Convert Redstone RED to Optimism OP
RED to OP: 1 Redstone converts to 0.47 OP as of June 12 at 5:12 PM
About RED and OP
Redstone is falling, while Optimism is climbing this week. The current RED to OP conversion rate is 0.47. Inversely, this means that if you convert 1 OP you will get 2.11 RED. The conversion rate of RED/OP has decreased by 0.65% in the last hour (OP/RED increased by 0.65%). In the last 24 hours, RED/OP shrunk by 0.79%, while OP/RED grew by the same amount.
The exchange rate of Redstone is decreasing. The current value of 1 RED is 0.47 OP. In other words, to buy 5 Redstone, it would cost you 2.37 OP. Inversely, 1 OP would allow you to trade for 2.11 RED while 50 OP would convert to 105.28 RED, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.08%. Meanwhile, in the last 24 hours, the rate has changed by 2.29%, and that the highest exchange rate of 1 RED to OP was 0.50 OP and the lowest 24 hour value was 1 RED for 0.47 OP. Last month, 1 RED was worth 0.54 OP. Today, it's down 14.55%. Looking back a year, Redstone has changed by 0.60 OP. That means that in a single year, the value of Redstone has shrank by 26.19%.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
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
RED to OP values from Today at 5:12 pm
0.5 RED = 0.24 OP |
1 RED = 0.47 OP |
5 RED = 2.37 OP |
10 RED = 4.75 OP |
50 RED = 23.75 OP |
100 RED = 47.49 OP |
500 RED = 237.46 OP |
1,000 RED = 474.93 OP |
OP to RED values from Today at 5:12 pm
0.5 OP = 1.05 RED |
1 OP = 2.11 RED |
5 OP = 10.53 RED |
10 OP = 21.06 RED |
50 OP = 105.28 RED |
100 OP = 210.56 RED |
500 OP = 1,052.80 RED |
1,000 OP = 2,105.59 RED |
RED to OP over time
RED | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 RED | 0.24 OP | 0.24 OP | 0.27 OP | 0.30 OP |
1 RED | 0.47 OP | 0.49 OP | 0.54 OP | 0.60 OP |
5 RED | 2.37 OP | 2.43 OP | 2.72 OP | 3.00 OP |
10 RED | 4.75 OP | 4.86 OP | 5.44 OP | 5.99 OP |
50 RED | 23.75 OP | 24.29 OP | 27.20 OP | 29.97 OP |
100 RED | 47.49 OP | 48.58 OP | 54.40 OP | 59.93 OP |
500 RED | 237.46 OP | 242.91 OP | 272.01 OP | 299.66 OP |
1,000 RED | 474.93 OP | 485.82 OP | 544.02 OP | 599.33 OP |
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Frequently asked questions
How much is 1 Redstone in SGD?
Right now, 1 Redstone is worth about S$0.41.
How much RED could I buy for 1 SGD?
Based on the current rate, you could get 2.44 RED for 1 SGD.
How much has the price of Redstone changed?
Redstone price has been declining. Since yesterday, the exchange rate of Redstone has decreased. Since last month, the exchange rate of Redstone has decreased. Since this time last year, the price of Redstone has decreased.
How do I calculate or convert RED to SGD?
You can use our RED to SGD calculator at the top of this page to convert any amount of RED to SGD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SGD is equivalent to 12.18 RED. Inversely, 5 RED will cost about S$2.05
How can I buy 1 Redstone on Coinbase?
Redstone can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Redstone.
What are assets similar to Redstone that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Redstone, including Audius, Stratis [New], and HarryPotterObamaSonic10Inu (ERC-20). For a more robust list of assets to explore, jump to the asset page dedicated to Redstone.
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