DeFi· ★★★★· bullish·

Optimism Jumps 28% as Uniswap Hands Unichain Control to OP Stack

  • —OP gained 28% in a day and over 70% in 30 days
  • —Uniswap handed Optimism control of Unichain, including the sequencer
  • —Testnet migrated October 14; mainnet scheduled for October 29
  • —Optimism has used Superchain revenue to buy back OP since February
Why it matters: The market reads the handover of a major client as validation of Optimism's OP Stack and a boost to Superchain revenue.
Source: Newsbit