralization, open-source design, and global coordination to support the growth of scalable blockchain infrastructure.
OP Labs cut hundreds of jobs recently amid industry-wide cost reduction measures.
Cut hundreds of jobs in recent weeks as part of industry-wide cost reduction measures.
Transferred full ownership of OP-Reth specific crates from shared development with Paradigm to direct stewardship under OP Labs.
Appointed Fadi Gebara as SVP of Engineering, who will lead engineering efforts advancing the Optimism protocol.
OP Labs hires Daniel as new VP of Partnerships, bringing experience from Remitly, Meta, Intuit, Plaid, and Mastercard to scale real-world onchain applications.
Returns CEO, unifies GTM and Engineering teams, opens new NYC office (relocating from Mexico City), and laid off 20 employees (20% of staff). OP Stack processes over 500M transactions monthly.
Engineer schedules Twitter Space for October 28th to explain EIP-7702 integration bringing smart account logic to EOAs on Superchain.
Long-term team member announces departure from core protocol development role after 3-year tenure.
New initiative launches to index and decode Account Abstraction data on Superchain, improving data accessibility.