Ripple spustil Ripple Mint pro instituce, které nově mohou emitovat a spravovat RLUSD přes web i API. Zároveň rozšířil emisi a odkup na Base, Optimism, Ink, Unichain a XRP Ledger EVM Sidechain.
Ripple has introduced Ripple Mint, a new enterprise platform designed to streamline the minting, management, and redemption of its US dollar-backed stablecoin, RLUSD, for institutional clients. The launch aims to provide large-scale financial players with seamless access to RLUSD, enhanced automation tools, and broader blockchain interoperability.
Ripple Mint offers unified stablecoin managementAccording to Ripple, Ripple Mint enables institutional users to access RLUSD through both an intuitive web dashboard and a robust set of APIs. Institutions may manually manage RLUSD balances, carry out minting and redemption transactions, or integrate directly into their backend systems to automate treasury and settlement workflows.
This unified platform is intended to replace previously fragmented and manual processes often used by exchanges, fintech companies, payment providers, market makers, and asset managers engaged with stablecoins. With Ripple Mint, these participants can directly issue and redeem RLUSD, oversee real-time transactions, and bridge assets across supported blockchain networks.
Ripple’s solution also facilitates integration of RLUSD management into key business operations, including treasury, compliance, settlement, and accounting systems.
Ripple stated that Ripple Mint introduces advanced APIs and real-time webhook notifications, giving institutions end-to-end visibility throughout the minting and redemption lifecycle.
The company explained that unified reference IDs are available within the platform to track fiat deposits, mint requests, on-chain settlements, and redemption payouts, a move designed to simplify reconciliation and reduce operational complexity for enterprise clients.
Broader blockchain access for RLUSDRipple has extended RLUSD’s reach beyond its existing blockchains by supporting minting and redemption on Base, Optimism, Ink, Unichain, and the XRP Ledger EVM Sidechain. This step is expected to give institutions more flexibility in accessing decentralized finance, cross-border payment infrastructure, digital asset exchanges, and tokenized real-world asset markets.
Ripple described the XRPL EVM Sidechain as a key element in its multichain approach, combining Ethereum Virtual Machine (EVM) compatibility with the performance capabilities of the XRP Ledger.
This configuration allows developers and enterprises to build Ethereum-based applications while utilizing the speed and efficiency of the XRP Ledger environment.
Ripple emphasized that RLUSD is not intended to replace XRP. Instead, the two digital assets are designed to operate together within the ecosystem: RLUSD functions as a regulated digital dollar for payments, settlements, and treasury management, while XRP serves as a core liquidity and bridge asset for cross-chain transfers, decentralized swaps, collateralization, and global payments.
Recent integrations, such as RedotPay’s RLUSD payment card powered by the XRPL, highlight Ripple’s push to build an institutional-grade digital finance ecosystem where stablecoins and XRP jointly support global financial infrastructure.
Mini dictionary: RLUSD is Ripple’s regulated, US dollar-backed stablecoin designed for institutional use in payments, settlements, and treasury management across multiple blockchain networks.
Blockchain NetworkRLUSD Minting SupportedXRP LedgerYesEthereumYesBaseYesOptimismYesInkYesUnichainYesXRPL EVM SidechainYesDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
APAC firmy jako Sony, Upbit a Toss stále častěji staví na OP Stacku. Upbit plánuje GIWA Chain a Toss testuje proof of concept stablecoinu krytého korejským wonem.
Asia-Pacific enterprises are moving past the question of whether blockchain works and into deciding where it fits in their core business. From Mitsui & Co. Digital Commodities’ Zipangcoin on OP Mainnet to Sony Block Solutions Labs’ Soneium and Upbit operator Dunamu’s planned GIWA Chain, a wave of established consumer and financial platforms is building on the OP Stack. Juntaro Iwase, Managing Director for Japan and Southeast Asia at OP Labs, spoke with blockchainreporter about what’s driving this shift, how OP Enterprise addresses regulatory and operational demands, and why distribution — not just technology — is APAC’s biggest advantage.
1. What is the approach of Asia-Pacific-based enterprises toward blockchain adoption in comparison with Europe and the U.S.? The clearest difference is posture. Many APAC enterprises are no longer asking whether blockchain works. They are asking where it belongs in their core business. The recent examples speak for themselves. Mitsui & Co. Digital Commodities launched Zipangcoin on OP Mainnet. Sony Block Solutions Labs built Soneium for consumer and creator applications. Dunamu, the operator of Upbit, plans to use the OP Stack for GIWA Chain, and Toss has announced a proof of concept exploring a Korean won-backed stablecoin.
Europe and the U.S. are progressing too, as Kraken’s Ink and Bitpanda’s Vision Chain demonstrate. What stands out in APAC is the combination of large consumer platforms, digitally sophisticated users, and companies with the distribution to bring onchain products to millions of customers who already trust them.
