Bitfinex to Record OP, Native Token of Optimism Blockchain


Bitfinex to Record OP, Native Token of Optimism Blockchain

ROAD TOWN, British Virgin Islands – July 25, 2023 – Bitfinex (www.bitfinex.com/), a state-of-the-art digital token buying and selling platform, introduced in the present day that will probably be itemizing OP, the native token of Optimism, a decentralised, Ethereum-based layer-2 blockchain that permits scalable sensible contracts and instantaneous transactions.

In-built response to rising transaction charges on Ethereum, the Optimism community is an optimistic rollup that’s designed to maneuver transaction knowledge at a quicker charge whereas sustaining its stability and safety. By guaranteeing quicker transactions with decrease gasoline charges for customers, Optimism has grow to be a preferred alternative by builders to return and construct dApps inside its ecosystem. 

As of in the present day, the Optimism ecosystem is dwelling to over 90 protocols, together with Uniswap, a decentralized cryptocurrency trade, Velodrome, an automatic market maker, and Synthetix, a derivatives trade. Since its launch in 2021, the Optimism Community experiences that it has deployed greater than 7,000 sensible contracts and on-boarded over 300K distinctive addresses. Presently, in keeping with DeFiLlama, the Optimism Community has ~$840 million in TVL.

OP, the native utility token of the Optimism blockchain, is primarily used for governance to determine the path of the blockchain’s future. With a complete provide of ~4.2 billion and a present circulating provide of ~314 million, OP’s present market cap is ~$785 million, in keeping with CoinMarketCap.

“Whilst one of many newer Ethereum tasks within the ecosystem, Optimism has been rapidly making its mark with its emphasis on velocity, scalability, sustainability, and stability on the Ethereum community,” mentioned Henry Baby, Head of Tokens at Bitfinex. “Subsequently, we’re thrilled so as to add OP to our trade’s appreciable and numerous listing of accessible tokens.”

Bitfinex will open deposits for OP on July 25 at roughly 12PM UTC. Buying and selling of OP will begin on July 27 at roughly 10AM UTC, in buying and selling pairs towards the US Greenback (USD) and Tether tokens (USDt).

To acquire entry to OP on Bitfinex, clients can go to https://www.bitfinex.com/.

*All customers of www.bitfinex.com are topic to Bitfinex’s phrases of service (“TOS”). Please observe that U.S. individuals (as outlined within the TOS), amongst different prohibited individuals (as outlined within the TOS), are strictly prohibited from instantly or not directly holding, proudly owning or working an Account (as outlined within the TOS) on www.bitfinex.com. 

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About Bitfinex

Based in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art companies for merchants and international liquidity suppliers. Along with a collection of superior buying and selling options and charting instruments, Bitfinex gives entry to peer-to-peer financing, an OTC market and margin buying and selling for a wide array of digital tokens. Bitfinex’s technique focuses on offering unparalleled help, instruments, and innovation for knowledgeable merchants and liquidity suppliers all over the world. Go to www.bitfinex.com to be taught extra.

Media contact for Bitfinex

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