DeFi Intel

Optimism chain

Chain · PageRank 0.1618

Also known as: OP Mainnet

Source: optimism.io

Overview

Optimism (OP Mainnet) is an Ethereum Layer 2 scaling solution that uses optimistic rollup technology to increase transaction throughput and reduce fees while inheriting Ethereum's security. It employs a single sequencer and fraud proofs to settle transactions on Ethereum. The network is governed by the OP token, which is used for voting on protocol upgrades.

Within the DeFi Intel graph, Optimism connects to 204 tracked entities, most strongly to Ether (ETH), Ethereum, Morpho Blue.

Relations

News mentions · View all relations · Treasury holdings

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 204 total).

RelationConnected entityConfidence
supports_tokenEther (ETH)99%
settles_toEthereum95%
deployed_onMorpho Blue95%
deployed_onRenzo95%
deployed_onPendle95%
deployed_onUniswap V395%
deployed_onCurve DEX95%
bridgesPortal95%
deployed_onAave V395%
deployed_onKelp DAO95%

Frequently asked questions

What is Optimism?

Optimism (OP Mainnet) is an Ethereum Layer 2 scaling solution that uses optimistic rollup technology to increase transaction throughput and reduce fees while inheriting Ethereum's security.

How does Optimism settle transactions?

Optimism employs a single sequencer and fraud proofs to settle transactions on Ethereum.

What is the OP token used for?

The OP token is used for voting on protocol upgrades within the Optimism network.