2. Why are Optimism and other Ethereum L2 solutions gaining preference as infrastructure among APAC enterprises? Enterprises are not choosing an Ethereum L2 for scalability alone. They evaluate the full solution, including the infrastructure, the operating model, the ecosystem, and whether they can integrate the tools their business requires.
Those requirements differ by company. Toss is running a proof of concept on the OP Stack alongside KYC and AML infrastructure and Privacy Boost from Sunnyside Labs. GIWA Chain plans to use the Self-Managed tier of OP Enterprise so Upbit can retain control over its sequencer and configuration while receiving engineering support and backup resilience. Mitsui & Co. Digital Commodities launched Zipangcoin on OP Mainnet, which it has said supports its plans to reach investors worldwide.
The common thread is choice. Companies can build on an established public network or deploy dedicated infrastructure, and in either case work with the compliance, custody, monitoring, and privacy providers appropriate for their business.
3. What are the regulatory compliance and privacy demands of the APAC-based entities that are shifting on-chain? Regulated institutions open with questions about accountability, data visibility, operational control, and how blockchain fits into their existing systems. Public blockchains are transparent by default. If a financial product requires transaction details or customer balances to remain confidential, an additional privacy layer may be needed. Institutions may also need KYC, AML, transaction monitoring, custody, permissioning, and reporting tools. A blockchain infrastructure provider does not replace those functions or determine whether a product is compliant. Our role is to provide reliable infrastructure, clear operating models, and the technical integration points needed to work with specialist providers.
The Toss proof of concept demonstrates this layered approach. The OP Stack provides the blockchain infrastructure, Sunnyside Labs provides Privacy Boost, and separate KYC and AML infrastructure supports the compliance requirements. Each layer is handled by the party best equipped to handle it.
4. What is the role of the OP Enterprise in advancing enterprise-scale blockchain adoption across APAC? The hardest part of enterprise blockchain adoption is often not launching the technology. It is establishing an operating model that can support a critical business. Organizations need to know who runs the infrastructure, who responds when something breaks, how upgrades are managed, and how the network fits their internal security and procurement processes.
OP Enterprise is designed around those operational requirements. Companies can use a Fully Managed model or operate the infrastructure themselves through Self-Managed with direct engineering support. They can also begin on OP Mainnet before deciding whether they need a dedicated chain. The organization chooses the level of operational responsibility and control that fits its capabilities, and can change that answer as it matures.
5. How does the rollout of Optimism and Soneium benefit creator and consumer applications in Asia? Soneium shows how blockchain can support consumer experiences without requiring users to understand the technology underneath. Built by Sony Block Solutions Labs using the OP Stack, Soneium gives developers an Ethereum-compatible foundation for entertainment, gaming, creator, and community applications.
Sony has described its goal as making blockchain operate quietly behind the scenes while enabling trust, traceability, digital ownership, and clearer attribution of creative work. For creators and fans, this can support new ways to participate and collaborate, while the OP Stack provides the scalable infrastructure underneath those experiences. That philosophy of keeping the technology in the background and the experience in the foreground is exactly how consumer adoption happens in this region.
6. What is the significance of Upbit’s plan to develop the GIWA Chain via the OP Stack to advance the future of exchange-scale infrastructure? Upbit’s decision to develop the GIWA Chain reflects a broader shift in how major exchanges think about infrastructure. They increasingly want to own the infrastructure through which their users access onchain products. A dedicated chain can provide greater control over performance, transaction policies, user experience, product development, and the economics generated by the ecosystem.
Under the planned partnership between Dunamu and the Optimism Foundation, GIWA Chain intends to become the first chain on the Self-Managed tier of OP Enterprise. Upbit would retain control over the primary sequencer and configuration, while Optimism would provide monitoring, engineering support, and backup resilience.
7. Can you highlight the opportunities and challenges that shape enterprise-level blockchain adoption within the APAC region in comparison with the global markets? APAC’s biggest advantage is distribution. Sony, Upbit, Toss, and Mitsui & Co. Digital Commodities already have established brands, customers, and business relationships. They do not need to build an audience from zero. The challenge is turning blockchain infrastructure into a reliable and sustainable business. Regulations differ across Japan, Korea, Singapore, Hong Kong, and other markets. Companies must also integrate blockchain with existing systems and work with the appropriate providers across custody, identity, monitoring, privacy, and liquidity.
In my experience, local system integrators and trusted vendor relationships also play a major role in markets such as Japan. Technology matters, but local operational credibility often determines whether a project reaches production.
8. How will built-in interoperability for OP Chains facilitate enterprises developing in APAC? Native interoperability is still in development. Today, OP Chains rely on existing bridges and messaging solutions to connect across networks. The longer-term objective is to make participating OP Chains work more like a connected ecosystem. Assets and information could move between them more easily, allowing companies to operate dedicated infrastructure without creating completely isolated networks. This could be particularly valuable in APAC, where products often launch for a domestic market but may later seek international users, applications, and liquidity.
