In a single month, Base contributed over $1M in revenue to the OP Stack—L2 projects like Ink, Unichain, World Chain, and Kraken each take a 15% profit share. Calculations show that OP Stack supports 50-70% of the entire L2 ecosystem's activity, yet the market values it as a dead chain at a price of $0.277. The irony is that OP holds this continuously flowing on-chain revenue, while also controlling governance rights over a multi-billion dollar treasury—so is this undervaluation or does the market have its own reasoning?

OP-2.77%
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LeekCuttervip
· 10h ago
OP's price is really outrageous, earning millions a month but still being thrown away like trash
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GateUser-a5fa8bd0vip
· 11h ago
OP's valuation is indeed outrageous; achieving this result and still being held down.
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BrokenDAOvip
· 11h ago
The issue is not about being undervalued, but rather that OP's governance incentive mechanism is fundamentally flawed — holding the treasury without binding profit sharing. Isn't this a classic case of the separation of power and利益?
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PanicSellervip
· 11h ago
OP's valuation is really outrageous; supporting half of the ecosystem, yet no one is optimistic.
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Gm_Gn_Merchantvip
· 11h ago
OP's price is indeed outrageous, holding a treasury and continuous income yet still being discarded as trash
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FrogInTheWellvip
· 11h ago
Honestly, OP's valuation is indeed outrageous. Receiving millions of dollars every month and still being sold as trash? Has the market lost its mind?
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