Convert Optimism OP to Wrapped Bitcoin WBTC
OP to WBTC: 1 Optimism converts to 0.00000654 WBTC as of May 18 at 8:32 PM
About OP and WBTC
Optimism is falling, while Wrapped Bitcoin is climbing this week. The current OP to WBTC conversion rate is 0.00000654. Inversely, this means that if you convert 1 WBTC you will get 152,961.35 OP. The conversion rate of OP/WBTC has decreased by 3.6% in the last hour (WBTC/OP increased by 3.6%). In the last 24 hours, OP/WBTC shrunk by 3.19%, while WBTC/OP grew by the same amount.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.00000654 WBTC. In other words, to buy 5 Optimism, it would cost you 0.00003269 WBTC. Inversely, 1 WBTC would allow you to trade for 152,961.35 OP while 50 WBTC would convert to 7,648,067.69 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 27.16%. Meanwhile, in the last 24 hours, the rate has changed by 2.99%, and that the highest exchange rate of 1 OP to WBTC was 0.00000714 WBTC and the lowest 24 hour value was 1 OP for 0.00000642 WBTC. Last month, 1 OP was worth 0.00000781 WBTC. Today, it's down 19.5%. Looking back a year, Optimism has changed by 0.000037 WBTC. That means that in a single year, the value of Optimism has shrank by 466.32%.
Optimism Market Stats
Optimism is a network of chains called the Superchain, built on the open-source OP Stack. OP Mainnet was the first chain, with several others now operating on the OP Stack architecture, including Base (by Coinbase), Unichain (by Uniswap), Ink (by Kraken), and World Chain (by Worldcoin). The OP Stack serves as a framework for Ethereum Layer 2 chains and supports significant L2 activity. Every OP Chain in the Superchain contributes back to the Optimism Collective and all chains follow a standardized revenue-sharing model: the greater of 2.5% of total chain revenue or 15% of onchain profit (defined as fees minus L1 gas costs) is paid back to the Optimism. By aligning economic incentives across many chains, Optimism aims to transform Ethereum scaling into a sustainable flywheel by delivering fast, low-cost transactions while reinvesting in the future of the ecosystem. OP holders participate in governance to shape protocol upgrades, funding decisions, and more
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Conversion tables
OP to WBTC values from Today at 8:32 pm
0.5 OP = 0.00000327 WBTC |
1 OP = 0.00000654 WBTC |
5 OP = 0.000033 WBTC |
10 OP = 0.000065 WBTC |
50 OP = 0.000327 WBTC |
100 OP = 0.000654 WBTC |
500 OP = 0.0033 WBTC |
1,000 OP = 0.0065 WBTC |
WBTC to OP values from Today at 8:31 pm
0.5 WBTC = 76,480.68 OP |
1 WBTC = 152,961.35 OP |
5 WBTC = 764,806.77 OP |
10 WBTC = 1,529,613.54 OP |
50 WBTC = 7,648,067.69 OP |
100 WBTC = 15,296,135.38 OP |
500 WBTC = 76,480,676.92 OP |
1,000 WBTC = 152,961,353.85 OP |
OP to WBTC over time
OP | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 OP | 0.00000327 WBTC | 0.00000337 WBTC | 0.00000391 WBTC | 0.000019 WBTC |
1 OP | 0.00000654 WBTC | 0.00000673 WBTC | 0.00000781 WBTC | 0.000037 WBTC |
5 OP | 0.000033 WBTC | 0.000034 WBTC | 0.000039 WBTC | 0.000185 WBTC |
10 OP | 0.000065 WBTC | 0.000067 WBTC | 0.000078 WBTC | 0.000370 WBTC |
50 OP | 0.000327 WBTC | 0.000337 WBTC | 0.000391 WBTC | 0.0019 WBTC |
100 OP | 0.000654 WBTC | 0.000673 WBTC | 0.000781 WBTC | 0.0037 WBTC |
500 OP | 0.0033 WBTC | 0.0034 WBTC | 0.0039 WBTC | 0.0185 WBTC |
1,000 OP | 0.0065 WBTC | 0.0067 WBTC | 0.0078 WBTC | 0.0370 WBTC |
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Frequently asked questions
How much is 1 Optimism in WBTC?
Right now, 1 Optimism is worth about 0.00000654 WBTC.
How much OP could I buy for 1 WBTC?
Based on the current rate, you could get 152,961.35 OP for 1 WBTC.
How do I calculate or convert OP to WBTC?
You can use our OP to WBTC calculator at the top of this page to convert any amount of OP to WBTC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 WBTC is equivalent to 764,806.77 OP. Inversely, 5 OP will cost about 0.000033 WBTC.
How can I buy 1 Optimism on Coinbase?
Optimism is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Optimism.
What are assets similar to Optimism that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Optimism, including Quant, XDC Network, and Injective. For a more robust list of assets to explore, jump to the asset page dedicated to Optimism.
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