Optimism price

in USD
$0.7124
-- (--)
USD
Market cap
$1.27B
Circulating supply
1.78B / 4.29B
All-time high
$4.863
24h volume
$211.24M
3.4 / 5
OPOP
USDUSD

About Optimism

Optimism (ticker: OP) is a cryptocurrency that powers the Optimism ecosystem, a layer-2 scaling solution for Ethereum. Designed to improve Ethereum's speed and reduce transaction costs, Optimism uses advanced rollup technology to bundle multiple transactions into a single batch, making the blockchain more efficient and affordable for users. The OP token plays a key role in governance, enabling holders to vote on decisions that shape the platform’s future. It is also used to incentivize developers and projects building on Optimism, fostering innovation within its ecosystem. With its focus on scalability and community-driven growth, OP helps make decentralized applications (dApps) more accessible and Ethereum more powerful for everyday users.
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Layer 2
Official website
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Last audit: --

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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Optimism’s price performance

Past year
-55.81%
$1.61
3 months
+20.95%
$0.59
30 days
-5.12%
$0.75
7 days
+2.29%
$0.70
75%
Buying
Updated hourly.
More people are buying OP than selling on OKX

Optimism on socials

Nansen 🧭
Nansen 🧭
In the last 30 days, @TheWhiteWhaleHL turned precision into profit. $1.84M realized, +20% ROI. Top win: +$1.57M on ABASWETH Top bag: +$2M unrealized on ETH Biggest L? -$52K on EXTRA Clean execution, no noise.
挖矿的小yang
挖矿的小yang
#Polygon $POL @0xPolygon This might be the fastest operation to achieve a small target in history~ and the principal only needs 10U. On the 1st of National Day holiday, open Binance with 10U to buy $4 →→→ by the 3rd, you can earn 7000U. On the 3rd, use 7000U to buy $Binance life. Today, earn 7000*2000=14 million U. In 7 days, use 10 dollars to rake in over 100 million soft sister coins. Looking back, is making money as easy as breathing! Brothers, if you made money, hit 1. Behind this frenzy, CZ's role cannot be ignored. Since he returned to the public eye, every like, retweet, or casual comment he makes on Twitter triggers massive on-chain capital flows. CZ's operation this time is actually transforming himself from the CEO of an exchange to the conductor of emotions. This is interesting. He no longer needs to participate directly in trading; a like is an alpha signal. The market treats him as a barometer, which is more effective than any technical analysis. But there is a problem here: a market driven by emotions comes quickly and leaves just as fast. When PALU rises by 300%, it can also drop quickly. Most of the followers will become bag holders. The truly smart money is actually positioned before CZ even likes something. When he likes it, it's time to sell. Everyone wants to know what CZ will like; what's more important is what he won't like. This thing called emotional consensus is easy to establish but collapses even easier. When everyone is waiting for CZ's signal, that signal becomes ineffective. The market is always changing; today's spiritual leader may be yesterday's forgotten flower tomorrow. Not understanding means not participating; understanding means being able to judge how long this emotion can last. I basically do not participate in this kind of emotional market; at most, I buy a few tens or hundreds of U to gamble on a lottery. At this moment, I would like to share a project I have already invested in: $POL. This wave of POL's pullback to 0.24 dollars is actually a normal washout in the Layer2 track. From a technical perspective, the current position is very similar to last year's ETH when it was hovering around 1500 dollars; the RSI has dropped to 32, which is clearly oversold, and the Bollinger Bands have narrowed to the extreme. In this case, it is usually a signal of being ready to take off. I checked the performance of Layer2 tokens over the past two years; after each deep pullback like this, the average rebound is over 40%. The fundamentals of POL are actually more solid than many people think. In September, the migration from MATIC to POL reached 99%, indicating strong community consensus. More importantly, the TVL increased from 1.5 billion to 2.2 billion, a growth of 46%, which is quite good in the current market environment. On-chain data shows that the number of holding addresses increased from 5 million to 6.2 million, with new wallets growing by 25%. Interestingly, large holders sold 10% of their positions, while small holders are hoarding, with holding duration increasing from 10 days to 18 days. This kind of differentiation looks like smart money is picking up at low levels. From the futures market perspective, the long-short ratio is 1:1.05, with slight superiority for shorts, but the open interest has decreased by 12%, indicating that short power is weakening. The leverage ratio has dropped from 12 times to 8 times, and market sentiment is becoming more rational. I believe this pullback is mainly due to the Fed's hawkish speech and the sideways movement of BTC, which is essentially not closely related to POL's fundamentals. The AggLayer aggregation layer technology indeed has innovative value and can solve the problem of fragmented liquidity across multiple chains, which is significant in the current multi-chain coexistence pattern. The RWA track has indeed taken off this year; AlloyX has launched a currency fund, and Standard Chartered is the custodian. This combination of TradFi and DeFi is a major trend. Wyoming's FRNT stablecoin choosing Polygon is also a form of government-level recognition to some extent. From a position management perspective, I recommend building positions in batches, with the first batch entering in the 0.24-0.25 range, setting a stop loss at 0.22, and targeting 0.35-0.40. In terms of risk control, the total position should not exceed 10%, as the Layer2 track is highly competitive, with OP and ARB competing for market share. However, to be fair, most of the time trading these altcoins can actually be done without too much macro research; the key is to clearly see the technical trends and capital flows. At the current position, the risk-reward ratio is still quite suitable; it just depends on whether you can hold on to it. Disclaimer: This article is only personal analysis and does not constitute investment advice. Investing carries risks; enter the market with caution! DYOR! #CryptoRecovery
Swell 🌊⛓️
Swell 🌊⛓️
Swellchain Upgrade Notice Swellchain will be undergoing the @Optimism Superchain U16A upgrade on October 14th, 2025 between 14:00-16:00 CET. This upgrade will temporarily invalidate pending withdrawals from Swellchain to Ethereum L1. No downtime is expected, and deposits and onchain activity will continue as normal. All funds are safe. Please ensure that any pending withdrawals are finalized before October 14th, 2025 at 14:00 CET. Any unfinalized withdrawals will need to be reprocessed after the upgrade completes.

