Convert Optimism OP to Coinbase Wrapped Staked ETH CBETH
OP to CBETH: 1 Optimism converts to 0.00004618 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 0.00004618. Inversely, this means that if you convert 1 cbETH you will get 21,653.09 OP. The conversion rate of OP/cbETH has increased by 0.55% in the last hour (cbETH/OP decreased by 0.55%). In the last 24 hours, OP/cbETH shrunk by 0.97%, while cbETH/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.00004618 cbETH. In other words, to buy 5 Optimism, it would cost you 0.00023091 cbETH. Inversely, 1 cbETH would allow you to trade for 21,653.09 OP while 50 cbETH would convert to 1,082,654.45 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.5%. Meanwhile, in the last 24 hours, the rate has changed by 1.68%, and that the highest exchange rate of 1 OP to cbETH was 0.00004721 cbETH and the lowest 24 hour value was 1 OP for 0.00004604 cbETH. Last month, 1 OP was worth 0.00005504 cbETH. Today, it's down 19.19%. Looking back a year, Optimism has changed by 0.000191 cbETH. That means that in a single year, the value of Optimism has shrank by 313.6%.
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 2:32 pm
0.5 OP = 0.00002309 CBETH |
1 OP = 0.00004618 CBETH |
5 OP = 0.0002309 CBETH |
10 OP = 0.0004618 CBETH |
50 OP = 0.002309 CBETH |
100 OP = 0.004618 CBETH |
500 OP = 0.02309 CBETH |
1,000 OP = 0.04618 CBETH |
CBETH to OP values from Today at 2:32 pm
0.5 CBETH = 10,826.54 OP |
1 CBETH = 21,653.09 OP |
5 CBETH = 108,265.45 OP |
10 CBETH = 216,530.89 OP |
50 CBETH = 1,082,654.45 OP |
100 CBETH = 2,165,308.90 OP |
500 CBETH = 10,826,544.50 OP |
1,000 CBETH = 21,653,089.01 OP |
OP to CBETH over time
OP | Today | 24H -1.68% | 1M -19.19% | 1Y -313.60% |
|---|---|---|---|---|
0.5 OP | 0.00002309 CBETH | 0.00002348 CBETH | 0.00002752 CBETH | 0.00009551 CBETH |
1 OP | 0.00004618 CBETH | 0.00004696 CBETH | 0.00005504 CBETH | 0.000191 CBETH |
5 OP | 0.0002309 CBETH | 0.0002348 CBETH | 0.0002752 CBETH | 0.0009551 CBETH |
10 OP | 0.0004618 CBETH | 0.0004696 CBETH | 0.0005504 CBETH | 0.00191 CBETH |
50 OP | 0.002309 CBETH | 0.002348 CBETH | 0.002752 CBETH | 0.009551 CBETH |
100 OP | 0.004618 CBETH | 0.004696 CBETH | 0.005504 CBETH | 0.0191 CBETH |
500 OP | 0.02309 CBETH | 0.02348 CBETH | 0.02752 CBETH | 0.09551 CBETH |
1,000 OP | 0.04618 CBETH | 0.04696 CBETH | 0.05504 CBETH | 0.191 CBETH |
Frequently asked questions
Right now, 1 Optimism is worth about CA$0.1338.
Based on the current rate, you could get 7.47 OP for 1 CAD.
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 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 37.37 OP. Inversely, 5 OP will cost about CA$0.669
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.
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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.