optimism09
$op
MCAP232.34M
-13.96%

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 collaborates with Ronin Network on mainnet launch; Saigon Testnet migrated.

contract

optimistic-ethereum

1MIN ago
TECH EVENT

Colossus launched a stablecoin-based credit card system on its Ethereum L2, built on the OP Stack.

17H ago
TECH EVENT

Supports crosschain forwarding service for Bridge Kit and Circle Gateway transactions, enabling automated destination-chain execution for transfers to Optimism and 13 other blockchains.

1D ago
FINANCIAL EVENT

Distributed 5,000 OP tokens as prizes (1,000 OP each to five winners) in the Alpha Prophet Challenge Week 1 lottery draw on February 26, 2026.

2D ago
MARKET ACTIVITY

Added native support on BitMEX for USDC and USDT movements on Optimism network.

VISIBILITY EVENT

Ranks third among chains in weekly mindshare growth with a +0.45% increase, trailing Bitcoin (+1.87%) and Ethereum (+0.7%).

4D ago
PARTNERSHIP

Integrated with Hyperlane's Nexus bridge to support native ETH bridging from Optimism alongside Arbitrum, Base, and Ethereum.

5D ago
TOKEN ECONOMICS

Unlocks 32.2M OP tokens during the week of February 23rd, 2026.

1W ago
PARTNERSHIP

Partnered with Succinct Labs to bring ZK rollup as the proving solution for the OP Stack.

MARKET ACTIVITY

Token price reached historical low of $0.128.

MARKET ACTIVITY

Proposed activating protocol fees on all v3 pools on OP Mainnet, covering 8 additional chains.

TOKEN ECONOMICS

Base received four quarterly vested OP unlocks totaling 17.9 million OP over the last 12 months, worth approximately $2.47 million at current OP prices.

ONCHAIN METRICS

Received 3,886 ETH in revenue from Base through February 2026, worth approximately $7.61 million at current ETH prices.

PARTNERSHIP

Base left Superchain in February 2026, affecting 118 million OP grant (42 million vested, 76 million unvested) and taking 97% of the collective's real economic value.

VISIBILITY EVENT

Featured as a supported blockchain for asset manager AI agents in Autonolas' Pearl software release for Linux, MacOS, and Windows.

VISIBILITY EVENT

Features two talks at EthereumDenver on February 19, 2026: "The New Age of Scaling" at 2:30 PM MST and "L2s & Enterprise Adoption" at 3:55 PM MST on the Main Stage.

TECH EVENT

Transitions to a self-operated stack with Base V1 hardfork introducing TEE/ZK proofs, passed Bedrock upgrade improving modularity.

OPINION SPECULATION

Predicted that OP Mainnet TVL will increase by 75% following ether.fi deployment, with ether.fi potentially becoming the number one TVL dApp on the network.

OPINION SPECULATION

The market experienced a 12% sell-off of OP following Base's infrastructure announcement, which the author interprets as rational pricing of a shifting power dynamic rather than panic.

FINANCIAL EVENT

Granted 118 million OP tokens to Base over 6 years in 2023, valued at $175 million at the time of the grant.

TOKEN ECONOMICS

Allocates 100% of net transaction-fee revenue from Optimism mainnet to the Superchain.

PARTNERSHIP

Receives revenue share from OP Stack chains including Base and Unichain based on the greater of 15% of net profit or 2.5% of L2 revenue.

TOKEN ECONOMICS

Begins OP token buyback program, allocating 50% of Superchain revenue to token buybacks in January 2026.

FINANCIAL EVENT

Opens Season 9 OP Growth Grant applications to Celo builders with a 3.89M OP token budget, accepting applications until May 20, 2026, focused on DEX TVL and fees, with grants distributed 40% upfront and 60% upon milestone completion.

FINANCIAL EVENT

Distributes 120,000 OP to pre-TGE traders over 6 weeks, with rewards for volume trading (55,000 OP), weekly lottery (10,000 OP), and market maker leaderboard (55,000 OP).

MARKET ACTIVITY

Token price declined to $0.18, down from $1.50 when the Base deal was signed.

