Analysis for Optimism
Description & usage
Optimism is an Ethereum layer-2 focused on low-cost smart-contract execution and a growing Superchain ecosystem. Projects can build on a shared technology stack and benefit from network-level scale effects. Its value proposition is standardized platform architecture with tight Ethereum alignment. Key drivers are on-chain activity, developer adoption, governance decisions, and sequencer economics.
Basic info
- Symbol
- OP
- Type
- Crypto
- Region
- Global
- Sector
- Layer 2
- Available history
- 3.8 years
- Last trading day
- 04/05/2026
Basic info
- Symbol
- OP
- Type
- Crypto
- Region
- Global
- Sector
- Layer 2
- Available history
- 3.8 years
- Last trading day
- 04/05/2026
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Score overview
The overall score combines Performance, Stability and Trend into one comparable value.
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Analysis summary
Technical asset picture
Optimism (OP) currently has a total score of 1 points, placing it in the very weak range. The score is made up of Performance (0), Stability (2) and Trend (2). All three sub-scores are currently below average.
Performance scores 0 points (very weak). Key metric: 1Y return at -84.3 %.
Stability scores 2 points (very weak). Least weak metric: return/volatility ratio at -0.80. Main drag: max drawdown (1Y) at -90.5 %. Higher Stability points are better and typically reflect calmer swings and smaller drawdowns-but prices can still fall.
Trend scores 2 points (very weak). Trend signals are mostly negative right now. Least weak signal: Price is about 12.1 % below SMA50. Main drag: Price is about 45.3 % below SMA100.
Overall, the picture is very weak: none of the three dimensions shows a clear strength.
Current market backdrop
The backdrop currently looks mixed and rather restrictive.
A strong US dollar currently paints a mixed risk picture.
High US real yields and elevated long yields lean toward a restrictive rate backdrop.
What that typically means here
For crypto assets, high real yields and a stronger US dollar typically lean headwind.
Note: DXY is used here as the latest available reading; ISM PMI was not used actively in the effect logic.
Historical evaluation and qualitative market context only, not investment advice.
Price chart
Use the chart to read recent price behavior before drilling into metrics.
Scores and metrics
Explore the overall score, the three pillar scores, and the metrics behind them.