9. What is OP Stack’s contribution to ensuring resilience and scalability for massive institutional workloads? The OP Stack was designed for the performance, reliability, and flexibility that enterprises require as blockchain moves into production. Its modular architecture allows organizations to tailor infrastructure to their specific operational needs while continuing to benefit from Ethereum’s security and ongoing innovation.
The proof is in production. More than 50 chains run on the OP Stack today, including networks built by Sony, Uniswap, OKX, and Kraken. Rather than building and maintaining a blockchain from scratch, enterprises can deploy infrastructure that has been proven at scale, reducing technical complexity while supporting high transaction volumes and long-term growth.
10. What is Optimism’s strategy to deal with regulatory requirements for compliant financial institutions operating in Asia? Every regulated institution operates under different legal and operational requirements, and those requirements vary meaningfully across APAC jurisdictions. Rather than imposing a single deployment model, OP Enterprise gives institutions the flexibility to configure infrastructure according to their specific needs, including how the chain is operated, who controls the sequencer, and which compliance, custody, and privacy providers are integrated.
That flexibility supports institutions in meeting their own regulatory obligations in their own jurisdictions, while still benefiting from the Ethereum ecosystem’s security and innovation. Compliance decisions remain with the institution and its advisors, and the infrastructure supports a range of deployment and integration requirements.
11. How do fully self-managed tiers of OP Enterprise shape enterprise-focused blockchain strategies within the APAC region? The Self-Managed tier reflects a consistent request from large financial institutions. They want the ability to control their own blockchain infrastructure without taking on the burden of building everything themselves.
For regulated institutions, the appeal is programmable financial infrastructure that combines operational sovereignty, direct control, and dedicated engineering support. The institution decides how the infrastructure is operated, secured, and integrated with its existing systems, while drawing on proven technology underneath. For many APAC institutions, that combination is what finally moves blockchain from the innovation lab into the infrastructure roadmap.
12. What is APAC’s role in accelerating the expansion of Optimism’s network and Optimism’s network globally? APAC has become one of the strongest examples of how blockchain is evolving into enterprise infrastructure. Activity across finance, payments, consumer technology, and entertainment shows that adoption is no longer limited to crypto-native companies.
Across the region, organizations are deploying or exploring the OP Stack, OP Mainnet, and OP Enterprise. In doing so, they are helping define what enterprise adoption could look like at global scale.
Over the next twelve months, I expect the question in APAC boardrooms to shift from “should we pilot this” to “which of our products goes onchain.” The companies with distribution, regulatory discipline, and the right infrastructure partners will be best positioned to answer it.
Jihokorejská superaplikace Toss s přibližně 30 miliony registrovaných uživatelů testuje stablecoin navázaný na won na platformě Optimism OP Stack. Tříměsíční pilot má ověřit soulad s KYC, AML i ochranou soukromí na veřejném blockchainu.
Optimism says Toss is the fourth regulated financial institution in a year to pick the OP Stack, after Bitpanda, Kraken and Mitsui.
Toss, the South Korean fintech app with roughly 30 million registered users, is testing a Korean won stablecoin on Optimism's OP Stack, Optimism said on X Wednesday. The proof of concept also involves Sunnyside Labs, whose "Privacy Boost" tool is meant to shield transaction data on a public blockchain while preserving compliance access.
Optimism, the company behind the OP Stack framework used to build layer-2 networks, called the tie-up the fourth time in a year a regulated financial institution has adopted the OP Stack in a new market, following Bitpanda's Vision Chain in Europe, Kraken's Ink in the US and Mitsui's Zipangcoin in Japan.
Kyle Jenke, chief business officer at OP Labs, said the pilot is "about demonstrating that the OP Stack can meet the compliance, privacy, and performance standards that regulated financial institutions require." Toss chief business officer Q-Ha Steve Kim said the company aims "to build a highly trusted, compliant digital financial infrastructure tailored to the Korean market," using the same post.
Three-Month TestThe arrangement runs as a three-month proof of concept, according to a post from crypto researcher Jay Chan, covering whether a financial institution can manage settlement, meet KYC and anti-money-laundering requirements, and protect transaction privacy on a public chain at the same time. Toss operates over 500,000 online and offline payment networks, per a summary of Kim's comments on the deal.
Optimism's post frames the collaboration as a test rather than a commitment to launch a stablecoin.
The OP Stack already underpins Sony's Soneium, Uniswap's Unichain and OKX's X Layer, among others, giving Toss an established multi-chain ecosystem to plug into rather than building isolated infrastructure. Whether the pilot converts into a live KRW stablecoin will depend on regulatory sign-off in South Korea, which has not yet finalized its stablecoin licensing framework.
Toss uzavřel strategickou dohodu s Optimism a Sunnyside Labs na tříměsíční test infrastruktury pro stablecoin navázaný na jihokorejský won. Projekt prověří platby, compliance i ochranu soukromí na OP Stack.
