optimism10
$op
MCAP699.84M
+15.74%

what's optimism?

Optimism is a leading Layer 2 scaling solution for Ethereum, utilizing optimistic rollups to enable faster and cheaper transactions while inheriting Ethereum's security. It powers the OP Stack, an open-source framework for building customizable Layer 2 chains that form the interconnected Superchain ecosystem, which currently handles over 50% of Ethereum L2 activity and secures billions in TVL across chains like Base and Unichain. The project's native OP token supports governance within the Optimism Collective, incentivizes public goods through Retro Funding, and facilitates revenue sharing among participants. Key features include seamless interoperability between chains, fault proofs for decentralization, and ongoing upgrades like the U16A infrastructure enhancement to improve performance and cross-chain transfers. Optimism emphasizes collaborative development, with integrations in DeFi protocols such as Synthetix for token rewards and partnerships with entities like Kraken and Gelato to enhance high-throughput infrastructure.

Snapshot

Optimism's daily transactions near 1B, GitHub activity up 90.5% WoW.

contract

optimistic-ethereum

6H ago
ONCHAIN METRICS

Daily transactions are trending upward, with the all-time transaction count approaching 1 billion transactions.

10H ago
ONCHAIN METRICS

GitHub development activity events increased by 90.5% week-over-week as of January 13, 2026.

17H ago
VISIBILITY EVENT

Velodrome Finance experienced a -18.2% price decline over the past week, with community disappointment following a recent AMA that did not deliver anticipated major announcements.

19H ago
FINANCIAL EVENT

offers $200 in OP tokens as a reward for onramping $500 into a Morpho vault on OP Mainnet through Oku

1D ago
FINANCIAL EVENT

Granted 250K OP to Llama Risk for work with Curve Finance during Q3-Q4.

4D ago
OPINION SPECULATION

A proposal requesting Foundation control over surplus ETH is criticized on the grounds that the Foundation is not well suited to managing these assets, which should instead be turned over to OP tokenholders for deployment in DeFi.

5D ago
TOKEN ECONOMICS

Proposed using 50% of incoming Superchain sequencer revenue for monthly OP token buybacks over the next year, with governance vote scheduled for 2026-01-22 and buybacks to begin in February 2026 if approved.

6D ago
VISIBILITY EVENT

Optimism is listed as one of seven blockchains supporting cross-chain bridging for Wyoming's state-issued stablecoin $FRNT, alongside Solana, Avalanche, Arbitrum, Base, Ethereum, and Polygon.

ONCHAIN METRICS

Generated $25.75M in finance-related gas fees across the network based on data tracked by growthepie.

1W ago
ONCHAIN METRICS

Achieved an average transaction fee of $0.000063.

2W ago
FINANCIAL EVENT

Native airdrop distributed $200M to 1M users.

TECH EVENT

Shipped eight protocol upgrades in 2025 to support Superchain growth.

3W ago
ONCHAIN METRICS

Experienced a 66% decline in active addresses over the 1-year period ending in 2025.

VISIBILITY EVENT

Hosts a Twitter Space on December 19, 2025 discussing Privacy Pools integration on OP Mainnet with speakers from the privacy protocol team.

1M ago

Binance discontinues OP/FDUSD margin trading pairs across cross and isolated margin markets on December 23, 2025 at 09:00.

Crypto VC a16z maintains 19.51 million OP tokens valued at $5.71 million as a major position in their current portfolio.

Ripple tests RLUSD stablecoin on Optimism with plans for official 2026 launch pending New York regulatory approval. RLUSD currently generates $32M in daily trading volume with $1.3B market value.

Optimism processes 50-60% of all Layer 2 activity, representing majority market share in the L2 ecosystem according to industry conference discussions.

RLUSD, Ripple's $1.3 billion stablecoin, launches on Optimism via Wormhole NTT integration as the first U.S.-based, trust-regulated stablecoin on the network, creating liquidity pairs with wXRP.

Liquity Protocol brings BOLD and LUSD stablecoins to OP mainnet with DeFi integrations across Velodrome, Beefy, Curve, and HAI protocol.

Hex Trust launches wrapped XRP product with $100 million in TVL, enabling XRP to be used in DeFi applications on Optimism alongside Solana, Ethereum, and HyperEVM.

OP Labs appoints Daniel as new VP of Partnerships, bringing experience from Remitly (Partnerships & BizDev lead) and previous leadership roles at Meta, Intuit, Plaid, and Mastercard to scale real-world application partnerships.

MODE staking program offers 78% APY in OP token rewards for Season 6, Epoch 4, with rewards now claimable.

Partnership with Ether.fi brings weETH into liquid staking strategy, with Optimism deploying 6,000 ETH from treasury into weETH.

Anoma protocol adapter deploys on the network following initial Ethereum mainnet launch, with subsequent expansion to Base.

Nethermind Client releases critical update to fix issues on OP Stack chains following the Jovian fork, with upgrade recommended for all operators to ensure full compatibility.

