optimism

According to BBX data, yesterday global publicly listed companies in the U.S. stock market and mainstream financial institutions disclosed the latest developments in the disposal of crypto asset treasury, corporate governance accountability, and Layer 2 security tokenization cooperation. The core information is as follows:Shareholder Bastion Trading, holding approximately 9.99% of SkyAI shares, issued a statement pressuring for accountability regarding the liquidation of SOL and demanding a board restructuring: Major shareholder Bastion Trading, which holds approximately 9.99% of the NASDAQ-listed company SkyAI (NASDAQ: $SKYA), officially released a statement requesting that SkyAI's Executive Chairman Paul K. Danner III and three directors Soren Bo Christiansen, Timothy J. Ruemler, and Jason L. Monroe publicly explain their specific roles in evaluating, approving the takeover offer, and overseeing the complete liquidation of SOL, including who authorized and supervised the liquidation, reviewed the timing of the transaction, execution methods, counterparties, and transaction costs.Meritz Securities of South Korea signs MOU with Optimism Foundation to explore tokenized financial asset clearing based on OP Stack: South Korea's mainstream financial institution Meritz Securities announced the signing of a memorandum of understanding (MOU) with the Optimism Foundation. The two parties will jointly study the issuance, clearing, and distribution framework of tokenized financial assets based on OP Mainnet and other OP Stack networks, deeply exploring the commercial viability of using Ethereum public Layer 2 as a financial-grade distribution and clearing infrastructure. Meritz Securities stated that it will focus on exploring tokenized financial products based on high-quality local assets within the legal and licensing compliance framework, and will promote implementation in conjunction with the progress of South Korea's security token offering (STO) regulations. Previously, KB Securities and DB Securities in South Korea have also successively accessed the OP Stack ecosystem to explore related tokenization businesses.

According to monitoring data from Arkham, a certain whale has accumulated 3 million OP in the past two weeks, with a holding value of approximately 3.855 million USD and an average purchase price of 1.285 USD, suspected to be betting on the upcoming recovery of the L2 track.As 2026 is about to end, Optimism's revenue is just slightly above 3 million USD, a year-on-year decrease of about 83.3%. Analysts believe that the significant decline in revenue may have led to Optimism currently having limited funds, which is why it has not yet been able to execute the previously approved OP buyback plan.

According to the official announcement, Binance will suspend the deposit and withdrawal of USDT tokens on the Optimism network on September 17, 2026, at 02:00 (UTC) to support its contract replacement. The replacement ratio is 1:1, with the new token being USDT0 and the old token being renamed to OPUSDTE.Spot, leverage, futures trading, and Binance Earn services will not be affected.

According to Blockaid monitoring, it has detected that the DeFi risk management protocol Cozy on Optimism has been attacked, resulting in a loss of approximately $170,000.

Optimism governance has approved a proposal to transfer 546.9 million OP tokens (valued at approximately $49.7 million at the time of voting) originally reserved for future user airdrops to a strategic ecosystem fund managed by the Optimism Foundation. This move cancels the remaining dedicated airdrop pool and authorizes the foundation to use the tokens for collaborative transactions, incentives, and other initiatives to promote the growth of OP Mainnet and OP Enterprise. The proposal clearly states that there are currently no additional airdrop plans, and the tokens distributed in Airdrop 1 to 5 are unaffected.On-chain voting ultimately passed with 17.974 million OP in support and 10.931 million against. The core development team Test in Prod cast 8.486 million OP in favor about 17 minutes before the end of voting, raising the support rate from 45.77% to 61.84%; without that vote, the support rate would have been only 46.47%. The team claims to be fully funded by the Optimism Collective and has been involved in the development of OP Stack execution clients, network upgrades, and fault proofs since 2022.The Foundation stated that it has distributed 269.1 million OP through five airdrops, but broad user acquisition no longer aligns with the current institutional strategy. The new fund can support transactions related to chains, protocols, institutions, and infrastructure, as well as incentives for OP Mainnet activities and liquidity. Some representatives believe the authorization is too broad, and the L2BEAT governance team is calling for clearer deployment expectations, evaluation methods, and success criteria. The foundation will update public token accounting and disclose cumulative deployment status in the annual budget report.

According to CoinDesk, a governance proposal from the Optimism community has been approved, reallocating 546.9 million OP tokens originally planned for user airdrops to the "Strategic Ecosystem Fund" managed by the Optimism Foundation, sparking discussions in the community about governance transparency and user rights. The OP tokens involved account for approximately 12.7% of the total supply, valued at about $49.7 million at current prices.The Optimism Foundation stated that as the ecological strategy shifts towards institutional adoption and corporate partnerships, large-scale user airdrops are no longer fully aligned with the current development direction. Unused tokens can be utilized for ecosystem incentives, partnership building, and enterprise-level project expansion. The final vote resulted in 17.974 million OP in support and 10.931 million OP against the proposal.A key turning point occurred 16 minutes and 52 seconds before the voting ended, when the Optimism core development team Test in Prod (delegate.testinprod-io.eth) cast 8.486 million OP in support, raising the approval rate from 45.77% to 61.84%, ultimately pushing the proposal through.If the vote from Test in Prod were excluded, the support rate for the proposal would only be 46.47%, which would not have passed, and the related tokens might have remained in the user allocation pool. The Optimism Foundation previously committed to disclosing the cumulative usage of the fund and related results through an annual budget report. This vote has also reignited discussions about the influence of "large delegated voting rights" in DAO governance and the balance of rights for token holders.

