The live Optimism (OP) price is 0.759372, with a 24 hours Blynex trading volume of 116.02 M. The price of Optimism changed by 2.78% in the past 24 hours. With a circulating supply of 1.62 B OP and a maximum supply of 4.29 B OP coins. Optimism currently ranks #56 in market cap. You have the option to purchase Optimism (OP) on the Blynex exchange.
Date of Issue: 31.05.2022
Optimism (OP) is a leading Layer 2 scaling solution for Ethereum....
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24H Value
116.02 M
Market Cap(USD)
1.23 B
Circulating
1.62 B
Total Supply
4.29 B
(OP) Optimism Live Price Data
About Optimism (OP)
Optimism (OP) is a leading Layer 2 scaling solution for Ethereum. Buying OP on Blynex Exchange is easy: create an account, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Optimism (OP).
What is Optimism (OP)?
Optimism (OP) is a leading Layer 2 scaling solution for Ethereum, designed to enhance transaction speed and reduce costs while maintaining the security of the Ethereum mainnet. By leveraging optimistic rollups, it processes transactions off-chain and finalizes them on Ethereum, ensuring trustless execution and scalability. This innovation enables faster, more affordable interactions without compromising decentralization.
A Key Player in Ethereum Scaling
With over $500 million in total value locked (TVL), Optimism ranks among the top Ethereum scaling solutions. The network supports a thriving ecosystem of 97+ protocols, including major projects like Synthetix (SNX) for derivatives trading, Uniswap (UNI) for decentralized exchanges, and Velodrome (VELO) for automated market-making. This extensive ecosystem makes Optimism a go-to platform for DeFi enthusiasts seeking efficiency and low fees.
Seamless Integration and User Accessibility
Users can easily access Optimism by adding it to MetaMask and bridging assets like ETH from the Ethereum mainnet to the L2 network. By offering a user-friendly experience, Optimism enables seamless participation in DeFi, NFT marketplaces, and other blockchain applications. Its compatibility with Ethereum’s smart contracts ensures that developers can build without learning new programming languages or overhauling existing applications.
The OP Token and Airdrop
On May 31, 2022, Optimism distributed its highly anticipated OP token via an airdrop, rewarding early adopters and supporters. The OP token plays a crucial role in network governance, allowing holders to participate in decision-making processes that shape the protocol’s future. As adoption grows, the token's utility extends to funding ecosystem development and incentivizing long-term network participation.
The Future of Optimism
Optimism continues to push Ethereum’s scalability forward, driving mass adoption of Web3 applications. With continuous improvements to its rollup technology, a growing ecosystem, and strong community governance, Optimism is set to remain at the forefront of Ethereum scaling solutions. As the demand for faster, cheaper blockchain transactions increases, Optimism is poised to be a key player in the future of decentralized finance.OP to local currency
- OP to USD0.7371569600
- OP to EUR0.6812417500
- OP to AUD1.181
- OP to KRW1,085.104
- OP to JPY110.449
- OP to GBP0.570
- OP to INR63.013
- OP to CAD1.061
- OP to AED2.707
- OP to RUB61.747
OP to crypto currency
- OP to BTC0.0000089174
- OP to ETH0.0004038361
- OP to USDT0.7373998500
- OP to BNB0.0012173712
- OP to SOL0.0059202552
- OP to XRP0.3536239400
- OP to ADA1.059
- OP to TRX3.115
- OP to LTC0.009
- OP to TON0.179
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