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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 ETH
Optimism is climbing, while Ethereum is falling this week. The current OP to ETH conversion rate is 0.00004839. Inversely, this means that if you convert 1 ETH you will get 20,667.44 OP. The conversion rate of OP/ETH has decreased by 0.88% in the last hour (ETH/OP increased by 0.88%). In the last 24 hours, OP/ETH grew by 5.1%, while ETH/OP shrunk by the same amount.
The exchange rate of Optimism is increasing. The current value of 1 OP is 0.00004839 ETH. In other words, to buy 5 Optimism, it would cost you 0.00024193 ETH. Inversely, 1 ETH would allow you to trade for 20,667.44 OP while 50 ETH would convert to 1,033,372.06 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 19.42%. Meanwhile, in the last 24 hours, the rate has changed by 5.13%, which means that the highest exchange rate of 1 OP to ETH was 0.00004995 ETH and the lowest 24 hour value was 1 OP for 0.0000446 ETH. Last month, 1 OP was worth 0.00004498 ETH. Today, it's up 7.04%. Looking back a year, Optimism has changed by 0.0001644 ETH. That means that in a single year, the value of Optimism has shrank by 239.83%.
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
Ethereum Market Stats
Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.
Conversion tables
OP to ETH values from Today at 1:51 am
0.5 OP = 0.00002419 ETH |
1 OP = 0.00004839 ETH |
5 OP = 0.0002419 ETH |
10 OP = 0.0004839 ETH |
50 OP = 0.002419 ETH |
100 OP = 0.004839 ETH |
500 OP = 0.02419 ETH |
1,000 OP = 0.04839 ETH |
ETH to OP values from Today at 1:51 am
0.5 ETH = 10,333.72 OP |
1 ETH = 20,667.44 OP |
5 ETH = 103,337.21 OP |
10 ETH = 206,674.41 OP |
50 ETH = 1,033,372.06 OP |
100 ETH = 2,066,744.12 OP |
500 ETH = 10,333,720.58 OP |
1,000 ETH = 20,667,441.16 OP |
OP to ETH over time
OP | Today | 24H 5.13% | 1M 7.04% | 1Y -239.83% |
|---|---|---|---|---|
0.5 OP | 0.00002419 ETH | 0.00002295 ETH | 0.00002249 ETH | 0.00008221 ETH |
1 OP | 0.00004839 ETH | 0.0000459 ETH | 0.00004498 ETH | 0.0001644 ETH |
5 OP | 0.0002419 ETH | 0.0002295 ETH | 0.0002249 ETH | 0.0008221 ETH |
10 OP | 0.0004839 ETH | 0.000459 ETH | 0.0004498 ETH | 0.001644 ETH |
50 OP | 0.002419 ETH | 0.002295 ETH | 0.002249 ETH | 0.008221 ETH |
100 OP | 0.004839 ETH | 0.00459 ETH | 0.004498 ETH | 0.01644 ETH |
500 OP | 0.02419 ETH | 0.02295 ETH | 0.02249 ETH | 0.08221 ETH |
1,000 OP | 0.04839 ETH | 0.0459 ETH | 0.04498 ETH | 0.1644 ETH |
Frequently asked questions
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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.