South Korean financial super-app Toss has signed a strategic agreement with Optimism and Sunnyside Labs to test blockchain infrastructure for South Korean won-linked stablecoins through a three-month technology verification program.
Summary
Toss has partnered with Optimism and Sunnyside Labs to test blockchain infrastructure for South Korean won linked stablecoins over the next three months. The companies will evaluate payment settlement, compliance requirements and privacy protection using Optimism’s OP Stack and Sunnyside Labs’ Privacy Boost technology. The project will assess whether public blockchain infrastructure can meet institutional financial standards while supporting secure and scalable digital payments. According to a press release shared with crypto.news, the financial technology company will work with Ethereum layer 2 network Optimism and privacy technology developer Sunnyside Labs to examine whether blockchain infrastructure can support institutional payment systems while meeting financial regulations in South Korea. The companies will carry out a proof-of-concept (PoC) over the next three months.
Three areas under review As part of the project, the companies will evaluate whether financial institutions can directly manage payment and settlement processes, comply with customer identification and anti-money laundering requirements, and protect sensitive transaction information while operating on a public blockchain.
Those requirements form the basis of the technical assessment, with Optimism providing blockchain infrastructure through its OP Stack technology while Sunnyside Labs, one of the network’s core developers, will integrate its Privacy Boost solution to address confidentiality concerns.
Privacy Boost is designed to solve one of the key limitations of public blockchains, where transaction details and wallet balances are generally visible to network participants. According to the companies, the technology allows sensitive financial data to remain private while still enabling regulated institutions to verify transactions and maintain existing compliance standards.
The companies also said the system is built to support high transaction volumes, making it suitable for payment services that process large numbers of users simultaneously.
Toss, which serves around 30 million users and supports more than 500,000 online and offline merchants, plans to gradually expand blockchain-based experiments across its payment and platform services.
A Toss official said the project is intended to verify infrastructure that combines Ethereum’s security with a dedicated network built for local currency-based financial services while allowing interoperability with other blockchain ecosystems.
OP Stack selected for infrastructure testing At the center of the verification is OP Stack, Optimism’s modular blockchain framework that supports dedicated application-specific chains while relying on Ethereum for security and settlement. Layer 2 networks process transactions separately from Ethereum before finalising them on the main chain, helping reduce costs and improve transaction speeds.
According to Toss, the companies will examine whether OP Stack can support a blockchain-based financial network tailored for Korean digital payment services instead of relying on shared public infrastructure.
Optimism’s technology is already used by more than 30 blockchain networks, including projects developed by Sony, World Chain, Uniswap, OKX Layer, and Kraken. The company also offers institutional deployments designed to satisfy regulatory and security requirements, with regulated financial firms such as Europe’s Bitpanda already adopting the technology.
The collaboration comes weeks after Optimism completed a 4-week experiment on its OP mainnet that tested stake-based transaction ordering alongside its existing gas-fee system. The pilot explored whether staking incentives could improve transaction prioritisation without changing the experience for regular users, adding to the network’s ongoing work on blockchain infrastructure.
Optimism čelí největší zkoušce svého modelu sdílení příjmů, protože Base může omezit nebo ukončit své příspěvky do Collective. To by oslabilo financování RPGF i plánovaných buybacků OP od roku 2026.
Optimism’s grand experiment in Layer 2 economics has always rested on a simple premise: if you build on our stack, you pay rent. The OP Stack’s revenue-sharing framework, known as the Law of Chains, requires participating Superchain members to contribute the greater of 2.5% of their sequencer revenue or 15% of net sequencer profits to the Optimism Collective.
That model has historically generated an estimated $4.5 million annually for the Collective’s treasury, with the lion’s share coming from one chain in particular: Base, Coinbase’s Layer 2 juggernaut. But cracks in the arrangement are starting to show, and the implications for the OP token could be significant.
How the royalty machine works The Law of Chains was introduced in July 2023 to standardize how Superchain members share revenue with the broader Optimism ecosystem. The structure is straightforward but clever in its design. Chains pay whichever amount is larger: 2.5% of gross sequencer revenue or 15% of net sequencer profit.
For chains running lean operations with tight margins, the 15% net profit threshold kicks in. For those printing money on transaction fees, the 2.5% gross revenue floor ensures Optimism always gets its cut.
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OP Mainnet itself operates differently, contributing 100% of its net sequencer revenue to the Collective. That distinction matters because it positions the flagship chain as the ecosystem’s largest benefactor, not just another tenant.
The funds flow into two primary channels. First, they support Retroactive Public Goods Funding, or RPGF, which is Optimism’s signature initiative for rewarding builders who create value for the ecosystem after the fact. Second, governance has begun directing portions of revenue toward OP token buybacks starting in 2026.
