Optimism Price

Coin Prices

OHM

$20.04

0.21%

Price data by

DecryptCoinsOptimism

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Optimism

$1.70

-2.341%

Optimism Ecosystem

Layer 2 (L2)

Paradigm Portfolio

Andreessen Horowitz (a16z) Portfolio

24-Hour Range

$1.61

$1.80

Low

High

Market Cap (Mcap)

Rank

#58

Mcap

$2.13B

Fully Diluted Mcap

$7.29B

Supply

Circulating

1,255,070,491

Total

4,294,967,296

Created On

N/A

All Time High (ATH)

ATH

$4.84

ATH Change

-64.91%

ATH Date

Mar 6th, 2024

Total Value Locked (TVL)

TVL

N/A

MCap to TVL Ratio

N/A

FDV to TVL Ratio

N/A

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Learn about Optimism

What Is ‘Eve Frontier’? CCP's Space Survival Game on Ethereum

CCP has lifted the lid on its massive Eve space survival game that is built on the blockchain. Here’s what you need to know.

Farcaster Explained: The Blockchain-Powered Decentralized Social Media Protocol

Farcaster leverages blockchain technology to provide a framework on which multiple social media apps can be built.

Optimism News

Sep 15, 2024

Gaming

What Is ‘Eve Frontier’? CCP's Space Survival Game on Ethereum

Legendary game developer CCP Games this week lifted the lid on Eve Frontier, a space survival game set in the Eve Online universe that features blockchain integration. Initially referred to as Project Awakening, Eve Frontier appears to have a lot of similarities to the massive Eve Online game, but with more of a survival focus—and the ability to use crypto tokens and blockchain code to impact and reshape the game in new ways. Details are still a little thin on the ground, but with such a presti...

by Mike Stubbs · 6 min read

Sep 12, 2024

Gaming

‘Eve Frontier’ Survival Game Is Being Built on Ethereum, CCP Reveals

Eve Online creator CCP Games announced Thursday that its upcoming survival-centric blockchain game, previously referred to as Project Awakening, will launch as Eve Frontier instead—and that it’s being built within the Ethereum ecosystem. Eve Frontier, as it has been rebranded, is an on-chain space simulation game that players will be able to mold and expand as they see fit—and they must collaborate or face certain doom, CCP Games founder and CEO Hilmar Veigar Pétursson told Decrypt’s GG earlier...

by Andrew Hayward · 3 min read

Aug 23, 2024

Technology

Sony’s Long-Awaited Ethereum Layer-2 Chain to Launch in Coming Weeks

Sony Group has finally pulled back the curtain on Soneium, an Ethereum layer-2 blockchain developed in partnership with Web3 infrastructure provider Startale. Driven by a joint venture between Sony and Startale—known as Sony Block Solutions Labs—Soneium marks the company's initial steps towards developing a fully realized blockchain. The network, planned for launch in the coming weeks, will initially operate on a testnet in collaboration with Astar Network, a blockchain platform known for its mu...

by Sebastian Sinclair · 4 min read

May 21, 2024

Markets

Ethereum Soars 20%, Lifting Arbitrum and Optimism

Rumors of a potential approval of Ethereum spot ETFs have fueled a full day of gains for the Ethereum ecosystem, with the price of ETH skyrocketing 20% intraday to just shy of $3,700—trading at $3,687 at time of writing—and sister tokens Arbitrum (ARB) and Optimism (OP) both notching gains of 18% on Monday. The optimistic mood had already spread to other cryptocurrencies, including Solana (SOL) and Avalanche (AVAX), which are peaking above $40 and $188 respectively, as of this writing, represent...

by Ryan Ozawa · 3 min read

May 1, 2024

Gaming

Redstone Network Launches to Power Fully On-Chain Ethereum Games

Redstone, a new Ethereum scaling network designed for fully on-chain games and “autonomous worlds,” launched its mainnet today—with a number of early games already available for play. Developed by Ethereum startup Lattice, Redstone was built via Optimism’s OP Stack scaling tech. But it’s much more than a rebranded riff on the layer-2 tech that also powers networks like Base and Zora—Redstone has been significantly retooled for the needs and demands of video games, particularly those that use blo...

by Andrew Hayward · 6 min read

Apr 26, 2024

DeFi

Ethereum Allies: Arbitrum Team Helps Optimism Avoid ‘High Risk’ Vulnerability

The on-chain competition is always watching, but sometimes it will be compelled to help. Offchain Labs, the core team behind the Ethereum layer-2 scaling network Arbitrum, recently uncovered several security issues in a testnet version of Optimism, a separate Ethereum layer-2 scaling network created by OP Labs. After fixes were implemented, the issues were detailed Friday in a blog post published by Offchain Labs co-founder Ed Felton. As the potential vulnerability was found in Optimism’s system...

by André Beganski · 3 min read

Mar 20, 2024

Technology

How Much Has the Ethereum Dencun Upgrade Cut Layer-2 Gas Fees?

