In the past week, the interaction volume of the Personal Protocol on Optimism was nearly 140000, ranking first

On February 24, according to the information on the Orbiter. finance page, the number of interactions between Optimism and the centralized Perpetual Protocol reached 139433 in the past week, ranking first, far higher than the second AMM protocol Velodrome. In addition, DEX Uniswap, Synthetic Asset Issuance Agreement Synthetix and Ethereum Lossless Lottery Platform PoolTogether ranked 3-5.

Interpretation of this information:

The message is referring to the recent increase of interactions between Optimism and the centralized Perpetual Protocol. The information was obtained from the Orbiter finance page, which monitors various crypto-related activities. It was noted that the number of interactions between the two protocols surpassed that of other AMM protocols like Velodrome, as well as some other decentralized platforms such as Uniswap, Synthetix, and PoolTogether. This is a significant milestone for Optimism, indicating that the protocol is becoming increasingly attractive to users.

Optimism is a layer-2 scaling solution designed for the Ethereum network. It aims to help alleviate the network’s congestion and reduce high gas fees. The protocol uses optimistic rollups, a technique that enables for several transactions to be processed and compressed into a single batch. This approach improves the overall efficiency of the network by increasing the throughput rate.

It is worth noting that Perpetual Protocol is a centralized trading platform that supports synthetic perpetual contracts. These contracts are created to track the value of underlying assets like cryptocurrencies, commodities, and stocks. Perpetual Protocol serves as a platform for trading these assets with leverage, and it has grown in popularity over time. The recent collaboration with Optimism has seen the platform’s user base grow even larger, testimony to the strength of the partnership.

The fact that Optimism has surpassed other decentralized platforms in terms of user interactions is of great significance. This indicates that the scalability issue on Ethereum is becoming more pressing, and there is a need to find solutions. With the growing adoption of cryptocurrency and blockchain technology, it is essential to have a network that can handle a vast number of transactions without compromising speed or security.

In summary, the message indicates that Optimism’s collaboration with Perpetual Protocol is yielding results. The protocol has surpassed other decentralized platforms in terms of user interactions in a week, indicating that scalability solutions like Optimism are crucial. The keywords of the message are Optimism, Perpetual Protocol, and Decentralized Platforms.