Swap LINK on Ethereum to DAI on Optimism

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What you need to know

LINK input identity and handling

Chainlink is classified as a governance or utility token for this route. LINK uses a network-specific contract asset on Ethereum. The Ethereum side is contract-tracked rather than a native gas balance. LINK is a contract-token input, so the source wallet needs the network’s native gas asset and may need to approve the exact LINK contract.

Receiving stablecoin DAI

DAI is a crypto-backed dollar-oriented stablecoin whose canonical and bridged contracts vary by network. Its peg design does not make two network representations interchangeable. The destination wallet must support the exact Optimism representation. The route converts a token source into a stablecoin balance; the destination ticker alone is not a contract check.

From Ethereum L1 into Optimism L2

Ethereum source execution occurs on L1, while Optimism delivery occurs on a separate L2 ledger that settles to ethereum. ETH pays source gas and ETH is the destination gas asset; identical-looking wallet addresses do not merge the balances or transaction histories.

DAI output identity and receiving

Dai is classified as a stablecoin for this route. DAI uses a network-specific contract asset on Optimism. The recorded Optimism representation uses 18 decimal places. The receiving wallet must recognize the exact destination DAI contract. Peg intent does not guarantee that a bridged representation has the same liquidity or issuer path.

Optimism destination execution

Optimism is a L2 EVM network in the Ethereum ecosystem. ETH pays destination-side network gas on Optimism. EVM 0x account address An OP Mainnet receipt belongs to the OP Stack L2 and needs ETH on that network for later activity; it is not an Ethereum L1 balance.

Ethereum source execution

Ethereum is a L1 EVM network in the Ethereum ecosystem. ETH pays source-side network gas on Ethereum. EVM 0x account address An Ethereum source pays L1 base and priority fees in ETH, and an ERC-20 input can require a separate approval before the route deposit.

Mistakes specific to LINK Ethereum to DAI Optimism

Route-specific mistakes include sending on a network other than Ethereum; using a destination that is not valid for Optimism; running out of ETH before the source transaction is submitted; selecting a stablecoin by ticker without checking its network contract. An Ethereum source pays L1 base and priority fees in ETH, and an ERC-20 input can require a separate approval before the route deposit. LINK is a contract-token input, so the source wallet needs the network’s native gas asset and may need to approve the exact LINK contract. An OP Mainnet receipt belongs to the OP Stack L2 and needs ETH on that network for later activity; it is not an Ethereum L1 balance. The receiving wallet must recognize the exact destination DAI contract. Peg intent does not guarantee that a bridged representation has the same liquidity or issuer path.

Private Route for LINK → DAI

Ethereum wallet, token-transfer, contract, log, and gas activity remain public, and Optimism wallet, token-transfer, contract, log, and gas activity remain public. For this LINK on Ethereum to DAI on Optimism path, Private Route is intended to reduce the direct visible relationship between activity around the source-side EVM 0x account address and destination-side EVM 0x account address; it does not hide either chain's public records.

  • Reduces the obvious link between the LINK deposit and DAI receipt
  • Compare standard and Private Route options for Ethereum → Optimism
  • Shows what remains public on Ethereum and Optimism before you deposit
Check Private Route availability →

Related routes

Swap LINK on Ethereum to DAI on Optimism FAQs

What exactly leaves Ethereum as LINK?

LINK is a contract representation on Ethereum at 0x514910771af9ca656af840dff83e8264ecf986ca. ETH, not LINK, pays gas unless both symbols are the same. An Ethereum source pays L1 base and priority fees in ETH, and an ERC-20 input can require a separate approval before the route deposit. LINK is a contract-token input, so the source wallet needs the network’s native gas asset and may need to approve the exact LINK contract.

What exactly arrives on Optimism as DAI?

DAI is a contract representation on Optimism with 18 decimals at 0xDA10009cBd5D07dd0CeCc66161FC93D7c9000da1. ETH, not DAI, pays gas unless both symbols are the same. An OP Mainnet receipt belongs to the OP Stack L2 and needs ETH on that network for later activity; it is not an Ethereum L1 balance. The receiving wallet must recognize the exact destination DAI contract. Peg intent does not guarantee that a bridged representation has the same liquidity or issuer path.

Why does the LINK to DAI direction matter?

LINK is a contract-token input, so the source wallet needs the network’s native gas asset and may need to approve the exact LINK contract. On receipt, The receiving wallet must recognize the exact destination DAI contract. Peg intent does not guarantee that a bridged representation has the same liquidity or issuer path.

What changes between the source and destination asset roles?

LINK is the deposited token input; DAI is the quoted stablecoin output. Source allowance or native-spend rules and destination wallet/representation checks are evaluated separately.

What should be matched before sending LINK?

LINK is a contract-token input, so the source wallet needs the network’s native gas asset and may need to approve the exact LINK contract. An Ethereum source pays L1 base and priority fees in ETH, and an ERC-20 input can require a separate approval before the route deposit. An OP Mainnet receipt belongs to the OP Stack L2 and needs ETH on that network for later activity; it is not an Ethereum L1 balance. The receiving wallet must recognize the exact destination DAI contract. Peg intent does not guarantee that a bridged representation has the same liquidity or issuer path.

Which stablecoin contract must this route match?

DAI must match the quoted Optimism representation. A ticker or target price is not enough to identify a token contract.

What funds the Ethereum source transaction?

ETH is the native gas asset for Ethereum. An Ethereum source pays L1 base and priority fees in ETH, and an ERC-20 input can require a separate approval before the route deposit. LINK is token-tracked and can need approval before transfer.

Can I swap LINK on Ethereum to DAI on OP Mainnet without KYC?

Requirements are checked for the live LINK Ethereum to DAI OP Mainnet quote. Verification requirements can depend on the provider, amount, jurisdiction, and current route. Sasquatch does not verify this route as universally no-KYC; check the live flow before continuing.

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