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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 climbing, while WETH is falling this week. The current OP to WETH conversion rate is 0.00004935. Inversely, this means that if you convert 1 WETH you will get 20,264.52 OP. The conversion rate of OP/WETH has decreased by 0.07% in the last hour (WETH/OP increased by 0.07%). In the last 24 hours, OP/WETH grew by 2.18%, while WETH/OP shrunk by the same amount.
The exchange rate of Optimism is increasing. The current value of 1 OP is 0.00004935 WETH. In other words, to buy 5 Optimism, it would cost you 0.00024674 WETH. Inversely, 1 WETH would allow you to trade for 20,264.52 OP while 50 WETH would convert to 1,013,225.97 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 11.31%. Meanwhile, in the last 24 hours, the rate has changed by 2.28%, and that the highest exchange rate of 1 OP to WETH was 0.00005004 WETH and the lowest 24 hour value was 1 OP for 0.00004633 WETH. Last month, 1 OP was worth 0.0000411 WETH. Today, it's up 16.72%. Looking back a year, Optimism has changed by 0.0001615 WETH. That means that in a single year, the value of Optimism has shrank by 227.33%.
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 11:07 am
0.5 OP = 0.00002467 WETH |
1 OP = 0.00004935 WETH |
5 OP = 0.0002467 WETH |
10 OP = 0.0004935 WETH |
50 OP = 0.002467 WETH |
100 OP = 0.004935 WETH |
500 OP = 0.02467 WETH |
1,000 OP = 0.04935 WETH |
WETH to OP values from Today at 11:05 am
0.5 WETH = 10,132.26 OP |
1 WETH = 20,264.52 OP |
5 WETH = 101,322.60 OP |
10 WETH = 202,645.19 OP |
50 WETH = 1,013,225.97 OP |
100 WETH = 2,026,451.95 OP |
500 WETH = 10,132,259.73 OP |
1,000 WETH = 20,264,519.46 OP |
OP to WETH over time
OP | Today | 24H 2.28% | 1M 16.72% | 1Y -227.33% |
|---|---|---|---|---|
0.5 OP | 0.00002467 WETH | 0.00002411 WETH | 0.00002055 WETH | 0.00008076 WETH |
1 OP | 0.00004935 WETH | 0.00004822 WETH | 0.0000411 WETH | 0.0001615 WETH |
5 OP | 0.0002467 WETH | 0.0002411 WETH | 0.0002055 WETH | 0.0008076 WETH |
10 OP | 0.0004935 WETH | 0.0004822 WETH | 0.000411 WETH | 0.001615 WETH |
50 OP | 0.002467 WETH | 0.002411 WETH | 0.002055 WETH | 0.008076 WETH |
100 OP | 0.004935 WETH | 0.004822 WETH | 0.00411 WETH | 0.01615 WETH |
500 OP | 0.02467 WETH | 0.02411 WETH | 0.02055 WETH | 0.08076 WETH |
1,000 OP | 0.04935 WETH | 0.04822 WETH | 0.0411 WETH | 0.1615 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.