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Ink (ETH)

What is Ink?​

Ink is a Layer 2 blockchain developed by Kraken, built on the OP Stack and integrated into the Optimism Superchain. By aligning with the Superchain, Ink enables seamless interoperability across networks and delivers faster, cheaper DeFi experiences.

Here are 5 key points about Ink:

Kraken integration: Ink leverages Kraken’s infrastructure to connect fiat services with cutting-edge DeFi.

Superchain interoperability: Part of the Optimism Superchain, enabling frictionless cross-chain fund transfers.

User-first design: Built with aggregation, automation, and abstraction to make on-chain activity intuitive.

DeFi expansion: Scales DeFi products and adoption by offering low fees and high performance.

Security focus: Benefits from Kraken’s long-standing expertise in digital asset custody and security.

Ink on Wraith Wallet​

With Wraith Wallet, you can:

Store ETH on Ink securely.

Send and receive Ink tokens natively.

Swap ETH directly on the Ink network.

πŸ“Œ Note: Ink has no separate native token. Ethereum (ETH) bridged to Ink is used to pay for gas.

ERC20 tokens on Ink​

ERC20 tokens deployed on Ink work just like they do on Ethereum, but with lower fees thanks to its Layer 2 scaling.

How to get Ink ETH​

Buy Ink ETH directly in Wraith Wallet.

Receive ETH with your unique Ink wallet address.

Swap supported tokens into Ink ETH.

⚠️ Only send Ink ETH to your Ink wallet address.

Transaction fees on Ink​

Lower cost than Ethereum Layer 1: Ink uses rollups to keep fees minimal.

Dynamic adjustment: Fees respond to network conditions, keeping throughput efficient.

Cross-chain bridges: Enable low-cost transfers of assets between Ethereum and Ink.

Checking balances​

Wraith Wallet connects directly to the Ink blockchain to show your ETH balance. For more detail, tap View on Ink Explorer, the default Ink block explorer integrated into Wraith Wallet.

Why choose Wraith Wallet for Ink?​

EVM compatible: Full support for Ink smart contracts and dApps.

Secure self-custody: You maintain control of your private keys at all times.

Multi-chain support: Manage Ink alongside Ethereum, Optimism, and other networks in one app.

Summary Ink is a high-performance Layer 2 solution that expands DeFi with Optimism Superchain interoperability and Kraken-grade security. With its focus on efficiency, accessibility, and developer adoption, Ink provides a strong foundation for DeFi growth. Wraith Wallet integrates Ink seamlessly, offering secure, low-cost, and user-friendly access to this fast-evolving ecosystem.

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