According to The Block, White House digital asset advisor Patrick Witt expressed that he is "truly optimistic and bullish" about the CLARITY Act, the U.S. crypto market structure bill, ultimately becoming law, despite renewed controversies surrounding stablecoins. The bill spans over 600 pages, and the Senate is currently in recess until mid-September, with Republican leader John Thune scheduling a procedural vote requiring 60 votes on September 15 to advance the discussion.Witt stated that the White House will communicate with Democratic lawmakers to bridge the gaps. The main points of contention include issues related to stablecoin rewards and yields. Previously, the Alsobrooks-Tillis compromise proposal prohibited purely holding rewards while allowing rewards for trading or payment scenarios. Senate Banking Committee Chairman Tim Scott indicated that further discussion is needed; another focal point is the conflict of interest and ethical provisions related to Trump's crypto business interests, with Democrats seeking stricter rules. Trump had previously agreed to some restrictions and set sunset clauses, and is currently reviewing additional Gallego-Tillis proposals.

EtherFi announced that the existing lending infrastructure of EtherFi Cash can no longer meet development needs. A dedicated Aave V4 instance is currently being deployed on the Optimism chain to support the credit card backend.EtherFi Cash currently has an active loan amount of 22 million USD, and it is expected that the lending capacity will reach 500 million USD by 2027. There are already 70,000 cardholders using cryptocurrency for consumption without the need to sell their cryptocurrency.

According to on-chain data, Optimism has not conducted any buybacks after completing the second and third rounds of monthly community buybacks in March and April. In March, 367.905 ETH was used to buy back 6.951453 million OP, and in April, 50.16 ETH was used to buy back 0.925654 million OP. As of now, a total of 9.451924 million OP has been repurchased.

According to The Block, research firm Bernstein reaffirmed its "Outperform" rating and maintained a target price of $140 after Circle announced its Q2 2026 financial results, believing that the company's latest performance constitutes a "reverse validation" of the market's bearish views. Bernstein analysts stated that the market currently underestimates USDC's long-term growth potential and Circle's advantages in distribution channels, liquidity, and regulatory compliance, due to two major core concerns regarding Circle—intensifying competition in stablecoins and changes in the interest rate environment that may affect reserve income.Investors may not have fully accounted for the future revenue opportunities from transaction fees, partner ecosystems, and the Arc blockchain that Circle could generate. The firm specifically pointed out that several infrastructure initiatives recently advanced by Circle, including obtaining a national trust bank license in the U.S., expanding the Circle Payments Network, and the planned launch of the Arc public chain mainnet on September 16, could all become future growth drivers. Additionally, Bernstein noted that Circle has raised its guidance for other revenues and profit margins after deducting distribution costs for 2026, expecting to confirm approximately $180 million in Arc token presale revenue.Analysts believe that future staking yields, gas fees, and ecosystem partnership revenues from Arc have not been fully reflected in current valuation expectations. As of the end of Q2, the circulating supply of USDC was $73.3 billion, a decrease of 5% from the previous quarter but an increase of 19% year-over-year. Bernstein believes that Circle is shifting from a purely crypto trading infrastructure to payments, real-world asset (RWA) tokenization, and broader financial infrastructure, which will drive USDC into the next phase of growth. Circle's stock closed at $63.28 on Wednesday, and Bernstein's target price of $140 implies a potential upside of about 121%.

The Optimism Foundation released its fifth annual budget update and outlook (from May 2026 to April 2027). According to the foundation's forecast, the circulating supply of OP will increase from the current approximately 2.161 billion to about 2.504 billion, accounting for 58.3% of the total supply, meaning that approximately 343 million OP will enter circulation during this period.By category, it is expected that the ecological fund will add 200 million in circulation, early core contributors 47.6 million, investors 15.3 million, governance fund 10 million, and both airdrops and Retro Funding will be zero. The foundation stated that the relevant tokens all come from the initial allocation framework and no new token allocation has been requested; this update is solely for the purpose of increasing transparency.Token deployment will continue to focus on the two strategic goals of OP mainnet growth and acquiring OP Enterprise corporate clients. Looking back at the fourth year, Optimism committed approximately 150 million OP in new expenditures, a decrease of about one-third compared to the third year; OP Enterprise went live in January 2026, with early clients including Bitpanda, Ink, Dunamu, and Ether.fi; the monthly transaction volume on the OP mainnet grew by over 60% during this period; the governance layer has approved a 12-month buyback plan that will use up to 50% of Superchain revenue for monthly OP buybacks, and over 9 million have been repurchased so far.

