Convert Optimism OP to Coinbase Wrapped Staked ETH CBETH
OP to CBETH: 1 Optimism converts to 0.00005176 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 0.00005176. Inversely, this means that if you convert 1 cbETH you will get 19,321.59 OP. The conversion rate of OP/cbETH has decreased by 0.74% in the last hour (cbETH/OP increased by 0.74%). In the last 24 hours, OP/cbETH shrunk by 1.27%, while cbETH/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.00005176 cbETH. In other words, to buy 5 Optimism, it would cost you 0.00025878 cbETH. Inversely, 1 cbETH would allow you to trade for 19,321.59 OP while 50 cbETH would convert to 966,079.60 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.84%. Meanwhile, in the last 24 hours, the rate has changed by 1.7%, and that the highest exchange rate of 1 OP to cbETH was 0.00005361 cbETH and the lowest 24 hour value was 1 OP for 0.00005067 cbETH. Last month, 1 OP was worth 0.00005816 cbETH. Today, it's down 12.37%. Looking back a year, Optimism has changed by 0.0001943 cbETH. That means that in a single year, the value of Optimism has shrank by 275.44%.
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 5:42 am
0.5 OP = 0.00002588 CBETH |
1 OP = 0.00005176 CBETH |
5 OP = 0.0002588 CBETH |
10 OP = 0.0005176 CBETH |
50 OP = 0.002588 CBETH |
100 OP = 0.005176 CBETH |
500 OP = 0.02588 CBETH |
1,000 OP = 0.05176 CBETH |
CBETH to OP values from Today at 5:42 am
0.5 CBETH = 9,660.80 OP |
1 CBETH = 19,321.59 OP |
5 CBETH = 96,607.96 OP |
10 CBETH = 193,215.92 OP |
50 CBETH = 966,079.60 OP |
100 CBETH = 1,932,159.20 OP |
500 CBETH = 9,660,796.02 OP |
1,000 CBETH = 19,321,592.04 OP |
OP to CBETH over time
OP | Today | 24H -1.70% | 1M -12.37% | 1Y -275.44% |
|---|---|---|---|---|
0.5 OP | 0.00002588 CBETH | 0.00002632 CBETH | 0.00002908 CBETH | 0.00009715 CBETH |
1 OP | 0.00005176 CBETH | 0.00005263 CBETH | 0.00005816 CBETH | 0.0001943 CBETH |
5 OP | 0.0002588 CBETH | 0.0002632 CBETH | 0.0002908 CBETH | 0.0009715 CBETH |
10 OP | 0.0005176 CBETH | 0.0005263 CBETH | 0.0005816 CBETH | 0.001943 CBETH |
50 OP | 0.002588 CBETH | 0.002632 CBETH | 0.002908 CBETH | 0.009715 CBETH |
100 OP | 0.005176 CBETH | 0.005263 CBETH | 0.005816 CBETH | 0.01943 CBETH |
500 OP | 0.02588 CBETH | 0.02632 CBETH | 0.02908 CBETH | 0.09715 CBETH |
1,000 OP | 0.05176 CBETH | 0.05263 CBETH | 0.05816 CBETH | 0.1943 CBETH |
Frequently asked questions
Right now, 1 Optimism is worth about MX$1.75.
Based on the current rate, you could get 0.5711 OP for 1 MXN.
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 MXN calculator at the top of this page to convert any amount of OP to MXN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MXN is equivalent to 2.86 OP. Inversely, 5 OP will cost about MX$8.75
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 ETHGas, Humanity, and Lido DAO Token. For a more robust list of assets to explore, jump to the asset page dedicated to 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.