Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase. Terms apply.
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 SHOG
Optimism is falling, while SHOG is climbing this week. The current OP to SHOG conversion rate is 357.55. Inversely, this means that if you convert 1 SHOG you will get 0.002797 OP. The conversion rate of OP/SHOG has decreased by 1.61% in the last hour (SHOG/OP increased by 1.61%). In the last 24 hours, OP/SHOG shrunk by 4.84%, while SHOG/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 357.55 SHOG. In other words, to buy 5 Optimism, it would cost you 1,787.73 SHOG. Inversely, 1 SHOG would allow you to trade for 0.002797 OP while 50 SHOG would convert to 0.1398 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 25.41%. Meanwhile, in the last 24 hours, the rate has changed by 6.49%, and that the highest exchange rate of 1 OP to SHOG was 380.74 SHOG and the lowest 24 hour value was 1 OP for 357.55 SHOG. Last month, 1 OP was worth 475.67 SHOG. Today, it's down 33.04%. Looking back a year, Optimism has changed by 1,502.05 SHOG. That means that in a single year, the value of Optimism has shrank by 320.1%.
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
SHOG Market Stats
Shoggoth - a peer-to-peer, anonymous network for publishing and distributing open-source Machine Learning models, code repositories, research papers, and datasets. As government regulations on open-source AI research and development tighten worldwide, it has become clear that existing open-source infrastructure is vulnerable to state and corporate censorship. Driven by the need for a community platform impervious to geopolitical interference, I have spent the last several months developing Shoggoth. This distributed network operates outside traditional jurisdictional boundaries, stewardered by an anonymous volunteer collective. Shoggoth provides a portal for researchers and software developers to freely share works without fear of repercussion. The time has come to liberate AI progress from constraints both corporate and governmental.
Conversion tables
OP to SHOG values from Today at 4:05 pm
0.5 OP = 178.77 SHOG |
1 OP = 357.55 SHOG |
5 OP = 1,787.73 SHOG |
10 OP = 3,575.47 SHOG |
50 OP = 17,877.33 SHOG |
100 OP = 35,754.67 SHOG |
500 OP = 178,773.34 SHOG |
1,000 OP = 357,546.69 SHOG |
SHOG to OP values from Today at 4:05 pm
0.5 SHOG = 0.001398 OP |
1 SHOG = 0.002797 OP |
5 SHOG = 0.01398 OP |
10 SHOG = 0.02797 OP |
50 SHOG = 0.1398 OP |
100 SHOG = 0.2797 OP |
500 SHOG = 1.40 OP |
1,000 SHOG = 2.80 OP |
OP to SHOG over time
OP | Today | 24H -6.49% | 1M -33.04% | 1Y -320.10% |
|---|---|---|---|---|
0.5 OP | 178.77 SHOG | 190.37 SHOG | 237.84 SHOG | 751.02 SHOG |
1 OP | 357.55 SHOG | 380.74 SHOG | 475.67 SHOG | 1,502.05 SHOG |
5 OP | 1,787.73 SHOG | 1,903.69 SHOG | 2,378.36 SHOG | 7,510.23 SHOG |
10 OP | 3,575.47 SHOG | 3,807.39 SHOG | 4,756.71 SHOG | 15,020.47 SHOG |
50 OP | 17,877.33 SHOG | 19,036.95 SHOG | 23,783.57 SHOG | 75,102.34 SHOG |
100 OP | 35,754.67 SHOG | 38,073.89 SHOG | 47,567.14 SHOG | 150,204.67 SHOG |
500 OP | 178,773.34 SHOG | 190,369.45 SHOG | 237,835.69 SHOG | 751,023.35 SHOG |
1,000 OP | 357,546.69 SHOG | 380,738.91 SHOG | 475,671.38 SHOG | 1,502,046.70 SHOG |
Frequently asked questions
Right now, 1 Optimism is worth about $0.0925.
Based on the current rate, you could get 10.81 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 54.05 OP. Inversely, 5 OP will cost about $0.4625
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.
Buy Optimism with Coinbase
Create a Coinbase account to buy and sell Optimism on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Popular prediction markets
Popular price predictions
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.





