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1 OP0.482 USD *
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Optimism (OP) price performance.

The current Optimism price is $0.48 as in the last 24 hours its value has changed by -5.03%. Optimism ranks number 124 in terms of market capitalization. Optimism is a cryptocurrency you can buy, sell, or exchange on the Nexo platform.

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What is Optimism (OP)?

Optimism (OP) is the native token of the Optimism network — one of the most widely adopted Ethereum layer-2 scaling solutions using optimistic rollup technology. Designed to drastically reduce gas fees and improve transaction speeds, Optimism processes transactions off-chain and then submits batched data to Ethereum for final settlement. This enables significantly greater throughput while inheriting Ethereum’s security model.

Optimistic rollups assume that transactions are valid by default but allow a challenge window during which incorrect data can be disputed using fraud proofs. This model maintains decentralization and trustlessness while offering far superior efficiency compared to layer-1 execution.

The OP token plays a central role in governing the Optimism Collective, a unique dual-governance system that includes the Token House, composed of OP holders, and the Citizens’ House, which represents public goods funding recipients. OP holders can vote on protocol upgrades, ecosystem grants, and treasury allocations.

In addition to governance, OP is used to incentivize builders and users through initiatives like retroactive public goods funding (RPGF) and on-chain ecosystem rewards. The long-term vision includes the Superchain — a network of interoperable chains built on Optimism’s open-source OP Stack.

Optimism is currently priced at $0.48, with a market capitalization of $857,170,821. It reached an all-time high of $4.84 on March 6, 2024. There are 1,778,634,390 OP tokens in circulation, from a total supply of 4,294,967,296, and a maximum supply of 4,294,967,296.

Optimism powers dApps like Synthetix, Velodrome, and Lyra, offering developers a way to scale Ethereum-based applications while reducing costs for end users. 

You can buy Optimism with your credit or debit card through Nexo, or use other supported payment options for the purchase. If you’re ready to proceed, head over to the Nexo Exchange and buy OP.

Why choose Nexo to buy Optimism?

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Find answers to all your questions about Optimism.

What is Optimism (OP) crypto?

Optimism is a layer-2 scaling solution for Ethereum that improves transaction speed and lowers costs while maintaining Ethereum’s security. It uses optimistic rollups to bundle multiple transactions and post them to Ethereum as a single entry. The OP token is used for governance, giving holders the ability to vote on protocol upgrades and funding decisions through the Optimism Collective.

What does Optimism crypto do?

Optimism allows users and developers to interact with Ethereum-based applications at a lower cost and faster speed. It supports smart contracts and decentralized apps (dApps) by executing transactions off-chain and finalizing them on Ethereum. OP tokens are primarily used for governance within the Optimism ecosystem.

When was Optimism coin launched?

Optimism launched its mainnet in December 2021. The OP governance token was introduced later, in May 2022, to support decentralized decision-making through the Optimism Collective.

How to buy Optimism (OP) crypto?

To buy OP on Nexo:

  1. Log in to your Nexo account
  2. Visit the Optimism page
  3. Select your payment method
  4. Enter the amount and complete the transaction

You can purchase OP using crypto, a debit or credit card, or bank transfer — depending on your region.

Where to buy Optimism (OP) crypto?

OP is available on multiple exchanges. You can buy it directly through Nexo with flexible payment options and a simple, fast purchase process.
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