Base’s complicated relationship with the Collective Base has been the Superchain’s revenue engine. Historical estimates pegged Base’s annual contribution to the Optimism treasury at roughly $4.5 million alone. In Q1 2026, Base’s contribution to the Collective came in at approximately $1.4 million, distributed specifically through RPGF.
That Q1 figure, annualized, would suggest around $5.6 million per year. But the context around Base’s anticipated exit from revenue sharing complicates that projection considerably. If Base moves toward greater independence from the Superchain’s financial obligations, the revenue base supporting Optimism’s public goods funding and token buyback programs shrinks materially.
The OP token and market implications For OP holders, the revenue-sharing framework creates a direct link between Superchain adoption and token value. More chains building on the OP Stack means more sequencer revenue flowing to the Collective, which in turn funds buybacks and ecosystem development.
The governance decision to begin directing revenues toward OP token buybacks in 2026 is particularly notable. The Law of Chains isn’t enforced by smart contracts at the protocol level. It’s a governance framework, which means compliance is ultimately a function of incentive alignment rather than immutable code.
Investors watching this space should track two metrics closely. First, the number of new chains joining the Superchain and their aggregate sequencer revenue growth. Second, whether existing large contributors like Base maintain their financial commitments or negotiate alternative arrangements.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ripple získal v Evropě předběžné schválení podle MiCA pro regulované krypto platební služby. Zároveň Binance hlásí už sedm dní v řadě převahu výběrů XRP nad vklady.
For months, XRP holders have watched price action struggle to gain meaningful traction. Yet beneath the surface, two developments are quietly reshaping the conversation around the asset. The latest XRP news centers on Ripple securing preliminary MiCA approval in Europe and a notable shift in Binance transaction behavior that has persisted for an entire week.
Neither event guarantees a price reversal. Still, both point toward growing institutional relevance and changing user behavior at a time when market participants have been searching for reasons to turn constructive.
Ripple Gets Europe’s Regulatory Green LightRipple announced that it has received preliminary MiCA approval to offer regulated crypto payment services across Europe. The approval effectively moves the company closer to legally providing crypto and stablecoin-based payment infrastructure to banks and businesses throughout the European Union.
MiCA is widely viewed as one of the most comprehensive crypto regulatory frameworks globally. According to details shared around the announcement, regulators issued Ripple a “green light letter,” indicating the company has met major requirements while final conditions remain before a full license is granted.
For Ripple, the implications extend beyond compliance. The approval opens the door for broader adoption of its payment technology, including RLUSD, among institutions seeking regulated cross-border settlement solutions.
Institutions Could Finally Join The NetworkThe significance of the development lies in accessibility. European banks and businesses may eventually gain a compliant pathway to use Ripple’s infrastructure for international payments. In an industry often slowed by regulatory uncertainty, obtaining preliminary approval under MiCA provides an important credibility boost.
More importantly, it strengthens the long-term utility narrative surrounding the broader XRP ecosystem. While traders often focus on daily price fluctuations, infrastructure milestones tend to have a longer shelf life than short-lived market hype.
Binance Data Shows A Curious ShiftAt the same time, on-chain activity is telling an interesting story. According to CryptoQuant data shared by Amr Taha, XRP withdrawal transactions on Binance have dominated deposit transactions for seven consecutive days since June 17. On June 23, withdrawals accounted for 53.8% of transaction activity, the highest level recorded since June 2024.
Meanwhile, deposit transactions fell to 46.1%, marking their lowest reading since 2024. The result is a 7.7 percentage-point gap favoring withdrawals.
It’s important to note that this metric tracks the share of transactions rather than the dollar value of XRP being moved. Even so, the persistence of withdrawal dominance stands out because it reflects a sustained behavioral shift rather than a one-day anomaly.
Why XRP Holders Are Paying AttentionMarkets rarely move on a single catalyst. However, a combination of expanding regulatory legitimacy and consistent withdrawal activity is enough to keep investors watching closely.
The XRP price may not be reflecting that optimism yet, but the latest XRP news suggests that adoption and network behavior are moving in a direction many long-term participants would prefer. Whether that ultimately translates into a stronger trend remains the question traders will be monitoring in the weeks ahead.
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Ink přechází na Optimism OP Enterprise Fully Managed v rámci víceleté smlouvy, přičemž Optimism bude provozovat jeho produkční infrastrukturu. Ink zároveň slouží jako design partner pro OP Enterprise.
Ink, a Kraken-incubated Ethereum Layer 2 built on the OP Stack, is upgrading to Optimism's OP Enterprise Fully Managed under a multi-year deal, the projects said Wednesday.
Under the deal, Optimism will operate Ink's production infrastructure while the Ink Foundation focuses on ecosystem growth and new financial products. In a statement shared exclusively with The Block, Optimism said the arrangement is one of the first instances of a major Layer 2 delegating infrastructure operations to a managed provider.
Launched in December 2024, Ink said it processed more than 1 million transactions in the first 24 hours after its mainnet went live, and applications built on the network now generate close to $40 million in annual revenue.
