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-200% Bonus$2,134,623,891
$7,304,880,377
$253,072,480
1,255,070,491 OP
4,294,967,296 OP
4,294,967,296 OP
Optimism OP Optimism (OP) Chart
Optimism (OP) Return On Investment(ROI)
Optimism (OP) Price Now
Optimism price today is $1.7 with a 24-hour trading volume of $253,072,480. OP price is down -1.85% in the last 24 hours. It has a circulating supply of 1.26Bil OP coins and a max supply of 4.29Bil.
In order to search for real-time and historical information about Optimism (OP) blockchain, including data related to blocks, transactions, addresses, and more, you may use Optimism (OP) block explorers. Here are some of the most popular and useful Optimism (OP) blockchain explorers out there:
What is Optimism ($OP)?
Optimism is a second layer (L2) scalability solution built on Ethereum, that allows users to perform faster and cheaper transactions on the blockchain. Optimism uses a technique called optimistic rollup, which consists of bundling transactions in batches and executing them on a sidechain, which syncs periodically with the mainchain of Ethereum. Optimism launched in 2021 as a decentralized finance (DeFi) protocol that enables users to access various services and products based on the blockchain.
How does Optimism work?
Optimism works as an intermediate layer between the mainchain of Ethereum and the decentralized applications (dApps) that run on it. Optimism uses a game-theoretic consensus system, which assumes that transactions are valid by default and only verifies them if there is a dispute. This reduces the time and cost of transactions, as no cryptographic proof is required for each operation. Optimism also uses a fraud proof mechanism, which allows users to challenge invalid transactions and receive a reward for doing so.
Optimism also works as a platform for the development and deployment of dApps. Developers can use the Solidity language to create their smart contracts and deploy them on the sidechain of Optimism, without needing to modify their code. Users can interact with the dApps of Optimism through their usual wallets, such as Metamask or WalletConnect.
What are the advantages of using Optimism?
Optimism offers several advantages to users who want to participate in the DeFi ecosystem. Some of these advantages are:
- It is an open and inclusive solution, that respects the principles of community and innovation.
- It is a secure and efficient solution, that uses the security of the mainchain of Ethereum and reduces the congestion and fees of the network.
- It is a flexible and compatible solution, that allows to execute any type of smart contract or dApp on Ethereum with higher speed and scalability.
- It is an innovative and disruptive solution, that creates a new model of decentralized and optimistic computation.
What are the challenges of using Optimism?
Optimism also has some challenges and risks that users should be aware of before using the solution. Some of these challenges are:
- It is a complex and novel solution, that involves knowing its features, benefits and costs.
- It is an experimental and developing solution, that is subject to changes, updates and possible errors or vulnerabilities.
- It is a solution based on the sidechain, that implies assuming certain risks associated with the synchronization and dispute of transactions.
- It is a solution based on optimistic rollup, that implies assuming certain risks associated with the consensus system and the fraud proof mechanism.
Where can you learn more about Optimism?
Optimism is a solution that has a lot of resources and information available for users interested in learning more about the solution. Some of these resources are:
- The official website of Optimism: https://optimism.io/
- The official blog of Optimism: https://medium.com/optimistic-ethereum
- The official YouTube channel of Optimism: https://www.youtube.com/channel/UCRyG3YBmIDNlDLrzIuLHaUQ
- The official Discord server of Optimism: https://discord.gg/jrnFEvq
- The official Twitter account of Optimism: https://twitter.com/optimismPBC
- The official documentation of Optimism: https://community.optimism.io/docs/
Optimism (OP) Community
- Twitter: https://twitter.com/optimism
- Medium: https://optimismpbc.medium.com
What is Optimism (OP) Contracts address?
- OP Mainnet: 0x4200000000000000000000000000000000000042
Optimism FAQ
What is the price of Optimism (OP) coin?
The current Optimism usd price is $1.7. We update the Optimism USD price in real time. Get live prices of Optimism on different cryptocurrency exchanges around the world on Coincarp.
Is Optimism (OP) coin a good investment?
It depends on your personal risk tolerance and investment goals. Optimism is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Optimism investing, you will also need to understand the Optimism project's white paper, team background, tokenomics, and the overall market environment.
The main ways to get involved in Optimism investing are by participating in Spot, Perpetual, ETF/Leveraged trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.
Where can I buy Optimism (OP) coin crypto?
You can buy Optimism from a cryptocurrency exchange (CEX or DEX) or some cryptocurrency wallets. Usually we choose cryptocurrency exchanges to buy, most exchanges require you to set up an account and verify your identity before buying Optimism. Cryptocurrency exchanges that currently support Optimism trading include:
If there is any error, please feedback to us, our email is hello@coincarp.com. Please be aware that buying and selling Optimism involves high risks.You should always do your own research and make sure you understand the risks associated with Optimism trading before you begin.
How to short Optimism (OP) coin?
The easiest way to short Optimism is through margin trading, usually with Perpetual contracts, Futures contracts, ETF/Leveraged. Only a few cryptocurrency trading platforms allows short selling due to the considerable risk involved in this type of trading.
To start shorting Optimism, open a margin account, provide some collateral for your short position, borrow some coins from the trading platform, and start short selling. Keep in mind that shorting Optimism or any other cryptocurrency is high-risk. Exchanges that currently support shorting Optimism are:
What will Optimism (OP) coin be worth in 5 years?
It is impossible to predict what Optimism will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Optimism's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Optimism 5 years from now.
OP Price Statistics
Optimism Price
$1.7
Price Change24h
$-0.032057 1.85%
24h Low / 24h High
$1.6 / $1.8
Trading Volume 24h
$253,072,480
Volume/Market cap (24h)
11.86%
Market Dominance
0.06%
Market Rank
#52
Market Cap
$2,134,623,891
Fully Diluted Market Cap
$7,304,880,377
7d Low / 7d High
$1.48 / $1.85
30d Low / 30d High
$1.3 / $1.86
90d Low / 90d High
$1.28 / $1.94
52 Week Low / 52 Week High
$1.07 / $4.86
All Time High
$13.14
All Time Low
$0.3995
Optimism (OP) Events
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