Optimism
Market Open
27 Jul, 05:10
$
0. 094974
-0.001026
-1.0687%
$
778,828 Volume
$ 0.096
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OPUSD Overview
OPUSD denotes the price of Optimism (OP) quoted in US dollars. It reflects how many US dollars are required to buy one OP token at a given moment and is the conventional fiat-quoted metric for assessing OP market value.
Optimism is a layer-2 scaling solution for Ethereum that uses optimistic rollup technology to increase transaction throughput and reduce fees. The project was developed by the Optimism team, co-founded by Jinglan Wang and Karl Floersch, and saw early development activity in 2019 with the OP governance token introduced to the market in 2022. OP functions as a blockchain-native token tied to the protocol’s governance and network economics and is distributed under a capped supply (commonly cited as approximately 4.29 billion tokens).
The OPUSD exchange rate is formed by market supply and demand across centralized and decentralized venues. Liquidity on order books and automated market makers, trading activity, developer and on-chain metrics, investor sentiment, and broader macro and crypto-market dynamics all contribute to price discovery. News, protocol upgrades and changes in Ethereum gas conditions can also influence short-term moves.
OPUSD is used by traders and investors to gain exposure to Optimism’s adoption, to speculate on governance and network growth, and to implement arbitrage or hedging strategies. It serves as a benchmark for evaluating the market’s assessment of layer-2 utility.
Like many crypto assets, OP can exhibit significant volatility; liquidity tends to be deeper on major exchanges and in stablecoin pairs, so execution and risk management are important when trading.
Optimism is a layer-2 scaling solution for Ethereum that uses optimistic rollup technology to increase transaction throughput and reduce fees. The project was developed by the Optimism team, co-founded by Jinglan Wang and Karl Floersch, and saw early development activity in 2019 with the OP governance token introduced to the market in 2022. OP functions as a blockchain-native token tied to the protocol’s governance and network economics and is distributed under a capped supply (commonly cited as approximately 4.29 billion tokens).
The OPUSD exchange rate is formed by market supply and demand across centralized and decentralized venues. Liquidity on order books and automated market makers, trading activity, developer and on-chain metrics, investor sentiment, and broader macro and crypto-market dynamics all contribute to price discovery. News, protocol upgrades and changes in Ethereum gas conditions can also influence short-term moves.
OPUSD is used by traders and investors to gain exposure to Optimism’s adoption, to speculate on governance and network growth, and to implement arbitrage or hedging strategies. It serves as a benchmark for evaluating the market’s assessment of layer-2 utility.
Like many crypto assets, OP can exhibit significant volatility; liquidity tends to be deeper on major exchanges and in stablecoin pairs, so execution and risk management are important when trading.
OPUSD Chart
Base And Optimism Push Native Account Abstraction Toward The OP Stack
Base And Optimism Push Native Account Abstraction Toward The OP Stack - Read the full analysis.
Bitcoinist | 4 days ago
DB Securities and Optimism Foundation Partner to Build STO and RWA Infrastructure in South Korea
DB Securities and the Optimism Foundation signed a Memorandum of Understanding in New York to develop Security Token Offering (STO) and Real-World Assets (RWA) infrastructure aimed at the Jeju region in South Korea.
Crypto-economy | 1 week ago
Toss and Optimism Explore Korean Won Stablecoin, Plan OP Stack Test
Toss and Optimism are exploring a Korean won stablecoin initiative and plan to conduct an OP Stack infrastructure test, signaling a new collaboration between one of South Korea's largest fintech platforms and a leading Ethereum Layer 2 scaling project.
Coincu | 2 weeks ago
OPUSD FAQ
What is the current Optimism price?
The current price is $0.094974, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.001026 (-1.0687%), showing how much the asset has moved compared to the previous close.
What is the previous close for Optimism?
The previous close was $0.096000, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-1.0687%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.094720) and highest ($0.096000) prices traded during the selected period, helping assess volatility.
Why is Optimism (OP) moving today?
Price movements in Optimism are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.094974) is below the previous close ($0.096000), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Optimism?
You can view real-time charts, price updates, and market data for Optimism (OP) directly on this page.
