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OP Rank 161 Layer 2 / scaling

Optimism

$0.0991 +3.83% 24H +0.70% 7D
live quote, delayed and indicative CoinGecko observed 02 Sep 2026 21:47 UTC
Market cap Market cap $226.75M 0.01% of the market
Fully diluted Fully diluted $425.66M +87.72% above market cap
Volume, 24h Volume, 24h $73.21M 32.29% of market cap
Circulating Circulating 2.29B OP of 4.29B maximum
From all-time high From all-time high -97.95% high on 06 Mar 2024
Volatility, 30d Volatility, 30d 83.3% annualized from daily moves
How to read this file. Each tab answers one question. Overview is the summary. Price is what it has done. Fundamentals is what it earns. Tokenomics is what happens to supply. Valuation puts the two together — with the limits of doing so stated. Every figure shows the period it was measured over and who published it.
01

What this is

Optimism is a Layer 2 scaling network built on top of Ethereum, designed to make transactions faster and cheaper than transacting directly on Ethereum's base layer. It operates as a growing family of chains called the Superchain, all built on a shared open-source framework called the OP Stack, which is also used by chains such as Base, Unichain, Ink, and World Chain. The OP token gives holders the ability to participate in governance decisions, including protocol upgrades and how ecosystem funds are allocated.

Optimism processes transactions off Ethereum's main chain and periodically settles the results back to Ethereum, reducing the cost each user pays for Ethereum's security. The underlying OP Stack is an optimistic rollup framework, meaning transactions are assumed valid by default and only checked if challenged. Every chain built on the OP Stack that joins the Superchain follows a standardized revenue-sharing model, contributing either 2.5% of total chain revenue or 15% of on-chain profit — whichever is greater — back to the Optimism Collective.

Fees on OP Mainnet and other Superchain members are paid by users conducting transactions, and the median transaction fee recorded on the most recent full day (2026-08-26) was $0.000032, reflecting the low-cost nature of the network. The Superchain revenue-sharing model directs a portion of each member chain's revenue or profit to the Optimism Collective, which funds ecosystem development. The circulating supply stands at approximately 2.29 billion OP against a maximum supply of roughly 4.29 billion, meaning about 53.3% of all tokens have been issued to date, with the remaining 46.7% yet to enter circulation.

Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.

02

Price history

daily close end-of-day price history observed 02 Sep 2026 21:47 UTC 1634 daily observations stored
03

Key figures

04

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