Heralded by Ethereum developers as the technical milestone they’d been “dreaming of,” last week’s Dencun upgrade was supposed to forever alter the Ethereum ecosystem—by making transactions on its layer-2 networks exponentially cheaper and thus more accessible. One week later, how do things stand? On the whole, Dencun has delivered exactly as promised. Across layer-2 networks that have already integrated the software update, gas fees have plummeted to unprecedented lows, in most cases by over 9...

by Sander Lutz · 4 min read

Mar 13, 2024

Markets

Ethereum L2s Arbitrum, Optimism and Polygon See Gains Ahead of Dencun Upgrade

Just hours to go until the Dencun upgrade goes live on Ethereum mainnet, the tokens of layer-2 scaling solutions like Arbitrum, Optimism, and Polygon have all seen hefty gains. Arbitrum is the only one to have seen double-digital gains as the Ethereum community counts down the minutes to Dencun. Its ARB token has risen 11% in the past day and 7.5% compared to this time last week. ARB rose as high as $2.25 early Wednesday morning, but has since settled to $2.20 at the time of writing. Arbitrum is...

by Stacy Elliott · 3 min read

Feb 7, 2024

Technology

What's Next for Farcaster? Frames Are Just the Start, Says Co-Founder

It’s been a wild 10 days for decentralized social media startup Farcaster, which catapulted from relative obscurity to crypto industry darling last week after debuting a novel feature for independent developers. Overnight, activity on the network increased exponentially, dramatically broadening its reach. That growth caught many in the industry by surprise—including Farcaster’s leadership. (Video by Rug Radio Creator Benjamin White.) “We thought it was going to be popular,” Farcaster co-found...

by Sander Lutz · 4 min read

Feb 6, 2024

The Projects

Farcaster Explained: The Blockchain-Powered Decentralized Social Media Protocol

Farcaster is a decentralized social media protocol built with a focus on interoperability, user autonomy, and privacy. Leveraging blockchain technology, it aims to solve the prevalent issues of censorship, privacy breaches, and centralization that plague traditional social media platforms. But what sets Farcaster apart in the crowded space of decentralized applications (dapps)? (Video by Rug Radio Creator Benjamin White.) Technical underpinnings Blockchain Basis: At its core, Farcaster runs on...

by Ilan Hazan, Benjamin White · 4 min read

Feb 5, 2024

Technology

What Is Farcaster and Why Is Crypto So Excited About the Twitter Alternative?

In the last two years—particularly, since Elon Musk’s divisive purchase and overhaul of Twitter in late 2022—a number of upstart decentralized social media protocols have attempted to harness the transparent, uncensorable power of blockchain networks to improve the online social experience. Farcaster is the latest such project to do so. Now, it’s making waves after releasing a key update that has attracted thousands of new users in a matter of days. Here's why Crypto Twitter is so optimistic abo...

by Sander Lutz · 5 min read

Nov 13, 2023

Business

Former Polygon Labs President Ryan Wyatt Joins Ethereum Layer-2 Optimism

Four months after departing Polygon Labs, Ryan Wyatt is joining the team supporting a totally different Ethereum scaling network: Optimism. On Monday, the former Polygon Labs president was announced as the Chief Growth Officer for Optimism Unlimited, a newly created subsidiary of the Optimism Foundation. Wyatt will build a team to support adoption and development on Optimism across a variety of functions, including business development, marketing, partnerships, and beyond. Ahead of the announcem...

by Andrew Hayward · 4 min read

Sep 12, 2023

Markets

Optimism Flips Arbitrum Market Cap Amid Crypto Market Downturn

Monday’s carnage in the crypto market on Monday caused the market cap of Arbitrum to slip below that of rival project Optimism. Arbitrum’s governance token ARB dropped to a new all-time low of $0.745, according to data from CoinGecko, while Optimism’s OP token gained 6.8% in the past 24 hours to trade at $1.33. Currently, ARB has recovered some of its losses and is trading at $0.782, at par with yesterday’s price. The flipping of the two projects’ market caps occurred due to considerable liquida...

