Convert Optimism OP to Wrapped Bitcoin WBTC
OP to WBTC: 1 Optimism converts to 0.000001224 WBTC
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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 WBTC
Optimism is falling, while Wrapped Bitcoin is climbing this week. The current OP to WBTC conversion rate is 0.000001224. Inversely, this means that if you convert 1 WBTC you will get 816,706.79 OP. The conversion rate of OP/WBTC has decreased by 0.32% in the last hour (WBTC/OP increased by 0.32%). In the last 24 hours, OP/WBTC shrunk by 6.56%, while WBTC/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.000001224 WBTC. In other words, to buy 5 Optimism, it would cost you 0.000006122 WBTC. Inversely, 1 WBTC would allow you to trade for 816,706.79 OP while 50 WBTC would convert to 40,835,339.67 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.48%. Meanwhile, in the last 24 hours, the rate has changed by 7.39%, and that the highest exchange rate of 1 OP to WBTC was 0.000001337 WBTC and the lowest 24 hour value was 1 OP for 0.000001206 WBTC. Last month, 1 OP was worth 0.000001343 WBTC. Today, it's down 9.7%. Looking back a year, Optimism has changed by 0.00000696 WBTC. That means that in a single year, the value of Optimism has shrank by 468.43%.
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 4:27 pm
0.5 OP = 0.0000006122 WBTC |
1 OP = 0.000001224 WBTC |
5 OP = 0.000006122 WBTC |
10 OP = 0.00001224 WBTC |
50 OP = 0.00006122 WBTC |
100 OP = 0.0001224 WBTC |
500 OP = 0.0006122 WBTC |
1,000 OP = 0.001224 WBTC |
WBTC to OP values from Today at 4:25 pm
0.5 WBTC = 408,353.40 OP |
1 WBTC = 816,706.79 OP |
5 WBTC = 4,083,533.97 OP |
10 WBTC = 8,167,067.93 OP |
50 WBTC = 40,835,339.67 OP |
100 WBTC = 81,670,679.33 OP |
500 WBTC = 408,353,396.66 OP |
1,000 WBTC = 816,706,793.33 OP |
OP to WBTC over time
OP | Today | 24H -7.39% | 1M -9.70% | 1Y -468.43% |
|---|---|---|---|---|
0.5 OP | 0.0000006122 WBTC | 0.0000006574 WBTC | 0.0000006716 WBTC | 0.00000348 WBTC |
1 OP | 0.000001224 WBTC | 0.000001315 WBTC | 0.000001343 WBTC | 0.00000696 WBTC |
5 OP | 0.000006122 WBTC | 0.000006574 WBTC | 0.000006716 WBTC | 0.0000348 WBTC |
10 OP | 0.00001224 WBTC | 0.00001315 WBTC | 0.00001343 WBTC | 0.0000696 WBTC |
50 OP | 0.00006122 WBTC | 0.00006574 WBTC | 0.00006716 WBTC | 0.000348 WBTC |
100 OP | 0.0001224 WBTC | 0.0001315 WBTC | 0.0001343 WBTC | 0.000696 WBTC |
500 OP | 0.0006122 WBTC | 0.0006574 WBTC | 0.0006716 WBTC | 0.00348 WBTC |
1,000 OP | 0.001224 WBTC | 0.001315 WBTC | 0.001343 WBTC | 0.00696 WBTC |
Frequently asked questions
Right now, 1 Optimism is worth about MX$1.59.
Based on the current rate, you could get 0.6297 OP for 1 MXN.
Optimism price has been declining. Since yesterday, the exchange rate of Optimism has decreased. Since last month, the exchange rate of Optimism has increased. 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 3.15 OP. Inversely, 5 OP will cost about MX$7.94
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 Trust Wallet Token, edgeX, and Bonk. 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.