Kraken banner


OP Logo

Optimism OP

BUY

$0.1150046

0.62 % (24h)

Marketcap

$245,702,969

Volume 24h

$61,360,728


Line Chart Icon Dominance Icon Gainers & Losers Icon


} } }

Description

Optimism (OP) is a "Layer 2" scaling solution for Ethereum that uses "Optimistic Rollups" to make transactions significantly faster and cheaper while maintaining Ethereum's security. It acts as a more efficient extension of the main network, allowing developers to deploy their dApps with minimal changes and a much better user experience. The OP token is the native governance asset of the "Optimism Collective," a bicameral system that decides how to allocate the protocol's revenue toward public goods. By rewarding creators and developers, Optimism aims to build a sustainable and collaborative future for the decentralized web.