Optimism CBO argues perp exchanges must own their infrastructure
Optimism (OP)
Editor:
Eugene Serbin
cryptobriefing.com reports that Kyle Jenke, Optimism’s Chief Business Officer, spoke at CONNECT: Seoul on September 29 to argue that perpetual futures exchanges should build dedicated chains rather than renting capacity. Jenke stated that platforms controlling their own infrastructure can fine-tune execution speed and compliance, whereas those on shared chains face constraints from competing traffic. He highlighted Kraken’s Ink chain, built on the OP Stack, as a model where dedicated infrastructure allows prioritized transaction types and rapid growth in total value locked.
This ownership also enables granular control over protocol-level compliance, such as KYC gates and jurisdiction-specific rules. Optimism has been actively expanding its presence in South Korea, with Upbit launching the GIWA Chain in May 2026 as the first Self-Managed OP Enterprise deployment. Further partnerships include a proof of concept for a Korean won stablecoin with Toss in July, and collaborations with DB Securities and KB Securities for tokenized products.
Jenke also addressed Ethereum Korea One on September 28, underscoring the focus on the region. Dedicated block production guarantees execution speeds and transaction ordering, which are critical for high-frequency and algorithmic traders. The discussion at Korea Blockchain Week emphasized liquidity depth and execution quality as key differentiators.
How the market reacted
Whalio's own Binance spot order flow for OP, measured when this story was written up on 30 September 2026. Not the outlet's figures.
OP is trading at $0.1289 with a 1-hour buy ratio of 53.8%, indicating a short-term surge in buying pressure compared to the 47.6% ratio over the previous 4 hours. This recent shift is supported by a positive 1-hour volume delta of +$36,246, contrasting sharply with the negative 4-hour delta of -$151,287. Over the last 24 hours, the buy ratio has settled at 45.6%, and the volume delta is -$719,759, suggesting that the immediate buying surge is fading into broader selling pressure. The cumulative volume delta (CVD) for the 24-hour close is +$509,198, showing that net buying has occurred in 10 out of the last 24 hours. Spot volume for the period stands at $8,225,024 across 95,413 trades.
The latest daily buy ratio of 49.5% sits at the 41st percentile of the last 322 days, against a median of 50.1% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for OP, averaged over the days leading up to the story.
Over the preceding week, OP experienced a 7-day average buy ratio of 50.6%, meaning today’s 24-hour ratio of 45.6% is 5.0 percentage points lower than the weekly norm. Volume relative to the average is 0.94x, indicating slightly lighter trading activity than usual. The coin has seen a price change of -4.7% over the last 8 days, with a total volume delta of +$88,738 for that period. While there were 5 days of net buying in the last week, the current 24-hour data shows a divergence from that weekly trend, marking a less bullish day than the weekly average.