About Optimism (OP)
OP is the token for the Optimism Collective that governs the Optimism L2 blockchain. The Optimism Collective is a large-scale experiment in digital democratic governance, built to drive rapid and sustainable growth of a decentralized ecosystem, and stewarded by the newly formed Optimism Foundation. OP governs upgrades to the protocol and network parameters, and creates an ongoing system of incentives for projects and users in the Optimism ecosystem. 5.4% of the total token supply will be distributed to projects on Optimism over the next six months via governance. If you’re building something in the Ethereum ecosystem, you can consider applying for the grant.
Where can you buy Optimism?
OP tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Optimism is Gate.io, where the most active trading pair OP/USDT has a trading volume of $7,741,780.48 in the last 24 hours. Other popular options include MEXC and DigiFinex.
What is the daily trading volume of Optimism (OP)?
The trading volume of Optimism (OP) is $303,260,277.38 in the last 24 hours, representing a -16.50% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for Optimism (OP)?
The highest price paid for Optimism (OP) is BTC0.0001389, which was recorded on Mar 06, 2024 (about 2 months). Comparatively, the current price is -47.80% lower than the all-time high price.
What is the all-time low for Optimism (OP)?
The lowest price paid for Optimism (OP) is BTC0.00002060, which was recorded on Jun 18, 2022 (almost 2 years). Comparatively, the current price is 528.30% higher than the all-time low price.
What is the market cap of Optimism (OP)?
Market capitalization of Optimism (OP) is BTC41,554.6127 and is ranked #48 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of OP tokens (1 Billion tokens are tradable on the market today).
What is the fully diluted valuation of Optimism (OP)?
The fully diluted valuation (FDV) of Optimism (OP) is BTC170,728.0846. This is a statistical representation of the maximum market cap, assuming the maximum number of 4.3 Billion OP tokens are in circulation today. Depending on how the emission schedule of OP tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Optimism compare against its peers?
With a price decline of -0.60% in the last 7 days, Optimism (OP) is outperforming the global cryptocurrency market which is down -4.00%, while underperforming when compared to similar Optimism Ecosystem cryptocurrencies which are up 0.40%.
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