WalletConnect Pay goes live at 94° Coffee physical merchant location in Lisbon, supporting OP network for instant crypto payments alongside Ethereum, Arbitrum, Base, Solana, and other chains.

Mode Perps Trading Competition offers $15,000 prize pool with pro-rata OP rewards distributed to top traders every Wednesday.

A compliant framework for institutions to interact with onchain stablecoin programs is available on OP Mainnet, providing secure, controlled, and transparent infrastructure for regulated organizations.

Kyo Finance launches $KYO token on Soneium as the Superchain's liquidity layer DEX, with Soneium users gaining early access to Token Generation Event airdrop rewards.

Celo launches as an OP Stack L2 with gas-in-stables and native USDC/USDT support, featuring MiniPay with 10M users sending money between Germany, Congo, Kenya and Nigeria.

Major exchange OKX has migrated XLayerOfficial to OP Stack for its L2 operations. OP Stack powers approximately 70% of all Ethereum L2 activity.

Staking offers 69% APY for current epoch with voting ending in 2 days and OP reward distribution scheduled for Friday.

OrderlyNetwork builds settlement infrastructure using OP Stack combined with Celestia DA for their three-layer on-chain trading architecture.

Optimism TVL stands at $298.82 million according to L2Beat, trailing significantly behind Arbitrum's $17.35B and Base's $12.99B in the L2 race.

OP flagged for having admin keys, listed alongside other projects with centralization or security concerns. (ID: 1997258266544595168)

$OP experienced a -56% price decline during Autumn 2025, ranking among the top 10 worst-performing crypto projects in that period.

CCTP from Circle goes live on Rango exchange with Optimism support, enabling native burn-and-mint USDC transfers across 11 chains including Ethereum, Solana, Arbitrum, Base, and Polygon.

Co-founder Ben Jones named to Forbes 30 Under 30 list.

A new integration on OP Mainnet enables native cross-chain yield access.

Ink chain, part of the Optimism Superchain, records 880K+ average daily transactions, $450M supplied on lending, $1B in perps volume in 10 days, and becomes the largest RaaS chain on L2Beat.

ExtraFi uses 100k OP grant to fuel USDC lending pools on Base and Optimism networks, offering 6.8% APY and 6% APY with yield exposure to Base ecosystem tokens.

op-node v1.16.3 releases with critical fixes for blob fetching logic to prevent safe head stalls, derivation pipeline edge cases, and L1 origin selection during reorgs.

30M OP tokens will be transferred between wallets for internal operational purposes.

The First Based Games competition concludes with top performers receiving prizes in $OP tokens, $USDC, and Wasabi Points based on volume performance.

Limitless secures 300K OP Growth Grant from Optimism Governance Grants Council to build pre-TGE trading venue on Base, with funds dedicated to liquidity provisions, incentives, and a 6-week Alpha Prophet competition offering OP rewards.

The Superchain powers 14.1% of all crypto transactions in November, representing almost 2x growth in 5 months.

Optimism generates ~$1.3M in revenue over 30 days, ranking third among high-volume L2 sequencers behind Base (~$6.5M) and Arbitrum (~$2.4M).

A technical issue impacts Optimism and other L2 rollups, with a fix and recovery process expected.

Fusaka goes live on Ethereum mainnet with upgrades providing OP Stack chains more blob capacity and lower fees.

Arkham Swap adds Optimism chain support for token swaps, while Gauntlet USD Alpha launches native deployment on Optimism for USDC yield opportunities.

Cool Cats X OP Wearables Set launches with a 48-hour sale window.

Upgrade 17 is complete and sets the stage for the Jovian Hard Fork activation on the L2 today.

rPGF grant recipients report unexpected grant cancellations during devconnect.

Ethereum's Fusaka upgrade launches December 3 with expanded blob capacity and fee optimizations, dropping transaction costs on Optimism to sustained sub-$0.01 levels compared to current $0.05-$0.30 peak fees.

A Rust implementation of the OP-Supervisor is under development by the team that built Lodestar for Ethereum, Forest for Filecoin, and Gossamer for Polkadot. $OP records $47M in trading volume, marked as a significant volume surge among mid-cap tokens.

The co-founder and CEO announces the next strategic focus on building OP Stack as the leading enterprise infrastructure for scaling assets onchain.

Market commentary positions Arbitrum's L2 stack as substantially better than OP Stack, highlighting competitive disadvantage in technical architecture.

$10.5M token unlock scheduled for December 29.

Optimism's CEO discusses a strategic shift, reconsidering the project's approach after years of supporting other networks.

Velodrome processes $343M in volume across the Superchain in Epoch 182, with $198M occurring beyond OP Mainnet, while maintaining position as #1 DEX across 8 Superchain networks.

Optimism generated $160K in revenue over the last 30 days with 96.1% profit margins, significantly trailing Base ($7.01M) and Arbitrum ($1.66M) in monthly revenue during the same period.