TECH EVENT

Base exited Optimism stack, losing 15% sequencer revenue share and 94% of fee revenue sharing, contributing 13.4 ETH per day to Optimism Collective. Coinbase cut revenue, causing 25% OP token price drop.

PARTNERSHIP

Migrated ether.fi Cash to OP Mainnet, with 70,000 active cards, 300,000 accounts, and $160M+ TVL.

ONCHAIN METRICS

Generated $7k in gas fees from trading activity over the past 7 days on OP Mainnet, representing 67% of total gas fees on the network.

TEAM UPDATE

Hired a Staff Data Scientist who will focus on Superchain content and database analysis.

MARKET ACTIVITY

A USDC–MOOBIFI liquidity pool is available on Velodrome V3 with 58.02% current APY and $119,287 TVL.

TOKEN ECONOMICS

Chains built on the OP Stack generate ten dollars in revenue for every dollar users spend on fees, with value flowing to partners rather than the platform.

ONCHAIN METRICS

Processed 6.1 billion transactions in 2025, representing 29x growth year-over-year.

RISK ALERT

Experienced 1 network outage in the past five years (2021-2026).

VISIBILITY EVENT

Hosted Scaling Summit on February 17, 2026, sharing engineering accomplishments and features for scalable onchain infrastructure, native interoperability, faster block times, and enterprise-grade compliance controls.

ONCHAIN METRICS

Set a new all-time high for daily transactions on OP Mainnet on February 14, 2026.

2W ago
VISIBILITY EVENT

Co-hosts Cold Weather Cafe brunch event at ETHDenver on February 18, 2026, focused on ZK and scaling discussions with SuccinctLabs and EspressoSys.

TEAM UPDATE

Founder joins the project.

FINANCIAL EVENT

Opened applications for Growth Grants program targeting DEX TVL growth and increased trading volume on the network.

TECH EVENT

Deployed U18 upgrade with infrastructure improvements to the Superchain, enabling interoperability, stage 1/2 security, and faster Layer 1 exits.

PARTNERSHIP

Opens to ZK proving partners with Boundless, while Celo implemented ZK fault proofs after migrating to the OP Stack.

FINANCIAL EVENT

Funded over 70 million OP tokens across more than 700 projects in the Superchain ecosystem during 2025.

ONCHAIN METRICS

OP Mainnet has $2B TVL.

ONCHAIN METRICS

Experienced the largest outflows among tracked chains in the 24-hour period ending February 11, 2026.

ONCHAIN METRICS

Was flipped by MON in TVL rankings as of February 11, 2026.

OPINION SPECULATION

Optimism is described as having cheap fees but sequential execution with bottlenecks, contrasting with alternative scaling approaches.

ONCHAIN METRICS

Has $1.95 billion in active loans on the Superchain, up 95.8% year-over-year.

ONCHAIN METRICS

Represents 12.7% of total crypto activity measured across networks.

PARTNERSHIP

OKX is migrating XLayer to OP Stack.

PARTNERSHIP

Upbit launched giwa_io on OP Stack, with OKX also deploying on the Superchain.

ONCHAIN METRICS

Processed 3.6 billion transactions in H2 2025, reaching an all-time high for the Superchain network.

PARTNERSHIP

EY is deploying Nightfall for enterprise privacy on OP Stack.

PARTNERSHIP

Integrated with Jumper Exchange's Earn platform, enabling users to deposit into Optimism vaults on OP Mainnet from any asset and any chain in a single transaction.

ONCHAIN METRICS

Has 724K monthly users, down 40.7% year-over-year.

ONCHAIN METRICS

Generated $75.92K in revenue, down 80.5% year-over-year.

PARTNERSHIP

Integrated with Ledger Wallet app through OKX DEX for multichain token swaps alongside Ethereum, Arbitrum, Base, Polygon and BNB Chain.

TECH EVENT

ERC-8004 went live on OP Mainnet on February 10, 2026, enhancing reputation and identity systems.

VISIBILITY EVENT

Supported as one of seven chains by Meridian's multi-token facilitator feature for same-chain token transfers.

TEAM UPDATE

AmadiMichaels departed from Optimism and OP Labs PBC, with their final week ending in early February 2026.

