Convert Optimism OP to Wrapped Bitcoin WBTC
OP to WBTC: 1 Optimism converts to 0.00000628 WBTC as of September 22 at 9:11 AM
About OP and WBTC
Optimism is falling, while Wrapped Bitcoin is climbing this week. The current OP to WBTC conversion rate is 0.00000628. Inversely, this means that if you convert 1 WBTC you will get 159,327.86 OP. The conversion rate of OP/WBTC has increased by 0.5% in the last hour (WBTC/OP decreased by 0.5%). In the last 24 hours, OP/WBTC shrunk by 10.93%, while WBTC/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.00000628 WBTC. In other words, to buy 5 Optimism, it would cost you 0.00003138 WBTC. Inversely, 1 WBTC would allow you to trade for 159,327.86 OP while 50 WBTC would convert to 7,966,393.20 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.48%. Meanwhile, in the last 24 hours, the rate has changed by 10.8%, and that the highest exchange rate of 1 OP to WBTC was 0.00000695 WBTC and the lowest 24 hour value was 1 OP for 0.00000604 WBTC. Last month, 1 OP was worth 0.00000636 WBTC. Today, it's down 1.28%. Looking back a year, Optimism has changed by 0.000027 WBTC. That means that in a single year, the value of Optimism has shrank by 324.37%.
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
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.
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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 WBTC values from Today at 9:11 am
0.5 OP = 0.00000314 WBTC |
1 OP = 0.00000628 WBTC |
5 OP = 0.000031 WBTC |
10 OP = 0.000063 WBTC |
50 OP = 0.000314 WBTC |
100 OP = 0.000628 WBTC |
500 OP = 0.0031 WBTC |
1,000 OP = 0.0063 WBTC |
WBTC to OP values from Today at 9:11 am
0.5 WBTC = 79,663.93 OP |
1 WBTC = 159,327.86 OP |
5 WBTC = 796,639.32 OP |
10 WBTC = 1,593,278.64 OP |
50 WBTC = 7,966,393.20 OP |
100 WBTC = 15,932,786.40 OP |
500 WBTC = 79,663,932.01 OP |
1,000 WBTC = 159,327,864.02 OP |
OP to WBTC over time
OP | Today | 24H | 1M | 1Y |
---|---|---|---|---|
0.5 OP | 0.00000314 WBTC | 0.00000348 WBTC | 0.00000318 WBTC | 0.000013 WBTC |
1 OP | 0.00000628 WBTC | 0.00000695 WBTC | 0.00000636 WBTC | 0.000027 WBTC |
5 OP | 0.000031 WBTC | 0.000035 WBTC | 0.000032 WBTC | 0.000133 WBTC |
10 OP | 0.000063 WBTC | 0.000070 WBTC | 0.000064 WBTC | 0.000266 WBTC |
50 OP | 0.000314 WBTC | 0.000348 WBTC | 0.000318 WBTC | 0.0013 WBTC |
100 OP | 0.000628 WBTC | 0.000695 WBTC | 0.000636 WBTC | 0.0027 WBTC |
500 OP | 0.0031 WBTC | 0.0035 WBTC | 0.0032 WBTC | 0.0133 WBTC |
1,000 OP | 0.0063 WBTC | 0.0070 WBTC | 0.0064 WBTC | 0.0266 WBTC |
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Frequently asked questions
How much is 1 Optimism in SGD?
Right now, 1 Optimism is worth about S$0.91.
How much OP could I buy for 1 SGD?
Based on the current rate, you could get 1.1 OP for 1 SGD.
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 SGD?
You can use our OP to SGD calculator at the top of this page to convert any amount of OP to SGD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SGD is equivalent to 5.51 OP. Inversely, 5 OP will cost about S$4.54
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.
What are assets similar to Optimism that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Optimism, including XDC Network, Injective, and GateToken. For a more robust list of assets to explore, jump to the asset page dedicated to Optimism.
Buy Optimism with Coinbase
Create a Coinbase account to buy and sell Optimism on the most secure crypto exchange.
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