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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 DEGEN
Optimism is climbing, while Degen is falling this week. The current OP to DEGEN conversion rate is 83.91. Inversely, this means that if you convert 1 DEGEN you will get 0.01192 OP. The conversion rate of OP/DEGEN has increased by 1.04% in the last hour (DEGEN/OP decreased by 1.04%). In the last 24 hours, OP/DEGEN grew by 0.65%, while DEGEN/OP shrunk by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 83.91 DEGEN. In other words, to buy 5 Optimism, it would cost you 419.54 DEGEN. Inversely, 1 DEGEN would allow you to trade for 0.01192 OP while 50 DEGEN would convert to 0.5959 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 17.6%. Meanwhile, in the last 24 hours, the rate has changed by 0.33%, which means that the highest exchange rate of 1 OP to DEGEN was 84.22 DEGEN and the lowest 24 hour value was 1 OP for 81.21 DEGEN. Last month, 1 OP was worth 71.67 DEGEN. Today, it's up 14.59%. Looking back a year, Optimism has changed by 152.22 DEGEN. That means that in a single year, the value of Optimism has shrank by 81.41%.
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
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.
Conversion tables
OP to DEGEN values from Today at 3:08 am
0.5 OP = 41.95 DEGEN |
1 OP = 83.91 DEGEN |
5 OP = 419.54 DEGEN |
10 OP = 839.07 DEGEN |
50 OP = 4,195.35 DEGEN |
100 OP = 8,390.71 DEGEN |
500 OP = 41,953.53 DEGEN |
1,000 OP = 83,907.06 DEGEN |
DEGEN to OP values from Today at 3:08 am
0.5 DEGEN = 0.005959 OP |
1 DEGEN = 0.01192 OP |
5 DEGEN = 0.05959 OP |
10 DEGEN = 0.1192 OP |
50 DEGEN = 0.5959 OP |
100 DEGEN = 1.19 OP |
500 DEGEN = 5.96 OP |
1,000 DEGEN = 11.92 OP |
OP to DEGEN over time
OP | Today | 24H -0.33% | 1M 14.59% | 1Y -81.41% |
|---|---|---|---|---|
0.5 OP | 41.95 DEGEN | 42.09 DEGEN | 35.83 DEGEN | 76.11 DEGEN |
1 OP | 83.91 DEGEN | 84.19 DEGEN | 71.67 DEGEN | 152.22 DEGEN |
5 OP | 419.54 DEGEN | 420.94 DEGEN | 358.33 DEGEN | 761.08 DEGEN |
10 OP | 839.07 DEGEN | 841.88 DEGEN | 716.67 DEGEN | 1,522.15 DEGEN |
50 OP | 4,195.35 DEGEN | 4,209.40 DEGEN | 3,583.33 DEGEN | 7,610.76 DEGEN |
100 OP | 8,390.71 DEGEN | 8,418.80 DEGEN | 7,166.67 DEGEN | 15,221.52 DEGEN |
500 OP | 41,953.53 DEGEN | 42,094.02 DEGEN | 35,833.33 DEGEN | 76,107.61 DEGEN |
1,000 OP | 83,907.06 DEGEN | 84,188.03 DEGEN | 71,666.67 DEGEN | 152,215.22 DEGEN |
Frequently asked questions
Right now, 1 Optimism is worth about $0.0975.
Based on the current rate, you could get 10.26 OP for 1 USD.
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 51.28 OP. Inversely, 5 OP will cost about $0.4875
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.
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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.