Convert Optimism OP to Wrapped Bitcoin WBTC
OP to WBTC: 1 Optimism converts to 0.00000582 WBTC as of June 6 at 6:42 AM
About OP and WBTC
Optimism is falling, while Wrapped Bitcoin is climbing this week. The current OP to WBTC conversion rate is 0.00000582. Inversely, this means that if you convert 1 WBTC you will get 171,878.89 OP. The conversion rate of OP/WBTC has decreased by 0.13% in the last hour (WBTC/OP increased by 0.13%). In the last 24 hours, OP/WBTC shrunk by 3.07%, while WBTC/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.00000582 WBTC. In other words, to buy 5 Optimism, it would cost you 0.00002909 WBTC. Inversely, 1 WBTC would allow you to trade for 171,878.89 OP while 50 WBTC would convert to 8,593,944.61 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 11.75%. Meanwhile, in the last 24 hours, the rate has changed by 3.32%, and that the highest exchange rate of 1 OP to WBTC was 0.00000619 WBTC and the lowest 24 hour value was 1 OP for 0.00000573 WBTC. Last month, 1 OP was worth 0.00000671 WBTC. Today, it's down 15.37%. Looking back a year, Optimism has changed by 0.000033 WBTC. That means that in a single year, the value of Optimism has shrank by 460.66%.
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
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
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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 WBTC values from Today at 6:42 am
0.5 OP = 0.00000291 WBTC |
1 OP = 0.00000582 WBTC |
5 OP = 0.000029 WBTC |
10 OP = 0.000058 WBTC |
50 OP = 0.000291 WBTC |
100 OP = 0.000582 WBTC |
500 OP = 0.0029 WBTC |
1,000 OP = 0.0058 WBTC |
WBTC to OP values from Today at 6:41 am
0.5 WBTC = 85,939.45 OP |
1 WBTC = 171,878.89 OP |
5 WBTC = 859,394.46 OP |
10 WBTC = 1,718,788.92 OP |
50 WBTC = 8,593,944.61 OP |
100 WBTC = 17,187,889.23 OP |
500 WBTC = 85,939,446.13 OP |
1,000 WBTC = 171,878,892.27 OP |
OP to WBTC over time
OP | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 OP | 0.00000291 WBTC | 0.00000301 WBTC | 0.00000336 WBTC | 0.000016 WBTC |
1 OP | 0.00000582 WBTC | 0.00000601 WBTC | 0.00000671 WBTC | 0.000033 WBTC |
5 OP | 0.000029 WBTC | 0.000030 WBTC | 0.000034 WBTC | 0.000163 WBTC |
10 OP | 0.000058 WBTC | 0.000060 WBTC | 0.000067 WBTC | 0.000326 WBTC |
50 OP | 0.000291 WBTC | 0.000301 WBTC | 0.000336 WBTC | 0.0016 WBTC |
100 OP | 0.000582 WBTC | 0.000601 WBTC | 0.000671 WBTC | 0.0033 WBTC |
500 OP | 0.0029 WBTC | 0.0030 WBTC | 0.0034 WBTC | 0.0163 WBTC |
1,000 OP | 0.0058 WBTC | 0.0060 WBTC | 0.0067 WBTC | 0.0326 WBTC |
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Frequently asked questions
How much is 1 Optimism in WBTC?
Right now, 1 Optimism is worth about 0.00000582 WBTC.
How much OP could I buy for 1 WBTC?
Based on the current rate, you could get 171,878.89 OP for 1 WBTC.
How do I calculate or convert OP to WBTC?
You can use our OP to WBTC calculator at the top of this page to convert any amount of OP to WBTC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 WBTC is equivalent to 859,394.46 OP. Inversely, 5 OP will cost about 0.000029 WBTC.
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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