Convert Optimism OP to Coinbase Wrapped Staked ETH CBETH
OP to CBETH: 1 Optimism converts to 0.000223 CBETH as of June 8 at 4:31 PM
About OP and cbETH
Optimism is falling, while Coinbase Wrapped Staked ETH is climbing this week. The current OP to cbETH conversion rate is 0.000223. Inversely, this means that if you convert 1 cbETH you will get 4,485.62 OP. The conversion rate of OP/cbETH has increased by 0.28% in the last hour (cbETH/OP decreased by 0.28%). In the last 24 hours, OP/cbETH shrunk by 1.87%, while cbETH/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.000223 cbETH. In other words, to buy 5 Optimism, it would cost you 0.001115 cbETH. Inversely, 1 cbETH would allow you to trade for 4,485.62 OP while 50 cbETH would convert to 224,280.87 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5%. Meanwhile, in the last 24 hours, the rate has changed by 1.97%, and that the highest exchange rate of 1 OP to cbETH was 0.000228 cbETH and the lowest 24 hour value was 1 OP for 0.000221 cbETH. Last month, 1 OP was worth 0.000293 cbETH. Today, it's down 31.45%. Looking back a year, Optimism has changed by 0.000562 cbETH. That means that in a single year, the value of Optimism has shrank by 152.25%.
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 4:30 pm
0.5 OP = 0.000111 cbETH |
1 OP = 0.000223 cbETH |
5 OP = 0.0011 cbETH |
10 OP = 0.0022 cbETH |
50 OP = 0.0111 cbETH |
100 OP = 0.0223 cbETH |
500 OP = 0.11 cbETH |
1,000 OP = 0.22 cbETH |
cbETH to OP values from Today at 4:30 pm
0.5 cbETH = 2,242.81 OP |
1 cbETH = 4,485.62 OP |
5 cbETH = 22,428.09 OP |
10 cbETH = 44,856.17 OP |
50 cbETH = 224,280.87 OP |
100 cbETH = 448,561.74 OP |
500 cbETH = 2,242,808.72 OP |
1,000 cbETH = 4,485,617.43 OP |
OP to cbETH over time
OP | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 OP | 0.000111 cbETH | 0.000114 cbETH | 0.000147 cbETH | 0.000281 cbETH |
1 OP | 0.000223 cbETH | 0.000227 cbETH | 0.000293 cbETH | 0.000562 cbETH |
5 OP | 0.0011 cbETH | 0.0011 cbETH | 0.0015 cbETH | 0.0028 cbETH |
10 OP | 0.0022 cbETH | 0.0023 cbETH | 0.0029 cbETH | 0.0056 cbETH |
50 OP | 0.0111 cbETH | 0.0114 cbETH | 0.0147 cbETH | 0.0281 cbETH |
100 OP | 0.0223 cbETH | 0.0227 cbETH | 0.0293 cbETH | 0.0562 cbETH |
500 OP | 0.11 cbETH | 0.11 cbETH | 0.15 cbETH | 0.28 cbETH |
1,000 OP | 0.22 cbETH | 0.23 cbETH | 0.29 cbETH | 0.56 cbETH |
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Frequently asked questions
How much is 1 Optimism in CBETH?
Right now, 1 Optimism is worth about 0.000223 CBETH.
How much OP could I buy for 1 CBETH?
Based on the current rate, you could get 4,485.62 OP for 1 CBETH.
How do I calculate or convert OP to CBETH?
You can use our OP to CBETH calculator at the top of this page to convert any amount of OP to CBETH. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CBETH is equivalent to 22,428.09 OP. Inversely, 5 OP will cost about 0.0011 CBETH.
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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