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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 WETH
Optimism is falling, while WETH is climbing this week. The current OP to WETH conversion rate is 0.00004481. Inversely, this means that if you convert 1 WETH you will get 22,317.59 OP. The conversion rate of OP/WETH has decreased by 1.14% in the last hour (WETH/OP increased by 1.14%). In the last 24 hours, OP/WETH shrunk by 4.87%, while WETH/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.00004481 WETH. In other words, to buy 5 Optimism, it would cost you 0.00022404 WETH. Inversely, 1 WETH would allow you to trade for 22,317.59 OP while 50 WETH would convert to 1,115,879.47 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 10.73%. Meanwhile, in the last 24 hours, the rate has changed by 5.4%, which means that the highest exchange rate of 1 OP to WETH was 0.00004826 WETH and the lowest 24 hour value was 1 OP for 0.00004465 WETH. Last month, 1 OP was worth 0.00004501 WETH. Today, it's down 0.46%. Looking back a year, Optimism has changed by 0.0001638 WETH. That means that in a single year, the value of Optimism has shrank by 265.63%.
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
WETH Market Stats
Conversion tables
OP to WETH values from Today at 10:27 am
0.5 OP = 0.0000224 WETH |
1 OP = 0.00004481 WETH |
5 OP = 0.000224 WETH |
10 OP = 0.0004481 WETH |
50 OP = 0.00224 WETH |
100 OP = 0.004481 WETH |
500 OP = 0.0224 WETH |
1,000 OP = 0.04481 WETH |
WETH to OP values from Today at 10:26 am
0.5 WETH = 11,158.79 OP |
1 WETH = 22,317.59 OP |
5 WETH = 111,587.95 OP |
10 WETH = 223,175.89 OP |
50 WETH = 1,115,879.47 OP |
100 WETH = 2,231,758.94 OP |
500 WETH = 11,158,794.69 OP |
1,000 WETH = 22,317,589.37 OP |
OP to WETH over time
OP | Today | 24H -5.40% | 1M -0.46% | 1Y -265.63% |
|---|---|---|---|---|
0.5 OP | 0.0000224 WETH | 0.00002361 WETH | 0.00002251 WETH | 0.00008192 WETH |
1 OP | 0.00004481 WETH | 0.00004723 WETH | 0.00004501 WETH | 0.0001638 WETH |
5 OP | 0.000224 WETH | 0.0002361 WETH | 0.0002251 WETH | 0.0008192 WETH |
10 OP | 0.0004481 WETH | 0.0004723 WETH | 0.0004501 WETH | 0.001638 WETH |
50 OP | 0.00224 WETH | 0.002361 WETH | 0.002251 WETH | 0.008192 WETH |
100 OP | 0.004481 WETH | 0.004723 WETH | 0.004501 WETH | 0.01638 WETH |
500 OP | 0.0224 WETH | 0.02361 WETH | 0.02251 WETH | 0.08192 WETH |
1,000 OP | 0.04481 WETH | 0.04723 WETH | 0.04501 WETH | 0.1638 WETH |
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.