DeFi L1/L2 Update: Bitcoin Hashprice Low, Optimism Buybacks

Summary

The Upside community shared a DeFi L1/L2 update highlighting a record low in Bitcoin hashprice and the launch of a new crypto lending platform by World Liberty Financial. Significantly, the Optimism Foundation proposed using half of Superchain revenue for OP token buybacks, which is a key development for the ecosystem. This announcement provides a snapshot of recent market conditions and important governance proposals within the DeFi space.

DeFi+L1L2 Update:

📉 Bitcoin hashprice fell to record low
🚀 World Liberty Financial launched a crypto lending platform
💰 Optimism Foundation proposed using 50% of Superchain revenue for OP token buybacks

Full details 👇
crypto.com/market-updates/defi-l1l2-weekly-2026-01-14?utm_source=x&utm_medium=social&utm_campaign=rni_defi-l1l2

Discord sent us an expired image link.

View on Discord

The latest from The Upside

Crypto.com Gets $400M Backing from Citadel

🚨 BREAKING: Crypto.com Lands Major Institutional Backing 🚨 💰 $400M Strategic Investment from Citadel Securities 🏦 Company now valued at $20 BILLION 📈 First institutional …

Tokenized Stocks: The Future of Equity

🚀 Tokenized stocks are reshaping the financial landscape. By bridging traditional equities with blockchain, we're seeing structural improvements like 24/7 global market access, T+0 atomic …

Earn $10 BTC for Level Up Members

Growing your portfolio could earn you $BTC 👀 🏅 Top 3,000 eligible Level Up (Plus and above) members earn US$10 in BTC 💡 Buy and/or …

June 2026 Market Update: Crypto Correction

🧵 June Market Update 👇 🌐 June 2026 was a tough month for global financial markets, marked by a broad-based correction. Risk-on assets faced significant …