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Convert and swap Ethena ENA to Optimism OP

ENA/OP: 1 Ethena equals 0.50 OP

Last update: 5:27 PM, June 6, 2025

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Ethena market latest

Ethena is climbing this week.

The current ENA to OP conversion rate is 0.5. Inversely, this means that if you convert 1 OP you will get 1.98 ENA.

The conversion rate of ENA/OP has increased by 0.7% in the last hour and grown by 3.65% in the last 24 hours.

$1.82B
$264.78M
6.1B ENA

Optimism is falling this week.

The current OP to ENA conversion rate is 1.98. Inversely, this means that if you convert 1 ENA you will get 0.5 OP.

The conversion rate of OP/ENA has decreased by 0.7% in the last hour and shrunk by 3.65% in the last 24 hours.

$1.02B
$230.27M
1.7B OP

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About Ethena

Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money, USDe, alongside a globally accessible dollar savings asset, sUSDe. ENA is the governance token for the Ethena protocol. ENA holders can vote bi-annually to elect members to a Risk Committee, and in the future additional committees performing critical roles within the ecosystem.

About Optimism

Optimism is a network of chains called the Superchain, built on the open-source OP Stack. OP Mainnet was the first chain, with several others now operating on the OP Stack architecture, including Base (by Coinbase), Unichain (by Uniswap), Ink (by Kraken), and World Chain (by Worldcoin). The OP Stack serves as a framework for Ethereum Layer 2 chains and supports significant L2 activity. Every OP Chain in the Superchain contributes back to the Optimism Collective and all chains follow a standardized revenue-sharing model: the greater of 2.5% of total chain revenue or 15% of onchain profit (defined as fees minus L1 gas costs) is paid back to the Optimism. By aligning economic incentives across many chains, Optimism aims to transform Ethereum scaling into a sustainable flywheel by delivering fast, low-cost transactions while reinvesting in the future of the ecosystem. OP holders participate in governance to shape protocol upgrades, funding decisions, and more

Frequently asked questions

How much is 1 Ethena in OP?

Right now, 1 Ethena is worth about 0.5 OP.

How much ENA could I buy for 1 OP?

Based on the current rate, you could get 1.98 ENA for 1 OP.

How do I calculate or convert ENA to OP?

You can use our ENA to OP calculator at the top of this page to convert any amount of ENA to OP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 OP is equivalent to 9.92 ENA. Inversely, 5 ENA will cost about 2.52 OP.

How can I buy 1 Ethena on Coinbase?

Ethena is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Ethena.

What are assets similar to Ethena that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Ethena, including Render (ERC-20), Render, and Artificial Superintelligence Alliance. For a more robust list of assets to explore, jump to the asset page dedicated to Ethena.

Buy Ethena with Coinbase

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ENA to OP conversion tables

The exchange rate of Ethena is increasing.

The current value of 1 ENA is 0.50 OP. In other words, to buy 5 Ethena, it would cost you 2.52 OP. Inversely, 1 OP would allow you to trade for 1.98 ENA while 50 OP would convert to 99.25 ENA, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 4.37%. Meanwhile, in the last 24 hours, the rate has changed by 3.21%, which means that the highest exchange rate of 1 ENA to OP was 0.51 OP and the lowest 24 hour value was 1 ENA for 0.48 OP. This time last month, the value of 1 ENA was 0.43 OP, which is a 14.98% increase from where it is now. Looking back a year, Ethena has changed by 0.39 OP. That means that in a single year, the value of Ethena has grown by 22.34%.

ENA to OP performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
0.49 OP
+3.21%
0.48 OP
+4.37%
0.43 OP
+14.98%
0.39 OP
+22.34%

ENA to OP

Amount (ENA)
Today at 5:27 pm
0.5 ENA
0.25 OP
1 ENA
0.50 OP
5 ENA
2.52 OP
10 ENA
5.04 OP
50 ENA
25.19 OP
100 ENA
50.38 OP
500 ENA
251.90 OP
1,000 ENA
503.79 OP

OP to ENA

Amount (OP)
Today at 5:27 pm
0.5 OP
0.99 ENA
1 OP
1.98 ENA
5 OP
9.92 ENA
10 OP
19.85 ENA
50 OP
99.25 ENA
100 OP
198.49 ENA
500 OP
992.47 ENA
1,000 OP
1,984.94 ENA

Today vs. 24 hours ago

Amount
Today at 5:27 pm
24 hours ago
24H Change
0.5 ENA
0.25 OP
0.24 OP
+3.21%
1 ENA
0.50 OP
0.49 OP
+3.21%
5 ENA
2.52 OP
2.44 OP
+3.21%
10 ENA
5.04 OP
4.88 OP
+3.21%
50 ENA
25.19 OP
24.38 OP
+3.21%
100 ENA
50.38 OP
48.76 OP
+3.21%
500 ENA
251.90 OP
243.80 OP
+3.21%
1,000 ENA
503.79 OP
487.60 OP
+3.21%

Today vs. 1 month ago

Amount
Today at 5:27 pm
1 month ago
1M Change
0.5 ENA
0.25 OP
0.21 OP
+14.98%
1 ENA
0.50 OP
0.43 OP
+14.98%
5 ENA
2.52 OP
2.14 OP
+14.98%
10 ENA
5.04 OP
4.28 OP
+14.98%
50 ENA
25.19 OP
21.42 OP
+14.98%
100 ENA
50.38 OP
42.83 OP
+14.98%
500 ENA
251.90 OP
214.17 OP
+14.98%
1,000 ENA
503.79 OP
428.34 OP
+14.98%

Today vs. 1 year ago

Amount
Today at 5:27 pm
1 year ago
1Y Change
0.5 ENA
0.25 OP
0.20 OP
+22.34%
1 ENA
0.50 OP
0.39 OP
+22.34%
5 ENA
2.52 OP
1.96 OP
+22.34%
10 ENA
5.04 OP
3.91 OP
+22.34%
50 ENA
25.19 OP
19.56 OP
+22.34%
100 ENA
50.38 OP
39.13 OP
+22.34%
500 ENA
251.90 OP
195.63 OP
+22.34%
1,000 ENA
503.79 OP
391.27 OP
+22.34%

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