What is OP Optimism token market cap and 24-hour trading volume

OP Token Market Cap Reaches $580.12M, Ranking 83rd by Market Capitalization

The OP token market capitalization reflects Optimism's established position within the Layer 2 scaling solution space. With a circulating market cap of approximately $514.79 million and a fully diluted valuation reaching $1.137 billion, OP maintains substantial liquidity and institutional interest. The distinction between these valuations highlights that the token's 24-hour trading volume of $2.4 million demonstrates consistent market activity, essential for price discovery and efficient transactions across decentralized exchanges and trading platforms including gate.

Market capitalization serves as a critical metric for assessing the OP token's value relative to other blockchain projects. The token's current ranking reflects its competitive standing among numerous alternatives in the cryptocurrency ecosystem. Notably, OP experienced an 8.8% decline over 24 hours, indicating recent market volatility typical during broader cryptocurrency fluctuations. The token currently trades at $0.2648, significantly below its all-time high of $4.84, suggesting potential recovery opportunities for long-term believers in Optimism's Layer 2 infrastructure expansion and its governance protocol development.

24-Hour Trading Volume and Price Volatility: $238.49M Volume with $0.2947-$0.3166 Price Range

The $238.49 million in 24-hour trading volume represents substantial market participation in Optimism trading activity. This level of volume indicates healthy liquidity across exchanges, enabling traders to execute positions without experiencing severe slippage. When combined with the price volatility spanning from $0.2947 to $0.3166, the data reveals an active trading environment characterized by dynamic price discovery.

Price volatility of approximately 6.4 percent across the daily range demonstrates moderate intraday fluctuations typical of mid-cap cryptocurrency assets. The trading volume relative to Optimism's market capitalization suggests that a meaningful portion of circulating OP tokens changes hands daily, reflecting genuine investor interest rather than stagnant holdings. This combination of robust 24-hour trading volume and quantifiable price movement establishes Optimism as a moderately liquid asset on supported exchanges like gate.

Traders monitoring these metrics find value in understanding that elevated trading volume often corresponds with increased price volatility. The $238.49 million daily volume provides sufficient depth for both institutional and retail participants to establish positions. Investors evaluating Optimism's market dynamics should consider how this trading volume correlates with network adoption and developer activity on the Optimism ecosystem itself.

Circulating Supply of 1.94B OP Tokens and Liquidity Distribution Across Major Exchanges

With a circulating supply of 1.94 billion OP tokens, Optimism maintains a lean token distribution that supports its market dynamics and trading mechanisms. The current market capitalization of approximately $514 million USD is directly derived from multiplying this circulating supply by OP's trading price. This substantial circulating supply represents about 45% of the total supply cap of 4.29 billion tokens, indicating significant room for future token distribution through governance initiatives and ecosystem development.

The liquidity distribution of OP across major exchanges demonstrates robust market accessibility. Leading platforms including Binance, gate, Kraken, and Bybit host substantial OP trading pairs and maintain significant on-chain reserves. These major exchanges collectively facilitate the $110+ million USD in daily trading volume, with Binance maintaining the largest exchange reserves. The 24-hour trading volume of $2.4+ million USD reflects active price discovery mechanisms across multiple trading venues. This multi-exchange liquidity structure ensures that traders and institutional participants can execute large OP token orders with reasonable market depth, while the distributed reserves prevent excessive concentration risk on any single platform.

FAQ

OP Optimism代币的当前市场市值是多少？

OP Optimism的当前市场市值为585.17百万美元。该数值会根据市场实时变动，建议查看最新数据获取准确信息。

OP代币24小时交易量是多少？

OP代币24小时交易额约为76.26百万美元。交易额会根据市场活动实时波动，建议查看最新数据以获取准确信息。

What is Optimism project and what is the use of OP token?

Optimism is a Layer 2 blockchain solution that scales Ethereum. OP token serves as the governance token, enabling holders to participate in protocol decisions and shape the ecosystem's future development direction.

What are the current price and historical high price of OP token?

OP's current price is $4.85, with an all-time high of $4.85. The token has declined 93.16% from its historical peak, reflecting market volatility in the layer-2 ecosystem.

How to buy and trade OP tokens?

Purchase OP tokens on supported exchanges by funding your account with fiat or crypto. Search for OP, then trade using USDC or other available assets. Ensure your exchange supports OP trading pairs for seamless transactions.

What is the difference between Optimism and other Layer 2 solutions such as Arbitrum?

Optimism uses Solidity exclusively, while Arbitrum supports all EVM languages for greater developer flexibility. Both reduce Ethereum congestion and costs as Layer 2 solutions. Arbitrum offers broader compatibility and ecosystem options.

OP代币的流通量和总供应量各是多少？

OP token circulating supply is 1.944 billion, while total supply and maximum supply are both 4.295 billion.

Optimism生态中有哪些主要应用和项目？

Optimism生态已部署84个应用，主要包括DeFi项目（31个）、NFT平台（11个）、跨链桥（13个）和钱包等，覆盖了Web3的主要赛道。