Convert Wrapped Bitcoin WBTC to Optimism OP
WBTC to OP: 1 Wrapped Bitcoin converts to 179,787.75 OP as of June 13 at 12:49 PM
About WBTC and OP
Wrapped Bitcoin is climbing, while Optimism is falling this week. The current WBTC to OP conversion rate is 179,787.75. Inversely, this means that if you convert 1 OP you will get 0.00000556 WBTC. The conversion rate of WBTC/OP has decreased by 0.26% in the last hour (OP/WBTC increased by 0.26%). In the last 24 hours, WBTC/OP grew by 13.2%, while OP/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 179,787.75 OP. In other words, to buy 5 Wrapped Bitcoin, it would cost you 898,938.74 OP. Inversely, 1 OP would allow you to trade for 0.00000556 WBTC while 50 OP would convert to 0.000278 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.21%. Meanwhile, in the last 24 hours, the rate has changed by 11.83%, which means that the highest exchange rate of 1 WBTC to OP was 181,078.05 OP and the lowest 24 hour value was 1 WBTC for 154,767.41 OP. Last month, 1 WBTC was worth 127,166.13 OP. Today, it's up 29.27%. Looking back a year, Wrapped Bitcoin has changed by 32,990.58 OP. That means that in a single year, the value of Wrapped Bitcoin has grown by 81.65%.
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.
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
WBTC to OP values from Today at 12:49 pm
0.5 WBTC = 89,893.87 OP |
1 WBTC = 179,787.75 OP |
5 WBTC = 898,938.74 OP |
10 WBTC = 1,797,877.48 OP |
50 WBTC = 8,989,387.42 OP |
100 WBTC = 17,978,774.85 OP |
500 WBTC = 89,893,874.25 OP |
1,000 WBTC = 179,787,748.49 OP |
OP to WBTC values from Today at 12:49 pm
0.5 OP = 0.00000278 WBTC |
1 OP = 0.00000556 WBTC |
5 OP = 0.000028 WBTC |
10 OP = 0.000056 WBTC |
50 OP = 0.000278 WBTC |
100 OP = 0.000556 WBTC |
500 OP = 0.0028 WBTC |
1,000 OP = 0.0056 WBTC |
WBTC to OP over time
WBTC | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 WBTC | 89,893.87 OP | 79,259.91 OP | 63,583.07 OP | 16,495.29 OP |
1 WBTC | 179,787.75 OP | 158,519.82 OP | 127,166.13 OP | 32,990.58 OP |
5 WBTC | 898,938.74 OP | 792,599.11 OP | 635,830.66 OP | 164,952.88 OP |
10 WBTC | 1,797,877.48 OP | 1,585,198.22 OP | 1,271,661.33 OP | 329,905.77 OP |
50 WBTC | 8,989,387.42 OP | 7,925,991.10 OP | 6,358,306.65 OP | 1,649,528.84 OP |
100 WBTC | 17,978,774.85 OP | 15,851,982.21 OP | 12,716,613.29 OP | 3,299,057.68 OP |
500 WBTC | 89,893,874.25 OP | 79,259,911.03 OP | 63,583,066.46 OP | 16,495,288.39 OP |
1,000 WBTC | 179,787,748.49 OP | 158,519,822.06 OP | 127,166,132.92 OP | 32,990,576.78 OP |
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Frequently asked questions
How much is 1 Wrapped Bitcoin in BRL?
Right now, 1 Wrapped Bitcoin is worth about R$585,142.22.
How much WBTC could I buy for 1 BRL?
Based on the current rate, you could get 0.00000171 WBTC for 1 BRL.
How much has the price of Wrapped Bitcoin changed?
Wrapped Bitcoin price has been declining. Since yesterday, the exchange rate of Wrapped Bitcoin has decreased. Since last month, the exchange rate of Wrapped Bitcoin has increased. Since this time last year, the price of Wrapped Bitcoin has increased.
How do I calculate or convert WBTC to BRL?
You can use our WBTC to BRL calculator at the top of this page to convert any amount of WBTC to BRL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BRL is equivalent to 0.00000854 WBTC. Inversely, 5 WBTC will cost about R$2,925,711.10
How can I buy 1 Wrapped Bitcoin on Coinbase?
Wrapped Bitcoin is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Wrapped Bitcoin.
What are assets similar to Wrapped Bitcoin that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Bitcoin, including Lido Staked ETH, Lido wstETH, and EPound. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
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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.