Opal Exchange

Privacy DEX built on BASE. Trades stay hidden, even from the house. 100% of protocol fees are distributed to holders.

[Opal Exchange @opal_dex]

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.

[Opal Exchange @opal_dex]

@trader1sz @Trader_XO yes it is. We built a fully house-blind DEX using a TEE model. Hit up our CEO @ClemensCrypto if you want more info!

[Opal Exchange @opal_dex]

We’re opening up the first spots in the Opal Maker Program.

The first 10 participants get a 25% boost on maker rewards.

If you want in early, dm us or message Clemens_555 on Telegram and secure your spot.

[Opal Exchange @opal_dex]

Security update & roadmap.

We received the final results from @coinbase’s security review of our codebase.

No critical or high-severity bugs were found, and no issues were identified that put user funds at risk. The review found one medium-severity withdrawal availability edge case, plus several low-level issues, all of which are being addressed.

We’ve now started an independent third-party audit with https://t.co/rJeoZoc6kA.

Once that’s complete, we’ll roll out:

• Points Seasons + Dashboard
• Maker Program
• Opal Vault
• Higher liquidity + trading limits

[Opal Exchange @opal_dex]

Following our recent migration, we’ve received a lot of feedback from larger buyers asking us to reduce the trading fee on the token.

Effective immediately, any wallet with at least $100k in net buys over a 7-day period will receive a full refund of the 5% buy fee.

The fee will be removed entirely post Mainnet launch.

[Opal Exchange @opal_dex]

Our migration is now complete and all holders have been airdropped.

Big thank you to our community for trusting us throughout this process.

[Opal Exchange @opal_dex]

👀

[Clemens Walter @ClemensCrypto]

Just onboarded a top 10 Hyperliquid trader to @opal_dex.

If you're a perp trader & looking to trade on a DEX that actually values your opinion, please hit me up.

[Opal Exchange @opal_dex]

The Opal token has launched on Base.

CA: 0x119B63B1605Be3A8ff4543c7F76f7f1f79eECd1f

Base season has started. Big update is dropping next week. Stay tuned.

[Opal Exchange @opal_dex]

We just pulled liquidity of our old token.

Tomorrow around 5pm UTC we will migrate everything 1:1 and launch our new token on Base. Current holders will be airdropped 48 hours later.

The official CA will ONLY be announced here.

@base season is starting. Get ready 🟦

[Opal Exchange @opal_dex]

🟦

[Clemens Walter @ClemensCrypto]

Why are we migrating to @base?

[Opal Exchange @opal_dex]

@Bulig1723 🫡

[Opal Exchange @opal_dex]

Base token launch details:

We’re excited to announce that the OPAL token will launch on Base on Tuesday, September 1st.

We’re making the migration as simple as possible for current holders. You do not need to claim, bridge, swap, or manually migrate anything.

Migration

• We will pull liquidity on Monday, August 31st after 6 PM UTC and take a final snapshot of OPAL holders

• The snapshot will be published once completed

• Existing tokens and liquidity will migrate 1:1

• Base OPAL will be airdropped directly to holders 48 hours after launch

• Hold OPAL in a wallet that supports Base, such as MetaMask, before the snapshot

There is no migration website and nothing to claim. Anyone asking you to connect a wallet, send tokens, or approve a migration transaction is a scam.

Tokenomics

Today, 70M OPAL exist:

• 50M circulating
• 20M team allocation, locked

With the Base launch, we are increasing total supply to 150M OPAL while locking the additional supply for 12months.

The final Base tokenomics will be:

50M circulating
100M locked / non-circulating

Of the 100M locked supply:

• 20M existing team allocation
• 60M airdrop & future community rewards
• 10M ecosystem & protocol growth
• 10M strategic liquidity & exchange integrations

Put simply, we are adding 80M tokens, and every one of those tokens will be locked and non-circulating for 12 months.

50M OPAL circulates today.
50M OPAL will circulate after the Base launch.

Most importantly: No additional team tokens are being added. The team allocation remains exactly the same, honoring our commitment to the community. The new supply is reserved entirely for community incentives, future growth, and the long-term health of the protocol.

By doing so our incentives are 100% aligned with our holders. What benefits holders, benefits the team.

One month before the 12-month lock expires, we will publish a detailed allocation and unlock schedule outlining exactly how, when, and why any future incentives may enter circulation.

There will be no surprise unlocks.

To date, we have sold zero team tokens, gave away zero KOL allocations, and have not diluted holders to finance operations.

Our trading fee has allowed us to fund development without selling team supply or diluting holders. Our goal is to remove the trading fee entirely after mainnet once protocol revenue can sustainably fund operations.

Launch:

To discourage snipers & bots:

First 2 hours: 10% sell fee
After 2 hours: standard 5% buy / 5% sell fee

[Opal Exchange @opal_dex]

@tomsmye 🫡

[Opal Exchange @opal_dex]

@adashark_ yes!

[Opal Exchange @opal_dex]

@Joncoxgolf @base we'll post more info on this in the coming days. It will be a very simple process.

[Opal Exchange @opal_dex]

We're excited to announce that we'll be migrating and launching the Opal token on @base within the next 2 weeks.

More info will be shared soon. Stay tuned. 🟦

[Opal Exchange @opal_dex]

@Maxking61437 @base yes, feel free to break things.

[Opal Exchange @opal_dex]

@0xBibew @base As we disclosed previously, we'll get rid of the tax post mainnet and once sufficient revenue is being generated. We'll share a realistic timeline for that soon.

[Opal Exchange @opal_dex]

@hxcbtc @ClemensCrypto 🫡

[Opal Exchange @opal_dex]

@milixel thank you for your help!