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Market data as of 44 min. ago

Optimism

OP · Market cap rank 112

$0.1263▼ −1.7%

Price history

Last three years · Low $0.0858 · High $4.58▼ −90.0%

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Key figures

Market cap
$290.4M
Fully diluted
$542.3M
24h volume
$64.4M
Circulating supply
2,299,624,975 OP
Total supply
4,294,967,296 OP
Max supply
4,294,967,296 OP
FDV to market cap
1.87×

Above 1 means supply is still being issued

Supply issued
53.5 %

Circulating share of the maximum

Listed since
May 31, 2022

Change

1h
▲ +0.5%
24h
▼ −1.7%
7d
▼ −11.1%
30d
▲ +7.0%

How this coin behaves

Measured from 1200 days of daily closes. These describe what the price has done, not what it will do.

30-day volatility
1.3 %

Standard deviation of daily moves, annualised

Typical day
3.1 %

Median daily move over 90 days

Days closing higher
41 %

Over the last 365 days

Best day
▲ +21.1%

Oct 13, 2026

Worst day
▼ −16.5%

Feb 5, 2026

Deepest drawdown
▼ −98.3%

Mar 9, 2024 to Aug 18, 2026

Below its high
▼ −97.4%

High of $4.71 on Mar 9, 2024

Correlation with BTC
0.57

Daily moves over 90 days, −1 to +1

Base rates and derivatives positioning

How often this coin has actually managed a move of a given size in 30 days, and how the perpetual market is positioned right now.

Included with Pro+

Base rates turn a price target into a frequency: how often a move that size has happened before.

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Where it came from

Optimism grew out of the Plasma Group, a research collective that dissolved in 2020 and turned its work into a rollup. Its distinguishing choice was not technical but organisational: a stated commitment to fund public goods from network revenue, formalised as retroactive funding for work already done.

What it does

Optimism is an optimistic rollup and, more consequentially, the maintainer of the OP Stack, a shared codebase that other chains deploy. Those chains form a network that shares standards and, increasingly, settlement infrastructure.

What moves the price

  • How many chains run on the OP Stack and what share of their revenue flows back, which turns a codebase into an income stream.
  • Sequencer revenue net of data-posting costs on Ethereum.
  • Retroactive public goods funding rounds, which distribute tokens on a recurring schedule.
  • Unlocks from the initial allocation to investors and contributors.

A description of how this asset works, not advice about holding it. Figures above update with the market data; this text is reviewed by hand. Reviewed Sep 3, 2026

About Optimism

Optimism (OP) is a cryptocurrency and operates on the Optimism platform. Optimism has a current supply of 4,294,967,296 with 2,299,624,975 in circulation. The last known price of Optimism is 0.14047236 USD and is down -9.39 over the last 24 hours. It is currently trading on 800 active market(s) with $221,465,885.40 traded over the last 24 hours. More information can be found at https://www.optimism.io/.

Links

Prediction markets on Optimism

Open prediction markets whose question turns on Optimism. Prices update with the rest of the site.

No open prediction market mentions this coin right now. That is a statement about the market, not about the coin.

Browse live odds

AI scan

What is moving the Optimism price right now — researched with sources, not a price target.

Every scan uses one of your research credits.

Common questions

What is Optimism (OP)?

Optimism grew out of the Plasma Group, a research collective that dissolved in 2020 and turned its work into a rollup. Its distinguishing choice was not technical but organisational: a stated commitment to fund public goods from network revenue, formalised as retroactive funding for work already done. Optimism is an optimistic rollup and, more consequentially, the maintainer of the OP Stack, a shared codebase that other chains deploy. Those chains form a network that shares standards and, increasingly, settlement infrastructure.

How volatile is Optimism?

Over the last 30 days, Optimism has an annualised volatility of 1.3 %. The median daily move across the last 90 days is 3.1 %. Both describe what the price has done, not what it will do.

What is the biggest drawdown Optimism has had?

Across the daily closes on file, the deepest peak-to-trough fall is 98 %, from 2024-03-09 to 2026-08-18. The highest close in that window is $4.71 on 2024-03-09.

What moves the Optimism price?

How many chains run on the OP Stack and what share of their revenue flows back, which turns a codebase into an income stream. Sequencer revenue net of data-posting costs on Ethereum. Retroactive public goods funding rounds, which distribute tokens on a recurring schedule. Unlocks from the initial allocation to investors and contributors.

What is the market cap of Optimism?

Optimism has a market capitalisation of $290 million, ranking 112th by market cap. The figure updates with the market data on this page.

Other coins in Layer 2 & scaling

Each of these has its own page with the same figures and history.

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