Optimism logo

Where and How to Earn Optimism (OP)

Earn up to
0.1% APY

What you'll learn

  1. 1

    How to Earn Optimism (OP)

    An in-depth guide on how to earn Optimism (OP)

  2. 2

    Statistics about Optimism Earning

    We have a lot of data on earning Optimism (OP) and we share some of this with you.

  3. 3

    Other coins you can Earn

    We show you some earning options with other coins that could be of interest.

Introduction

Lending Optimism can be a great option for those who want to hold OP but earn yield. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

  1. 1. Obtain Optimism (OP) Tokens

    In order to lend Optimism, you need to have it. To obtain Optimism, you'll need to purchase it. You can choose from these popular exchanges.

  2. 2. Choose a Optimism Lender

    Once you have OP, you'll need to choose a Optimism lending platform to lend your tokens. You can see some options here.

    PlatformCoinInterest rate
    AaveOptimism (OP)Up to 0.07% APY
    BitgetOptimism (OP)Up to 1.2% APY
    CEX.ioOptimism (OP)Up to 1.5% APY
    See all 9 lending rates
  3. 3. Earn Optimism

    Once you've chosen a platform to earning your Optimism, transfer your Optimism into your wallet in the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

  4. 4. Earn Interest

    Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.

Latest Movements

Optimism (OP) is currently priced at $1.5 with a 24-hour trading volume of $337.53M. The market cap of Optimism stands at $2.39B, with 1.35B OP in circulation. For those looking to buy or trade Optimism, Aave offers avenues to do so securely and efficiently}

Market cap
$2.39B
24h volume
$337.53M
Circulating supply
1.35B OP
See latest information

Frequently Asked Questions About Lending Optimism (OP)

What are the current lending rates for Optimism (OP)?
As of now, there are a total of four lending rates available for Optimism (OP). However, the average rate is currently unspecified. The best lending rate can be found on CEX.io, although specific percentages have not been provided. It is essential to stay updated on these rates, as they can fluctuate, so consider checking Bitcompare regularly for the latest information and comparisons.

Optimism OP News

Top Pairs for Optimism

Find the Best Earning Platforms

Find the Best Earning Platforms