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About ink
Ink, an Ethereum Layer 2 incubated by Kraken, has achieved several milestones with long-term significance. Its mainnet launched in early 2025, marking a key step in providing a DeFi-focused chain built on the OP Stack. In a major security upgrade, Ink partnered with Optimism to introduce permissionless fault proofs, enhancing decentralization and trustlessness. The ecosystem expanded with the launch of Tydro, a lending protocol based on Aave v3, which was approved by Aave DAO as a white-label platform expected to attract over $250 million in liquidity. Additionally, Ink Foundation announced plans to issue an INK token with a total supply of 1 billion, signaling governance and incentive mechanisms. The stablecoin USDG was also deployed on Ink, bridging traditional finance with on-chain activity. These developments collectively position Ink as a significant player in the Superchain ecosystem, focusing on DeFi accessibility and robust infrastructure.
In June 2026, Ink upgraded to OP Enterprise Fully Managed, becoming a launch partner for its premium features (programmable block building, one-day L2-to-L1 withdrawals, 200ms subblock architecture, sequencer-level compliance). The network is now operated by the Optimism team, while the Ink Foundation focuses on ecosystem and financial product development. Current on-chain application annual revenue is approximately $40 million.
In August 2026, Ink announced chain and asset-level upgrades aimed at supporting 24/7 onchain capital markets, focusing on enhancing security and compliance, with partners including Hypernative, Chainlink, Aave, and others.
Future priorities are clear: achieving 400 megagas throughput and 100ms block times by the end of 2026; continuing to deepen security and compliance capabilities to drive institutional-grade financial product adoption.
Based on available information, only one founder is identified:
nightelf - Founder of Ink. No detailed public biography is available.