OPTIMISM

A low-cost and lightning-fast Ethereum L2 blockchain

Main Links >

Overview

Optimism is a layer 2 scaling solution for the Ethereum blockchain that aims to increase transaction throughput while reducing fees and latency. It uses optimistic rollups, a technique that allows off-chain processing of transactions before verifying them on the main chain, to achieve this goal. 
Optimism also supports the Ethereum Virtual Machine (EVM), making it compatible with existing Ethereum smart contracts and tools. This enables developers to easily migrate their dApps to Optimism with minimal changes to their code. Overall, Optimism aims to improve the scalability and usability of Ethereum, making it more accessible to a wider range of users and use cases.
  Related
The OP token is used to pay for transaction fees and to participate in governance decisions on the network. OPT holders can stake their tokens to become validators and earn rewards for validating transactions on the network. In addition, OPT can be used as collateral in decentralized finance (DeFi) applications and traded on cryptocurrency exchanges.
Current Price:$2.89
Market Cap:$3,018,639,243 (#46)
Volume (24h):$238,779,970
Circulating Supply:1,045,379,867
Total Supply:4,294,967,296
All-Time High:$4.84 (3/6/2024)
Last Update:May 05, 2024 11:45:14
More Info:CoinGecko

Events

Project Rating

We take the following into consideration when forming our opinion: White Paper, Team, Partners, Marketing, Use Case, Tokenomics, Market Size, Competitors, Roadmap, Technology, Progress to Date, Advisors and Board Members. Our rating is not intended to endorse or promote an investment in any specific cryptocurrency.

(3.5 out of 5)

Word Cloud

A word cloud is a visual representation of text data, which is often used to visualize free form text. Tags are usually single words, and the importance of each tag is shown with font size or color.

Promoted

Blog

Explore the most recent news and updates on our blog. Find out about recent partnerships, updated roadmaps, staking and liquidity mining opportunities, upgrades, new team members and more.

Feeds To Follow

Check out the feeds of some popular team members, supporters, followers, etc. of the Optimism project.

Project Videos

Check out some notable videos from Optimism's channel, including the Latest Video, Spotlight Video and an Intro Video if applicable.

News & Updates

Check out the latest News from top sources and Updates from the team to keep up to date on the project.

Influencer/Misc Videos

Don't miss the top videos from knowledgeable crypto influencers who produce content about the Optimism project.

Blockchain Friends

Below are some of the larger blockchain-related friends of the Optimism project. This can include partners, forks, collaborations, and otherwise related projects.

Polygon Project
Polygon
Polygon is a decentralised Ethereum scaling platform
Icon
Avalanche Project
Avalanche
Open, programmable smart contracts platform for decentralized apps
Icon
Ethereum Project
Ethereum
Home to digital money, global payments, and applications
Icon

Stock Photos

We've partnered with SnappyStock to provide stock photos related to the project. These are free to use for any Blog article, or other promotional material.