by Nivesh Rustgi · 2 min read

Aug 18, 2023

DeFi

Another Crypto Bridge Collapses as DeFi Lender on Optimism Suffers $7 Million Attack

Continuing the trend, another decentralized finance (DeFi) protocol bridge has been hacked, according to the project and various security firms. Exactly, a credit market on the Optimism network, said early Friday that it was “actively investigating a security issue within our protocol.” It added that the protocol was temporarily paused, but users could still withdraw assets. Security firm PeckShield said on Twitter that it had “detected an ongoing attack.” Furthermore, blockchain security firm...

by Mat Di Salvo · 3 min read

Aug 11, 2023

Technology

Ethereum DeFi Dashboard DeBank Launches Layer-2 on Optimism’s OP Stack

DeFi blockchain explorer platform DeBank has announced DeBank Chain, a new layer-2 blockchain built on Optimism’s OP Stack. Billed as an “asset later for social,” DeBank Chain is built as an optimistic rollup which claims to have reduced the “L1 data storage gas cost by 100 to 400 times.” The OP Stack is a blockchain development standard by Optimism team on which new layer-2 blockchains can be built. DeBank, a DeFi portfolio visualisation and blockchain explorer platform for Ethereum and other E...

by Nivesh Rustgi · 2 min read

Jun 13, 2023

NFTs

You Can Mint This Ridiculous Song About Vitalik Buterin as a Free NFT

The crypto community has, historically, adorned certain male founders with reputations so epic they verge on myth—from Zeus-like Bitcoin founder Satoshi Nakamoto, to hero-turned-villain Sam Bankman-Fried, and his once-friend and now nemesis, the ever-mysterious Binance CEO Changpeng Zhao. Still, none of them have yet been equated, in a rousing Eurodisco dance track, to the Empire-ending, mythically well-endowed Russian mystic and holy man Rasputin. That changed this week with “V Buterin,” a sing...

by Sander Lutz · 3 min read

Apr 1, 2023

DeFi

An Arbitrum Airdrop and Two zkEVM Launches: Welcome to Rollup Season

Decrypting DeFi is Decrypt's DeFi email newsletter. (art: Grant Kempster) A layer-2 airdrop and two mainnet launches has the market clamoring for more scaling action. On March 23, Arbitrum finally distributed its highly-anticipated ARB token, decentralizing its inventory into the hands of its most dedicated users. The hype was so fierce, though, that it took down the project’s main website as well as that of Arbiscan—Arbitrum’s Etherscan equivalent—because eligible wallets could claim their aird...

by Liam J. Kelly · 4 min read

Mar 20, 2023

Coins

Arbitrum’s Airdrop Is Just Around the Corner—How Much Will ARB Be Worth?

There’s a new layer-2 token in town. Arbitrum recently announced the launch and airdrop of its native governance token called ARB. The token has yet to be distributed, with the developer team indicating ARB will hit eligible wallets on March 23. That’s left plenty of time for armchair token valuations as the Crypto Twitterati mulls how much those new tokens could be worth. According to some analysts, Optimism's OP token is a good starting place for estimating ARB token valuations. The layer-2 ne...

by Nivesh Rustgi · 4 min read

Jun 10, 2022

Technology

Optimism Hacker Returns 17 Million Tokens After Airdrop Blunder

The Optimism airdrop has been a comedy of errors, but it now has a somewhat happy ending. The hacker who stole 20 million Optimism (OP) tokens last week has returned 17 million of them. The tokens were meant to be used as governance for the company's new DAO, the Optimism Collective DAO. A DAO, or decentralized autonomous organization, grants voting privileges to people who hold its governance token. Etherscan data shows the OP was sent back in 17 separate 1-million token transactions starting a...

by Stacy Elliott · 3 min read

Jun 9, 2022

Business

Ethereum Layer-2 Solution Optimism Loses 20 Million Tokens in Interlayer Snafu

Optimism may have a good reason to be pessimistic. The company behind the Ethereum scaling protocol announced today that in preparing to launch a native OP token for the Optimism Collective DAO, it accidentally sent 20 million tokens to the wrong blockchain address. The error resulted in the theft of all 20 million OP tokens by a hacker. DAOs, or decentralized autonomous organizations, are blockchain-based collectives that vote on decisions, often via a native token. Optimism created OP as the g...

by Sander Lutz · 4 min read