Optimism (OP) — price, funding and open interest
OP/USDT perpetual on Binance · OKX · Bybit · MEXC · KuCoin · BingX · Bitget · Hyperliquid · Coinbase · HTX · Gate · Upbit · Kraken · Coinbase Intl: price 0.1252, 24h turnover $150.7M. Updated in real time.
What this is
Layer-2 networkOptimism — the second major layer above Ethereum, working on the same principle of making operations cheaper.
OP unlocks
Full unlock calendar →Past unlocks: 87
Chart
Chart built from data of Bybit
What the data shows
OP trades at 0.1252. Over 365 days it ranged between 0.080610 and 0.7816; the price now sits in the lower third of that range — 7% of the way from the yearly low to the high.
All-time high is 4.8744 (March 2024); the price is 97% below it now.
24-hour turnover is $150.7M — the 100th percentile for the year: noticeably busier than usual.
Open positions in OP are worth $84.9M. Over the past hour open interest fell by 1.50%. That is the 95th percentile over three weeks: more positions are open than usual.
Volume over the last five minutes is 3.1x the usual for this instrument.
Over the day -1.19%, over the hour -1.54%, over the last five minutes -0.90% — the move has only just started.
Traded on 14 venues: Binance, OKX, Bybit, MEXC, KuCoin, BingX, Bitget, Hyperliquid, Coinbase, HTX, Gate, Upbit, Kraken, Coinbase Intl — the price is cross-checked across several sources.
The daily range is 8.2% and five-minute NATR is 0.80%. That range is in the 68th percentile for the year — an ordinary day for it.
Funding is +0.0100%: longs pay shorts, so positioning leans to buyers. For this coin that is an ordinary rate — the 56th percentile for the month.
OP correlation with Bitcoin over 24 hours is 0.17 — it goes its own way, barely looking at Bitcoin.
By turnover it ranks 87 of 2004 instruments in the screener.
By daily range it ranks 800 of 2004.
NATR is 0.43% on the minute and 2.18% on the hour — the move is even, without sharp excursions inside the hour.
Built from current numbers and the coin's own year of history. Updates with the data.
How OP behaved before
Tracked since June 2022 — 51 full month, and falling ones prevail: 36 of 51. Median month -8.4%.
In September the instrument rose 1 times out of 4, median -3.2%.
Best month — July 2022: +190.4%. Worst — June 2022: -65.3%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
Kairo- VolumeVolume spike ×3.1 against its own five-minute norm. OP traded $150.7M over 24h.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — layer-2 network. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.