We're now Offchain.
A new chapter focused on powering institutions as they move onchain.
What we’ve built across @arbitrum, @prylabs and @zerodev is coming together into something bigger.
This is just the first step. Stay tuned.
https://t.co/5KulpAzuXa
In a joint work with @pranaytej and @EdFelten (both from @Offchain), we study the effects of block time reduction from 2s to 200ms due to the introduction of Flashblocks, on the Base chain: https://t.co/fPuoZNEYSP. We classify searcher and non-searcher addresses, and using difference-in-differences design estimate the fall of effective priority fee per gas. Interesting observation is that searching activity is not uniformly distributed across (Flash-)blocks and 30% of it is concentrated in the first (Flash-)block. Reduced priority fees can be attributed to the less available value per time unit due to shorter effective times. Beyond this, we also develop an auction theoretic framework that qualitatively explains reduced priority fees, in which searchers may bid less hoping that only their transaction makes it in the current (Flash-)block. For a more comprehensive discussion, check out research post by @pranaytej: https://t.co/X5Rtv6MWfZ. Any feedback is welcome.
Congrats to @Kinetiq_xyz on the launch of @Enter_Elysium
Built with @Arbitrum’s infrastructure, Elysium gets:
> 100ms blocks
> 300M gas/sec execution target
> HYPE as gas token
> Flexibility for HyperCore integrations
We’re excited to see Kinetiq building the groundwork for more advanced trading apps and bringing the programmable economy to new markets
Welcome @Enter_Elysium to the programmable economy.
Built by @Kinetiq_xyz, Elysium is the first dedicated Arbitrum L2 settling on HyperEVM.
Designed to support @HyperliquidX’s growing DeFi and perps ecosystem with more execution and performance experience for apps and traders.
Institutions shouldn’t have to piece together the technology to come onchain
Offchain Enterprise Services brings the stack and support to build on Ethereum via Arbitrum so they can focus on their product and customers
Hear @sgoldfed on how we’re doing this with Robinhood
Offchain Enterprise Services is here to serve.
Whether your building a RWA chain, a loan tokenization engine, or anything else programmable.
Our team will make your journey into blockchain seamless and scalable. 🫡
@nickducoff We looked long and hard at all the other ecosystems out there and found that nothing quite met our specific needs of building the #1 chain for real world assets (and memes too).
Blockchain rails let exchanges shape their markets from routing and transaction ordering to fees and more
On @arbitrum, @variational_io has grown into a top-three perps venue with $335B+ in volume across 500+ markets that trade 24/7
Tap into Offchain Enterprise Services to design, launch and scale your exchange onchain
Was an honor to be in Hong Kong today for this historic announcement.
As we rebuild the finance stack and reimagine what’s possible, I could not ask for a better partner than @GillesGade and the entire @crossriverbank team.
Big things to come 🙌
TODAY: @crossriverbank is partnering with @Offchain Labs to tokenize loans at origination on @Arbitrum One.
@ajwarner90 shared what gets banks excited about tokenization:
“We can get permissionless token trading or we can get perps. which are really important, but how do I reduce opex by 17%? [This] is a huge unlock for major financial institutions.”
https://t.co/OZKiQkDSVe
Business infrastructure has evolved from paper records to mainframes to the cloud
Today blockchain is bringing businesses into the programmable economy
Hear why institutions like LG, Robinhood and Cross River chose the Arbitrum Platform to bring their businesses onchain
Extremely excited to partner with @crossriverbank on their tokenization initiatives.
Cross River is one of the most forward thinking financial institutions globally. Together with @Offchain we are going to bring them onchain and throughout the @arbitrum ecosystem.
Cross River selected ZeroDev to power the customer experience for its tokenized lending platform.
Built by @Offchain's Enterprise Services, our embedded wallet solution will be integrated into @crossriverbank's tokenization platform on @Arbitrum One.
A huge moment for smart wallets in institutional finance.
Cross River is bringing its tokenized lending platform to Arbitrum One.
> Arbitrum One will provide the rails at launch to tokenize and service loans on Cross River’s platform
> @ZeroDev’s embedded wallet solution will power the customer experience
> Architected by @Offchain’s Enterprise Services team
By making lending programmable, @crossriverbank is laying the groundwork for easier loan transfers and new financing opportunities in the future.