Optimism

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Optimism Overview

What is Optimism?

Optimism is a fast, stable, and scalable L2 blockchain built by Ethereum developers, for Ethereum developers. Built as a minimal extension to existing Ethereum software, Optimism's EVM-equivalent architecture scales your Ethereum apps without surprises. If it works on Ethereum, it works on Optimism at a fraction of the cost. No difference.

Popular Apps on Optimism

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Frequently asked questions

To bridge funds to Optimism, you can use the official bridge or any other bridge like Orbiter or Hop Exchange.

Optimism features a range of robust dApps for you to explore. Want to swap tokens? Give Velodrome a try. Looking to borrow money? Aave is there for you. You can also grab perps on Kwenta or explore options trading with Lyra.

And if you're unsure of where to begin, I've written a guide to point you on the right path.

There are also a bunch of Optimism quests that will teach you how to use the most popular apps on Optimism. From bridging assets to Optimism using Stargate’s unified liquidity pools to learning how to swap tokens on Uniswap, you'll get to discover various popular decentralized apps available on Optimism.

Note: Season 1 of Optimism Quests is completed! Season 2 will start soon.

To view all transactions on the Optimism network, you can use the official blockchain explorer.

As the number of Ethereum users increased, it started reaching its capacity. This surge in usage drove up costs, prompting people to think of ways to optimize it. The goal was to retain its security benefits without the hefty price tag.

Various strategies were considered to enhance Ethereum and make it accessible to all, regardless of their financial capacity. Notably, Optimistic rollups, such as Optimism, emerged as a leading solution. The term "optimistic" provides a clue to the way these systems verify transactions.

Want to learn more about those solutions to scale Ethereum? Read our guide on Layer 2s!

The OP token isn't merely a digital asset (an ERC-20); it's a stake in Optimism's future. By possessing OP, even everyday users can have a say in the collective's trajectory.

Imagine it as having a slice of the decision-making process, ensuring everyone can influence Optimism's path forward.

RetroPGF is an impressive initiative that rewards those who have contributed to and maintained public goods. It's built on a clear message: If you create valuable tools for the Ethereum community, you'll get both recognition and a financial thank-you.

We've prepared an entire article that dives deep into this topic.

We have written a whole blog post dedicated to that topic.