Optimism

$0.1006
-$0.000607(-0.60%)Today
Market cap
217.37m
Total volume (24h)
31.92m
Volume / Market cap
0.1469
Circulating supply
2.16bn
Day range (24h)
$0.0994$0.1019
All-time low
$0.0889
All-time high
$4.84

About Optimism (OP)

Optimism (OP) is a decentralized cryptocurrency. Today, 28 June 2026 19:07 UTC, OP is currently trading at $0.1 with a market cap of $217,372,371 and 24h volume of $31,924,770.

The all-time high of Optimism was $4.84 and the all-time low was $0.09.

You can buy, sell, manage, and trade OP directly in MetaMask.

Price history

Today (28 June 2026)$0.1006-0.60%
24 hours ago (27 June 2026)$0.1012-0.60%
1 week ago (21 June 2026)$0.1017-1.10%
1 month ago (29 May 2026)$0.1188-15.30%
1 year ago (28 June 2025)$0.5482-81.64%

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OP market moves

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24h change: +5.11%. From $0.0969 to $0.1018.

  • Optimism governance approved directing 50% of net Superchain sequencer revenue to monthly OP token buybacks for a 12-month pilot that began in early 2026. This mechanism sends repurchased tokens to the Collective treasury for potential burning, staking rewards, or ecosystem funding as decided by governance. It creates a direct tie between transaction activity on OP Stack chains and demand for OP. The program aims to improve token economics amid ongoing unlocks and ecosystem expansion.
  • Curve Finance deployed Llamalend v2 on the Optimism network in mid-June 2026 as the first phase of its lending upgrade. The launch received a 250000 OP token grant from the Optimism Foundation to help bootstrap liquidity and was followed by full rewards after a DAO vote. It brings the advanced LLAMMA liquidation engine to Optimism users ahead of other chains. This adds to DeFi activity on the network amid current token price levels.

24h change: -5.12%. From $0.1019 to $0.0967.

  • Optimism governance approved directing 50% of net Superchain sequencer revenue to monthly OP token buybacks over a 12-month pilot starting in February 2026. The program converts ETH fees into OP purchases, creating a direct link between ecosystem usage and token demand. It has been active for several months and is intended to provide structural buying support as more chains join the Superchain. This shifts OP tokenomics toward value accrual tied to network growth.
  • On-chain data in mid-June 2026 showed large holders accumulating OP as the price stabilized around $0.10 following a correction. This buying activity coincided with a rebound in network metrics and was highlighted in market updates naming OP among altcoins of interest for Ethereum scaling. Accumulation occurs against the backdrop of continued monthly token unlocks that extend into 2027. Analysts view it as positioning ahead of any potential recovery.
  • May 2026 metrics show OP Stack chains processing 14.7 million transactions daily with nearly $1 billion in DEX volume and $5.1 billion TVL. Base leads the activity, contributing the majority of volume and fees. The ecosystem maintains leading share of layer-2 fees and generates sequencer revenue that supports the OP buyback program. Growth across 30-plus chains underscores Optimism's role in Ethereum scaling infrastructure.

24h change: -0.48%. From $0.1026 to $0.1021.

  • Governance approved a proposal in January 2026 to allocate 50 percent of net Superchain sequencer revenue to monthly OP token buybacks for a 12-month period. This creates a direct economic link between network activity across chains like OP Mainnet and the value of the OP token. The program aims to support sustainable value accrual as the ecosystem expands. It represents a shift toward tying token economics more closely to real usage and revenue.
  • Curve Finance launched its Llamalend v2 upgrade first on Optimism in mid-June 2026. The deployment received support from a 250,000 OP token grant from the Optimism Foundation to help bootstrap liquidity. This adds advanced DeFi functionality to the network and demonstrates continued developer and foundation investment. It may drive additional on-chain activity and usage within the OP Stack ecosystem.
  • As of June 2026 the OP token trades around $0.10-$0.11, roughly 98 percent below its 2024 all-time high of $4.84. On-chain data from mid-June showed increased whale accumulation during the period of price weakness. Some analysts have included OP in lists of altcoins that could see capital rotation. The token price remains subdued even as the broader Superchain and OP Stack infrastructure sees development and new DeFi deployments.

24h change: -0.69%. From $0.1035 to $0.1027.

  • Optimism's token unlock schedule includes a release of approximately 31.3 million OP tokens around June 30 to core contributors and investors. This represents one of the last major cliff events in the multi-year vesting plan that has gradually increased circulating supply to over 50 percent of the total 4.29 billion. The event arrives while the token trades near levels seen earlier in June. Completion of the schedule is expected to reduce predictable future supply increases.
  • Since February 2026, governance has directed 50 percent of net sequencer revenue across the Superchain to automatic OP token buybacks. Repurchased tokens fund Retroactive Public Goods Funding to reward ecosystem contributors. The mechanism ties token demand more directly to actual network usage and fee generation on OP Stack chains including OP Mainnet and Base. It remains active as of mid-2026.
  • Base deployed the Beryl upgrade to testnet on June 19 with mainnet activation scheduled around June 25. The upgrade introduces a native token standard and aims for faster withdrawals. World Chain TVL surged over 30 percent in mid-June to approximately $602 million. These developments reflect ongoing technical and adoption progress across OP Stack chains.

24h change: +2.90%. From $0.1006 to $0.1035.

  • Optimism plans to release 31.34 million OP tokens valued at roughly $3.4 million to core contributors on June 30 2026. This represents one of the final notable distributions under the project's vesting schedule which extends in smaller amounts to 2029. The event arrives while OP trades near its all-time low hit earlier in June. It concludes much of the multi-year unlocking process that has gradually increased circulating supply from the initial 4.29 billion total.
  • Curve Finance deployed Llamalend v2 first on Optimism in mid-June 2026 backed by a 250000 OP grant to boost liquidity. Alchemix v3 went live on OP mainnet introducing mix-yield tokens higher LTV vaults and new transmuter features. These moves expand decentralized finance options on the network and align with Superchain growth initiatives. They occur alongside broader efforts to drive usage and revenue that supports OP token buybacks.
  • Optimism mainnet reached 196.7 million transactions and 44.26 transactions per second during Q1 2026. This reflects increasing adoption and improved scalability for the layer-2 network. Activity metrics support the Superchain vision that spans multiple OP stack chains. Revenue from sequencer fees continues to fund OP token buybacks tying token economics more closely to network usage.

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