OP
Optimism
OP

Optimism price

in USD
$0.4428
-- (--)
USD
Last updated on 24 Oct 2025, 02:35:19 pm.
Market cap
$788.11M #57
Circulating supply
1.78B / 4.29B
All-time high
$4.863
24h volume
$82.88M
Rating
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.
AI insights
Layer 2
Official website
Github
Block explorer
CertiK
Last audit: --

Optimism’s price performance

Past year
-73.86%
$1.69
3 months
-39.34%
$0.73
30 days
-36.30%
$0.70
7 days
+4.92%
$0.42

Optimism on socials

zerokn0wledge.hl 🪬✨
zerokn0wledge.hl 🪬✨
Think another key issue with general-purpose L2s (aside the lack of adoption if they don't solve an actual problem) is often the economics around the tokens and a lack of actual demand for it. After all, in this hyper-financialized industry, the token is not just one of the most powerful marketing and community building tools projects have at disposal, it's also part of the product itself to some degree. @megaeth_labs looks like one of the more interesting players also in this regard, as the token clear system utility that's supposed to drive demand. More specifically, MegaETH leverages a single, yet rotating sequencer that "follows the sun", meaning that it rotates with the world’s economic day, from Tokyo, to the Netherlands, Northern Virginia, and Los Angeles. For each window one sequencer (based on MEGA stake, past performance, and infra) is selected to build blocks during that window. While the rotation mechanics optimizes latency for where users are most active at any given time, the stake-based selection drives token demand among sequencer candidates. That's not all yet tho. The second part of the equation are "proximity markets", a.k.a. bidding for sequencer-adjacent floorspace (co-location). I find this quite interesting as it clearly aligns with a core focus of MegaETH (realtime finance and onchain orderbooks). The market for co-location allows market makers and apps to lock MEGA to participate in the bidding to optimize for minimal latency so that orders are submitted and confirmed in real-time, tightening spreads and deepening liquidity. With growing demand for co-location (driven by ecosystem activity, latency-sensitive market participants and apps), so will the demand for MEGA. One example of a team building around this already is @valhalla_defi, which runs a parallelized sequencer near the MegaETH sequencer, aiming to retain the low latency of MegaETH while still getting app-specific sequencing and gasless trading.
zerokn0wledge.hl 🪬✨
zerokn0wledge.hl 🪬✨
Think the focus in the L2 world has been on "plain vanilla" EVMs for too long, which especially in the Ethereum ecosystem has led to a lot of replication but brought little innovation. While Base (CB distribution power), Arbitrum (first mover) and increasingly Mantle (app layer innovation) are quite successful, most other EVM L2s have never really gained traction, or have been bleeding significantly in recent months/years (e.g. OP mainnet which lost 2/3 of TVL since ATH). Imo that's not too surprising bc the Ethereum ecosystem and the broader market don't need 50 EVM L2s. At least not unless they bring something actually new to the table. I always liked the "network extension" idea from the Solana ecosystem in this context, which while being a rather broad term wrt what it can entail from an architectural perspective (e.g. Bullet, MagicBlock, Neon, etc.), is quite clear wrt the intention (extending the network's functionality). Makes sense given @solana's much stronger focus on scaling L1 execution kind of removes the need for L2s that replicate the L1s functionality on L2. Yet, there are use cases and apps that might still be hard to realize or that at least suffer under the constraints of the L1 execution environment. Bullet with it's perp DEX is a good example here on Solana, while on Ethereum similar appchains (e.g. @Lighter_xyz or @Paradex) that specialize instead of building another general-purpose EVM, and EVM L2s that innovate beyond what we've seen so far (e.g. @megaeth_labs or @rise_chain enabling realtime execution or @fluentxyz pioneering blended execution), now actually bring innovation to the Ethereum ecosystem that significantly broadens the design space and the network's functionality. While from the perspective of the base layers (Ethereum and Solana) the controversy around value accrual potential that L2s actually provide for the L1 (especially if they are fully modular, reducing L1 role to settlement only) vs enabling those apps on L1 remains, I think the rise of more opinionated and specialized L2s is a healthy and promising development. Yet, demand for the block space and all the theoretical TPS of these chains (not to forget all the old and new L1s that are out there too) has to grow as well to support the increasing number of chains. What's certain tho, is that the battle for attention, users, liquidity and ultimately relevance, in what measured by current standards seems like a rather saturated market, will be fierce. Strong technical moat and real innovation are a good start, but don't guarantee long-term success.
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INSOMNIAC
INSOMNIAC
In the past month, Arbitrum leads inflows by a wide margin to the next closest chain Polygon This can be assumed to be contributed by the TVL growth of the following projects on the chain: • @USDai_Official - 133% • @Uniswap - 99.89% • @kernel_dao - 92.21% • @MorphoLabs - 79.37% • @pendle_fi - 76.96% Morpho's spike in TVL could probably be attributed to the ongoing Arbitrum Drip program while others like Fluid saw more modest increases I find it interesting to watch flows between chains as it gives an indication of where ppl are going and what they're doing there This doesn't mean you should chase flows but learn to find the early signals before everyone else does
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jundeuⓂ️Ⓜ️T
jundeuⓂ️Ⓜ️T
[@base OG Launchpad Clanker news] 1. Integrated with @farcaster_xyz (feels like an acquisition) 2. Fees will be used for $CLANKER token buybacks 3. It is said that ⅔ of all fees will go to buybacks, and ⅓ will be for taxes At this point, can we consider Clanker as the official launchpad of the Base chain? By the way, CLANKER has risen about 60% today.
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Farcaster
Farcaster
clank clank
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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 $0.4428. 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.

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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Market cap
$788.11M #57
Circulating supply
1.78B / 4.29B
All-time high
$4.863
24h volume
$82.88M
Rating
3.4 / 5
OPOP
USDUSD
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