Optimism

$0.0856
-$0.000599(-0.70%)Today
Market cap
195.77M
Total volume (24h)
26.70M
Volume / Market cap
0.1364
Circulating supply
2.29B
Day range (24h)
$0.0853$0.0895
All-time low
$0.082
All-time high
$4.84

About Optimism (OP)

Optimism (OP) is a decentralized cryptocurrency. Today, August 14, 2026 10:34 UTC, OP is currently trading at $0.09 with a market cap of $195,770,609 and 24h volume of $26,700,694.

The all-time high of Optimism was $4.84 and the all-time low was $0.08.

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

Price history

Today (August 14, 2026)$0.0856-0.70%
24 hours ago (August 13, 2026)$0.0862-0.70%
1 week ago (August 7, 2026)$0.0887-3.50%
1 month ago (July 15, 2026)$0.1011-15.30%
1 year ago (August 14, 2025)$0.8154-89.50%

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OP market moves

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24h change: +1.50%. From $0.0901 to $0.0915.

  • The Optimism Foundation released its year 5 outlook projecting roughly 343 million OP tokens will enter circulation between May 2026 and April 2027. Major allocations include 200 million from the ecosystem fund along with portions for early contributors, investors, and the governance fund. Buybacks have repurchased only about 9 million OP to date despite the revenue sharing program. The update has drawn attention as OP trades near its all-time lows.
  • Optimism has launched OP Enterprise as a managed infrastructure suite for institutions building on the OP Stack. Multiple financial players including Bitpanda with its Vision Chain and others in different markets have adopted the technology for tokenized assets, stablecoins, and regulated DeFi. The focus emphasizes enterprise guarantees, compliance tools, and rapid deployment timelines measured in weeks rather than months. This aligns with a broader shift toward sustainable business models and institutional demand for onchain financial infrastructure.
  • Optimism directs 50 percent of net Superchain sequencer revenue toward recurring OP token buybacks. The program aims to better align token economics with network growth and usage across the ecosystem. Despite the mechanism, repurchases have been limited relative to scheduled unlocks. Governance approved the buyback approach earlier in 2026 as part of efforts to tie token value more closely to onchain activity.

24h change: +0.20%. From $0.0891 to $0.0893.

  • The Optimism Foundation detailed plans for approximately 343 million new OP tokens to enter circulation over the next 12 months from various ecosystem sources. This comes as the token trades near its all-time low and the existing buyback program has only acquired around 9 million tokens so far. The outlook underscores ongoing tension between funding public goods, incentives, and managing token supply. It matters because it directly influences circulating supply, market perception, and the effectiveness of revenue-sharing mechanisms designed to support the token.
  • World Chain, built on the OP Stack, will activate EIP-7928 block access lists on August 17 ahead of Ethereum mainnet. The upgrade enables parallel transaction verification during block building and targets up to one gigagas per second without raising hardware requirements. It positions World Chain as the first production L2 to implement this Flashblock-related technology. This development signals continued technical innovation across OP Stack chains and potential performance gains for the broader Superchain.
  • Since early 2026 governance approval, 50% of net Superchain sequencer revenue funds recurring OP token buybacks on the open market. Repurchased tokens are directed toward Retroactive Public Goods Funding to reward ecosystem builders. The mechanism creates a direct link between network usage across chains like OP Mainnet and World Chain and token demand. While the program is operational, recent analysis shows buybacks have been modest relative to new token releases.

24h change: +3.10%. From $0.0866 to $0.0893.

  • Optimism plans to unlock about 343 million OP tokens valued at roughly $29.6 million from May 2026 through April 2027. These releases target the ecosystem fund, initial contributors, and investors, raising circulating supply toward 2.5 billion tokens. The structured schedule aims to fund development and DeFi growth but raises questions about near-term selling pressure while the token trades near cycle lows.
  • World Chain recently deployed access lists as part of an OP Stack upgrade targeting higher transaction throughput. Optimism continues promoting its OP Enterprise offering for institutions to build customized chains with managed infrastructure. Official communications highlight ongoing technical discussions about the roadmap, including past upgrades like Karst and upcoming changes such as the Cobalt upgrade for native account abstraction.
  • Governance previously approved directing 50% of net Superchain sequencer revenue toward recurring monthly OP token buybacks. This mechanism aims to link token value more directly to ecosystem usage and revenue generation. It is frequently cited in recent analysis as a counterweight to token unlocks and a driver of sustainable demand for OP.

24h change: -0.90%. From $0.0872 to $0.0864.

  • The outlook for the period from May 2026 to April 2027 details allocations primarily from the ecosystem fund along with contributions from early contributors, investors and the governance fund. There are noted discrepancies between the summed allocations, the overall supply target and the foundation's circulating supply tracker. The governance-approved buyback program tied to Superchain revenue has repurchased approximately 9 million OP to date. These developments have drawn attention to token supply dynamics as the project shifts focus toward enterprise and ecosystem growth initiatives.
  • South Korea's Toss super-app, used by more than 30 million people for banking, payments and investing, signed an agreement to test a Korean won-backed stablecoin. The proof-of-concept leverages the OP Stack along with privacy tools from Sunnyside Labs for compliant transaction data handling. It represents the fourth regulated financial institution to adopt the OP Stack in a new market within the past year after projects in Europe, the United States and Japan. The partnership underscores growing institutional interest in the Superchain for traditional finance use cases.
  • OP reached lows near 0.082 dollars in early August 2026, levels not seen in two years, and continues to trade around 0.087 to 0.089 dollars. The year 5 outlook release coincides with this price action following an earlier decline after Coinbase's Base network shifted away from the OP Stack. Revenue from sequencer fees across the Superchain has been impacted by such changes and staff reductions. Community and analyst discussions focus on support levels, potential consolidations and on-chain foundation activity.

24h change: +1.00%. From $0.0874 to $0.0883.

  • The OP token hit a new all-time low of roughly $0.082 in early August 2026 and continues to trade near that level. This occurs after Base shifted away from the OP Stack in February 2026 and amid broader market conditions, even as a revenue-linked buyback program approved earlier in the year directs Superchain sequencer revenue toward OP purchases. The development matters because it tests the effectiveness of economic alignment mechanisms designed to support the token during periods of low activity or sentiment.
  • Optimism completed the Isthmus network upgrade on July 8, 2026. The hard fork brings Ethereum Pectra upgrade capabilities into the OP Stack, improving account abstraction, efficiency, and overall Superchain performance. This technical step matters for developers and users building on multiple OP Chains because it enhances security, reduces costs, and aligns the ecosystem more closely with Ethereum's roadmap.
  • Regulated financial institutions continue to build on the OP Stack, with db securities bringing Korean tokenized securities to Optimism and other adopters like Toss in South Korea. This extends earlier moves by Bitpanda, Kraken, and Mitsui across different markets. The trend matters because it expands real-world asset settlement on the Superchain, potentially increasing transaction volume and revenue that feeds into OP token buybacks.

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