Ink signs on as OP Enterprise design partner Ink will also serve as a design partner for OP Enterprise, Optimism's infrastructure offering for institutions and exchanges building onchain financial products. The roadmap includes programmable block building, one-day withdrawals to Ethereum, and sequencer-level compliance tooling, alongside performance targets of 400 megagas per second in guaranteed throughput and block times as low as 100 milliseconds by the end of 2026.
"Programmable financial infrastructure is becoming the foundation of how institutions build onchain, but operating that infrastructure requires a different set of expertise," Optimism CEO Jing Wang said in the statement. "By working together, the Ink Foundation can focus on growing the ecosystem while Optimism focuses on operating and improving the network."
Ink Foundation Head of Strategy Zach Le said running a blockchain in production is a "unique operational challenge" and that the foundation chose Optimism to operate the network because it built the stack Ink runs on. "The next phase of onchain finance demands a chain operated by those with the technical depth to prioritize reliability and security in everything they do," Le said.
Ink's move follows the launch of Bitpanda's Vision Chain, the first network deployed on OP Enterprise Fully Managed earlier this year. Optimism said adding Ink expands the managed tier to exchange-linked blockchain networks in the U.S. and Europe.
The deal also lands as usage across major optimistic rollups has pulled back from 2025 highs, with active addresses down from nearly 3 million a year ago to under 600,000 in recent weeks, according to The Block's data dashboard.
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API3 spustila svůj Oracle Stack na Mode a Fraxtal a oznámila podporu World Chain při jejím spuštění. Cílem je zjednodušit integraci dat a dát vývojářům na Superchainu okamžitý přístup k bezpečným decentralizovaným datům.
API3, a pioneer in blockchain oracle solutions, is setting the stage for significant advancements within the Optimism Superchain ecosystem. API3 is crucial in scaling a cryptographically secure on-chain economy that maximizes value for all participants by enhancing data integration and scalability with its innovative Oracle Stack.
Optimism expanded Ethereum’s scalability in the past year by introducing the Superchain thesis. This new framework facilitates growth and adoption by enabling teams to build on the OP Stack and contribute to the OP Collective, which aims to pool revenue to fund public goods and move global adoption forward.
Within the Superchain ecosystem, oracles are indispensable as they provide the necessary data and tooling to scale new chains. API3’s Oracle Stack simplifies data integration, reducing technical barriers and enabling developers to focus more on building their applications and less on dealing with infrastructure challenges.
The API3 Oracle Stack includes decentralized data feeds from the API3 Market, QRNG for generating truly random numbers on-chain, and the OEV Network to recapture protocol MEV. These components are designed to meet the demands of Superchain builders for easy integration and scalability.
API3’s integration with new chains grants them immediate access to secure and decentralized data, which is vital for applications requiring real-time data, such as lending protocols and perpetual exchanges. This streamlining of Oracle services to new networks is critical as it allows developers to move quickly from concept to production without requiring extensive code changes or infrastructure management.
Key Examples and Adoption Base, a prominent example within the Superchain ecosystem, has more than doubled its total active users to over 9 million this year. The Total Value Locked has also tripled since the beginning of the year, crossing over $1.7 billion. Exiled Racers, a project on Base, uses API3’s QRNG to generate random events for their on-chain races. API3 has recently launched its Oracle Stack on Mode and Fraxtal, with Mode amassing over $500 million TVL and a strong DeFi ecosystem. Fraxtal, developed by Frax Finance, has gained early support from prominent DeFi partners and is poised to become a leading network for developing complex financial protocols.
Looking ahead, API3 has announced that they will support World Chain at its launch later this summer. World Chain aims to leverage proof of personhood to offer verified users priority transactions and gas allowances. Protocols on World Chain will be able to utilize API3’s verifiable, decentralized data feeds, which will be integrated with the OEV Network to enhance protocol performance.
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Gelato Network spustila Lisk L2 Developer Mainnet na Optimism a Lisk se tím připojuje k Superchainu. Cílem je lepší interoperabilita a sdílená infrastruktura pro dApps.
Gelato Network, renowned for its roll-up as a service platform within the Web3 space, has announced a significant milestone with the launch of the Lisk L2 Developer Mainnet. This development marks a pivotal moment for Gelato, as it continues to broaden its scope and enhance its offerings in the decentralized ecosystem.
The Lisk L2 Developer Mainnet is not just another layer; it’s part of Gelato’s strategic initiative to integrate more deeply with the Optimism network, heralding a new era of interoperability and efficiency in blockchain technology.
Driving Innovation and Interoperability in Web3 During the initial Devnet phase, Gelato facilitated the deployment of essential infrastructure components such as bridges, decentralized exchanges (DEXs), and applications in preparation for the public mainnet launch. This phase was critical in ensuring that Lisk L2 could seamlessly integrate into the Optimism collective known as the Superchain.
