Convert Optimism OP to Coinbase Wrapped Staked ETH CBETH
OP to CBETH: 1 Optimism converts to 0.00003357 CBETH
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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 OP and cbETH
Optimism is falling, while Coinbase Wrapped Staked ETH is climbing this week. The current OP to cbETH conversion rate is 0.00003357. Inversely, this means that if you convert 1 cbETH you will get 29,786.53 OP. The conversion rate of OP/cbETH has increased by 1.5% in the last hour (cbETH/OP decreased by 1.5%). In the last 24 hours, OP/cbETH shrunk by 4.55%, while cbETH/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.00003357 cbETH. In other words, to buy 5 Optimism, it would cost you 0.00016786 cbETH. Inversely, 1 cbETH would allow you to trade for 29,786.53 OP while 50 cbETH would convert to 1,489,326.48 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.25%. Meanwhile, in the last 24 hours, the rate has changed by 4.3%, and that the highest exchange rate of 1 OP to cbETH was 0.00003502 cbETH and the lowest 24 hour value was 1 OP for 0.00003298 cbETH. Last month, 1 OP was worth 0.00004312 cbETH. Today, it's down 28.45%. Looking back a year, Optimism has changed by 0.0001611 cbETH. That means that in a single year, the value of Optimism has shrank by 379.92%.
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
Coinbase Wrapped Staked ETH Market Stats
Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents ETH staked through Coinbase. Coinbase customers can wrap their locked staked ETH to receive cbETH, which is an asset that can be traded, moved on-chain, and used in DeFi and other dapps. cbETH is known as a liquid staking token because it allows holders to get the benefits of staking without lockups or unbonding periods.
Conversion tables
OP to CBETH values from Today at 1:44 pm
0.5 OP = 0.00001679 CBETH |
1 OP = 0.00003357 CBETH |
5 OP = 0.0001679 CBETH |
10 OP = 0.0003357 CBETH |
50 OP = 0.001679 CBETH |
100 OP = 0.003357 CBETH |
500 OP = 0.01679 CBETH |
1,000 OP = 0.03357 CBETH |
CBETH to OP values from Today at 1:43 pm
0.5 CBETH = 14,893.26 OP |
1 CBETH = 29,786.53 OP |
5 CBETH = 148,932.65 OP |
10 CBETH = 297,865.30 OP |
50 CBETH = 1,489,326.48 OP |
100 CBETH = 2,978,652.97 OP |
500 CBETH = 14,893,264.84 OP |
1,000 CBETH = 29,786,529.68 OP |
OP to CBETH over time
OP | Today | 24H -4.30% | 1M -28.45% | 1Y -379.92% |
|---|---|---|---|---|
0.5 OP | 0.00001679 CBETH | 0.00001751 CBETH | 0.00002156 CBETH | 0.00008056 CBETH |
1 OP | 0.00003357 CBETH | 0.00003502 CBETH | 0.00004312 CBETH | 0.0001611 CBETH |
5 OP | 0.0001679 CBETH | 0.0001751 CBETH | 0.0002156 CBETH | 0.0008056 CBETH |
10 OP | 0.0003357 CBETH | 0.0003502 CBETH | 0.0004312 CBETH | 0.001611 CBETH |
50 OP | 0.001679 CBETH | 0.001751 CBETH | 0.002156 CBETH | 0.008056 CBETH |
100 OP | 0.003357 CBETH | 0.003502 CBETH | 0.004312 CBETH | 0.01611 CBETH |
500 OP | 0.01679 CBETH | 0.01751 CBETH | 0.02156 CBETH | 0.08056 CBETH |
1,000 OP | 0.03357 CBETH | 0.03502 CBETH | 0.04312 CBETH | 0.1611 CBETH |
Frequently asked questions
Right now, 1 Optimism is worth about $0.09636.
Based on the current rate, you could get 10.38 OP for 1 USD.
Optimism price has been declining. Since yesterday, the exchange rate of Optimism has decreased. Since last month, the exchange rate of Optimism has increased. Since this time last year, the price of Optimism has decreased.
You can use our OP to USD calculator at the top of this page to convert any amount of OP to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 51.89 OP. Inversely, 5 OP will cost about $0.4818
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 Jito, Convex Finance, and AINFT. 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.