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Optimism FAQ

Optimism, also known as Optimistic Ethereum (OE), is a Layer 2 scaling solution for Ethereum that aims to increase transaction throughput and reduce fees without sacrificing security and decentralization.

Optimism improves Ethereum’s scalability through the use of optimistic rollups. These rollups are a Layer 2 solution that perform most computation off-chain while keeping the same level of security as the main Ethereum network.

Easily buy OP tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include OP/USDT and OP/USDC.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for OP with zero fees and no price slippage by using OKX Convert.

Currently, one Optimism is worth $0.7124. For answers and insight into Optimism's price action, you're in the right place. Explore the latest Optimism charts and trade responsibly with OKX.
Cryptocurrencies, such as Optimism, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Optimism have been created as well.
Check out our Optimism price prediction page to forecast future prices and determine your price targets.

Dive deeper into Optimism

To tackle scalability issues and high transaction costs on the Ethereum network, Optimism has emerged as a compelling Layer 2 solution. Functioning as an off-chain network layered on top of Ethereum, Optimism extends the capabilities of the blockchain. Fueled by its native token OP, the platform aims to alleviate Ethereum's challenges and enhance its performance.

What is Optimism

Optimism (OP), also known as Optimistic Ethereum (OE), is a Layer 2 solution built to address the scalability issues of the Ethereum network. At its core, Optimism utilizes a technology known as optimistic rollups. This technology bundles, or rolls up, multiple transactions into a single transaction, significantly improving the speed and cost of transactions. As Optimism is built on top of Ethereum’s architecture, developers and users can make use of the speedy and low-cost transactions whilst having the security of the Ethereum blockchain. 