This integration is aimed at enhancing sequencer revenue and contributing to a unified network of rollups that promise to revolutionize the way developers and applications interact across the blockchain.
The transition of Lisk Devnet to become the first Layer 1 blockchain migrating to Optimism’s network underscores a significant advancement in the blockchain domain. This move leverages Optimism’s OP Stack, which is designed to foster a unifying framework for rollups, enhancing communication, security, and governance across the network.
The Superchain, which now includes Lisk among its 13+ chain integrations, supports asset bridging without fragmentation, shared governance under the OP Collective, and a robust security model that benefits all participating chains.
Moreover, the Gelato network has expanded its ecosystem to include over 17 infrastructure providers, enriching the chain’s environment with diverse services. These providers range from Web3 functionalities like Across Fi for bridging, RedStone oracles for reliable data feeds, to user interface solutions such as Protofire Safe UI and comprehensive analytics from Goldskyio indexers.
Lisk L2 ⛓️ Developer Mainnet is LIVE On 🟠 Gelato
During the @LiskHQ Devnet phase, bridges, DEXs, & Apps deploy in preparation for the public mainnet launch
In this phase, Lisk L2 joins the Superchain by contributing sequencer revenue towards the @optimism collective ↓ pic.twitter.com/QHKoUE69jU
— Gelato (@gelatonetwork) June 6, 2024 This robust infrastructure supports a wide array of applications and developers, including notable entities like Velodrome, Thirdweb, and the Secret Network, enhancing the developer experience (DevEx) through improved interoperability and feature-rich capabilities.
The growth metrics from Lisk’s Q1 performance further illustrate the impact of these developments. Since the testnet’s inception, over 32,000 wallets have been created, facilitating more than 10,000 contracts and driving daily transactions to exceed 43,000. In total, the testnet has processed over 6.3 million transactions, a testament to the platform’s scalability and the robust demand for its services.
Gelato’s integration with the Optimism collective and the consequent launch of the Lisk L2 Developer Mainnet are not merely technical upgrades but are pivotal in shaping the future landscape of decentralized finance (DeFi) and decentralized applications (dApps).
By enabling seamless cross-chain functionality and fostering a collaborative environment under the OP Collective governance, Gelato is setting new standards in the blockchain space, driving innovation, and simplifying the complexities of decentralized networks.
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DeFi protokoly Sonne Finance a ALEX Lab byly zasaženy samostatnými hacky a dohromady přišly o více než 24,5 milionu USD. Sonne Finance ztratila 20 milionů USD, ALEX Lab přes 4 miliony USD.
At least two DeFi projects were targeted by significant exploits in the early hours of today, resulting in millions of dollars in losses.
Sonne Finance exploitedDecentralized liquidity provider Sonne Finance fell victim to a $20 million exploit on its Optimism network-based USDC and Wrapped Ethereum (WETH) contracts, according to blockchain security firm Cyvers.
In a May 15 statement, the DeFi protocol confirmed the incident and attributed the exploit to a donation attack on its Compound v2 forks. It stated:
“We avoided the issue in the past, by adding the markets with 0% collateral factors, adding collateral and burn them, only then increase the c-factors according to the proposals.”
However, an integration attempt of VELO into the Optimism market allowed the attacker to exploit the protocol unnoticed, resulting in the loss.
Meanwhile, security experts prevented an additional $6.5 million theft by injecting $100 VELO as collateral into the soVELO pool.
Sonne Finance has expressed readiness to offer a bounty to the attacker as efforts to recover the funds continue.
Following the theft, the price of SONNE, a digital asset connected to the project, fell by more than 60% to $0.02617 as of press time.
Bitcoin DeFi project lose over $4 millionALEX Lab, a Bitcoin DeFi application, lost over $4 million in various tokens to a hacking incident earlier today.
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Blockchain security firm CertiK reported that the attackers likely gained access to the private key controlling ALEX's XLink bridge. This service enables users to transfer tokens across different blockchains.
The hacker successfully moved approximately $300,000 worth of BTC, $3.3 million in stablecoins, and $75,000 of Sugar Kingdom tokens.
ALEX Lab developers confirmed the hack and asserted that they had identified the attacker. The team also stated:
“A significant amount of the funds associated with the hacker has been frozen by major exchanges, preventing further misuse.”
Nevertheless, the project offered a 10% bounty to the hacker, adding that:
“ALEX assures that upon compliance, there will be no further pursuit or law enforcement involvement. This offer stands until 18 May at 0800 UTC. The individual responsible should contact [email protected].”
GMX a Gains Network předložily návrhy na integraci do připravovaného perpetuals marketplace Kwenta. Cílem je rozšířit likviditu a nabídnout uživatelům více trhů na Arbitrum.
