Overview
- The move, announced for the coming months, will shift roughly 70,000 active cards, 300,000 accounts, and more than $160 million in user TVL to OP Mainnet.
- Ether.fi says users should see a seamless transition with the company covering gas fees and network costs for card transactions.
- Migration is intended to expand swap liquidity and open access to a wider range of assets for deposits and withdrawals within the Optimism ecosystem.
- Post-migration incentives include OP token rewards, 3% or higher cashback, in-app campaigns, travel discounts, and free metal cards.
- Optimism reports the OP Stack processed 3.6 billion transactions in H2 2025, while Ether.fi Cash currently handles about 28,000 daily spend transactions totaling roughly $2 million.