The OP Stack accounts for 60.6% of all Layer 2 transactions. This last week, the Superchain saw on average 10.8M daily transactions and 53.7% of all Layer 2 transactions. The network boasts over 3,175 revenue-generating deployers, contributing to the Optimism Collective. To date, 17.4K ETH has been contributed to the Optimism Collective—Data Fetched from the Superchain Health Dashboard. For a full breakdown of the Superchain Financials, check out our November Health Report!
Kraken’s Ink Layer-2 network is now live on mainnet, months ahead of its planned early 2025 launch. Built using Optimism’s OP Stack, Ink becomes part of the Optimism Superchain, bringing enhanced scalability, privacy, and security to the DeFi ecosystem. Kraken, one of the largest crypto exchanges, received 25 million OP tokens as a grant from the Optimism Foundation to support the development of Ink
Andrew Koller, Ink’s founder, described the launch as “just the beginning,” with plans to push onchain experiences further by enhancing user experience and liquidity while unlocking new opportunities for builders and users alike. Check out the Ink Ecosystem here.
Swellchain, the new hub for restaked assets powered by Proof of Restake, has officially launched on mainnet. Swellchain leverages Proof of Restake, utilizing liquid restaked assets to secure critical infrastructure, including EigenLayer, SymbioticFi, and more. This approach extends Ethereum's Proof of Stake security to the rollup level, enabling a highly scalable and decentralized ecosystem.
Bridge assets from Swell, Lido Finance, and other protocols before December 31st to earn your share of 31,250,000 $SWELL in the first Wavedrop. Early adopters can explore soon-to-launch dApps like Euler Finance, Ambient Finance, and more. Start bridging and earning now here!
The Funki Mainnet is now live. Funki is a Layer 2 in the Optimism Superchain dedicated to creativity and bold innovation, Funki is designed to empower both builders and users, scaling the next generation of internet culture. Funki offers a complete playground for digital creators. Users can also claim free gas test tokens and free-mint NFTs on the Funki testnet. Join The Funki Club, mint exclusive NFTs, and explore what happens when digital culture meets fun, experimental innovation. The playground is open, Learn more here
Mint Blockchain has launched the Mint Eco Fund, offering 50M $MINT + 750K $OP to support developers building on its Layer 2 network. The fund provides grants, marketing resources, technical assistance, and strategic guidance to help teams create innovative NFT-driven applications. Key focus areas include Web3 social apps, NFT gaming, AI-NFT integrations, hybrid NFT and RWA projects, and more. Mint has partnered with communities like ZAN, LXDAO, and NFTScan to foster collaboration and growth within its ecosystem. Developers can apply now to bring their projects to life. Learn more and apply here.
Unichain is moving toward its mainnet launch in early 2025, starting with the Sepolia testnet, which has already processed 50M transactions. The mainnet will include Permissionless Fault Proofs for full transparency and allow users to bridge funds and use apps. After launch, the Experimental Testnet will bring upgrades like Flashblocks for faster transactions and a Validation Network for community participation. Developers can start building now with funding and resources from Unichain. Check out the full roadmap here.
The Optimism Governance Season 7 elections are underway, featuring key roles in the Security Council (Cohort B), Milestones and Metrics Council, Grants Council, and Developer Advisory Board. Candidates must create an Optimist Profile and post self-nominations in the relevant forum threads by following the provided templates.For delegates, the timeline includes approvals from December 18 to January 6, a review period from January 3 to January 9, and voting from January 9 to January 15. Each candidate requires at least 8 Top 100 delegate approvals to proceed. Read the full details here.
The Superchain has grown to 43 different OP Chains, each with its flourishing Ecosystem. These are some extra stories to make your Sunday that much more Super.
~Disclaimer: This newsletter is for informational purposes only and is not financial advice