The Optimism team

The Optimism team comprises a group of dedicated blockchain experts, including Jaynti Kanani, Jinglan Wang, Ilya Polosukhin, Ben Jones, Paul Hauner, and Matteo Rizzi.

How does Optimism work

When a user initiates a transaction, it's executed on the Optimism network rather than directly on the Ethereum mainnet. Throughout this process, Optimism maintains communication with Ethereum's Layer 1 and leaves the original network unchanged. This is achieved through optimistic rollups, which consolidate multiple transactions into a single batch submitted to Ethereum. 

By adopting this approach, the computational burden on the Ethereum mainnet is lessened, resulting in faster transaction speeds and lower gas fees. Ultimately, Optimism plays a pivotal role in alleviating strain on the Ethereum network, consequently reducing congestion and associated high fees.

Optimism’s native token: OP

OP is the token of the Optimism ecosystem, crucial in securing and powering the Optimism network. The token also serves as incentivizes and rewards for validators who correctly process and confirm transactions. Validators are able to stake OP tokens as collateral, which can be confiscated if they act maliciously.

OP tokenomics

There is a maximum supply of 4,294,967,296 OP tokens. The supply of OP tokens is carefully controlled and released into the market via strategic allocation methods such as staking rewards, developer incentives, and ecosystem grants. This approach ensures a balanced and sustainable distribution of tokens, maintaining the long-term stability and health of the Optimism ecosystem.

OP use cases

The primary purpose of the OP token is governance. This encompasses various essential functions, including allowing token holders to cast votes pertaining to proposed updates to the protocol as well as distribution of incentives for projects through the Governance Fund. Additionally, it facilitates the funding of projects hosted on the Optimism platform. OP holders are also allowed to engage in project management alongside other OP Citizens.

Distribution of OP

OP’s distribution is as follows:

  • 25 percent: Ecosystem fund
  • 20 percent: Retroactive Public Goods Spending (RetroPGF), an experimental spending mechanism designed to align with OP's objective of equating impact with profit.
  • 19 percent: Airdropped to the community
  • 19 percent: Awarded to core contributors
  • 17 percent: Given to investors

Optimism: The road ahead

On the project's horizon is the launch of a public mainnet, marking a significant milestone that will elevate Optimism's capabilities. Looking ahead, Optimism aims to become the leading Layer 2 scaling solution for Ethereum. The project envisions a future where Ethereum's transaction processing capabilities skyrocket to millions per second while upholding its foundational principles of security and decentralization.

ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKCoin Europe Ltd
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
Optimism
Consensus Mechanism
Optimism is a Layer 2 scaling solution for Ethereum that uses Optimistic Rollups to increase transaction throughput and reduce costs while inheriting the security of the Ethereum main chain. Core Components 1. Optimistic Rollups: Rollup Blocks: Transactions are batched into rollup blocks and processed off-chain. State Commitments: The state of these transactions is periodically committed to the Ethereum main chain. 2. Sequencers: Transaction Ordering: Sequencers are responsible for ordering transactions and creating batches. State Updates: Sequencers update the state of the rollup and submit these updates to the Ethereum main chain. Block Production: They construct and execute Layer 2 blocks, which are then posted to Ethereum. 3. Fraud Proofs: Assumption of Validity: Transactions are assumed to be valid by default. Challenge Period: A specific time window during which anyone can challenge a transaction by submitting a fraud proof. Dispute Resolution: If a transaction is challenged, an interactive verification game is played to determine its validity. If fraud is detected, the invalid state is rolled back, and the dishonest participant is penalized. Consensus Process 1. Transaction Submission: Users submit transactions to the sequencer, which orders them into batches. 2. Batch Processing: The sequencer processes these transactions off-chain, updating the Layer 2 state. 3. State Commitment: The updated state and the batch of transactions are periodically committed to the Ethereum main chain. This is done by posting the state root (a cryptographic hash representing the state) and transaction data as calldata on Ethereum. 4. Fraud Proofs and Challenges: Once a batch is posted, there is a challenge period during which anyone can submit a fraud proof if they believe a transaction is invalid. Interactive Verification: The dispute is resolved through an interactive verification game, which involves breaking down the transaction into smaller steps to identify the exact point of fraud. Rollbacks and Penalties: If fraud is proven, the batch is rolled back, and the dishonest actor loses their staked collateral as a penalty. 5. Finality: After the challenge period, if no fraud proof is submitted, the batch is considered final. This means the transactions are accepted as valid, and the state updates are permanent.
Incentive Mechanisms and Applicable Fees
Optimism, an Ethereum Layer 2 scaling solution, uses Optimistic Rollups to increase transaction throughput and reduce costs while maintaining security and decentralization. Here's an in-depth look at the incentive mechanisms and applicable fees within the Optimism protocol: Incentive Mechanisms 1. Sequencers: Transaction Ordering: Sequencers are responsible for ordering and batching transactions off-chain. They play a critical role in maintaining the efficiency and speed of the network. Economic Incentives: Sequencers earn transaction fees from users. These fees incentivize sequencers to process transactions quickly and accurately. 2. Validators and Fraud Proofs: Assumption of Validity: In Optimistic Rollups, transactions are assumed to be valid by default. This allows for quick transaction finality. Challenge Mechanism: Validators (or anyone) can challenge the validity of a transaction by submitting a fraud proof during a specified challenge period. This mechanism ensures that invalid transactions are detected and reverted. Challenge Rewards: Successful challengers are rewarded for identifying and proving fraudulent transactions. This incentivizes participants to actively monitor the network for invalid transactions, thereby enhancing security. 3. Economic Penalties: Fraud Proof Penalties: If a sequencer includes an invalid transaction and it is successfully challenged, they face economic penalties, such as losing a portion of their staked collateral. This discourages dishonest behavior. Inactivity and Misbehavior: Validators and sequencers are also incentivized to remain active and behave correctly, as inactivity or misbehavior can lead to penalties and loss of rewards. Fees Applicable on the Optimism Layer 2 Protocol 1. Transaction Fees: Layer 2 Transaction Fees: Users pay fees for transactions processed on the Layer 2 network. These fees are generally lower than Ethereum mainnet fees due to the reduced computational load on the main chain. Cost Efficiency: By batching multiple transactions into a single batch, Optimism reduces the overall cost per transaction, making it more economical for users. 2. L1 Data Fees: Posting Batches to Ethereum: Periodically, the state updates from Layer 2 transactions are posted to the Ethereum mainnet as calldata. This involves a fee known as the L1 data fee, which covers the gas cost of publishing these state updates on Ethereum. Cost Sharing: The fixed costs of posting state updates to Ethereum are spread across multiple transactions within a batch, reducing the cost burden on individual transactions. 3. Smart Contract Fees: Execution Costs: Fees for deploying and interacting with smart contracts on Optimism are based on the computational resources required. This ensures that users are charged proportionally for the resources they consume.
Beginning of the period to which the disclosure relates
2024-10-07
End of the period to which the disclosure relates
2025-10-07
Energy report
Energy consumption
300.39561 (kWh/a)
Energy consumption sources and methodologies
The energy consumption of this asset is aggregated across multiple components: To determine the energy consumption of a token, the energy consumption of the network(s) optimism is calculated first. For the energy consumption of the token, a fraction of the energy consumption of the network is attributed to the token, which is determined based on the activity of the crypto-asset within the network. When calculating the energy consumption, the Functionally Fungible Group Digital Token Identifier (FFG DTI) is used - if available - to determine all implementations of the asset in scope. The mappings are updated regularly, based on data of the Digital Token Identifier Foundation. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts.
Market cap
$1.27B
Circulating supply
1.78B / 4.29B
All-time high
$4.863
24h volume
$211.24M
3.4 / 5
OPOP
USDUSD
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