Not financial advice. This is history and education only. We make no buy or sell recommendations and no price predictions.
OPOptimism: history, founders and key events
From May 31, 2022 to today, every major rally, crash and upgrade, each with a dated, sourced price.
Open the interactive timeline4dated events
3years covered
1597daily closes charted
4source links
Latest close in our data: $0.1428 (Coinbase Exchange OP/USD daily close, 2026-10-14).
LaunchedMay 31, 2022
Consensus or platformOptimistic rollup on Ethereum (OP Stack)
Circulating supply2.30 billion (CoinGecko, Oct 14, 2026)
Max supply4.29 billion (CoinGecko)
Origin story
Optimism is an Ethereum layer 2 network built by OP Labs and governed by the Optimism Collective. Its open source OP Stack also powers other chains, including Coinbase's Base.
The OP token launched with an airdrop on May 31, 2022.
Founders: Jinglan Wang, Karl Floersch, Kevin Ho and Ben Jones.
launchrallycrashupgradelegalforkoutagemilestone
Source: Coinbase Exchange OP/USD daily closes 2022-06-01 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.
Browse by year
Key events
- May 31, 2022launch
OP airdrop
Optimism launches the OP governance token. - Jun 1, 2022milestone
First daily close in our data $1.24 (Coinbase Exchange OP/USD daily close, 2022-06-01)
Our sourced OP price history begins on this day. - Mar 9, 2024rally
Highest close in our data $4.71 (Coinbase Exchange OP/USD daily close, 2024-03-09)
The highest daily close for OP in our price history. - Aug 18, 2026crash
Lowest close after the peak $0.08199 (Coinbase Exchange OP/USD daily close, 2026-08-18)
The lowest OP close in our data after its highest close.
Updated
Sources
Facts written in our own words. Last checked Oct 14, 2026.