TCT
Live
Loading prices…
Optimism (OP) logo
Optimism · OP

Optimism Average Buy Price Calculator

Work out your weighted average Optimism (OP) entry price across multiple buys — and see exactly where your break-even sits.

Inputs

Result

Enter values to see the result.

Using the Optimism Average Buy Price Calculator

If you bought OP more than once, your break-even is not the midpoint of the two prices — it is the weighted average, where the larger buy pulls the average toward its own price. This calculator does that weighting for you across two entries, which is the case that trips people up most often when they average down.

The weighted average is also your cost basis for tax in most jurisdictions, though the accepted method differs by country — some require FIFO, others mandate an average-cost approach. Our region-by-region crypto tax guides cover which method applies where before you rely on this figure for a return.

OP competes directly with ARB for the same narrative, and the two tend to move together — often on the same rollup news. That is the practical argument for knowing your true average: it tells you the exact OP price at which the position stops being a loss, which is a much more useful anchor during a drawdown than the price of your first buy.

Optimism at a glance

Launched
Chain and OP token 2022
Type
Optimistic rollup; OP Stack powers the Superchain
Max supply
4,294,967,296 OP (2³²)
Gas token
ETH — not OP
Governance
Token House plus a Citizens' House for retroactive funding
Native staking
None — OP is used for governance

Frequently asked questions

How do I calculate my average OP price?
Add up what you spent across all buys, then divide by the total number of OP you received. Weighting by size is essential — buying 1 OP high and 9 OP low gives an average far closer to the low price.
Does averaging down lower my break-even?
Yes, arithmetically — buying more OP below your entry pulls the weighted average down. It also increases your position size, so the same percentage move against you now costs more in dollars. Check the new position against your risk limit before adding.
Do exchange fees change my cost basis?
In most tax systems acquisition fees are added to cost basis, which raises your true break-even slightly above the raw weighted average. Fees are a few cents and move with Ethereum's data costs; chains built on the OP Stack share the same economics.
How do I calculate average entry price?
Average entry = total cost ÷ total coins. Multiply each buy's price by its amount, sum them, then divide by total coins held.
What is averaging down?
Buying more of an asset at a lower price to reduce your average entry, so a smaller recovery is needed to break even.

More OP calculators

📖 Learn more

Prefer the generic version without OP presets? Open the Average Entry Price Calculator.

For educational purposes only. Rates, fees and protocol parameters change — verify current figures with your exchange or validator before acting. Not financial advice.