The biggest problem in crypto M&A is that acquiring a company doesn't mean you own what you think you own
Equity deals are typically straightforward; the involvement of tokens adds significant complexity
@areta_io put out a report on Token-Equity M&A 🧵
.@krakenfx built @inkonchain on the OP Stack with one goal:
bring CEX users onchain ✨
It's working. 99% of Ink's first million wallets had no prior onchain history. New users, not recycled ones.
Here's the DeFi engine driving it ⬇️
The world's biggest exchanges are all making the same infrastructure call.
Coinbase built Base. Kraken built Ink. OKX moved X Layer. Upbit is shipping GIWA. Bitpanda is launching Vision Chain.
Five exchanges, different markets. All on @Optimism's OP Stack underneath 🧵
.@money2020 Amsterdam kicks off today & @Optimism is on the ground all week 🇳🇱
📅 June 2 —> two sessions on the Intersection Stage on Ethereum at institutional scale
📅 June 3 — > BCNL Drinks with @BCNLfoundation & Alpaca, 4–8 pm at Café d'Overkant
📍All week at Booth 5L50
.@DeriveXYZ is the home of onchain options ✨
$27.65B in total notional volume, $1.29B in open interest, and 4.16M+ trades to date. All built on the Superchain, all with traders showing up daily.
Here's what they've been up to recently ⬇️
Here's everything that happened across the Superchain ecosystem this past week
💳 @ether_fi Cash hit a new daily spend volume ATH of $3.72M on May 18th. Transactions holding steady at record levels. All settled on the Superchain
🔴 @Optimism co-authored BitMart's State of RWA Issue 02 alongside @Dune and @redstone_defi. Breaking down how $24.6B in onchain RWA TVL got here, where it's going, and what's still holding institutions back
🐙 @inkonchain is upgrading its oracle infrastructure across the ecosystem to @chainlink. By joining Chainlink Scale, Ink is delivering Chainlink Data Feeds to every protocol building on the chain
™️ @nadoHQ launched Season 2 on Ink. Open access (no more invite codes), $100K trading competition starting May 25th, volume-linked points model, and real-world tokenized assets coming as collateral. Season 1 closed with $61.2B in cumulative volume and 78,200 traders
💿 @StartaleApp expanded chain support for Soneium with deposits across @ethereum, @Optimism, @solana, @base, @arbitrum, @BNBCHAIN, and more. Auto-bridging powered by @rhinestonewtf
⚙️ @Metal_L2 Upgrade 19 proposal passed. Keeping Metal L2 aligned with the latest OP Stack improvements as the community prepares for Homecoming
🌐 @30SECONDSTOMARS is using @worldnetwork's Concert Kit to reserve tickets for verified humans on their 2027 tour. Concert Kit is open to artists who want to reserve tickets for real, verified fans
⬜️ An AI agent by @instaclaws demonstrated how any agent can register on @worldnetwork's AgentBook in 60 seconds, proving a real human is behind it. Onchain World ID-backed record on Base and World Chain
🌍 @Lisk published a breakdown on running one business across two financial systems. Where crypto and traditional finance conflict in day-to-day operations, and what the "translation tax" looks like in reconciliation and reporting
✈️ @EpicOnChain crossed 42,000+ sign-ups in just two weeks. Access to 2M+ hotels and flights across 190+ countries with spending for 200+ cryptocurrencies
🟧 @build_on_bob introduced the BOB Inner Circle. Fewer than 150 VIP spots with a direct line to the product team, fee-free swaps, and early access to new products. Applications open now
🐴 @DeriveXYZ welcomed new builder Oggregator, which aggregates pricing across the largest venues in crypto options and generates alpha signals
🔑 @HSKChain announced NexaID internal beta launching May 23rd. Next-gen Web3 identity and credit infrastructure balancing privacy with regulatory compliance
📊 @OrderlyNetwork is powering a $120K trading competition on FillX. Less than 100 users signed up so far
📈 @OrderlyNetwork launched Season 1 of its Community Campaign powered by @engagesio. Earn XP through social tasks, Spaces, and quests with USDC rewards and exclusive roles on the line
🏄 @SurfAI shipped Research 2.0. 4x fewer hallucinations, 2x deeper answers, now pulling live data from Polymarket and Hyperliquid including prediction odds, funding rates, and whale positions
🟡 @Celo kicked off the "Onchain Agents" hackathon with $5K in $CELO. Three tracks: Best Agent on Celo, Most Onchain Transactions, and Highest 8004scan Rank. Submissions close June 15th
🟨 @CeloDevs Proof of Ship added an AI Track with $6,000 in USD₮ prizes for building with AI Agents on @Celo. Agents must be registered with ERC-8004, @selfxyz Agent ID, and have onchain transactions
Did we miss anything? Comment below 👇
Check out our website to stay up to date on all things Superchain ⬇️
.@nadoHQ is rewriting how perp DEXes handle collateral.
