Optimism (OP)
$0.1143+0.70%24h
Optimism (OP) is a Layer 2 crypto asset, ranked #112 by market capitalization on CoinMarketCap with a market cap of $259M. About $67.3M traded in the 24 hours to Nov 1, 2026 across 801 market pairs.
It is a constituent of the C100 index with a target weight of 0.07% (#89 by weight), and is also held in C100-EW, C100-exBTC. It first entered the C100 on Jan 2, 2023.
Since Jun 1, 2022, its price has changed −92%.
OP price
- 24h
- +0.70%
- 7d
- +0.78%
- 30d
- −10.72%
- YTD
- −57.31%
- 1Y
- −71.35%
- Since Jun 2022
- −92.08%
Latest price as of Nov 1, 2026, 15:22 UTC.
Market data
- Market cap
- $259M
- As of Nov 1, 2026
- 24h volume
- $67.3M
- CoinMarketCap rank
- #112
- Market pairs
- 801
- High since 2020
- $4.70
- Mar 10, 2024
- From that high
- −97.6%
- Volatility, 1 year (annualized)
- 97%
- Max drawdown since 2020
- −98%
- Correlation with BTC, 1 year
- 0.58
- Price data since
- Jun 1, 2022
- Listed on CoinMarketCap
- May 31, 2022
Daily values at 00:00 UTC from CoinMarketCap. Statistics use daily closes; drawdown since January 2020 or the first available price.
Index membership
- C100
- 0.07%
- C25
- Not held
- C100-EW
- 1.00%
- C100-exBTC
- 0.07%
Target weight at the latest index event; live weights drift with prices.
Optimism has spent 1,399 days in the C100, and is currently #89 of 100 by weight.
- Jan 2, 2023 – present
Weight history
- C100
- C25
Weight at each index event (table)
| Date | C100 | C25 |
|---|---|---|
| Oct 5, 2026 | 0.07% | — |
| Sep 7, 2026 | 0.06% | — |
| Aug 3, 2026 | 0.07% | — |
| Jul 6, 2026 | 0.08% | — |
| Jun 1, 2026 | 0.08% | — |
| May 4, 2026 | 0.09% | — |
| Apr 6, 2026 | 0.08% | — |
| Mar 2, 2026 | 0.09% | — |
| Feb 2, 2026 | 0.13% | — |
| Jan 5, 2026 | 0.14% | — |
| Dec 1, 2025 | 0.14% | — |
| Nov 3, 2025 | 0.14% | — |
| Oct 6, 2025 | 0.18% | — |
| Sep 1, 2025 | 0.19% | — |
| Aug 4, 2025 | 0.19% | — |
| Jul 7, 2025 | 0.18% | — |
| Jun 2, 2025 | 0.21% | — |
| May 5, 2025 | 0.22% | — |
| Apr 7, 2025 | 0.25% | — |
| Mar 3, 2025 | 0.32% | — |
| Feb 3, 2025 | 0.27% | — |
| Jan 13, 2025 | 0.31% | |
| Jan 6, 2025 | 0.33% | — |
| Dec 2, 2024 | 0.42% | — |
| Nov 4, 2024 | 0.38% | — |
| Oct 7, 2024 | 0.45% | — |
| Sep 4, 2024 | 0.42% | — |
| Sep 2, 2024 | 0.42% | — |
| Aug 5, 2024 | 0.41% | — |
| Jul 1, 2024 | 0.38% | — |
| Jun 3, 2024 | 0.42% | — |
| May 6, 2024 | 0.48% | — |
| Apr 1, 2024 | 0.47% | — |
| Mar 4, 2024 | 0.59% | 1.33% |
| Feb 5, 2024 | 0.68% | 1.39% |
| Jan 1, 2024 | 0.72% | 1.47% |
| Dec 4, 2023 | 0.48% | — |
| Nov 6, 2023 | 0.47% | — |
| Oct 2, 2023 | 0.43% | — |
| Sep 4, 2023 | 0.44% | — |
| Aug 7, 2023 | 0.44% | — |
| Jul 3, 2023 | 0.31% | — |
| Jun 5, 2023 | 0.33% | — |
| May 1, 2023 | 0.22% | — |
| Apr 3, 2023 | 0.22% | — |
| Mar 6, 2023 | 0.25% | — |
| Feb 6, 2023 | 0.21% | — |
| Jan 2, 2023 | 0.10% | — |
Eligibility check
It ranks #89 among eligible assets. As a constituent it stays while it ranks in the top 120. The next reconstitution is on Jan 4, 2027.
| Rule | OP | Result |
|---|---|---|
| Not an excluded token type | Eligible type | Pass |
| Top 150 after exclusions | #97 | Pass |
| At least 90 days of history | 1,615 days | Pass |
| 30-day median volume of at least $5.00M | $85.1M | Pass |
| At least 10 market pairs | 801 | Pass |
Indicative, on data for Nov 1, 2026. The official check runs at each reconstitution; see the methodology.
Additions and removals
| Date | Index | Change | Event |
|---|---|---|---|
| Apr 1, 2024 | C25 | Removed | Reconstitution |
| Jan 1, 2024 | C25 | Added | Reconstitution |
| Jan 2, 2023 | C100-exBTC | Added | Reconstitution |
| Jan 2, 2023 | C100-EW | Added | Reconstitution |
| Jan 2, 2023 | C100 | Added | Reconstitution |
Full details on the rebalances page.
Related C100 constituents
Optimism and the C100: questions
Is Optimism in the C100 crypto index?
Yes. Optimism is a C100 constituent with a target weight of 0.07% at the latest index event.
When was Optimism added to the C100?
Optimism first entered the C100 on Jan 2, 2023.
Could Optimism be added or removed at the next reconstitution?
The next reconstitution is on Jan 4, 2027. It ranks #89 among eligible assets. As a constituent it stays while it ranks in the top 120.
Why is Optimism's weight 0.07%?
C100 weights follow market capitalization, with every asset other than Bitcoin and Ethereum capped at 10%, and assets above 4.5% limited to 48% in total. Weights reset on the first Monday of each month. Optimism's highest C100 weight was 0.72%, on Jan 1, 2024.
What is Optimism's highest price since 2020?
Optimism's highest daily close since January 2020 was $4.70, on Mar 10, 2024. The latest price is −97.6% from that level.
How many times has Optimism been added to or removed from C100 indexes?
4 additions and 1 removal across the C100 family since 2020, most recently removed from C25 on Apr 1, 2024.