South Korean fintech company Toss announced a partnership with Optimism and Sunnyside Labs to jointly explore a stablecoin pegged to the Korean won.In the coming months, the three parties will conduct a proof of concept (PoC) test to assess the feasibility of building compliant blockchain digital financial infrastructure based on the OP Stack, providing technical validation for applications related to the Korean won stablecoin.

Curve Finance announced that its lending product LlamaLend V2 has officially launched on the Ethereum Layer 2 network Optimism. Users can engage in borrowing, lending, or circular leverage operations in the isolated market based on the Curve LLAMMA mechanism. It is reported that this upgrade will open a new market and distribute OP rewards to eligible users through Merkl.

According to The Block, Curve Finance has launched the lending protocol Llamalend v2 on Optimism as the first phase of its major upgrade, with plans to deploy it to the Ethereum mainnet in the second half of this year.Llamalend v2 removes the restriction of only supporting crvUSD, allowing for almost any collateral to be combined with lending assets, and introduces LlamaRisk as the market auditor responsible for evaluating new collateral and managing the market lifecycle.Users can use Curve LP tokens as collateral, allowing them to lend funds while maintaining market-making exposure, thereby improving capital efficiency. The launch on Optimism received a subsidy of 250,000 OP (approximately $50,000) provided by the Optimism Foundation, which will be used for liquidity and activity incentives over the next two months. Initially, the lending limit will be zero, only allowing for lending, and the lending limit will be determined through a seven-day DAO vote, with full functionality expected to gradually open from June 16.

According to official news from Optimism, the OP mainnet has adjusted its transaction sorting rules for the first time starting today. For many years, the sorter only used the "highest priority Gas fee first" mechanism, and now a new priority sorting option based on staking has been added.This experiment will last for four weeks (until June 23) and was approved by the Optimism governance body earlier this month, allowing users to participate voluntarily. The participation condition is to stake no less than 100,000 OP to the PolicyEngine Staking contract.The experiment will be conducted in two phases: the first phase (Week 1) will use FIFO (first in, first out) sorting, and exceeding the minimum staking amount will not affect priority; the second phase (Weeks 2-4) will change to a priority Gas multiplier mechanism weighted by staking duration, where the longer the staking time, the higher the priority.The transaction sorting rules for users who do not participate in the experiment will remain unchanged, and the PGA mechanism will continue to operate as usual.

The DeFi lending protocol Alchemix announced the completion of its cross-chain infrastructure update. The old alUSD / alETH cross-chain bridge on Optimism and Arbitrum has officially been taken offline and replaced with a new cross-chain bridge compatible with v3 alchemist.Alchemix disclosed that it has synchronized the DVN (cross-chain transaction validation) configuration, maintaining a 2/3 multi-signature confirmation mechanism for cross-chain transactions, while introducing Deutsche Telekom as a validation service provider to enhance the reliability of the cross-chain validation infrastructure.

According to analyst Alicharts, the estimated leverage ratio of Bitcoin on major futures exchanges has risen to about 0.26, the highest level in nearly a year, surpassing the peak in October 2025, reflecting a significant increase in traders' risk appetite.Alicharts stated that this data indicates investors are using leverage extensively and are optimistic about the continuation of Bitcoin's upward trend, showing the market's optimistic expectations for the next wave of market movements.

Crypto journalist Eleanor Terrett reported that the financial disclosures of Federal Reserve Chair nominee Waller show that he holds early-stage investments through employment-related investment vehicles, covering a wide range of areas, including some crypto infrastructure projects. The projects involved include: Compound (decentralized lending protocol), Optimism and Blast (Ethereum Layer 2 network), as well as Solana, in addition to trading infrastructure, crypto investment firms, and platforms in various fields such as artificial intelligence and biotechnology. These holdings appear to be relatively small, with poor liquidity, and have not generated reportable income, indicating a preference for indirect venture capital-style exposure rather than direct, tradable liquid assets.

Due to the migration of the top decentralized application Ether.fi to Optimism, the Ethereum Layer-2 network Scroll has experienced a significant loss of funds, resulting in a total value locked (TVL) decrease of approximately $160 million and an annual fee loss of about $13 million.Scroll stated that it will propose a plan to dissolve the decentralized security committee and reduce DAO members to lower operational costs, with network control being handed over to the internal team. Additionally, Scroll briefly raised network gas fees by 1,280 times after the protocol migration, causing users to pay over $50,000 in extra fees, but it has since returned to normal. After this adjustment, Scroll's TVL has dropped to approximately $23 million. The official statement claims that all contract changes will remain transparent and verifiable on-chain.