Hold your spot. Borrow against it. Open perps without
ever touching the underlying.
$63B in all-time volume. No token. Just a working product
.@Celo is cooking 🧑🍳
Network revenue just hit an all-time high. Total active addresses crossed 19M. @Stablecoin just added Celo to its orchestration platform.
And the real-world adoption story keeps compounding.
Here's everything happening in the Celo ecosystem right now.
Here's everything that happened across the Superchain ecosystem this past week
💳 @ether_fi launched a EURC Liquid vault on OP Mainnet. Yield on Euros, now onchain, with @k3_capital running strategy and @MidasRWA as the vault wrapper
🔴 @Optimism published the full story behind @ether_fi's migration to OP Mainnet. $220M in TVL moved in three days, zero downtime, 70K active cards kept working the whole time. TVL has since grown to $347M. Gold Vaults are next
🎮 @Ronin_Network completes its migration to the OP Stack on May 12th. 31M wallet downloads, $4.3B in cumulative NFT volume, and RON inflation drops from 20%+ to around 1%. Sequencer profits now flow to the Ronin Treasury
📄 @MessariCrypto published State of the OP Stack Q1 2026. OP Stack chains processed 40%+ of all L2 activity. @ether_fi migration, @Bitpanda's Vision Chain, and GIWA Chain all highlighted as proof the institutional thesis is working
🔴 @Optimism published a synthesis of @FalconXGlobal and @MessariCrypto research. Both arrived at the same conclusion independently: the enterprise infrastructure thesis is working. 50+ deployments, $13.7B in secured value, and a growing institutional pipeline
🐙 @inkonchain launched InkWorks, a builder program for frontier teams. Six weeks, eight teams, milestone-based funding, and a demo day. 6 elite operators selected for Cohort-0, kicking off today, May 18th
💿 @soneium launched the Mini Apps Carnival powered by @StartaleApp. 17 mini apps, double rewards on most quests, plus a $SUPER reward pool from @SuperVerse across 8 selected games
📀 @soneium is hosting a 2nd Mini App Kick-Off on May 19th, featuring @MMPgame and @DiceOrDieGame, exploring how mini apps are shaping entertainment and community engagement
✨ @zora launched Zora Agent. Ask about trends, creators, and market activity directly in your DMs. Beta on mobile, rolling out gradually
⬜️ @worldcoin opened a new flagship in Munich near Marienplatz. A community space built to answer one question: how do you prove you're human online in a privacy-preserving way
🇯🇵 @worldnetworkjp ran a campaign giving away "Human in the Loop" merch to AI agents authenticated with World ID's AgentKit. So popular it sold out
✈️ @EpicOnChain introduced Epic Travel, the first travel layer purpose-built for the XRP economy. Up to 30% off hotels and flights with up to 8% cashback in XRP
🟧 @build_on_bob BAP-001 passed with 100% voting AYE and 136.15M votes. The BOB DAO Mission Charter is officially ratified
🐴 @DeriveXYZ's DRV is now live on the @Blockworks Token Transparency Framework. Scored 37/40 as the industry pushes toward clearer standards around token structure, governance, and transparency
🟡 @Celo hit a new all-time high in onchain profit at $6,349 daily, annualized at ~$2.3M
🟨 The $CELO cashback campaign wrapped up but rewards are still available via the @Squidrouter-powered Mini App. Users earn 5% cashback through the @MiniPay "Buy Celo" app
🪙 Adoption of XAUt0, driven by the @Squidrouter "Buy Gold" @MiniPay app, has pushed @Celo to #2 of all networks by unique tokenized commodity holders. Nearly 100K holders and growing
🧋 @bobanetwork published its April recap. Asterizm brought institutional cross-chain messaging live, @Lynx_Protocol hit $5.9M in weekly volume (up from $349K in February), and @IthacaProtocol FlashPerps continue growing
Did we miss anything? Comment below 👇
Check out our website to stay up to date on all things Superchain ⬇️
It's almost time to welcome @Ronin_Network to the ecosystem ✨
Today, Ronin officially completes its transition from a Layer 1 to an @ethereum Layer 2 powered by the OP Stack.
