OP Labs

OP Labs

About OP Labs

Simplify's Rating
Why OP Labs is rated
B
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Social Impact

Crypto & Web3

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

McLean, Virginia

Founded

2019

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in ZK rollups boosts OP Labs' blockchain scalability efforts.
  • Partnerships with Coinbase enhance security and credibility for OP Labs.
  • The rise of Layer-3 networks offers new scalability opportunities for OP Labs.

What critics are saying

  • Competition from Arbitrum's Layer-3 networks may divert users from Optimism.
  • $56 million token unlock could lead to market volatility for OP Labs.
  • Resource allocation for Coinbase partnership may slow other OP Labs projects.

What makes OP Labs unique

  • OP Labs is pioneering permissionless fault proofs on the Optimism mainnet.
  • The company is collaborating with Succinct Labs on innovative ZK rollup solutions.
  • OP Labs has secured talent like former Consensys product lead Ben Edgington.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Remote Work Options

Company News

Crypto News
Sep 11th, 2024
Succinct and OP Labs team up on ZK rollups

On Sept. 11, Succinct Labs announced its partnership with OP Labs, a startup contributing to the development of the Optimism op-3.23% Optimism protocol, to create OP Succinct.

Crypto Briefing
Jun 29th, 2024
Optimism to unlock $56 million in tokens today, OP slides 2%

Earlier this month, OP Labs, the development team behind Optimism, announced the launch of permissionless fault proofs on the Optimism mainnet, a milestone for the project as it moves closer to its goal of a decentralized network.

The Block
Feb 8th, 2024
Former Consensys product lead Ben Edgington joins OP Labs

Former Consensys product lead Ben Edgington joins OP Labs.

CipherTrace
Nov 17th, 2023
Crypto && Coffee 146 - Ciphertrace

OP Labs announces the first post-Bedrock network upgrade for the Optimism ecosystem, Canyon.

Truth Group
Oct 27th, 2023
Arbitrum, Ethereum's Largest Layer-2 Blockchain, Declares 'Layer-3' Networks Prepared for Mainnet

Competing against Orbit is OP Labs, the driving force behind OP Mainnet, a layer-2 chain previously known as Optimism.

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