Convert Optimism OP to Ethereum ETH
OP to ETH: 1 Optimism converts to 0.000245 ETH as of June 8 at 3:18 PM
About OP and ETH
Optimism is falling, while Ethereum is climbing this week. The current OP to ETH conversion rate is 0.000245. Inversely, this means that if you convert 1 ETH you will get 4,088.2 OP. The conversion rate of OP/ETH has increased by 0.18% in the last hour (ETH/OP decreased by 0.18%). In the last 24 hours, OP/ETH shrunk by 2.62%, while ETH/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.000245 ETH. In other words, to buy 5 Optimism, it would cost you 0.001223 ETH. Inversely, 1 ETH would allow you to trade for 4,088.20 OP while 50 ETH would convert to 204,410.07 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.83%. Meanwhile, in the last 24 hours, the rate has changed by 3.14%, and that the highest exchange rate of 1 OP to ETH was 0.000252 ETH and the lowest 24 hour value was 1 OP for 0.000244 ETH. Last month, 1 OP was worth 0.000321 ETH. Today, it's down 31.13%. Looking back a year, Optimism has changed by 0.000602 ETH. That means that in a single year, the value of Optimism has shrank by 146.03%.
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
Ethereum Market Stats
Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.
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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 ETH values from Today at 3:18 pm
0.5 OP = 0.000122 ETH |
1 OP = 0.000245 ETH |
5 OP = 0.0012 ETH |
10 OP = 0.0024 ETH |
50 OP = 0.0122 ETH |
100 OP = 0.0245 ETH |
500 OP = 0.12 ETH |
1,000 OP = 0.24 ETH |
ETH to OP values from Today at 3:18 pm
0.5 ETH = 2,044.10 OP |
1 ETH = 4,088.20 OP |
5 ETH = 20,441.01 OP |
10 ETH = 40,882.01 OP |
50 ETH = 204,410.07 OP |
100 ETH = 408,820.13 OP |
500 ETH = 2,044,100.65 OP |
1,000 ETH = 4,088,201.30 OP |
OP to ETH over time
OP | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 OP | 0.000122 ETH | 0.000126 ETH | 0.000160 ETH | 0.000301 ETH |
1 OP | 0.000245 ETH | 0.000252 ETH | 0.000321 ETH | 0.000602 ETH |
5 OP | 0.0012 ETH | 0.0013 ETH | 0.0016 ETH | 0.0030 ETH |
10 OP | 0.0024 ETH | 0.0025 ETH | 0.0032 ETH | 0.0060 ETH |
50 OP | 0.0122 ETH | 0.0126 ETH | 0.0160 ETH | 0.0301 ETH |
100 OP | 0.0245 ETH | 0.0252 ETH | 0.0321 ETH | 0.0602 ETH |
500 OP | 0.12 ETH | 0.13 ETH | 0.16 ETH | 0.30 ETH |
1,000 OP | 0.24 ETH | 0.25 ETH | 0.32 ETH | 0.60 ETH |
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Frequently asked questions
How much is 1 Optimism in ETH?
Right now, 1 Optimism is worth about 0.000245 ETH.
How much OP could I buy for 1 ETH?
Based on the current rate, you could get 4,086.12 OP for 1 ETH.
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 ETH?
You can use our OP to ETH calculator at the top of this page to convert any amount of OP to ETH. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ETH is equivalent to 20,430.6 OP. Inversely, 5 OP will cost about 0.0012 ETH.
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.