Get to know Ronin 👇
Here's everything that happened across the Superchain ecosystem this past week
🔴 @Official_Upbit's GIWA Chain is building on the OP Stack as the first Self-Managed OP Enterprise chain. Korea's largest exchange with 13M+ users, already processing 100M+ testnet transactions.
⚗️ @AlchemixFi v3 is now live on OP Mainnet. Mix-Yield Tokens, Fixed-Duration Transmuter, and 90% LTV vaults
🔏 @PrivacyBoost is featured in @FourPillarsFP's deep dive on institutional-grade blockchain privacy. A decade of privacy tech has solved parts of the problem, none has yet solved all of it on a public chain at production performance
🏦 @Optimism's CBO @kylejenke at @consensus2026: "Build a great product. Sell it." Enterprises are driving adoption, owning infrastructure beats renting it, and regulation is unlocking capital
🌐 @FalconXGlobal's institutional research desk published in-depth analysis on the OP Stack. 50+ chains, 6B transactions in 2025, 43% of all ETH L2 activity
🔴 Stake-based transaction ordering on OP Sepolia is entering Phase 2. A multiplier blending stake size, duration, and priority gas into a single ordering score. Bounded at 3x max and stake-rent resistant
🐙 @nadoHQ boosted maker points on RWA markets through May 28th. 4x on SPY, QQQ, OIL. 3x on MAG7 equities, Silver, and Gold
💿 @Soneium kicked off Score Season 10 with @StartaleApp, @BurrowBash, @worldoftrinity, and @MMPgame. From whack-a-mole to card battles to cozy farming RPGs
🔮 @SynthdataCo launched Synth LLM for Traders on Mode. The first LLM-native interface for turning live Monte Carlo forecasts into custom statistics, charts, and example trades across @Polymarket, @trylimitless, @HyperliquidX, and more
⚙️ @Metal_L2 Upgrade 19 Proposal is live, bringing the latest OP Stack improvements including L2CM, Osaka EIPs, and Glamsterdam Defense. Community vote open as Metal prepares for the Homecoming migration
🔑 @HSKChain wrapped up the Horizon Hackathon. 450+ developers, 220+ projects, 28 Demo Day finalists, 12 winners across DeFi, PayFi, AI, and ZKID tracks. $40K in prizes distributed
🟧 Voting is live on @build_on_bob's first governance proposal (BAP-001). Ratifying the BOB DAO Mission Charter.
🐴 @DeriveXYZ closed April just shy of $2B in volume. It took 4 years to hit the first billion. Plus 165M+ traded on May 8th alone
📊 @OrderlyNetwork launched a limited-time promo for Permissionless Listings. Until June 7th, any DEX on Orderly can create 5 perp listings without a staking/volume tier. FX, stocks, commodities, interest rates all fair game
📈 @OrderlyNetwork's 4th governance proposal is live identifying 6 chains with no builders and negligible volume for potential deprecation
🏄 @SurfAI's Studio Build Challenge wrapped up. 819 builders shipped 1,234 apps with zero lines of code. Winners announced Today
🟡 @Stablecoin now supports @Celo, adding the leading network for global stablecoin payments to their orchestration platform.
🟨 @talamobile and @Textileprotocol are launching an open credit pool on @Celo targeting $25M in liquidity. Tala brings 14M+ borrowers and $8B in lending data, Textile brings onchain credit infrastructure
🤝 @minipay launched cashback rewards in Kenya via @fonbnk1. Pay bills or buy goods and earn up to 10% cashback in USDT on eligible transactions
🧋 @bobanetwork announced builders now have access to @VXVHub, the world's first AI-powered Venture OS
Did we miss anything? Comment below 👇
Check out our website to stay up to date on all things Superchain ⬇️
Once again, I’m absolutely ashamed of being European.
I just don’t understand how we manage to be this far behind in our thinking, every single time, until it’s too late. And still refuse to learn from our mistakes despite already being on our knees.
Absolute clown show. The rest of the world is laughing at us and honestly, they should be.
