What is Ink
Here's how it works:
- Built on Ethereum with the OP Stack: Ink is a Layer 2 blockchain, which means it runs on top of Ethereum. It uses the OP Stack (a tech from Optimism) to help it run faster and more smoothly. This also makes it part of the Superchain, a group of blockchains that share tools and work together.
- Created by Kraken, a trusted exchange: Kraken has been in crypto for over 10 years. They made Ink to bring their experience to a new platform. That helps make Ink more credbile and easy to trust.
- Focuses on fast, low-cost DeFi: Ink lets you trade, lend, or use other financial tools without a bank. It creates new blocks every second. That keeps transactions quick. It also keeps fees low, so you don’t spend too much when using DeFi.
- Welcomes new and experienced users: Ink makes it simple for people just starting with crypto. You can move between traditional money and crypto easily. If you're already into crypto, you’ll find it powerful and flexible too.
In summary, Ink is a secure, fast, and beginner-friendly DeFi platform built by Kraken to connect more people to the crypto world.
Team of Ink
Co-CEO
Arjun Sethi is the Co-Chief Executive Officer of Kraken. He was appointed in October 2024, bringing extensive experience in fintech and blockchain to the role. He collaborates with Co-CEO David Ripley to lead Kraken’s expansion, including the development of its Layer 2 blockchain, Ink, launched in 2025.
Ink review
Ecosystem Ready
Ink launched with more than a dozen DeFi partners like Curve and LayerZero. This gives you instant access to real applications and solving the usual struggle new Layer 2s face with attracting both users and developers.
Regulatory Experience
Kraken’s long track record of navigating crypto regulations gives Ink a major advantage in avoiding legal pitfalls. This is especially the case when trying to serve institutional users who expect compliance and clarity.
Revenue Model Stability
Instead of relying on token sales, Ink earns money through Kraken’s sequencer role. This is already a proven business model as seen with Base earning over $50M in one quarter.
Decentralization Roadmap
Even though Kraken currently operates the sequencer, Ink has built-in mechanisms like fault proofs to reduce central control over time.
No Incentive Token
Without a native token, Ink may find it harder to attract users or developers who often expect rewards or community ownership in return for early participation.
Centralized Sequencer Risk Lingers
Kraken still controls the sequencer, creating a single point of failure that could lead to trust issues.
Superchain Dependency Trade-Off
Relying on Optimism’s Superchain gives Ink shared security and tools, but it also ties Ink’s future to Optimism’s.