Optimism

OP Price

About Optimism (OP)

OP is the token for the Optimism Collective that governs the Optimism L2 blockchain. The Optimism Collective is a large-scale experiment in digital democratic governance, built to drive rapid and sustainable growth of a decentralized ecosystem, and stewarded by the newly formed Optimism Foundation. OP governs upgrades to the protocol and network parameters, and creates an ongoing system of incentives for projects and users in the Optimism ecosystem. 5.4% of the total token supply will be distributed to projects on Optimism over the next six months via governance. If you're building something in the Ethereum ecosystem, you can consider applying for the grant.

Where can you buy Optimism?

OP tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Optimism is OKX, where the most active trading pair OP/USDT has a trading volume of $2,664,486.29 in the last 24 hours. Other popular options include Binance and Gate.

What is the daily trading volume of Optimism (OP)?

The trading volume of Optimism (OP) is $91,009,809.44 in the last 24 hours, representing a 9.40% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Optimism (OP)?

Optimism (OP) reached an all-time high of $4.84 and an all-time low of $0.08069. It’s now trading -97.30% below that peak and 61.90% above its lowest price.

What is the market cap of Optimism (OP)?

Market capitalization of Optimism (OP) is $300,938,784 and is ranked #152 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of OP tokens (2.3 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Optimism (OP)?

The fully diluted valuation (FDV) of Optimism (OP) is $562,057,835. This is a statistical representation of the maximum market cap, assuming the maximum number of 4.3 Billion OP tokens are in circulation today. Depending on how the emission schedule of OP tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Optimism compare against its peers?

With a price decline of -2.60% in the last 7 days, Optimism (OP) is underperforming the global cryptocurrency market which is down -2.40%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -3.10%.