Convert Optimism OP to Wrapped Bitcoin WBTC
OP to WBTC: 1 Optimism converts to 0.000001601 WBTC
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About OP and WBTC
Optimism is climbing, while Wrapped Bitcoin is falling this week. The current OP to WBTC conversion rate is 0.000001601. Inversely, this means that if you convert 1 WBTC you will get 624,568.80 OP. The conversion rate of OP/WBTC has decreased by 0.33% in the last hour (WBTC/OP increased by 0.33%). In the last 24 hours, OP/WBTC grew by 8.59%, while WBTC/OP shrunk by the same amount.
The exchange rate of Optimism is increasing. The current value of 1 OP is 0.000001601 WBTC. In other words, to buy 5 Optimism, it would cost you 0.000008006 WBTC. Inversely, 1 WBTC would allow you to trade for 624,568.80 OP while 50 WBTC would convert to 31,228,440.11 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.79%. Meanwhile, in the last 24 hours, the rate has changed by 8.08%, and that the highest exchange rate of 1 OP to WBTC was 0.00000164 WBTC and the lowest 24 hour value was 1 OP for 0.000001472 WBTC. Last month, 1 OP was worth 0.000001248 WBTC. Today, it's up 22.05%. Looking back a year, Optimism has changed by 0.000005927 WBTC. That means that in a single year, the value of Optimism has shrank by 270.17%.
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
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
OP to WBTC values from Today at 10:30 pm
0.5 OP = 0.0000008006 WBTC |
1 OP = 0.000001601 WBTC |
5 OP = 0.000008006 WBTC |
10 OP = 0.00001601 WBTC |
50 OP = 0.00008006 WBTC |
100 OP = 0.0001601 WBTC |
500 OP = 0.0008006 WBTC |
1,000 OP = 0.001601 WBTC |
WBTC to OP values from Today at 10:29 pm
0.5 WBTC = 312,284.40 OP |
1 WBTC = 624,568.80 OP |
5 WBTC = 3,122,844.01 OP |
10 WBTC = 6,245,688.02 OP |
50 WBTC = 31,228,440.11 OP |
100 WBTC = 62,456,880.23 OP |
500 WBTC = 312,284,401.14 OP |
1,000 WBTC = 624,568,802.28 OP |
OP to WBTC over time
OP | Today | 24H 8.08% | 1M 22.05% | 1Y -270.17% |
|---|---|---|---|---|
0.5 OP | 0.0000008006 WBTC | 0.0000007359 WBTC | 0.0000006241 WBTC | 0.000002963 WBTC |
1 OP | 0.000001601 WBTC | 0.000001472 WBTC | 0.000001248 WBTC | 0.000005927 WBTC |
5 OP | 0.000008006 WBTC | 0.000007359 WBTC | 0.000006241 WBTC | 0.00002963 WBTC |
10 OP | 0.00001601 WBTC | 0.00001472 WBTC | 0.00001248 WBTC | 0.00005927 WBTC |
50 OP | 0.00008006 WBTC | 0.00007359 WBTC | 0.00006241 WBTC | 0.0002963 WBTC |
100 OP | 0.0001601 WBTC | 0.0001472 WBTC | 0.0001248 WBTC | 0.0005927 WBTC |
500 OP | 0.0008006 WBTC | 0.0007359 WBTC | 0.0006241 WBTC | 0.002963 WBTC |
1,000 OP | 0.001601 WBTC | 0.001472 WBTC | 0.001248 WBTC | 0.005927 WBTC |
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