Welcome back to the Optimism Weekly Overview.
We’re creating the best place for the community to get up to speed on the chain’s latest updates, metrics and releases as well as the Superchain ecosystem developments, insights and more – all in one place.
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Superchain Ecosystem Numbers
DeFi total value locked (TVL) across Superchain: $3.19B (-6.1%)
Assets onchain: $14.08B (-6.6%)
Daily average transaction volume: 7.91M (+7.47%)
Base: 5.71M (-2.73%)
OP Mainnet: 821.27K (+6.11%)
World Chain: 452.31K (+1,088%)
Kroma: 202.77K (+320.68%)
SwanChain: 197.96K (+50.52%)
Revenue-generating deployers on:
Base: 4,622 (+4.74%)
Zora: 186 (+3.91%)
OP Mainnet: 1,142 (+1.69%)
Superchains: 5,321 (+4.27%)
OP Mainnet: 23,252 ETH
Base: 126,780 ETH
Zora: 5,357 ETH
Compared to Ethereum, L2 Superchain users saved a total of 155,389 ETH, or $407.94M on txn fees this week.
The percentages and metrics are pulled from OPLabs data on Dune and are calculated from its change over a 7-day time frame, unless noted otherwise.
Spotlight on Optimism’s Superchain
Highlighting some of the biggest updates on Optimism’s Superchain this week.
🔴 What’s happening: Sam Altman’s crypto project Worldcoin has rebranded to World during a keynote for its human-centric Layer-2 blockchain, World Chain, which is built on the OP Stack.
The team also announced the launch of its mainnet and other key features, which will be discussed below.
🔴 Why it matters: World’s rebrand can be seen as the project’s efforts to unify its suite of products under a single ecosystem, rather than being limited to a single blockchain. World aims to tackle the growing issue of bot activity across onchain protocols through the development of World Chain, which prioritizes verifying human interactions, and World ID, an app that enables users to confirm their humanity.
Traditionally, mainnet launches are a crucial milestone for a network as they signal the transition from testing to production readiness. This can potentially spark interest from developers and users looking to engage with the network. And World Chain’s mainnet launch is no exception. In the keynote, the team shared that the network saw 15 million users verify their identities and migrate from OP Mainnet, as well as 150 million total transactions during its testnet phase.
The network also announced it will implement Priority Blockspace for Humans (PBH), enabling verified users to execute transactions with priority to create a frictionless user experience. PBH is designed to inspect transactions to ensure that ordinary users aren’t unfairly disadvantaged by automated systems. This aligns with World’s initiative to preserve onchain human engagement.
🔴 What it means for the broader ecosystem: Since World Chain is a part of the Superchain ecosystem, Optimism gets a share of the revenue generated by the chain. That revenue then goes back to funding open source development and other improvements to the network, benefitting builders and users alike. This economic model can provide the Superchain ecosystem the ability to scale Ethereum’s tech, via the OP Stack, and its values as a self-sustaining network.
If World Chain can successfully maintain and promote real human interactions and cut through the noise of bots dominating the chain, it can pave the way for greater adoption of blockchain technology.
What’s poppin’ on the Superchain
👤Total number of weekly active addresses by chain:
Base: 7.08M
OP Mainnet: 413.07K
Zora: 117.78K
Mode Network: 36.67K
A contributor to the Optimism Collective Hamdi Allam showcased the use case of Supersim, a tool for developers to experiment with building interoperable apps, in a game demo
Velodrome and Hyperlane announced they will launch “Superlane”, an interoperability layer aimed to make Superchain Interoperability more shared
Gelato implemented OP Succinct to its Rollup-as-a-Service platform
Base hit $2.53B in TVL and 6.66M daily transactions, all-time highs for the network (shown below)
Source: DefiLlama
From the Optimism Collective
Highlighting the companies, communities and citizens bound to the Optimism Collective.
Mode implemented a vote escrow model for community members to participate in Season 3 of its rewards campaign
X user filter8_tez created a thread sharing their experience on the Shape network
learnOnchain launched its Base-centric learning management platform
Optimism released details about its Retro Funding 5 campaign - catch the live stream here to learn more
Making headlines
The First Layer-2 That Repays Your Debt - David Iach (Superchain Eco)
Lido's stETH Joins wstETH on OP Mainnet (Lido Blog)
Sam Altman-backed Worldcoin project launches mainnet blockchain following a rebrand (The Block)
Get into the OP Stack
Want to dive into the ecosystem full-time? Find the latest job postings here or get involved at an event below.
The Uniswap Foundation is hosting Uniday, an event for Unichain ecosystem members, on Nov. 11 in Bangkok, Thailand
Sony’s L2 Soneium opened its Discord for community members to collaborate with others in the ecosystem
If you’re interested in getting hands on with Supersim, tune in to this 101 training session on October 23rd
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.