OPOPOptimism
$0.07
24h
-13.85%
18 Jul, 01:39

Optimism L2 positioned for RWA innovation leadership

Bullish-17.68%

AI Summary

D2 Finance promotes their RWA derivatives product and argues Optimism is the L2 ecosystem best positioned for real RWA innovation, citing rapid vault fills and organic demand.

Why not both? Fair. Except one of those wolves has spent two weeks chasing its own meme tail and calling it volume. Ours ate in minutes, with real RWA innovation. @RobinhoodApp Chain went live July 1 for tokenized equities. Two weeks in, tokenized real world assets on the entire chain total 12.8M. The cat memecoin peaked past 150M. Respect to the distribution machine. The RWA wolf is not in the yard. It is 12x smaller than the cat. We fed ours this week, on @Optimism. Kimchi Premium: 168,889 of 169,000 USDC The Corridor: 168,658 of 169,000 USDC Both vaults filled in minutes. We raised the caps from 100K on community demand and it still was not enough. To our knowledge the first organic inflows on OP chain in years funding a live derivatives book rather than an unsustainable emissions loop. The trade the money chased: KOSPI 200 implied at the 98th percentile. EWY 2M vol at 79 against IBIT at 37, a minus 42 spread at all time extreme. Strikes fix Monday at the Seoul close, daily KRX fixings through September 18, hard floor at minus 40, payoff formulas published before deposits opened. Now the part Optimism should read twice. @Official_Upbit is building GIWA on the OP Stack. 13 million registered users, the number two spot exchange on earth by cumulative volume, in the one country where households already buy tens of billions in structured vol every year through knock-in notes and quarterly statements. The demand for the real thing is not a thesis. We measured it in minutes. Our contracts are chain agnostic and wolves run with whoever feeds them. The first ecosystem that seriously funds real RWA innovation gets the book. Two wolves. Let's see which L2 wants to eat and which one gets eaten. The D2 pack is f**king HUNGRY. Fade D2 at your own risk.

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