Convert Optimism OP to Coinbase Wrapped Staked ETH CBETH
OP to CBETH: 1 Optimism converts to 0.000217 CBETH as of June 13 at 1:07 AM
About OP and cbETH
Optimism is falling, while Coinbase Wrapped Staked ETH is climbing this week. The current OP to cbETH conversion rate is 0.000217. Inversely, this means that if you convert 1 cbETH you will get 4,611.53 OP. The conversion rate of OP/cbETH has decreased by 0.6% in the last hour (cbETH/OP increased by 0.6%). In the last 24 hours, OP/cbETH shrunk by 6.96%, while cbETH/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.000217 cbETH. In other words, to buy 5 Optimism, it would cost you 0.001084 cbETH. Inversely, 1 cbETH would allow you to trade for 4,611.53 OP while 50 cbETH would convert to 230,576.44 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.97%. Meanwhile, in the last 24 hours, the rate has changed by 6.19%, and that the highest exchange rate of 1 OP to cbETH was 0.000231 cbETH and the lowest 24 hour value was 1 OP for 0.000214 cbETH. Last month, 1 OP was worth 0.000294 cbETH. Today, it's down 35.68%. Looking back a year, Optimism has changed by 0.000537 cbETH. That means that in a single year, the value of Optimism has shrank by 147.45%.
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
Coinbase Wrapped Staked ETH Market Stats
Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents ETH staked through Coinbase. Coinbase customers can wrap their locked staked ETH to receive cbETH, which is an asset that can be traded, moved on-chain, and used in DeFi and other dapps. cbETH is known as a liquid staking token because it allows holders to get the benefits of staking without lockups or unbonding periods.
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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.
Conversion tables
OP to cbETH values from Today at 1:07 am
0.5 OP = 0.000108 cbETH |
1 OP = 0.000217 cbETH |
5 OP = 0.0011 cbETH |
10 OP = 0.0022 cbETH |
50 OP = 0.0108 cbETH |
100 OP = 0.0217 cbETH |
500 OP = 0.11 cbETH |
1,000 OP = 0.22 cbETH |
cbETH to OP values from Today at 1:07 am
0.5 cbETH = 2,305.76 OP |
1 cbETH = 4,611.53 OP |
5 cbETH = 23,057.64 OP |
10 cbETH = 46,115.29 OP |
50 cbETH = 230,576.44 OP |
100 cbETH = 461,152.88 OP |
500 cbETH = 2,305,764.41 OP |
1,000 cbETH = 4,611,528.82 OP |
OP to cbETH over time
OP | Today | 24H | 1M | 1Y |
---|---|---|---|---|
0.5 OP | 0.000108 cbETH | 0.000115 cbETH | 0.000147 cbETH | 0.000268 cbETH |
1 OP | 0.000217 cbETH | 0.000230 cbETH | 0.000294 cbETH | 0.000537 cbETH |
5 OP | 0.0011 cbETH | 0.0012 cbETH | 0.0015 cbETH | 0.0027 cbETH |
10 OP | 0.0022 cbETH | 0.0023 cbETH | 0.0029 cbETH | 0.0054 cbETH |
50 OP | 0.0108 cbETH | 0.0115 cbETH | 0.0147 cbETH | 0.0268 cbETH |
100 OP | 0.0217 cbETH | 0.0230 cbETH | 0.0294 cbETH | 0.0537 cbETH |
500 OP | 0.11 cbETH | 0.12 cbETH | 0.15 cbETH | 0.27 cbETH |
1,000 OP | 0.22 cbETH | 0.23 cbETH | 0.29 cbETH | 0.54 cbETH |
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Frequently asked questions
How much is 1 Optimism in USD?
Right now, 1 Optimism is worth about $0.60.
How much OP could I buy for 1 USD?
Based on the current rate, you could get 1.67 OP for 1 USD.
How much has the price of Optimism changed?
Optimism price has been declining. Since yesterday, the exchange rate of Optimism has decreased. Since last month, the exchange rate of Optimism has decreased. Since this time last year, the price of Optimism has decreased.
How do I calculate or convert OP to USD?
You can use our OP to USD calculator at the top of this page to convert any amount of OP to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 8.35 OP. Inversely, 5 OP will cost about $2.99
How can I buy 1 Optimism on Coinbase?
Optimism is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Optimism.
Buy Optimism with Coinbase
Create a Coinbase account to buy and sell Optimism on the most secure crypto exchange.
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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.