Morning! ☕️📈
Coffee is ready, charts are open, and it's time to trade on @opal_dex and make some real money. Great to see production running smoothly 🤩
The Opal token is moving to @base
When we launched Opal, we deliberately chose Ethereum mainnet. We wanted to see which ecosystem would truly support our long-term vision before committing.
The answer became obvious.
Base is the fastest-growing L2 and extremely performant. On the token side, it has significantly more volume and attention than ETH mainnet. But most importantly for us, it offers its builders by far the best support.
Over the past 7 months, the Base team has been instrumental in helping us bring the first house-blind privacy perpetual DEX to market. From ecosystem support to the ventures team, they’ve consistently gone above and beyond. Going through two Base Batches cohorts was a game changer, and we’d encourage every serious builder to apply to the next one.
Huge thank you to the team at base @jessepollak@davidtsocy@BronheimDaniel@RyanGittleson and @ZacPrater for all your help and support thus far.
This is a move our community has been asking for for months, and we’re excited to finally make it happen.
Existing holders will be migrated 1:1. Team
tokens will remain fully locked and all liquidity will also be moved 1:1. For now, OPAL will continue trading on ETH mainnet as usual and we’ll announce a launch date and more details soon.
On the product side, we're happy to share that production testing is going well so far, and another batch of invites is going out today.
🧨 Big Tier 1 News
🧨 @opal_dex
Congratulations to $OPAL team for the hardcore grind, for the last 8 months they have been sleeping less, and building more... now the fruits of the labor has came to life!
You can now trade real funds privately on Opal Exchange. Production V1 is live. First invites are out, and more to come weekly.
The party about to begin, we are seeing a giant in the making on our own eyes.
Mad respect to the whole team.
Production V1 is now live!
First invites are out. More will roll out weekly: https://t.co/8t0FBZLz8p
We are starting with limited capacity as we stress test the system and slowly start to scale.
Next up: @coinbase audit followed by mainnet with deep liquidity.
Every perp DEX shows your orders before they fill. Front-runners eat first. @opal_dex doesn't play that game.
Sealed orders. Zero MEV. Your size stays private.
$OPAL
@opal_dex just broke it's All Time High and is in price discovery! 🥳 Lets see where this will take us!
Congrats to all $OPAL holders, and its a pleasure to have you along for this journey!
Opal is a privacy perp DEX on @base for real world assets built by @kenzanboo and @ClemensCrypto
Every order is sealed before it touches the book, and matching and liquidations are privately handled inside Trusted Execution Environment
Trade like you’re invisible on @opal_dex
6. $OPAL Announced that this week, they are launching pre-IPO spot trading, starting with Anthropic and followed by OpenAI and others.
Big connected team
https://t.co/F5qmHfTs72
We asked @brian_armstrong what he thinks about Opal and got very good feedback.
We listened and are getting ready for a big product release. Stay tuned.
Excited to share that @coinbase has offered to audit our entire codebase at no cost, helping us further strengthen security ahead of our mainnet launch later this year.
Grateful for their support as we continue building!