Convert Wrapped Bitcoin WBTC to Optimism OP
WBTC to OP: 1 Wrapped Bitcoin converts to 649,039.40 OP
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 WBTC and OP
Wrapped Bitcoin is climbing, while Optimism is falling this week. The current WBTC to OP conversion rate is 649,039.40. Inversely, this means that if you convert 1 OP you will get 0.000001541 WBTC. The conversion rate of WBTC/OP has increased by 1.3% in the last hour (OP/WBTC decreased by 1.3%). In the last 24 hours, WBTC/OP grew by 2.19%, while OP/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 649,039.40 OP. In other words, to buy 5 Wrapped Bitcoin, it would cost you 3,245,196.99 OP. Inversely, 1 OP would allow you to trade for 0.000001541 WBTC while 50 OP would convert to 0.00007704 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.03%. Meanwhile, in the last 24 hours, the rate has changed by 2.55%, which means that the highest exchange rate of 1 WBTC to OP was 649,978.81 OP and the lowest 24 hour value was 1 WBTC for 629,352.32 OP. Last month, 1 WBTC was worth 604,077.90 OP. Today, it's up 6.93%. Looking back a year, Wrapped Bitcoin has changed by 165,742.62 OP. That means that in a single year, the value of Wrapped Bitcoin has grown by 74.46%.
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.
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
Conversion tables
WBTC to OP values from Today at 11:14 pm
0.5 WBTC = 324,519.70 OP |
1 WBTC = 649,039.40 OP |
5 WBTC = 3,245,196.99 OP |
10 WBTC = 6,490,393.99 OP |
50 WBTC = 32,451,969.93 OP |
100 WBTC = 64,903,939.86 OP |
500 WBTC = 324,519,699.30 OP |
1,000 WBTC = 649,039,398.60 OP |
OP to WBTC values from Today at 11:16 pm
0.5 OP = 0.0000007704 WBTC |
1 OP = 0.000001541 WBTC |
5 OP = 0.000007704 WBTC |
10 OP = 0.00001541 WBTC |
50 OP = 0.00007704 WBTC |
100 OP = 0.0001541 WBTC |
500 OP = 0.0007704 WBTC |
1,000 OP = 0.001541 WBTC |
WBTC to OP over time
WBTC | Today | 24H 2.55% | 1M 6.93% | 1Y 74.46% |
|---|---|---|---|---|
0.5 WBTC | 324,519.70 OP | 316,255.13 OP | 302,038.95 OP | 82,871.31 OP |
1 WBTC | 649,039.40 OP | 632,510.25 OP | 604,077.90 OP | 165,742.62 OP |
5 WBTC | 3,245,196.99 OP | 3,162,551.26 OP | 3,020,389.49 OP | 828,713.11 OP |
10 WBTC | 6,490,393.99 OP | 6,325,102.53 OP | 6,040,778.99 OP | 1,657,426.22 OP |
50 WBTC | 32,451,969.93 OP | 31,625,512.63 OP | 30,203,894.93 OP | 8,287,131.12 OP |
100 WBTC | 64,903,939.86 OP | 63,251,025.26 OP | 60,407,789.86 OP | 16,574,262.24 OP |
500 WBTC | 324,519,699.30 OP | 316,255,126.31 OP | 302,038,949.29 OP | 82,871,311.20 OP |
1,000 WBTC | 649,039,398.60 OP | 632,510,252.62 OP | 604,077,898.59 OP | 165,742,622.39 OP |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $63,930.38.
Based on the current rate, you could get 0.00001564 WBTC for 1 USD.
Wrapped Bitcoin price has been declining. Since yesterday, the exchange rate of Wrapped Bitcoin has decreased. Since last month, the exchange rate of Wrapped Bitcoin has decreased. Since this time last year, the price of Wrapped Bitcoin has decreased.
You can use our WBTC to USD calculator at the top of this page to convert any amount of WBTC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.00007821 WBTC. Inversely, 5 WBTC will cost about $319,651.90
Wrapped Bitcoin is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Wrapped Bitcoin.
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Bitcoin, including Lido wstETH, Wrapped Beacon ETH, and USDS. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
Buy Wrapped Bitcoin with Coinbase
Create a Coinbase account to buy and sell Wrapped Bitcoin on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency 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.