ChainCatcher news, according to L2BEAT data, the current total locked value of the Ethereum Layer 2 network is $36.04 billion, with a 3.34% decrease over the past seven days.The top five in locked value are: Arbitrum One ($14.78 billion, 7-day decrease of 2.34%); Base ($6.1 billion, 7-day decrease of 4.16%); OP Mainnet ($5.51 billion, 7-day decrease of 4.3%); Blast ($1.74 billion, 7-day decrease of 4.12%); Mantle ($1.19 billion, 7-day decrease of 0.16%).

ChainCatcher news, OP Labs stated on social media that the Fjord upgrade will go live on the OP mainnet at 00:01 Beijing time on July 11.It is reported that this upgrade will bring new features and reduce costs, including a 20-fold reduction in smart wallet key verification costs through the RIP-7212 precompile; developers can create smart wallet experiences without limitations on scale and cost; more accurate pricing features and more efficient Brotli batch compression, reducing transaction costs by 5 to 15%; and the sequencer drift increasing from 10 minutes to 30 minutes, etc.

ChainCatcher news, according to official sources, Secret Network has announced that its confidential computing layer has been integrated with Optimism's OP Mainnet.Reportedly, the possible use cases include: private voting for DAOs, encrypted storage for applications, secure random number generation for games, confidential data related to NFTs, internal bidding auctions for NFTs and other assets, as well as encrypted order books for DeFi applications.

ChainCatcher news, the decentralized lending protocol Silo has announced its launch on the OP mainnet. Utilizing a deposit of $1.3 million, Silo Optimism will begin its first OP distribution across 9 markets, namely OP, wstETH, wBTC, tBTC, rETH, strxeth, VELO, sUSD, and SNX, allowing users to deposit in any market to borrow ETH and USDC.In the first phase, 100,000 OP will be allocated to the initial markets. Over the next 60 days, the official team will introduce a series of new markets and optimize incentive distribution based on protocol revenue metrics.The remaining 150,000 OP will be allocated in the second phase, during which rewards may be rebalanced based on historical activity. New markets will also be launched and may be included in the incentive categories.

ChainCatcher news, according to The Block, OP Labs has released fault proofs on the OP Mainnet, advancing decentralization to the first phase, which allows the withdrawal of ETH and ERC-20 tokens from the OP Mainnet without a trusted third party, enabling users to challenge and remove invalid withdrawals. The plan is to extend fault proofs to other chains based on the OP Stack, including Base, Metal, Mode, and Zora.It is reported that the second phase of the OP Mainnet aims to achieve complete permissionless and decentralized management solely through smart contracts.

According to ChainCatcher news and the latest data from L2beat, the total value locked (TVL) on the Ethereum Layer 2 solution Base, supported by Coinbase, has reached $7.63 billion, setting a new historical high. The seven-day increase is 9.3%, surpassing OP Mainnet to become the second largest L2 by locked value. Currently, the total locked value on OP Mainnet is $7.6 billion, with a seven-day decrease of 1.89%.

ChainCatcher news, according to L2beat data, the current TVL of the Base network has risen to $7.57 billion, with a 7-day increase of 9.25%. Meanwhile, the total locked value (TVL) of OP Mainnet is currently reported at $7.61 billion, with a 7-day decrease of 3.55%, narrowing the TVL gap to just $40 million.

ChainCatcher news, L2BEAT data shows that the current Ethereum Layer2 TVL is $38.37 billion, with a 7-day decrease of 1.11%. The top five TVLs are as follows:Arbitrum One TVL is $15.91 billion, with a 7-day decrease of 4.17%;OP Mainnet TVL is $7 billion, with a 7-day increase of 7.14%;Base TVL is $5.41 billion, with a 7-day decrease of 2.42%;Blast TVL is $2.57 billion, with a 7-day decrease of 2.81%;Mantle TVL is $1.18 billion, with a 7-day decrease of 6.56%.

