Optimism Investment Calculator
What would buying OP have been worth? Pick a plan and a start date and this replays it against real daily Optimism closes.
What OP actually did, in the data this page replays
Measured from the 1,566 daily closes this page replays — 1 June 2022 to 13 September 2026, from Binance. Figures are bounded by that window, not by the asset’s whole life.
| History available | 4 years and 3 months (from Binance) |
|---|---|
| Bought on the first day, held to the last | 0.077× — a loss of 92.3% |
| Highest close in this window | $4.7 on 9 March 2024 |
| Where it sits against that high | 98% below |
| Deepest fall | −98.3%, 9 March 2024 → 18 August 2026 |
| Time to get back to that peak | still below it |
| Separate falls of 50% or more | 4 |
| Days spent more than 20% below a previous peak | 90.4% |
| Best calendar year | 2023: +301.1% |
| Worst calendar year | 2025: -85.3% |
| Annualised volatility | 117.3% |
OP year by year
First close to last close each year. 2022 and 2026 are partial — the data starts mid-2022 and 2026 is still running.
| Year | Change | Note |
|---|---|---|
| 2022 | -25.6% | partial year |
| 2023 | +301.1% | best full year |
| 2024 | -56.1% | |
| 2025 | -85.3% | worst full year |
| 2026 | -68% | partial year |
The part the calculator does not show you
Held from the first day in this data to the last, OP returned 0.077× — a loss of 92.3%. Long holding periods are usually presented as the thing that rescues a volatile asset, and over this particular window for this particular coin, they did not. It is worth setting the calculator above to the full range and seeing that result written out before assuming time fixes an entry.
The deepest fall took OP down 98.3%, from $4.7 on 9 March 2024 to $0.0821 on 18 August 2026 — 2 years and 5 months of falling. OP has not been back to that peak since. Anyone who bought on 9 March 2024 is still waiting, 22 months later — which is the scenario a backtest showing a positive average return quietly averages away.
117.3% annualised volatility is ordinary for a major crypto asset and still several times a stock index. All OP calculators →
Frequently asked questions
＋Would buying OP on the first day of this data and holding have made money?
No. Held across the whole window the position ended at 0.077× — a loss of 92.3%. That is worth stating plainly because "hold long enough and it recovers" is the usual advice, and over the 4 years and 3 months we hold for OP it did not happen.
＋What is the worst OP has fallen?
98.3% in this data, from 9 March 2024 down to 18 August 2026 — 2 years and 5 months of falling. It has not returned to that peak since, so anyone who bought at the top is still waiting. Bear in mind our OP series starts in 2022; a deeper fall before that date would not appear here.
＋How often does OP lose half its value?
4 separate falls of 50% or more appear in this data, and the position spent 90.4% of all days more than 20% below a previous peak. A drop of that size is not an exceptional event for this asset — it is a recurring feature of the record, which is the thing to size a position around.
＋What were OP's best and worst years?
2023 was the best at +301.1%, and 2025 the worst at -85.3%. The gap between those two is the reason a single average annual return is a poor description of this asset: almost nobody experiences the average, they experience one of the two extremes depending on when they bought.
＋Is 4 years and 3 months of data enough to trust this backtest?
Partly. 4 years and 3 months covers real bull and bear conditions for OP but not a full cycle end to end, so the extremes above are better guides than the average. Coins on this site with longer records give more meaningful answers.
What to keep in mind for OP
OP competes directly with ARB for the same narrative, and the two tend to move together — often on the same rollup news.
Fees are a few cents and move with Ethereum's data costs; chains built on the OP Stack share the same economics.
A backtest is one path that already happened. It shows what this plan produced through the exact sequence of prices OP went through — not what a similar plan will produce through a sequence nobody has seen yet.