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 ETH
Optimism is falling, while Ethereum is climbing this week. The current OP to ETH conversion rate is 0.00004328. Inversely, this means that if you convert 1 ETH you will get 23,106.39 OP. The conversion rate of OP/ETH has increased by 0.37% in the last hour (ETH/OP decreased by 0.37%). In the last 24 hours, OP/ETH shrunk by 3.77%, while ETH/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.00004328 ETH. In other words, to buy 5 Optimism, it would cost you 0.00021639 ETH. Inversely, 1 ETH would allow you to trade for 23,106.39 OP while 50 ETH would convert to 1,155,319.54 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.14%. Meanwhile, in the last 24 hours, the rate has changed by 3.89%, which means that the highest exchange rate of 1 OP to ETH was 0.00004529 ETH and the lowest 24 hour value was 1 OP for 0.0000424 ETH. Last month, 1 OP was worth 0.00004927 ETH. Today, it's down 13.85%. Looking back a year, Optimism has changed by 0.0001533 ETH. That means that in a single year, the value of Optimism has shrank by 254.23%.
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 3:44 am
0.5 OP = 0.00002164 ETH |
1 OP = 0.00004328 ETH |
5 OP = 0.0002164 ETH |
10 OP = 0.0004328 ETH |
50 OP = 0.002164 ETH |
100 OP = 0.004328 ETH |
500 OP = 0.02164 ETH |
1,000 OP = 0.04328 ETH |
ETH to OP values from Today at 3:44 am
0.5 ETH = 11,553.20 OP |
1 ETH = 23,106.39 OP |
5 ETH = 115,531.95 OP |
10 ETH = 231,063.91 OP |
50 ETH = 1,155,319.54 OP |
100 ETH = 2,310,639.07 OP |
500 ETH = 11,553,195.35 OP |
1,000 ETH = 23,106,390.71 OP |
OP to ETH over time
OP | Today | 24H -3.89% | 1M -13.85% | 1Y -254.23% |
|---|---|---|---|---|
0.5 OP | 0.00002164 ETH | 0.00002248 ETH | 0.00002464 ETH | 0.00007665 ETH |
1 OP | 0.00004328 ETH | 0.00004496 ETH | 0.00004927 ETH | 0.0001533 ETH |
5 OP | 0.0002164 ETH | 0.0002248 ETH | 0.0002464 ETH | 0.0007665 ETH |
10 OP | 0.0004328 ETH | 0.0004496 ETH | 0.0004927 ETH | 0.001533 ETH |
50 OP | 0.002164 ETH | 0.002248 ETH | 0.002464 ETH | 0.007665 ETH |
100 OP | 0.004328 ETH | 0.004496 ETH | 0.004927 ETH | 0.01533 ETH |
500 OP | 0.02164 ETH | 0.02248 ETH | 0.02464 ETH | 0.07665 ETH |
1,000 OP | 0.04328 ETH | 0.04496 ETH | 0.04927 ETH | 0.1533 ETH |
Frequently asked questions
Right now, 1 Optimism is worth about A$0.1514.
Based on the current rate, you could get 6.61 OP for 1 AUD.
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 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 33.03 OP. Inversely, 5 OP will cost about A$0.7569
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 Ethereum Name Service, Aave ENS V2, and Decred. For a more robust list of assets to explore, jump to the asset page dedicated to Optimism.
Buy Optimism with Coinbase
Create a Coinbase account to buy and sell Optimism on the most secure crypto exchange.
Related conversions
Popular prediction markets
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.