ChainCatcher message, OP Labs announced on social media that starting from 10 PM today, the OP Mainnet will be paused for 1 hour to test Optimism's event response capability. During the pause, any relevant updates will be posted to status.optimism.io.

ChainCatcher news, L2BEAT data shows that the current total locked value (TVL) of Ethereum Layer 2 is $18.51 billion, with a 7-day increase of 17.66%.The top five locked values are:Arbitrum One: $8.58 billion, 7-day increase of 6.54%;OP Mainnet: $5.91 billion, 7-day increase of 29.31%;Base: $0.697 billion, 7-day decrease of 1.37%;zkSync Era: $0.556 billion, 7-day increase of 4.25%;dYdX V3: $0.352 billion, 7-day increase of 2.37%.

ChainCatcher news, according to the latest data from l2beat, the total value locked (TVL) in the Ethereum Layer 2 scaling solution OP Mainnet has reached $5.74 billion, an increase of 21.38% over the past 7 days.

ChainCatcher news, L2BEAT data shows that the OP Mainnet TVL reached a new high of 6 billion dollars today; currently reported at 5.76 billion dollars, with a 7-day increase of 27.88%.

ChainCatcher news, according to BlockWorks, the DeFi credit market Clearpool has received a grant of 150,000 OP tokens (approximately $202,000) from the Optimism Foundation, which will be launched on the OP mainnet. Clearpool is currently deployed on Ethereum, Polygon, and Polygon zkEVM networks. DeFiLlama data shows that Clearpool's TVL is $3.1 million, with a market cap of $7.52 million. (Source link)

ChainCatcher news, Binance announced that it has completed the integration of USDC on the OP Mainnet. USDC deposits on the OP Mainnet are now open. Binance stated that once the deposit volume is sufficient, USDC withdrawals will be enabled on the OP Mainnet, and no further notice will be given.

ChainCatcher news, Circle announced the launch of native USDC on Base and OP Mainnet (i.e., Optimism).According to previous reports, sources revealed that USDC will be launched on six new chains including Polygon PoS, Base, Polkadot, NEAR, Optimism, and Cosmos via the Noble network.

ChainCatcher news, Farcaster co-founder Dan Romero stated on social media that Farcaster has launched version V3 and is now live on the OP Mainnet. In addition, to commemorate the launch of version V3, Farcaster has released a commemorative NFT on Zora, which users can mint for free on the Base network.

ChainCatcher news, the decentralized social protocol Farcaster announced that it will migrate to OP Mainnet, planning to move Farcaster identity and storage contracts to OP Mainnet in the coming weeks, after which it plans to enable permissionless registration.According to the crypto data platform RootData, in July 2022, Farcaster completed a $30 million financing round, led by a16z, with participation from Standard Crypto, Elad Gil, 1confirmation, Scalar Capital, First Round Capital, Volt Capital, A Capital, Todd and Rahul's Angel Fund, Coinbase Ventures, Mischief, Ansa Capital, Haystack, Ribbit Capital, Chapter One, Multicoin Capital, Offline Ventures, Archetype, Canonical Crypto, Proof Group, Floodgate, Balaji Srinivsasan, 6529, Ray Tonsing, and others.

ChainCatcher news, according to official sources, the key components of the World ID and TFH's World App technology stack have completed the migration to the OP mainnet, and user migration has also begun. Meanwhile, most of the Safe wallets have been deployed to the OP mainnet, with the remaining ones to be deployed during the user-initiated migration process; the World App now supports Uniswap on the OP mainnet.

ChainCatcher message, Optimism officially announced that the Optimism blockchain has now been renamed to OP Mainnet. This change was made to distinguish the OP Mainnet blockchain itself from the community, atmosphere, spirit, and so on that Optimism encompasses. OP Mainnet is just one of the foundational layers of many Layer 2 "superchain" networks, seamlessly communicating with other chains like Base, Zora Network, etc. (source link)