Optimism
OP$0.1275
Market Cap
$270.07M
Volume 24h
$48.95M
Vol / Market Cap
18.13%
Rank
#28
OP Price Chart
Optimism is a Layer 2 scaling solution for Ethereum based on optimistic rollups.
Optimism is an Ethereum Layer 2 network based on optimistic rollups that improves scalability and lowers transaction fees for decentralized applications.
A Layer 2 network for Ethereum that prioritizes simplicity and cost-effectiveness. Like Arbitrum, it uses Optimistic Rollups to reduce the data load on the main Ethereum chain, making dApps faster for the end user.
Public Goods Scaling: Used for governance of the Optimism network, with a focus on funding open-source development and public goods through its transaction revenue.
Public Good Funding: An Ethereum Layer 2 that uses its fee revenue to fund "Public Goods" (open-source projects). The token is used for governance of the "Optimism Collective" and its dual-house voting system.
Complexity of the "Superchain" vision leads to liquidity fragmentation across dozens of interconnected rollups.
