OP/USD: Convert Optimism (OP) to United States Dollar (USD)
1 Optimism equals $1.64 United States Dollar
Last update: 4:41 AM, September 21, 2024
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Overview
About Optimism (OP)
Optimism is a layer two protocol and smart contract platform that aims to enable low-cost and near-instantaneous Ethereum transactions. The OP cryptocurrency powers the Token House, which will be a division of the Optimism Collective alongside the Citizens' House. The Collective governs network parameters, treasury disbursements, and protocol upgrades.
Resources
How Optimism (OP) and United States Dollar (USD) differ
Optimism (OP) and the US Dollar (USD) are fundamentally different in their nature and functionality. Optimism is a layer-two blockchain that operates on top of Ethereum, aiming to enhance the scalability of the Ethereum ecosystem. It uses a technology called optimistic rollups to record transactions on its own layer, which are then secured on Ethereum. This process aims to balance efficiency and security. On the other hand, the US Dollar is a traditional fiat currency, issued and regulated by the Federal Reserve. It is used as a medium of exchange, a unit of account, and a store of value. Unlike Optimism, the US Dollar does not rely on blockchain technology or consensus mechanisms for its operation. Furthermore, Optimism seeks to create an ecosystem where value is generated for its constituents, including token holders, contributors, builders, and community members. It is a potential platform for a wide range of decentralized applications (dApps), expanding the possibilities for token utilization within its ecosystem. In contrast, the US Dollar serves as the backbone of the global economy, used in international trade, foreign exchange markets, and as a benchmark for other currencies.
Optimism Markets
Optimism is climbing this week.
The current price of Optimism is $1.64 per OP. With a circulating supply of 1,187,596,466 OP, it means that Optimism has a total market cap of $1,949,762,358.94. The amount of Optimism traded has risen by $616,544.40 in the last 24 hours, which is a 0.43% increase. Additionally, in the last day, $144,308,743.19 worth of OP has been traded.
£1.9B
£144.3M
1.2B OP
Conversion tables
The exchange rate of Optimism is decreasing.
The current value of 1 OP is $1.64 USD. In other words, to buy 5 Optimism, it would cost you $8.20 USD. Inversely, $1.00 USD would allow you to trade for 0.61 OP while $50.00 USD would convert to 30.50 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.1%. Meanwhile, in the last 24 hours, the rate has changed by 1.18%, which means that the the highest exchange rate of 1 OP to United States Dollar was 1.695 USD and the lowest 24 hour value was 1 OP for 1.6365 USD. This time last month, the value of 1 OP was $1.37 USD, which is a 19.39% increase from where it is now. Looking back a year, Optimism has changed by -$0.34 USD.
OP to USD
Amount | Today at 4:41 am |
---|---|
0.5 OP | $0.82 |
1 OP | $1.64 |
5 OP | $8.20 |
10 OP | $16.40 |
50 OP | $81.98 |
100 OP | $163.95 |
500 OP | $819.75 |
1,000 OP | $1,639.50 |
USD to OP
Amount | Today at 4:41 am |
---|---|
0.5 USD | 0.30 OP |
1 USD | 0.61 OP |
5 USD | 3.05 OP |
10 USD | 6.10 OP |
50 USD | 30.50 OP |
100 USD | 60.99 OP |
500 USD | 304.97 OP |
1,000 USD | 609.94 OP |
Today vs. 24 hours ago
Amount | Today at 4:41 am | 24 hours ago | 24H Change |
---|---|---|---|
0.5 OP | $0.82 | $0.83 | -1.18% |
1 OP | $1.64 | $1.66 | -1.18% |
5 OP | $8.20 | $8.30 | -1.18% |
10 OP | $16.40 | $16.59 | -1.18% |
50 OP | $81.98 | $82.95 | -1.18% |
100 OP | $163.95 | $165.90 | -1.18% |
500 OP | $819.75 | $829.51 | -1.18% |
1,000 OP | $1,639.50 | $1,659.02 | -1.18% |
Today vs. 1 month ago
Amount | Today at 4:41 am | 1 months ago | 1M Change |
---|---|---|---|
0.5 OP | $0.82 | $0.69 | +19.39% |
1 OP | $1.64 | $1.37 | +19.39% |
5 OP | $8.20 | $6.87 | +19.39% |
10 OP | $16.40 | $13.73 | +19.39% |
50 OP | $81.98 | $68.66 | +19.39% |
100 OP | $163.95 | $137.33 | +19.39% |
500 OP | $819.75 | $686.63 | +19.39% |
1,000 OP | $1,639.50 | $1,373.26 | +19.39% |
Today vs. 1 year ago
Amount | Today at 4:41 am | 1 year ago | 1Y Change |
---|---|---|---|
0.5 OP | $0.82 | $0.65 | +26.49% |
1 OP | $1.64 | $1.30 | +26.49% |
5 OP | $8.20 | $6.48 | +26.49% |
10 OP | $16.40 | $12.96 | +26.49% |
50 OP | $81.98 | $64.81 | +26.49% |
100 OP | $163.95 | $129.62 | +26.49% |
500 OP | $819.75 | $648.09 | +26.49% |
1,000 OP | $1,639.50 | $1,296.19 | +26.49% |
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