About OP and ETH
Optimism is climbing, while Ethereum is falling this week. The current OP to ETH conversion rate is 0.000063. Inversely, this means that if you convert 1 ETH you will get 15,920.95 OP. The conversion rate of OP/ETH has increased by 0.03% in the last hour (ETH/OP decreased by 0.03%). In the last 24 hours, OP/ETH grew by 0.1%, while ETH/OP shrunk by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.000063 ETH. In other words, to buy 5 Optimism, it would cost you 0.000314 ETH. Inversely, 1 ETH would allow you to trade for 15,920.95 OP while 50 ETH would convert to 796,047.43 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 49.61%. Meanwhile, in the last 24 hours, the rate has changed by 0.93%, and that the highest exchange rate of 1 OP to ETH was 0.000066 ETH and the lowest 24 hour value was 1 OP for 0.000063 ETH. Last month, 1 OP was worth 0.000102 ETH. Today, it's down 62.75%. Looking back a year, Optimism has changed by 0.000432 ETH. That means that in a single year, the value of Optimism has shrank by 588.22%.
Optimism Market Stats
Optimism is a network of chains called the Superchain, built on the open-source OP Stack. OP Mainnet was the first chain, with several others now operating on the OP Stack architecture, including Base (by Coinbase), Unichain (by Uniswap), Ink (by Kraken), and World Chain (by Worldcoin). The OP Stack serves as a framework for Ethereum Layer 2 chains and supports significant L2 activity. Every OP Chain in the Superchain contributes back to the Optimism Collective and all chains follow a standardized revenue-sharing model: the greater of 2.5% of total chain revenue or 15% of onchain profit (defined as fees minus L1 gas costs) is paid back to the Optimism. By aligning economic incentives across many chains, Optimism aims to transform Ethereum scaling into a sustainable flywheel by delivering fast, low-cost transactions while reinvesting in the future of the ecosystem. OP holders participate in governance to shape protocol upgrades, funding decisions, and more
Ethereum Market Stats
Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Conversion tables
OP to ETH values from Today at 7:33 pm
0.5 OP = 0.000031 ETH |
1 OP = 0.000063 ETH |
5 OP = 0.000314 ETH |
10 OP = 0.000628 ETH |
50 OP = 0.0031 ETH |
100 OP = 0.0063 ETH |
500 OP = 0.0314 ETH |
1,000 OP = 0.0628 ETH |
ETH to OP values from Today at 7:33 pm
0.5 ETH = 7,960.47 OP |
1 ETH = 15,920.95 OP |
5 ETH = 79,604.74 OP |
10 ETH = 159,209.49 OP |
50 ETH = 796,047.43 OP |
100 ETH = 1,592,094.86 OP |
500 ETH = 7,960,474.29 OP |
1,000 ETH = 15,920,948.58 OP |
OP to ETH over time
OP | Today | 24H -0.93% | 1M -62.75% | 1Y -588.22% |
|---|---|---|---|---|
0.5 OP | 0.000031 ETH | 0.000032 ETH | 0.000051 ETH | 0.000216 ETH |
1 OP | 0.000063 ETH | 0.000063 ETH | 0.000102 ETH | 0.000432 ETH |
5 OP | 0.000314 ETH | 0.000317 ETH | 0.000511 ETH | 0.0022 ETH |
10 OP | 0.000628 ETH | 0.000634 ETH | 0.0010 ETH | 0.0043 ETH |
50 OP | 0.0031 ETH | 0.0032 ETH | 0.0051 ETH | 0.0216 ETH |
100 OP | 0.0063 ETH | 0.0063 ETH | 0.0102 ETH | 0.0432 ETH |
500 OP | 0.0314 ETH | 0.0317 ETH | 0.0511 ETH | 0.22 ETH |
1,000 OP | 0.0628 ETH | 0.0634 ETH | 0.10 ETH | 0.43 ETH |
Frequently asked questions
Right now, 1 Optimism is worth about CA$0.16.
Based on the current rate, you could get 6.26 OP for 1 CAD.
Optimism price has been declining. Since yesterday, the exchange rate of Optimism has decreased. Since last month, the exchange rate of Optimism has decreased. Since this time last year, the price of Optimism has decreased.
You can use our OP to CAD calculator at the top of this page to convert any amount of OP to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 31.32 OP. Inversely, 5 OP will cost about CA$0.80
Optimism is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Optimism.
There are a number of crypto assets that have the a similar or comparable market cap to Optimism, including Conflux, AB, and Lido DAO Token. For a more robust list of assets to explore, jump to the asset page dedicated to Optimism.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.
