DeFi Intel

Optimism chain

Chain · PageRank 0.1618

Also known as: OP Mainnet

Source: u.today

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

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%

More on Optimism

Frequently asked questions

What is Optimism?

Optimism is a Layer 2 blockchain built on Ethereum that uses optimistic rollups to batch transactions and submit them to Ethereum, offering lower costs and faster confirmations.

How does Optimism achieve scalability?

Optimism aggregates transactions off-chain and posts them as calldata to Ethereum, assuming transactions are valid unless challenged via a fraud proof during a challenge period.

What is the OP token used for?

The OP token is the governance token of the Optimism Collective, allowing holders to vote on protocol upgrades and funding allocations.

What is Optimism connected to?

In the DeFi Intel knowledge graph, Optimism is linked to 204 other tracked entities, most strongly to Ether (ETH), Ethereum, Morpho Blue.

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