PancakeSwap launches 11 LP reward pools on Base backed by 240k OP tokens, including ETH-USDC, cbBTC-USDC, wstETH-ETH, and USDC-USDT pairs. The pools use ZK verification through Brevis and Incentra for reward distribution based on fee generation.

Celestia states OP Stack has been their most widely used rollup integration.

Avail Nexus mainnet launches with support for Optimism as one of 13+ major ecosystems integrated from day one.

The team conducts significant layoffs, consolidates from multiple independent organizations into a single entity, and rebuilds engineering and enterprise sales organizations to focus on enterprise blockchain adoption and competitive positioning against Solana, Arbitrum, and Avalanche.

OP Mainnet implements backup block building across multiple cloud environments in partnership with sunnyside_io to improve network resiliency.

Wasabi App launches a trading competition offering 3M $OP + USDC as rewards for trades on the Base ecosystem.

31.34M $OP tokens unlock on November 30, valued at $9.80M.

A major token unlock is scheduled for next week.

Etherscan removes free API access for Optimism, Base, and Binance chains during EFDevcon with no advance warning, impacting developers who rely on this infrastructure service.

The Superchain achieves an all-time high of 27.5 million transactions per day last week, averaging approximately 320 transactions per second.

OPLabsPBC opens a VP of Marketing position, expanding its leadership team.

Token price falls 19.92% in 24 hours on November 21, making it the second biggest loser in the crypto market.

Allium becomes Premier Tier Snowflake AI Data Cloud partner, enabling Snowflake users to query decoded onchain data for Optimism, Ethereum, Base, Arbitrum, Solana and other chains directly within their Snowflake environment.

Optimism launches on Oku Trade with a promotional campaign offering $200 in OP tokens to users who onramp $500, deposit into Morpho vault, and hold for 60 days.

MiniPay application integrates with Mercado Pago payment system to enable direct payments from self-custodial wallets, with active deployment in Buenos Aires.

Horizen Global announces as a new privacy-first blockchain built on the Optimism Bedrock rollup stack, settling and using data availability on Base. A Superchain Health Dashboard launches to track metrics across 200+ chains and L2 ecosystems, while concerns emerge about an Ethereum Foundation blog post challenging the Superchain interoperability thesis.

Season 6 Epoch 3 voting begins in 12 hours on Mode Network, offering 62% APY for stakers who vote to direct OP rewards.

Reth v1.9.3 and optimism-op-reth release as critical patches for OP Stack users to prepare for the upcoming Jovian hardfork and include a fix for rollup boost.

OP Labs announces CEO return, organizational restructuring to unify GTM and Engineering teams under one roof, and opens new NYC office as co-founders return to US from Mexico City. OP Stack processes more than half a billion transactions every month.

OP Labs co-founder and Product lead participate in live discussion on The Rollup show from Devconnect on November 18 at 3PM ART.

48% of assets on Optimism are Ethereum L1 native assets fully secured by Ethereum, compared to 28% on Arbitrum, 24% on Base, and 97% on Starknet.

Starknet climbs Layer 2 TVL rankings and targets Optimism as its next competitor to surpass, while Base and Arbitrum hold the top positions.

x402 deployment tool now supports Optimism network, enabling simplified deployments and seamless payments for builders.

Layer 2s emerge as best performing sector month-to-date, with ZK rollup chains Starknet and zkSync posting top gains versus optimistic rollup-based chains.

The Superchain captures 64.6% of all Layer 2 transaction fee market share.

New essential software releases op-node v1.16.2 and op-geth v1.101603.5 required for Jovian hardfork activation and superchain registry changes affecting Bob, Lyra, Mint, Orderly, and Polynomial chains.

Starknet surpasses Optimism in market worth.

Superchain Upgrade 16a activated on the network.

StartaleGroup and Soneium partner to support builders developing Mini Apps on the Superchain.

2M ago

First institutional stablecoin yield solution goes live on OP Mainnet, built by Utila with Morpho Labs, Gauntlet, and Yield Protocol.

50,000 $OP staking incentive program launches today at 2pm UTC for 4 weeks with rewards based on deposit size and time staked.

Interactive app ecosystem dashboard goes live on growthepie for OP Mainnet, featuring category filters, onchain metrics, and transaction-based app rankings.

Dromos Labs announces Metalane project on Optimism Superchain with commitment to 100% vendor neutrality and full support for Superchain and Ethereum interoperability layer. CTO references upcoming "Glamsterdam" Ethereum release expected to unlock new capabilities for Superchain builders.

Balancer V2 meta-stable pools on Optimism affected by security vulnerability; whitehat recovery secures approximately $4.1M with users warned not to interact with affected pools until further guidance.

New OP incentives launched for the superOETHb/USDC borrowing market on Morpho Labs to subsidize borrower costs.

Hyperlane integrates Circle CCTP V2 for USDC liquidity rebalancing across OP Mainnet and 14+ other chains. Onchain Builders grants program distributes approximately 9,000 OP tokens to Chonks project.

Everclear adds Optimism support for cross-chain stablecoin routing to Tron network.