Convert Optimism OP to Coinbase Wrapped Staked ETH CBETH
OP to CBETH: 1 Optimism converts to 0.00004317 CBETH
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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 cbETH
Optimism is falling, while Coinbase Wrapped Staked ETH is climbing this week. The current OP to cbETH conversion rate is 0.00004317. Inversely, this means that if you convert 1 cbETH you will get 23,162.67 OP. The conversion rate of OP/cbETH has increased by 0.02% in the last hour (cbETH/OP decreased by 0.02%). In the last 24 hours, OP/cbETH shrunk by 1.95%, while cbETH/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.00004317 cbETH. In other words, to buy 5 Optimism, it would cost you 0.00021586 cbETH. Inversely, 1 cbETH would allow you to trade for 23,162.67 OP while 50 cbETH would convert to 1,158,133.69 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14%. Meanwhile, in the last 24 hours, the rate has changed by 2.56%, and that the highest exchange rate of 1 OP to cbETH was 0.00004503 cbETH and the lowest 24 hour value was 1 OP for 0.00004314 cbETH. Last month, 1 OP was worth 0.00005197 cbETH. Today, it's down 20.39%. Looking back a year, Optimism has changed by 0.0001942 cbETH. That means that in a single year, the value of Optimism has shrank by 349.89%.
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
Coinbase Wrapped Staked ETH Market Stats
Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents ETH staked through Coinbase. Coinbase customers can wrap their locked staked ETH to receive cbETH, which is an asset that can be traded, moved on-chain, and used in DeFi and other dapps. cbETH is known as a liquid staking token because it allows holders to get the benefits of staking without lockups or unbonding periods.
Conversion tables
OP to CBETH values from Today at 6:27 pm
0.5 OP = 0.00002159 CBETH |
1 OP = 0.00004317 CBETH |
5 OP = 0.0002159 CBETH |
10 OP = 0.0004317 CBETH |
50 OP = 0.002159 CBETH |
100 OP = 0.004317 CBETH |
500 OP = 0.02159 CBETH |
1,000 OP = 0.04317 CBETH |
CBETH to OP values from Today at 6:27 pm
0.5 CBETH = 11,581.34 OP |
1 CBETH = 23,162.67 OP |
5 CBETH = 115,813.37 OP |
10 CBETH = 231,626.74 OP |
50 CBETH = 1,158,133.69 OP |
100 CBETH = 2,316,267.38 OP |
500 CBETH = 11,581,336.90 OP |
1,000 CBETH = 23,162,673.80 OP |
OP to CBETH over time
OP | Today | 24H -2.56% | 1M -20.39% | 1Y -349.89% |
|---|---|---|---|---|
0.5 OP | 0.00002159 CBETH | 0.00002214 CBETH | 0.00002599 CBETH | 0.00009712 CBETH |
1 OP | 0.00004317 CBETH | 0.00004428 CBETH | 0.00005197 CBETH | 0.0001942 CBETH |
5 OP | 0.0002159 CBETH | 0.0002214 CBETH | 0.0002599 CBETH | 0.0009712 CBETH |
10 OP | 0.0004317 CBETH | 0.0004428 CBETH | 0.0005197 CBETH | 0.001942 CBETH |
50 OP | 0.002159 CBETH | 0.002214 CBETH | 0.002599 CBETH | 0.009712 CBETH |
100 OP | 0.004317 CBETH | 0.004428 CBETH | 0.005197 CBETH | 0.01942 CBETH |
500 OP | 0.02159 CBETH | 0.02214 CBETH | 0.02599 CBETH | 0.09712 CBETH |
1,000 OP | 0.04317 CBETH | 0.04428 CBETH | 0.05197 CBETH | 0.1942 CBETH |
Frequently asked questions
Right now, 1 Optimism is worth about A$0.1336.
Based on the current rate, you could get 7.49 OP for 1 AUD.
Optimism price has been on the rise. Since yesterday, the exchange rate of Optimism has increased. 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 AUD calculator at the top of this page to convert any amount of OP to AUD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AUD is equivalent to 37.43 OP. Inversely, 5 OP will cost about A$0.668
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, Kite, and Decred. 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.