.@ether_fi Cash migrated to @Optimism's OP Mainnet a month ago with zero downtime:
→ 220M TVL
→ 300K+ accounts
→ 70K+ active cards
The YTD numbers show why @ether_fi is one of the best non-custodial crypto cards out there 🧵
Here's everything that happened across the Superchain ecosystem this past week
⏺️ @circle Nanopayments are live on OP Mainnet. Transactions as low as $0.000001 with no per-transaction gas fees. AI agents pay for services autonomously via x402. Machine-to-machine payments at scale
🔏 @PrivacyBoost is expanding beyond OP Mainnet and integrating with @soneium as the official privacy partner of @StartaleApp
🔴 op-geth is being deprecated May 31st. All OP Stack chain operators need to spin up op-reth validator nodes now. Nodes take time to sync so don't wait
🔴 @Official_Upbit's GIWA Chain is building on the OP Stack as the first Self-Managed OP Enterprise chain. @Optimism and @Official_Upbit are co-hosting an evening at @consensus2026 to mark the launch
💲 @inkonchain was one of the first chains to go live with @USDT0_to in 2025. More than $1.5B has flowed through the network since launch
🐙 @inkonchain published a thought piece on RWA framing: stop calling them "real world assets" and start using the established name for the asset with crypto words for the capability
🔶 @okx published APP (Agent Payments Protocol), an open standard for agent commerce. Launch partners include @base, @Optimism, @Uniswap, @moonpay, @alt_layer, and more.
💿 @soneium has fresh bonus quests across Season 09 with @StartaleApp, @el_hexa_io, @weadvertizers, and @intraVerse_Game. Complete quests and boost your Score
✨ @zora published a Trend Report on Tweak Titans and recognition-first media. Plus a deep dive on TouchDesigner as a new visual language online
⚙️ @Metal_L2 DAO voted to deploy Metal Dollar on Ethereum. $XMD with USDC, PYUSD, USDP, and RLUSD in the basket, accessing $164B+ in Ethereum stablecoin supply
🟦 @base is partnering with @SuccinctLabs to bring ZK proofs to Base Azul, proving $7.4B in deposits with SP1
🌐 @worldbuildlabs 3 wrapped up with 300 builders from 25 countries across NYC, Seoul, San Francisco, Tokyo, and online. Winners: @HumanFX_world in 1st place, with Relay Favours and Crate as runners-up
📝 @Lisk published a breakdown on the last mile problem in crypto payments. Stablecoin rails improved the cross-border leg but delivery into local accounts and mobile money wallets is where friction, cost, and failure still concentrate
🟧 @build_on_bob published new research on native Bitcoin vaults for @Morpho. Solving partial liquidations via parallel spending routes and atomic liquidations via an onchain market maker
🔶 @build_on_bob DAO published its Governance Charter Q&A covering multisig selection, proposal thresholds, emergency powers, and fund allocation accountability
🐴 @DeriveXYZ options trading is now live on @helloamper. Type what you want in natural language and Amper handles session keys, sub-accounts, bridging, and execution
📊 @OrderlyNetwork launched Custom Oracles. Permissionless perps for any asset: FX pairs, US stocks, commodities, interest rates, crypto. Builders push prices directly, $100 to launch a perp DEX, and permissionless listings are live
📈 @OrderlyNetwork shipped Permissionless Vaults. Deploy yield strategies in under 30 minutes with one transaction. No manual onboarding, no multi-sig proposals
🏄 @SurfAI is now officially supporting the Polymarket CLOBv2 update. Cross-check any Polymarket bet against onchain flows, wallet activity, and social chatter in one prompt
🟡 @Opera dropped Q1 2026 earnings with @MiniPay front and center. CEO Lin Song highlighted MiniPay's rapid growth at 15M+ users with 123% YoY growth.
🟨 The Celopedia Skill is live for developers building Mini Apps, agentic tooling, stablecoin rails, and payments protocols on @Celo. Everything in one skill for @MiniPay's 15M+ users
Did we miss anything? Comment below 👇
Check out our website to stay up to date on all things Superchain ⬇️
Korea's largest exchange just picked the OP Stack 🎯
@Official_Upbit is bringing GIWA Chain to the OP Stack:
→ 13M users
→ 100M+ testnet transactions
→ First chain to launch on OP Enterprise Self-Managed
The pattern is clear. Exchanges build on the OP Stack.
.@consensus2026 takes over Miami this week 🌴
Superchain builders are on the ground bringing institutional finance, AI agents, and onchain infrastructure together on South Beach.
Here's a list of events where you can meet the Superchain builders and teams 🧵
After 6 years, real-world adoption isn't a thesis on @Celo
It's showing up onchain every day, with:
→ 600K+ DAU
→ 25 native stablecoins
→ $65B+ in stablecoin volume since Migration to the OP Stack
Here's everything happening in the ecosystem right now.