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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 GROOVE
Optimism is falling, while GROOVE is climbing this week. The current OP to GROOVE conversion rate is 4,422.92. Inversely, this means that if you convert 1 GROOVE you will get 0.0002261 OP. The conversion rate of OP/GROOVE has decreased by 0.53% in the last hour (GROOVE/OP increased by 0.53%). In the last 24 hours, OP/GROOVE shrunk by 0.95%, while GROOVE/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 4,422.92 GROOVE. In other words, to buy 5 Optimism, it would cost you 22,114.59 GROOVE. Inversely, 1 GROOVE would allow you to trade for 0.0002261 OP while 50 GROOVE would convert to 0.0113 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.48%. Meanwhile, in the last 24 hours, the rate has changed by 1.49%, and that the highest exchange rate of 1 OP to GROOVE was 4,516.53 GROOVE and the lowest 24 hour value was 1 OP for 4,426.90 GROOVE. Last month, 1 OP was worth 4,782.64 GROOVE. Today, it's down 8.13%. Looking back a year, Optimism has changed by 38,713.90 GROOVE. That means that in a single year, the value of Optimism has shrank by 775.3%.
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
GROOVE Market Stats
GrooveUP is doing for MUSIC what Rotten Tomato does for films/movies.
Conversion tables
OP to GROOVE values from Today at 8:46 am
0.5 OP = 2,211.46 GROOVE |
1 OP = 4,422.92 GROOVE |
5 OP = 22,114.59 GROOVE |
10 OP = 44,229.19 GROOVE |
50 OP = 221,145.95 GROOVE |
100 OP = 442,291.89 GROOVE |
500 OP = 2,211,459.47 GROOVE |
1,000 OP = 4,422,918.94 GROOVE |
GROOVE to OP values from Today at 8:44 am
0.5 GROOVE = 0.000113 OP |
1 GROOVE = 0.0002261 OP |
5 GROOVE = 0.00113 OP |
10 GROOVE = 0.002261 OP |
50 GROOVE = 0.0113 OP |
100 GROOVE = 0.02261 OP |
500 GROOVE = 0.113 OP |
1,000 GROOVE = 0.2261 OP |
OP to GROOVE over time
OP | Today | 24H -1.49% | 1M -8.13% | 1Y -775.30% |
|---|---|---|---|---|
0.5 OP | 2,211.46 GROOVE | 2,244.39 GROOVE | 2,391.32 GROOVE | 19,356.95 GROOVE |
1 OP | 4,422.92 GROOVE | 4,488.78 GROOVE | 4,782.64 GROOVE | 38,713.90 GROOVE |
5 OP | 22,114.59 GROOVE | 22,443.91 GROOVE | 23,913.22 GROOVE | 193,569.48 GROOVE |
10 OP | 44,229.19 GROOVE | 44,887.81 GROOVE | 47,826.43 GROOVE | 387,138.96 GROOVE |
50 OP | 221,145.95 GROOVE | 224,439.06 GROOVE | 239,132.17 GROOVE | 1,935,694.81 GROOVE |
100 OP | 442,291.89 GROOVE | 448,878.12 GROOVE | 478,264.35 GROOVE | 3,871,389.61 GROOVE |
500 OP | 2,211,459.47 GROOVE | 2,244,390.58 GROOVE | 2,391,321.73 GROOVE | 19,356,948.07 GROOVE |
1,000 OP | 4,422,918.94 GROOVE | 4,488,781.16 GROOVE | 4,782,643.46 GROOVE | 38,713,896.14 GROOVE |
Frequently asked questions
Right now, 1 Optimism is worth about $0.0945.
Based on the current rate, you could get 10.58 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 decreased. 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 52.91 OP. Inversely, 5 OP will cost about $0.4725
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 Maple Finance, Velvet, and Velvet. 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.