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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 0.00004783. Inversely, this means that if you convert 1 WETH you will get 20,909.44 OP. The conversion rate of OP/WETH has increased by 0.5% in the last hour (WETH/OP decreased by 0.49%). In the last 24 hours, OP/WETH grew by 0.31%, while WETH/OP shrunk by 0.31%.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.00004783 WETH. In other words, to buy 5 Optimism, it would cost you 0.00023913 WETH. Inversely, 1 WETH would allow you to trade for 20,909.44 OP while 50 WETH would convert to 1,045,471.81 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.89%. Meanwhile, in the last 24 hours, the rate has changed by 0.38%, and that the highest exchange rate of 1 OP to WETH was 0.00004857 WETH and the lowest 24 hour value was 1 OP for 0.0000469 WETH. Last month, 1 OP was worth 0.00005452 WETH. Today, it's down 12.28%. Looking back a year, Optimism has changed by 0.0001253 WETH. That means that in a single year, the value of Optimism has shrank by 61.82%.
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 1:51 pm
0.5 OP = 0.00002391 WETH |
1 OP = 0.00004783 WETH |
5 OP = 0.0002391 WETH |
10 OP = 0.0004783 WETH |
50 OP = 0.002391 WETH |
100 OP = 0.004783 WETH |
500 OP = 0.02391 WETH |
1,000 OP = 0.04783 WETH |
WETH to OP values from Today at 1:50 pm
0.5 WETH = 10,454.72 OP |
1 WETH = 20,909.44 OP |
5 WETH = 104,547.18 OP |
10 WETH = 209,094.36 OP |
50 WETH = 1,045,471.81 OP |
100 WETH = 2,090,943.62 OP |
500 WETH = 10,454,718.10 OP |
1,000 WETH = 20,909,436.20 OP |
OP to WETH over time
OP | Today | 24H -0.38% | 1M -14.00% | 1Y -161.91% |
|---|---|---|---|---|
0.5 OP | 0.00002391 WETH | 0.000024 WETH | 0.00002726 WETH | 0.00006263 WETH |
1 OP | 0.00004783 WETH | 0.00004801 WETH | 0.00005452 WETH | 0.0001253 WETH |
5 OP | 0.0002391 WETH | 0.00024 WETH | 0.0002726 WETH | 0.0006263 WETH |
10 OP | 0.0004783 WETH | 0.0004801 WETH | 0.0005452 WETH | 0.001253 WETH |
50 OP | 0.002391 WETH | 0.0024 WETH | 0.002726 WETH | 0.006263 WETH |
100 OP | 0.004783 WETH | 0.004801 WETH | 0.005452 WETH | 0.01253 WETH |
500 OP | 0.02391 WETH | 0.024 WETH | 0.02726 WETH | 0.06263 WETH |
1,000 OP | 0.04783 WETH | 0.04801 WETH | 0.05452 WETH | 0.1253 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.