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About RED and OP
Redstone is falling, while Optimism is climbing this week. The current RED to OP conversion rate is 1.05. Inversely, this means that if you convert 1 OP you will get 0.9555 RED. The conversion rate of RED/OP has decreased by 1.27% in the last hour (OP/RED increased by 1.27%). In the last 24 hours, RED/OP shrunk by 0.1%, while OP/RED grew by the same amount.
The exchange rate of Redstone is decreasing. The current value of 1 RED is 1.05 OP. In other words, to buy 5 Redstone, it would cost you 5.23 OP. Inversely, 1 OP would allow you to trade for 0.9555 RED while 50 OP would convert to 47.78 RED, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.06%. Meanwhile, in the last 24 hours, the rate has changed by 0.1%, and that the highest exchange rate of 1 RED to OP was 1.07 OP and the lowest 24 hour value was 1 RED for 1.03 OP. Last month, 1 RED was worth 0.979 OP. Today, it's up 6.45%. Looking back a year, Redstone has changed by 0.4639 OP. That means that in a single year, the value of Redstone has grown by 55.67%.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
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
Conversion tables
RED to OP values from Today at 1:57 pm
0.5 RED = 0.5233 OP |
1 RED = 1.05 OP |
5 RED = 5.23 OP |
10 RED = 10.47 OP |
50 RED = 52.33 OP |
100 RED = 104.66 OP |
500 RED = 523.28 OP |
1,000 RED = 1,046.56 OP |
OP to RED values from Today at 1:57 pm
0.5 OP = 0.4778 RED |
1 OP = 0.9555 RED |
5 OP = 4.78 RED |
10 OP = 9.56 RED |
50 OP = 47.78 RED |
100 OP = 95.55 RED |
500 OP = 477.76 RED |
1,000 OP = 955.51 RED |
RED to OP over time
RED | Today | 24H -0.10% | 1M 6.45% | 1Y 55.67% |
|---|---|---|---|---|
0.5 RED | 0.5233 OP | 0.5238 OP | 0.4895 OP | 0.232 OP |
1 RED | 1.05 OP | 1.05 OP | 0.979 OP | 0.4639 OP |
5 RED | 5.23 OP | 5.24 OP | 4.90 OP | 2.32 OP |
10 RED | 10.47 OP | 10.48 OP | 9.79 OP | 4.64 OP |
50 RED | 52.33 OP | 52.38 OP | 48.95 OP | 23.20 OP |
100 RED | 104.66 OP | 104.76 OP | 97.90 OP | 46.39 OP |
500 RED | 523.28 OP | 523.81 OP | 489.52 OP | 231.97 OP |
1,000 RED | 1,046.56 OP | 1,047.62 OP | 979.05 OP | 463.95 OP |
Frequently asked questions
Right now, 1 Redstone is worth about CA$0.139.
Based on the current rate, you could get 7.19 RED for 1 CAD.
Redstone price has been declining. Since yesterday, the exchange rate of Redstone has decreased. Since last month, the exchange rate of Redstone has decreased. Since this time last year, the price of Redstone has decreased.
You can use our RED to CAD calculator at the top of this page to convert any amount of RED to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 35.96 RED. Inversely, 5 RED will cost about CA$0.6952
Redstone is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Redstone.
There are a number of crypto assets that have the a similar or comparable market cap to Redstone, including TQQQ tokenized ETF (xStock), TROLL, and Matrixdock Gold. For a more robust list of assets to explore, jump to the asset page dedicated to Redstone.
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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.