ONCHAIN METRICS

Recorded 50,000 active addresses on Optimism Mainnet for the week ending February 9, 2026, with 39% of those addresses also active on other Layer 2 chains or Ethereum Mainnet.

3W ago
PARTNERSHIP

Collaborates with Ronin Network and Conduit engineering teams on Ronin Network's mainnet launch preparation.

TECH EVENT

Saigon Testnet completed migration to Optimism on February 6, 2026, with mainnet migration planned for the coming months.

TECH EVENT

Available on the network for Gelato Network's Fee Collector feature, which enables protocols to collect fees in any ERC-20 and auto-swap to USDC daily.

PARTNERSHIP

Integrated with Predict as a supported network for USDT and USDC deposits.

VISIBILITY EVENT

Head of Governance will speak at ETHDenver 2026.

1M ago
TECH EVENT

Launched OP Enterprise on January 29, 2026, offering production-grade managed blockchain infrastructure for enterprises with 99.99% uptime SLO, 15-minute P1 incident response, and up to 5B RPC requests per month

ONCHAIN METRICS

Experienced increased registrations for the Ethereum Attestation Service on OP Mainnet.

TOKEN ECONOMICS

Has a scheduled token unlock of $9.81M in value during the week of January 27, 2026 to February 2, 2026.

WHALE ACTIVITY

Wrapped Ethereum (WETH) on Optimism experienced a 711% increase in whale activity during the week ending January 23, 2026 compared to the previous week.

TECH EVENT

Migrated the Kona repository into the Optimism monorepo as a stable alternative OP Stack implementation.

PARTNERSHIP

Circle Gateway integration supports chain-abstracted USDC functionality on Optimism alongside 11 other chains, enabling non-custodial crosschain liquidity for developers.

TECH EVENT

Plans to release op-reth for use by any chain in 2026.

TECH EVENT

Plans to add multiple gas tokens support as a customization feature in 2026.

TECH EVENT

Partnered with Succinct Labs for ZK rollup implementation on OP Mainnet by 2026, using OP Succinct technology.

TECH EVENT

Plans to implement native buy and burn mechanisms for any chain on the OP Stack in 2026.

PARTNERSHIP

Plans to launch MEV auctions in partnership with Flashbots in 2026.

TECH EVENT

Plans to add sequencer revenue modules that enable different transaction ordering schemes in 2026.

VISIBILITY EVENT

Hosts Community Call on January 20, 2026 at 12:30 EST featuring founders and team discussing plans for regaining momentum and achieving financial sustainability.

PARTNERSHIP

Integrated as a supported chain in the ELSA AI crypto agent platform, enabling users to execute trading and investment commands across Optimism along with Base, Arbitrum, BSC, Polygon, and Solana.

ONCHAIN METRICS

Processed $1.4 billion in payments services volume from Stripe, Blindpay, and other merchants in 2025.

ONCHAIN METRICS

Payments app transfers grew from $364 million in January to $1.43 billion in December, totaling $7.7 billion.

FINANCIAL EVENT

donated funds to onchain investigator ZachXBT, listed among top donors alongside other protocols and entities

VISIBILITY EVENT

Hosts Optimism Scaling Summit on 2026-02-19, focused on scaling institutional money movement, streaming on X.

TECH EVENT

Launched Actions SDK with integrated support from Dynamic for embedded wallets, signers, and sponsored transactions at launch.

REGULATORY

Faces potential requirement to register as an exchange under U.S. securities laws due to its centralized sequencer, following SEC Commissioner Hester Peirce's warning in September 2025 that centralized L2 sequencers handling transaction ordering could be viewed as operating like traditional exchanges.

ONCHAIN METRICS

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

ONCHAIN METRICS

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

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.

FINANCIAL EVENT

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

FINANCIAL EVENT

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

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.

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.

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.

ONCHAIN METRICS

Achieved an average transaction fee of $0.000063.

2M ago
ONCHAIN METRICS

Superchain aggregates $10B TVL across unified OP Stack chains.

FINANCIAL EVENT

Native airdrop distributed $200M to 1M users.

TECH EVENT

Shipped eight protocol upgrades in 2025 to support Superchain growth.

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.

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