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Optimism (OP) Price

Source mode: Binance public market data

Reference price

$0.1101

−2.05% in 24h

Market capitalization

$2.05B

24h trading volume

$2.47M

24h range

L $0.1088H $0.1167

24h price trend

Hourly closes over the last 24 hours

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About this asset

What is Optimism?

Optimism is the collective building the OP Stack and Superchain network of interoperable Ethereum layer-2 chains.

As of 5 November 2026 at 12:01 UTC, Optimism (OP) was priced at $0.1101, down 2.05% over 24 hours, according to Binance public market data. Prices differ between exchanges; confirm on your chosen venue.

Category
Layer 2
Symbol
OP
Market Focus
Spot & Perpetual Futures
Settlement
USDT Pair

Overview & Institutional Context

Superchain revenue share models stimulate long-term spot lockup with moderate perpetual basis variations.

Market participants track OP liquidity across spot order books and perpetual futures derivatives to monitor funding rate basis and open interest trends.

Frequently asked questions

What is Optimism (OP) used for?

Optimism is the collective building the OP Stack and Superchain network of interoperable Ethereum layer-2 chains.

How is OP taxed in India?

Under Section 115BBH of the Indian Income Tax Act, gains from OP trading are taxed at a flat 30% rate with no deduction for expenses other than acquisition cost. Under Section 194S, a 1% TDS applies to transfer considerations exceeding statutory thresholds.

Key terms for analysing Optimism