Ether.fi Completes $220M Migration to OP Mainnet with Zero Downtime
Ether.fi Completes $220M Migration to OP Mainnet with Zero Downtime
🏦 Ether.fi's seamless migration
Ether.fi has successfully migrated to OP Mainnet, bringing $220M in total value locked (TVL) - the largest single TVL event in OP Mainnet's history.
Key metrics:
- 300,000 user accounts
- 70,000 active cards
- Migration completed in 3 days with zero downtime
- Cards remained operational throughout the entire process
Technical performance:
- Sub-250ms transaction finality
- $0.00001 median transaction fees
- 99.99% uptime
What's next:
- Gold Vaults launching soon
- Euro card expansion planned
- Growing liquidity pool benefits all users
The migration demonstrates OP Mainnet's capability to support live consumer products at scale. Ether.fi operates the largest non-custodial crypto card by spend volume, and this move positions both platforms for continued growth in practical crypto payments.
The largest non-custodial crypto card just made OP Mainnet home. @ether_fi is live with $220M in TVL, 300,000 accounts, and 70,000 active cards — the largest single TVL event in OP Mainnet history. Three days to migrate. Zero downtime. Cards kept working the entire time.
LETS GOOO! We just completed the single largest TVL event in OP Mainnet history. Ether.fi is now live on OPM! $220M TVL migrated over 3 days with zero disruption. 300k accounts and 70k active cards operational the entire time. Next... more assets!
ether.fi Launches on OP Mainnet
**ether.fi is now live on OP Mainnet**, bringing its liquid staking protocol to Optimism's Layer 2 network. **Key highlights:** - The protocol completed its migration to OP Mainnet - Users can now access ether.fi's services with faster transactions and lower fees - This follows the February announcement of the planned migration The launch enables ether.fi to leverage Optimism's scalability while maintaining Ethereum security. Users can interact with the protocol directly on OP Mainnet. [Read the full announcement](https://www.optimism.io/blog/ether.fi-is-live-on-op-mainnet)
Optimism Joins Ethereum Korea Conference to Onboard Korean Institutions
Optimism is participating in the first Ethereum Korea conference, focusing on bringing Korean institutions onto Ethereum and the OP Stack. The initiative represents a strategic expansion into the Korean market, leveraging Optimism's Layer 2 scaling solution to attract institutional adoption in the region. **Key Points:** - First-ever Ethereum Korea conference - Focus on institutional onboarding - Utilizes OP Stack technology - Strengthens Ethereum's presence in Korea This move aligns with Optimism's broader mission to scale Ethereum and expand the Superchain ecosystem globally.
MetaMask Enables ERC-7715 Execution Permissions on OP Mainnet
MetaMask has implemented ERC-7715 on OP Mainnet, allowing decentralized applications and agents to request wallet execution permissions. **Key Development:** - Builders can now request execution permissions through the ERC-7715 standard - Opens new permission models for both dApps and autonomous agents - Available on OP Mainnet infrastructure This technical update provides developers with standardized methods to handle wallet permissions, potentially streamlining user interactions with decentralized applications and agent-based systems.
OP Stack Enables Blockchain Customization for Next Crypto Wave
The OP Stack is enabling a new era of blockchain customization, according to insights from @karl_dot_tech. **Key Points:** - Customization allows blockchains to be tailored for specific use cases and requirements - The OP Stack provides the infrastructure to make this customization technically feasible - This represents the next significant wave of innovation in crypto development The ability to customize blockchains opens new possibilities for developers to create specialized solutions rather than one-size-fits-all networks.