Convert Optimism OP to Dai DAI
OP to DAI: 1 Optimism converts to 0.62 DAI as of June 8 at 6:33 AM
About OP and DAI
Optimism is falling, while Dai is climbing this week. The current OP to DAI conversion rate is 0.62. Inversely, this means that if you convert 1 DAI you will get 1.62 OP. The conversion rate of OP/DAI has decreased by 0.16% in the last hour (DAI/OP increased by 0.16%). In the last 24 hours, OP/DAI shrunk by 0.65%, while DAI/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.62 DAI. In other words, to buy 5 Optimism, it would cost you 3.09 DAI. Inversely, 1 DAI would allow you to trade for 1.62 OP while 50 DAI would convert to 80.90 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.7%. Meanwhile, in the last 24 hours, the rate has changed by 0.65%, and that the highest exchange rate of 1 OP to DAI was 0.64 DAI and the lowest 24 hour value was 1 OP for 0.61 DAI. Last month, 1 OP was worth 0.62 DAI. Today, it's down 0.89%. Looking back a year, Optimism has changed by 2.23 DAI. That means that in a single year, the value of Optimism has shrank by 260.96%.
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
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
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