Convert Optimism OP to Coinbase Wrapped Staked ETH CBETH
OP to CBETH: 1 Optimism converts to 0.00004747 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 0.00004747. Inversely, this means that if you convert 1 cbETH you will get 21,064.90 OP. The conversion rate of OP/cbETH has decreased by 0.03% in the last hour (cbETH/OP increased by 0.03%). In the last 24 hours, OP/cbETH shrunk by 2.47%, while cbETH/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.00004747 cbETH. In other words, to buy 5 Optimism, it would cost you 0.00023736 cbETH. Inversely, 1 cbETH would allow you to trade for 21,064.90 OP while 50 cbETH would convert to 1,053,245.05 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.44%. Meanwhile, in the last 24 hours, the rate has changed by 2.97%, and that the highest exchange rate of 1 OP to cbETH was 0.0000498 cbETH and the lowest 24 hour value was 1 OP for 0.0000475 cbETH. Last month, 1 OP was worth 0.00005597 cbETH. Today, it's down 17.9%. Looking back a year, Optimism has changed by 0.0002039 cbETH. That means that in a single year, the value of Optimism has shrank by 329.41%.
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 10:00 pm
0.5 OP = 0.00002374 CBETH |
1 OP = 0.00004747 CBETH |
5 OP = 0.0002374 CBETH |
10 OP = 0.0004747 CBETH |
50 OP = 0.002374 CBETH |
100 OP = 0.004747 CBETH |
500 OP = 0.02374 CBETH |
1,000 OP = 0.04747 CBETH |
CBETH to OP values from Today at 10:00 pm
0.5 CBETH = 10,532.45 OP |
1 CBETH = 21,064.90 OP |
5 CBETH = 105,324.50 OP |
10 CBETH = 210,649.01 OP |
50 CBETH = 1,053,245.05 OP |
100 CBETH = 2,106,490.10 OP |
500 CBETH = 10,532,450.50 OP |
1,000 CBETH = 21,064,900.99 OP |
OP to CBETH over time
OP | Today | 24H -2.97% | 1M -17.90% | 1Y -329.41% |
|---|---|---|---|---|
0.5 OP | 0.00002374 CBETH | 0.00002444 CBETH | 0.00002799 CBETH | 0.0001019 CBETH |
1 OP | 0.00004747 CBETH | 0.00004888 CBETH | 0.00005597 CBETH | 0.0002039 CBETH |
5 OP | 0.0002374 CBETH | 0.0002444 CBETH | 0.0002799 CBETH | 0.001019 CBETH |
10 OP | 0.0004747 CBETH | 0.0004888 CBETH | 0.0005597 CBETH | 0.002039 CBETH |
50 OP | 0.002374 CBETH | 0.002444 CBETH | 0.002799 CBETH | 0.01019 CBETH |
100 OP | 0.004747 CBETH | 0.004888 CBETH | 0.005597 CBETH | 0.02039 CBETH |
500 OP | 0.02374 CBETH | 0.02444 CBETH | 0.02799 CBETH | 0.1019 CBETH |
1,000 OP | 0.04747 CBETH | 0.04888 CBETH | 0.05597 CBETH | 0.2039 CBETH |
Frequently asked questions
Right now, 1 Optimism is worth about CA$0.142.
Based on the current rate, you could get 7.04 OP for 1 CAD.
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 CAD calculator at the top of this page to convert any amount of OP to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 35.22 OP. Inversely, 5 OP will cost about CA$0.7098
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 Zebec Network, Kite, and Maple Finance. For a more robust list of assets to explore, jump to the asset page dedicated to Optimism.
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