Internal sources report that Optimism is cutting more than 20% of its workforce, a significant drawdown for the Ethereum layer-2. The move could slow product roadmaps and developer support as the company clarifies next steps.
OP plunged 23% in the last 24 hours to a fresh all-time low after reports that Base is distancing itself from Optimism. Heavy selling has overwhelmed recent buying interest and deepened an already fragile downtrend.
Dromos Labs announced the launch of Aero, a unified trading system that will replace and merge Aerodrome (Base) and Velodrome (Optimism) and extend to other Ethereum chains. The overhaul is intended to consolidate liquidity and simplify trading across networks.
Aerodrome and Velodrome Finance have merged under Dromos Labs to launch Aero, a unified cross-chain DEX connecting Base and Optimism. The consolidation aims to pool liquidity and streamline AMM features across both chains.