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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 SWITCH
Optimism is climbing, while Switch is falling this week. The current OP to SWITCH conversion rate is 481.23. Inversely, this means that if you convert 1 SWITCH you will get 0.002078 OP. The conversion rate of OP/SWITCH has increased by 0.27% in the last hour (SWITCH/OP decreased by 0.27%). In the last 24 hours, OP/SWITCH grew by 0.23%, while SWITCH/OP shrunk by the same amount.
The exchange rate of Optimism is increasing. The current value of 1 OP is 481.23 SWITCH. In other words, to buy 5 Optimism, it would cost you 2,406.15 SWITCH. Inversely, 1 SWITCH would allow you to trade for 0.002078 OP while 50 SWITCH would convert to 0.1039 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 12.62%. Meanwhile, in the last 24 hours, the rate has changed by 0.83%, which means that the highest exchange rate of 1 OP to SWITCH was 511.11 SWITCH and the lowest 24 hour value was 1 OP for 418.44 SWITCH. Last month, 1 OP was worth 1,041.54 SWITCH. Today, it's down 116.43%. Looking back a year, Optimism has changed by 2,877.84 SWITCH. That means that in a single year, the value of Optimism has shrank by 498.02%.
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
Switch Market Stats
Switch Reward Card is a blockchain-based financial services ecosystem. The blockchain is empowered by a global decentralized node network where node licensees will be rewarded, by the blockchain, with Switch Digital Rewards. Switch offers payment solutions for both traditional and cryptocurrencies around the world. The SWITCH ERC-20 Token is the Switch Digital Reward once it has been bridged.
Conversion tables
OP to SWITCH values from Today at 12:51 pm
0.5 OP = 240.62 SWITCH |
1 OP = 481.23 SWITCH |
5 OP = 2,406.15 SWITCH |
10 OP = 4,812.31 SWITCH |
50 OP = 24,061.53 SWITCH |
100 OP = 48,123.07 SWITCH |
500 OP = 240,615.34 SWITCH |
1,000 OP = 481,230.67 SWITCH |
SWITCH to OP values from Today at 12:49 pm
0.5 SWITCH = 0.001039 OP |
1 SWITCH = 0.002078 OP |
5 SWITCH = 0.01039 OP |
10 SWITCH = 0.02078 OP |
50 SWITCH = 0.1039 OP |
100 SWITCH = 0.2078 OP |
500 SWITCH = 1.04 OP |
1,000 SWITCH = 2.08 OP |
OP to SWITCH over time
OP | Today | 24H 0.83% | 1M -116.43% | 1Y -498.02% |
|---|---|---|---|---|
0.5 OP | 240.62 SWITCH | 238.62 SWITCH | 520.77 SWITCH | 1,438.92 SWITCH |
1 OP | 481.23 SWITCH | 477.25 SWITCH | 1,041.54 SWITCH | 2,877.84 SWITCH |
5 OP | 2,406.15 SWITCH | 2,386.24 SWITCH | 5,207.72 SWITCH | 14,389.18 SWITCH |
10 OP | 4,812.31 SWITCH | 4,772.48 SWITCH | 10,415.43 SWITCH | 28,778.36 SWITCH |
50 OP | 24,061.53 SWITCH | 23,862.38 SWITCH | 52,077.17 SWITCH | 143,891.78 SWITCH |
100 OP | 48,123.07 SWITCH | 47,724.75 SWITCH | 104,154.33 SWITCH | 287,783.55 SWITCH |
500 OP | 240,615.34 SWITCH | 238,623.76 SWITCH | 520,771.65 SWITCH | 1,438,917.76 SWITCH |
1,000 OP | 481,230.67 SWITCH | 477,247.53 SWITCH | 1,041,543.30 SWITCH | 2,877,835.52 SWITCH |
Frequently asked questions
Right now, 1 Optimism is worth about A$0.1327.
Based on the current rate, you could get 7.53 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 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 37.67 OP. Inversely, 5 OP will cost about A$0.6636
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 DoubleZero, Maple Finance, and Jasmy. 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.