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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.
About DEGEN and OP
Degen is climbing, while Optimism is falling this week. The current DEGEN to OP conversion rate is 0.01202. Inversely, this means that if you convert 1 OP you will get 83.19 DEGEN. The conversion rate of DEGEN/OP has increased by 0.56% in the last hour (OP/DEGEN decreased by 0.56%). In the last 24 hours, DEGEN/OP grew by 0.51%, while OP/DEGEN shrunk by the same amount.
The exchange rate of Degen is increasing. The current value of 1 DEGEN is 0.01202 OP. In other words, to buy 5 Degen, it would cost you 0.0601 OP. Inversely, 1 OP would allow you to trade for 83.19 DEGEN while 50 OP would convert to 4,159.48 DEGEN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 21.86%. Meanwhile, in the last 24 hours, the rate has changed by 0.51%, and that the highest exchange rate of 1 DEGEN to OP was 0.0123 OP and the lowest 24 hour value was 1 DEGEN for 0.01187 OP. Last month, 1 DEGEN was worth 0.01411 OP. Today, it's down 17.35%. Looking back a year, Degen has changed by 0.00657 OP. That means that in a single year, the value of Degen has grown by 45.35%.
Degen Market Stats
DEGEN is a reward token for Farcaster users, born from meme culture. It uses a unique tipping system that empowers the community to reward quality content creators. It also powers the Degen chain, one of the pioneering L3s launched on Base.
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
Conversion tables
DEGEN to OP values from Today at 1:37 am
0.5 DEGEN = 0.00601 OP |
1 DEGEN = 0.01202 OP |
5 DEGEN = 0.0601 OP |
10 DEGEN = 0.1202 OP |
50 DEGEN = 0.601 OP |
100 DEGEN = 1.20 OP |
500 DEGEN = 6.01 OP |
1,000 DEGEN = 12.02 OP |
OP to DEGEN values from Today at 1:37 am
0.5 OP = 41.59 DEGEN |
1 OP = 83.19 DEGEN |
5 OP = 415.95 DEGEN |
10 OP = 831.90 DEGEN |
50 OP = 4,159.48 DEGEN |
100 OP = 8,318.97 DEGEN |
500 OP = 41,594.83 DEGEN |
1,000 OP = 83,189.66 DEGEN |
DEGEN to OP over time
DEGEN | Today | 24H 0.51% | 1M -17.35% | 1Y 45.35% |
|---|---|---|---|---|
0.5 DEGEN | 0.00601 OP | 0.00598 OP | 0.007053 OP | 0.003285 OP |
1 DEGEN | 0.01202 OP | 0.01196 OP | 0.01411 OP | 0.00657 OP |
5 DEGEN | 0.0601 OP | 0.0598 OP | 0.07053 OP | 0.03285 OP |
10 DEGEN | 0.1202 OP | 0.1196 OP | 0.1411 OP | 0.0657 OP |
50 DEGEN | 0.601 OP | 0.598 OP | 0.7053 OP | 0.3285 OP |
100 DEGEN | 1.20 OP | 1.20 OP | 1.41 OP | 0.657 OP |
500 DEGEN | 6.01 OP | 5.98 OP | 7.05 OP | 3.28 OP |
1,000 DEGEN | 12.02 OP | 11.96 OP | 14.11 OP | 6.57 OP |
Frequently asked questions
Right now, 1 Degen is worth about $0.00116.
Based on the current rate, you could get 862.07 DEGEN for 1 USD.
Degen price has been declining. Since yesterday, the exchange rate of Degen has decreased. Since last month, the exchange rate of Degen has decreased. Since this time last year, the price of Degen has decreased.
You can use our DEGEN to USD calculator at the top of this page to convert any amount of DEGEN to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4,310.34 DEGEN. Inversely, 5 DEGEN will cost about $0.0058
Degen is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Degen.
There are a number of crypto assets that have the a similar or comparable market cap to Degen, including Electronic USD, ConstitutionDAO, and BOOK OF MEME. For a more robust list of assets to explore, jump to the asset page dedicated to Degen.
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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.