Optimism

Optimism
OP
$0.1028
-$0.000316(-0.31%)Today
Market cap
221.92M
Total volume (24h)
40.54M
Volume / Market cap
0.1827
Circulating supply
2.16B
Day range (24h)
$0.1004$0.1052
All-time low
$0.0889
All-time high
$4.84

About Optimism (OP)

Optimism (OP) is a decentralized cryptocurrency. Today, June 20, 2026 03:34 UTC, OP is currently trading at $0.1 with a market cap of $221,923,733 and 24h volume of $40,538,299.

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 (June 20, 2026)$0.1028-0.31%
24 hours ago (June 19, 2026)$0.1031-0.31%
1 week ago (June 13, 2026)$0.1008+1.98%
1 month ago (May 21, 2026)$0.13-20.92%
1 year ago (June 20, 2025)$0.5694-81.94%

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OP market moves

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24h change: -6.38%. From $0.1074 to $0.1006.

  • Curve Finance deployed the Llamalend v2 upgrade first on the Optimism network in June 2026. The rollout is supported by a 250,000 OP token grant from the Optimism Foundation aimed at boosting liquidity. This integration expands DeFi capabilities on the chain and reflects active protocol development within the OP Stack ecosystem. It matters because it drives real usage and positions Optimism as a hub for advanced lending markets.
  • Market observers noted whale accumulation in OP with net CEX outflows exceeding $12 million in a recent week. Technical analysts highlighted bullish setups if key supports like $0.105 hold, with potential targets above $0.11. This accumulation trend appears alongside broader ecosystem grants and upgrades. It links token demand to ongoing developments in the Optimism network.
  • South Korea's Upbit exchange launched its GIWA Chain using the OP Stack with direct support from the Optimism Foundation. Ronin also migrated from a sidechain to an OP Stack layer 2. These moves expand the ecosystem beyond consumer DeFi into gaming and exchange infrastructure. Optimism provides technical support while chains manage their own sequencers in the self-managed model.

24h change: -0.19%. From $0.1077 to $0.1075.

  • OP Mainnet launched a pilot in late May 2026 allowing users who stake at least 100000 OP to gain priority in transaction ordering. The four-week experiment runs in two phases, beginning with a FIFO approach for qualified stakers and shifting to a model that weights stake size, duration, and gas fees with a cap on the boost. This represents the first change to the chain's transaction ordering rules away from pure gas auctions. The test aims to explore better incentive alignment and could shape future designs for network congestion management across layer 2 ecosystems.
  • Curve Finance launched Llamalend v2 first on Optimism around June 10 2026. The upgrade expands collateral options beyond crvUSD to include LP and PT tokens, adds soft liquidations, and introduces a dedicated risk curator. Optimism supported the deployment with a 250000 OP token grant to bootstrap liquidity. The move strengthens DeFi activity on the network and aligns with broader Superchain growth.
  • Governance-approved in early 2026, the program directs 50 percent of net Superchain sequencer revenue toward monthly purchases of OP tokens. The bought-back tokens support ecosystem initiatives such as retroactive public goods funding. This creates a direct link between network usage across OP Stack chains and the economic value of the OP token. Updates throughout 2026 continue to reference the mechanism as Superchain activity grows.

24h change: -0.17%. From $0.108 to $0.1079.

  • Curve Finance deployed Llamalend v2 on the Optimism network around June 10, 2026. The upgrade expands collateral options beyond crvUSD to include LP and PT tokens, introduces soft liquidations via the LLAMMA engine, and adds LlamaRisk as a dedicated risk curator. Optimism provided a 250,000 OP token grant to bootstrap liquidity. The deployment precedes a planned mainnet launch on Ethereum in the second half of 2026 and aims to scale DeFi activity across the Superchain.
  • Optimism governance approved a proposal to allocate 50 percent of net Superchain sequencer revenue to monthly OP token purchases. The 12-month pilot began after community vote and initially uses OTC swaps before transitioning to fully onchain buys within six months. The mechanism seeks to link OP token value more directly to network usage and revenue growth. Recent updates continue to reference the active program as adoption of OP Stack chains increases.
  • South Korea's Upbit exchange partnered with the Optimism Foundation to launch GIWA Chain, the first self-managed enterprise OP Stack deployment. Optimism provides technical support while Upbit runs its own sequencer. A new direct production support model for the OP Stack was announced on June 16, 2026. These steps expand the Superchain, increase transaction share, and reflect broader infrastructure consolidation around established Layer 2 toolkits.

24h change: -1.43%. From $0.1304 to $0.1285.

  • Smaller rollup projects are shutting down or migrating to established infrastructure like the OP Stack. Ronin is transitioning from its sidechain to an OP Stack-based layer 2 following its past hack. South Korea's Upbit exchange launched the GIWA Chain with Optimism Foundation support. These moves increase the Superchain's share of transactions and fees in a market now dominated by a few major players.
  • Governance-approved in January 2026, the program directs 50% of net Superchain sequencer revenue to monthly OP token purchases for a 12-month pilot. Bought tokens go to the Collective treasury for governance decisions on burning, rewards or incentives. This directly ties OP token demand to network activity and usage growth across the Superchain.
  • Metal Pay on a Superchain-aligned L2 rolled out passkeys for improved authentication and user experience. Optimism was highlighted in altcoin reports for community strength during layer-2 recovery. Recent blog posts discuss OP Mainnet's growing role in onchain finance. These steps focus on usability and adoption without major protocol changes.

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