Convert MAGIC MAGIC to Optimism OP
MAGIC to OP: 1 MAGIC converts to 0.19 OP as of June 12 at 3:27 PM
About Optimism
Optimism is climbing this week. The current price of Optimism is A$1.04 per OP. With a circulating supply of 1,714,909,778 OP, it means that Optimism has a total market cap of A$1,799,603,005.43. The amount of Optimism traded has fallen by -A$97,825,703.34 in the last 24 hours, which is a 26.97% decrease. Additionally, in the last day, A$362,780,595.96 worth of OP has been traded.
The exchange rate of Optimism is decreasing. The current value of 1 OP is A$1.04 AUD. In other words, to buy 5 Optimism, it would cost you A$5.20 AUD. Inversely, A$1.00 AUD would allow you to trade for 0.96 OP while A$50.00 AUD would convert to 48.06 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.41%. Meanwhile, in the last 24 hours, the rate has changed by 6.63%, which means that the highest exchange rate of 1 OP to MAGIC was A$1.15 MAGIC and the lowest 24 hour value was 1 OP for A$1.02 MAGIC. Last month, 1 OP was worth A$1.33 MAGIC. Today, it's down 19.52%. Looking back a year, Optimism has changed by A$3.04 MAGIC. That means that in a single year, the value of Optimism has shrank by 66.1%.
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
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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
MAGIC to OP values from Today at 3:26 pm
0.5 MAGIC = 0.0954 OP |
1 MAGIC = 0.19 OP |
5 MAGIC = 0.95 OP |
10 MAGIC = 1.91 OP |
50 MAGIC = 9.54 OP |
100 MAGIC = 19.07 OP |
500 MAGIC = 95.36 OP |
1,000 MAGIC = 190.71 OP |
OP to MAGIC values from Today at 3:26 pm
0.5 OP = 2.62 MAGIC |
1 OP = 5.24 MAGIC |
5 OP = 26.22 MAGIC |
10 OP = 52.43 MAGIC |
50 OP = 262.17 MAGIC |
100 OP = 524.34 MAGIC |
500 OP = 2,621.72 MAGIC |
1,000 OP = 5,243.43 MAGIC |
MAGIC to OP over time
MAGIC | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 MAGIC | 0.0954 OP | 0.0946 OP | 0.11 OP | 0.18 OP |
1 MAGIC | 0.19 OP | 0.19 OP | 0.23 OP | 0.37 OP |
5 MAGIC | 0.95 OP | 0.95 OP | 1.13 OP | 1.83 OP |
10 MAGIC | 1.91 OP | 1.89 OP | 2.25 OP | 3.66 OP |
50 MAGIC | 9.54 OP | 9.46 OP | 11.25 OP | 18.29 OP |
100 MAGIC | 19.07 OP | 18.92 OP | 22.50 OP | 36.59 OP |
500 MAGIC | 95.36 OP | 94.60 OP | 112.50 OP | 182.94 OP |
1,000 MAGIC | 190.71 OP | 189.20 OP | 225.00 OP | 365.88 OP |
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Frequently asked questions
How much is 1 MAGIC in OP?
Right now, 1 MAGIC is worth about 0.19 OP.
How much MAGIC could I buy for 1 OP?
Based on the current rate, you could get 5.24 MAGIC for 1 OP.
How do I calculate or convert MAGIC to OP?
You can use our MAGIC to OP calculator at the top of this page to convert any amount of MAGIC to OP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 OP is equivalent to 26.22 MAGIC. Inversely, 5 MAGIC will cost about 0.95 OP.
How can I buy 1 MAGIC on Coinbase?
MAGIC is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy MAGIC.
What are assets similar to MAGIC that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to MAGIC, including Travala.com, ANyONe Protocol, and dForce. For a more robust list of assets to explore, jump to the asset page dedicated to MAGIC.
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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.