# OP Mainnet (OP): fees, revenue multiple and fair price

Source: Chainfees, https://chainfees.fyi/chain/optimism/ · data through 2026-11-09 · rebuilt hourly.

OP Mainnet ranks #13 of 59 chains by revenue multiple. The market values it at $427M FDV against $905K of yearly network fees, 472×, still below the median. Priced like the median chain, OP would trade at $0.5496 (+453%).

For comparison, OP Mainnet is 2.7× cheaper than Ethereum (1,268×) and 38× cheaper than Bitcoin (18,076×).

On OP Mainnet today, sending OP costs about $0.000046, and the average transaction pays $0.0016 in fees.

| Metric | Value |
|---|---|
| Undervalued rank | #13 of 59 |
| Type | L2 |
| Token | OP |
| Price | $0.0994 |
| FDV | $427M |
| Market cap | $228M |
| Yearly fees (90d, annualized) | $905K |
| Revenue multiple (FDV/Fees) | 472× |
| Fair price (median revenue multiple) | $0.5496 (+453%) |
| Transfer fee | $0.000046 |
| Average transaction fee | $0.0016 |

## FAQ

### Is OP Mainnet undervalued?

By its fees, yes. OP Mainnet trades at a revenue multiple of 472×, 5.5× below the median chain, and ranks #13 of 59 most undervalued.

### How much does OP Mainnet earn in fees?

$905K a year, annualized from the last 90 days of network fees (DefiLlama).

### How much does a OP Mainnet transfer cost?

About $0.000046 to send OP right now, read live from the network every hour.

### What would OP be worth at a fair revenue multiple?

$0.5496, +453% from $0.0994 today. That's the price at the median revenue multiple of all ranked chains.

Definitions: https://chainfees.fyi/learn/ · Methodology: https://chainfees.fyi/methodology/ · Full ranking: https://chainfees.fyi/llms-full.txt