Grand Cayman, Cayman Islands, July 9th, 2024, Chainwire
In a step forward for the derivatives ecosystem on Arbitrum, two prominent DeFi projects, GMX and Gains Network, have unveiled bids to integrate their platforms into Kwenta’s upcoming perpetuals marketplace. Kwenta, the leading perpetual futures exchange on Optimism, expanded its reach earlier this year by launching the Base network, reflecting a larger plan to connect derivatives liquidity across multiple chains. This announcement follows the recent approval of a grant from the Arbitrum DAO aimed at supporting Kwenta’s initial expansion to the Arbitrum network.
Product Offerings from GMX and Gains Network Table of Contents
Product Offerings from GMX and Gains NetworkStrengthening the Arbitrum EcosystemLooking AheadAbout KwentaContact GMX and Gains Network have submitted their proposals to integrate their liquidity into Kwenta’s platform. These integrations aim to enhance the trading experience for Kwenta users by providing access to additional markets and liquidity, while taking advantage of Kwenta’s UX-focused roadmap, which includes allowing traders to log in with traditional web2 credentials and sponsoring gasless transactions.
GMX v2, Arbitrum’s flagship perpetual futures AMM (Automated Market Maker), built on the initial success of their v1 product by being the first to integrate Chainlink Data Streams, a low latency product from the leading oracle provider aimed at high-performance applications. The lower fees and wider selection of markets available on GMX v2 allowed the offering to quickly grow in popularity with onchain traders.
Gains Network, known for its gTrade platform, offers a wide variety of trading pairs, including cryptocurrencies, forex, and commodities, supported by their decentralized oracle network. Gains Network’s innovative approach to perpetual futures provides traders access to up to 150x leverage on a growing list of nearly 200 markets.
Strengthening the Arbitrum Ecosystem The integration of GMX and Gains Network into Kwenta’s perpetuals marketplace is expected to drive growth in the onchain perpetuals space by allowing users to easily access advanced DeFi products from Kwenta’s easy-to-use UX layer. While retail-focused applications have made huge steps forward in allowing users to quickly access the best prices for token swaps and bridging, onchain leverage has remained a complex product for more sophisticated DeFi enthusiasts.
This strategic expansion brings Arbitrum’s most popular derivatives trading venues under a single platform, providing a simple and familiar experience for traders new to onchain products. Kwenta’s roadmap promises to build on these quality of life features, allowing users to interact with multiple protocols in a single application.
Looking Ahead Kwenta is currently inviting community feedback on these proposals as it moves towards finalizing its perpetuals marketplace. The potential integrations with GMX and Gains Network align with Kwenta’s mission to provide a superior decentralized trading experience. With these developments, Kwenta is aims to become a leading venue for DeFi derivatives trading on Arbitrum.
About Kwenta Kwenta is an onchain derivatives marketplace on Optimism, Base, and Arbitrum. The platform offers easy-to-use tools to access deep liquidity and low fees onchain, while users retain full custody of their funds. With over $50 billion in trading volume through its community-governed platform, Kwenta is committed to developing tools that bring DeFi to everyone.
For more details, users can follow Kwenta’s governance discussion channels on Discord.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
League of Kingdoms spouští Arena-Z, novou blockchainovou herní platformu Layer 2 na AZ Chain, vytvořenou ve spolupráci s Optimismem na Superchainu. Hra i její kolekce NFT se přesouvají z Polygonu na AZ Chain kvůli rychlejším transakcím a nižším poplatkům.
The world’s first blockchain MMORTS game, League of Kingdoms, has announced the launch of Arena-Z, a brand-new blockchain chain and gaming platform tailored specifically for Web3 gaming. AZ Chain is a Layer 2 solution created in partnership with Optimism and built on the Superchain to improve scalability and gaming performance.
As a part of the Superchain collective, AZ Chain guarantees complete EVM compatibility while providing fast transaction speeds, short block times, and low fees. This infrastructure facilitates a smooth user experience and fosters an expanding developer and players community. With this platform, the blockchain gaming community will have more earnings opportunities and a future free of gas.
In order to provide a solid basis for Arena-Z’s Web3 gaming activities, League of Kingdoms will also be migrated to the AZ Chain. This move will capitalize on the game’s four years of sustainable operation, millions of players, and multi-million NFT transactions. In order to expand the selection of digital assets accessible to players, League of Kingdoms’ well-liked NFT collections are being transitioned from Polygon to AZ Chain as part of this shift.
Arena-Z provides development tools including SDKs and APIs, community building, marketing assistance, and grants in addition to incubating and assisting new Web3 gaming studios. This initiative is a component of a larger endeavor to promote development and innovation in the blockchain gaming industry.
With its Plug & Play Web 2.5 SDK and marketplace SDK, which simplify the integration and introduction of unique gaming NFT marketplaces for developers, Arena-Z is a leader in technological innovation. For mainstream gamers, the platform’s native payment gateway, on/off ramps, and Web 2.5 game portals streamline the onboarding process. Arena-Z ensures quick performance with their AZ Chain, attaining 2-second block timings, 293 transactions per second capacity, and less than $0.01 in transaction fees.
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