🏗️ Institutions Building Onchain
🏗️ Institutions Building Onchain
🏗️ Institutions Finally Building
Optimism co-founder Ben Jones presented at Chainlink SmartCon, highlighting the shift from institutional crypto testing to active building.
Key institutional adoption metrics:
- Stablecoins serving as cross-border payment rails
- Real World Assets (RWAs) grew 14x to $30B over two years
- ETFs transitioned from experimental to mainstream
Superchain dominance:
- Controls 70.7% of all L2 transaction fees
- Processes 9% of all crypto transactions
- Secures $22B in onchain assets
- Powers 3 of top 4 L2s: Base, OP Mainnet, and Unichain
Jones emphasized that regulatory clarity, widespread stablecoin adoption, and turnkey infrastructure have created optimal conditions for institutional onchain adoption.
The "institutional speedrun" represents a pivotal moment where enterprises move beyond experimentation to production-scale blockchain implementation.
Day 2 of @chainlink #SmartCon is about to kick off. Catch Optimism co-founder Ben Jones, @ben_chain, live at 1:30 PM ET on the Union Square stage for The Optimist’s Guide to the Institutional Onchain Speedrun 🏃♂️💨
When one of Ethereum’s OG builders takes the stage, you listen. Ben Jones, Optimism co-founder, is keynoting @chainlink #SmartCon in NYC 🗽 Tomorrow at 1:30 PM ET, Union Square Stage.
Find my talk @chainlink smartcon tomorrow to hear about THE INSTITUTIONAL SPEEDRUN
OP Mainnet Launches Enterprise Yield Stack with MorphoLabs, Gauntlet, and Utila
**OP Mainnet** has unveiled a comprehensive **enterprise yield stack** designed to help businesses build and scale onchain operations. The platform now features integrations with: - **@MorphoLabs** for lending markets - **@gauntlet_xyz** for risk management - **@utila_io** for enterprise-grade MPC wallet infrastructure **Key Benefits:** - Secure, high-performance blockspace - Institutional-grade yield products - Extremely low transaction costs - Deep liquidity and resilient infrastructure OP Mainnet serves as the **infrastructure backbone** for the Superchain, enabling companies to test and launch next-generation financial products. The platform combines efficiency with performance, setting new standards for onchain finance. The **USDC Prime Vault** is now live, offering enterprises direct access to institutional-grade yield opportunities on the network. [Learn more about OP Mainnet's enterprise features](https://www.optimism.io/blog/op-mainnet-the-enterprise-launch-pad)
Optimism Opens Citizenship Registration for Superchain Governance
Optimism Collective announces its H2 strategic goal: achieving $100M monthly in cross-chain asset transfers across interoperable Stage 1 chains. The Citizens House introduces three stakeholder groups: - Top 15 chains by revenue - Top 100 apps by gas fees - End-users with verified activity Key registration requirements: - End-users must prove human status via WorldCoin - Limited spots available - Sybil protection through HumanPassport screening This follows Optimism's recent $2M bug bounty extension for Superchain protocol upgrades, which has already paid out $2.6M since 2022. [Register for citizenship](http://atlas.optimism.io/citizenship)
Superchain Interop Incubator Shows Progress
The Superchain ecosystem continues to expand with the OP Stack emerging as the dominant L2 solution. Key metrics include: - 50+ chains and $17B+ in TVL - 6 of top 10 L2s running OP Stack - Powers 70% of all L2 transactions Recent developments: - Four networks (OP Mainnet, Base, Unichain, Ink) reached Stage 1 decentralization - Flashblocks upgrade reducing transaction times to ~200ms - Native interop features coming this summer - Growing number of teams joining Superchain Incubator The platform emphasizes security, speed, and seamless cross-chain interactions while maintaining Ethereum compatibility.
Audit Contest Announcements for Superchain and STRK Staking
Two major audit contests have been announced for blockchain security: - **Superchain Security Contest** Open invitation for whitehats and developers to audit code for secure interoperability [Contest Details](https://cantina.xyz/competitions/44b385bf-e51a-4e6c-b3a8-adbbe24d16e1) - **STRK Staking Contract Audit** CodeHawks contest starting April 4th Prize pool: $80k USDC KYC required [Registration Link](https://codehawks.cyfrin.io/c/2025-04-starknet-part-2) *Both contests offer opportunities for security researchers to contribute to blockchain infrastructure security.*