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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 0.00005992. Inversely, this means that if you convert 1 WETH you will get 16,689.75 OP. The conversion rate of OP/WETH has decreased by 0.26% in the last hour (WETH/OP increased by 0.26%). In the last 24 hours, OP/WETH grew by 9.33%, while WETH/OP shrunk by the same amount.
The exchange rate of Optimism is increasing. The current value of 1 OP is 0.00005992 WETH. In other words, to buy 5 Optimism, it would cost you 0.00029959 WETH. Inversely, 1 WETH would allow you to trade for 16,689.75 OP while 50 WETH would convert to 834,487.61 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 22.98%. Meanwhile, in the last 24 hours, the rate has changed by 8.48%, which means that the highest exchange rate of 1 OP to WETH was 0.00006485 WETH and the lowest 24 hour value was 1 OP for 0.00005389 WETH. Last month, 1 OP was worth 0.00003777 WETH. Today, it's up 36.97%. Looking back a year, Optimism has changed by 0.000124 WETH. That means that in a single year, the value of Optimism has shrank by 107%.
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 9:36 am
0.5 OP = 0.00002996 WETH |
1 OP = 0.00005992 WETH |
5 OP = 0.0002996 WETH |
10 OP = 0.0005992 WETH |
50 OP = 0.002996 WETH |
100 OP = 0.005992 WETH |
500 OP = 0.02996 WETH |
1,000 OP = 0.05992 WETH |
WETH to OP values from Today at 9:33 am
0.5 WETH = 8,344.88 OP |
1 WETH = 16,689.75 OP |
5 WETH = 83,448.76 OP |
10 WETH = 166,897.52 OP |
50 WETH = 834,487.61 OP |
100 WETH = 1,668,975.22 OP |
500 WETH = 8,344,876.09 OP |
1,000 WETH = 16,689,752.18 OP |
OP to WETH over time
OP | Today | 24H 8.48% | 1M 36.97% | 1Y -107.00% |
|---|---|---|---|---|
0.5 OP | 0.00002996 WETH | 0.00002742 WETH | 0.00001888 WETH | 0.00006202 WETH |
1 OP | 0.00005992 WETH | 0.00005484 WETH | 0.00003777 WETH | 0.000124 WETH |
5 OP | 0.0002996 WETH | 0.0002742 WETH | 0.0001888 WETH | 0.0006202 WETH |
10 OP | 0.0005992 WETH | 0.0005484 WETH | 0.0003777 WETH | 0.00124 WETH |
50 OP | 0.002996 WETH | 0.002742 WETH | 0.001888 WETH | 0.006202 WETH |
100 OP | 0.005992 WETH | 0.005484 WETH | 0.003777 WETH | 0.0124 WETH |
500 OP | 0.02996 WETH | 0.02742 WETH | 0.01888 WETH | 0.06202 WETH |
1,000 OP | 0.05992 WETH | 0.05484 WETH | 0.03777 WETH | 0.124 WETH |
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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.