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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 ETH
Optimism is climbing, while Ethereum is falling this week. The current OP to ETH conversion rate is 0.00004341. Inversely, this means that if you convert 1 ETH you will get 23,037.11 OP. The conversion rate of OP/ETH has decreased by 1.85% in the last hour (ETH/OP increased by 1.85%). In the last 24 hours, OP/ETH grew by 9.72%, while ETH/OP shrunk by the same amount.
The exchange rate of Optimism is increasing. The current value of 1 OP is 0.00004341 ETH. In other words, to buy 5 Optimism, it would cost you 0.00021704 ETH. Inversely, 1 ETH would allow you to trade for 23,037.11 OP while 50 ETH would convert to 1,151,855.63 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 16.88%. Meanwhile, in the last 24 hours, the rate has changed by 8.29%, which means that the highest exchange rate of 1 OP to ETH was 0.00004525 ETH and the lowest 24 hour value was 1 OP for 0.00003981 ETH. Last month, 1 OP was worth 0.00004587 ETH. Today, it's down 5.66%. Looking back a year, Optimism has changed by 0.0001667 ETH. That means that in a single year, the value of Optimism has shrank by 284.03%.
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
Ethereum Market Stats
Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.
Conversion tables
OP to ETH values from Today at 11:55 pm
0.5 OP = 0.0000217 ETH |
1 OP = 0.00004341 ETH |
5 OP = 0.000217 ETH |
10 OP = 0.0004341 ETH |
50 OP = 0.00217 ETH |
100 OP = 0.004341 ETH |
500 OP = 0.0217 ETH |
1,000 OP = 0.04341 ETH |
ETH to OP values from Today at 11:55 pm
0.5 ETH = 11,518.56 OP |
1 ETH = 23,037.11 OP |
5 ETH = 115,185.56 OP |
10 ETH = 230,371.13 OP |
50 ETH = 1,151,855.63 OP |
100 ETH = 2,303,711.26 OP |
500 ETH = 11,518,556.32 OP |
1,000 ETH = 23,037,112.64 OP |
OP to ETH over time
OP | Today | 24H 8.29% | 1M -5.66% | 1Y -284.03% |
|---|---|---|---|---|
0.5 OP | 0.0000217 ETH | 0.00001991 ETH | 0.00002293 ETH | 0.00008335 ETH |
1 OP | 0.00004341 ETH | 0.00003981 ETH | 0.00004587 ETH | 0.0001667 ETH |
5 OP | 0.000217 ETH | 0.0001991 ETH | 0.0002293 ETH | 0.0008335 ETH |
10 OP | 0.0004341 ETH | 0.0003981 ETH | 0.0004587 ETH | 0.001667 ETH |
50 OP | 0.00217 ETH | 0.001991 ETH | 0.002293 ETH | 0.008335 ETH |
100 OP | 0.004341 ETH | 0.003981 ETH | 0.004587 ETH | 0.01667 ETH |
500 OP | 0.0217 ETH | 0.01991 ETH | 0.02293 ETH | 0.08335 ETH |
1,000 OP | 0.04341 ETH | 0.03981 ETH | 0.04587 ETH | 0.1667 ETH |
Frequently asked questions
Right now, 1 Optimism is worth about A$0.1497.
Based on the current rate, you could get 6.68 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 increased. 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 33.41 OP. Inversely, 5 OP will cost about A$0.7483
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
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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.