Convert Optimism OP to Wrapped Bitcoin WBTC
OP to WBTC: 1 Optimism converts to 0.000001258 WBTC
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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 WBTC
Optimism is falling, while Wrapped Bitcoin is climbing this week. The current OP to WBTC conversion rate is 0.000001258. Inversely, this means that if you convert 1 WBTC you will get 794,882.24 OP. The conversion rate of OP/WBTC has increased by 0.66% in the last hour (WBTC/OP decreased by 0.66%). In the last 24 hours, OP/WBTC shrunk by 4.97%, while WBTC/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.000001258 WBTC. In other words, to buy 5 Optimism, it would cost you 0.00000629 WBTC. Inversely, 1 WBTC would allow you to trade for 794,882.24 OP while 50 WBTC would convert to 39,744,111.90 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.56%. Meanwhile, in the last 24 hours, the rate has changed by 3.81%, and that the highest exchange rate of 1 OP to WBTC was 0.000001337 WBTC and the lowest 24 hour value was 1 OP for 0.000001211 WBTC. Last month, 1 OP was worth 0.000001348 WBTC. Today, it's down 7.17%. Looking back a year, Optimism has changed by 0.00000696 WBTC. That means that in a single year, the value of Optimism has shrank by 453.24%.
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
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
OP to WBTC values from Today at 1:16 pm
0.5 OP = 0.000000629 WBTC |
1 OP = 0.000001258 WBTC |
5 OP = 0.00000629 WBTC |
10 OP = 0.00001258 WBTC |
50 OP = 0.0000629 WBTC |
100 OP = 0.0001258 WBTC |
500 OP = 0.000629 WBTC |
1,000 OP = 0.001258 WBTC |
WBTC to OP values from Today at 1:14 pm
0.5 WBTC = 397,441.12 OP |
1 WBTC = 794,882.24 OP |
5 WBTC = 3,974,411.19 OP |
10 WBTC = 7,948,822.38 OP |
50 WBTC = 39,744,111.90 OP |
100 WBTC = 79,488,223.80 OP |
500 WBTC = 397,441,119.01 OP |
1,000 WBTC = 794,882,238.02 OP |
OP to WBTC over time
OP | Today | 24H -3.81% | 1M -7.17% | 1Y -453.24% |
|---|---|---|---|---|
0.5 OP | 0.000000629 WBTC | 0.000000653 WBTC | 0.0000006741 WBTC | 0.00000348 WBTC |
1 OP | 0.000001258 WBTC | 0.000001306 WBTC | 0.000001348 WBTC | 0.00000696 WBTC |
5 OP | 0.00000629 WBTC | 0.00000653 WBTC | 0.000006741 WBTC | 0.0000348 WBTC |
10 OP | 0.00001258 WBTC | 0.00001306 WBTC | 0.00001348 WBTC | 0.0000696 WBTC |
50 OP | 0.0000629 WBTC | 0.0000653 WBTC | 0.00006741 WBTC | 0.000348 WBTC |
100 OP | 0.0001258 WBTC | 0.0001306 WBTC | 0.0001348 WBTC | 0.000696 WBTC |
500 OP | 0.000629 WBTC | 0.000653 WBTC | 0.0006741 WBTC | 0.00348 WBTC |
1,000 OP | 0.001258 WBTC | 0.001306 WBTC | 0.001348 WBTC | 0.00696 WBTC |
Frequently asked questions
Right now, 1 Optimism is worth about $0.09521.
Based on the current rate, you could get 10.50 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 52.52 OP. Inversely, 5 OP will cost about $0.4761
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 Trust Wallet Token, edgeX, and FLOKI. 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.