Optimism (OP) Price
OP RANK #168The price of Optimism (OP) is calculated in real-time by aggregating the latest data across 95 exchanges and 175 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. OP is the token for the Optimism Collective that governs the Optimism L2 blockchain. The Optimism Collective is a large-scale experiment in digital democratic governance, built to drive rapid and sustainable growth of a decentralized ecosystem, and stewarded by the newly formed Optimism Foundation. OP governs upgrades to the protocol and network parameters, and creates an ongoing system of incentives for projects and users in the Optimism ecosystem. 5.4% of the total token supply will be distributed to projects on Optimism over the next six months via governance. If you're building something in the Ethereum ecosystem, you can consider applying for the grant. OP tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Optimism is OKX, where the most active trading pair OP/USDT has a trading volume of $819,045 in the last 24 hours. Other popular options include Gate and Binance.
