Overview

•  OPN (Opinion Token): Native token of Opinion Labs’ platform, Opinion.Trade, an AI-powered onchain prediction exchange focused on global macro markets. It runs on Binance Smart Chain (BSC), using AI oracles for real-time data, onchain trading, and DeFi composability. Users can create, trade, and resolve markets on economic events like inflation or elections. OPN serves as a utility token for platform access, governance, oracle fees, and value capture.

•  OP (Optimism Token): Governance token for the Optimism Collective, which oversees the Optimism Layer 2 (L2) blockchain on Ethereum. Optimism is an optimistic rollup solution aimed at scaling Ethereum with faster, cheaper transactions while maintaining security. The collective focuses on decentralized governance to grow the ecosystem, including grants and retroactive public goods funding.

Key Differences

•  Purpose and Use Case: OPN is tailored for prediction markets, enabling betting on real-world outcomes with AI integration for accuracy and efficiency. It’s niche-focused on macro trading and DeFi. OP, conversely, supports a general-purpose L2 network for dApps, DeFi, NFTs, and more, emphasizing Ethereum scaling and governance.

•  Blockchain: OPN operates on BSC for low fees and speed, suitable for high-frequency trading in predictions. OP is built on Ethereum as an L2, inheriting its security but optimizing for scalability.

•  Launch and Maturity: OPN is a recent launch (early 2026), with hype from Binance futures listing leading to rapid price gains. OP launched in 2021 and is a mature project with widespread adoption in the Ethereum ecosystem.

Market Data (as of February 22, 2026)

•  Price: OPN ~$0.84 (highly volatile, recent low $0.55); OP ~$0.12.

•  24h Change: OPN +37.45% (surge post-listing); OP +6.2%.

•  Market Cap: OPN not fully reported (estimated FDV ~$584M based on early data, but actual MC lower due to vesting); OP $260M.

•  Supply: OPN total 1B (distribution includes investors, ecosystem, team; circulating likely partial); OP total 4.29B, circulating 2.12B.

•  ATH: OPN not established (new token); OP $4.84.

•  Trading Volume and Liquidity: OPN saw explosive volume (~$7M in 24h) on exchanges like WEEX and Binance futures, indicating speculative interest. OP has steady, higher overall liquidity across major platforms due to its established status.

Risks and Potential

•  OPN: High upside from AI-prediction niche, but risks include low maturity, potential pump-and-dump volatility, and competition from platforms like Polymarket. Recent 97%+ surge in 4 hours suggests meme-like hype.

•  OP: More stable with Ethereum ties, but exposed to L2 competition (e.g., Arbitrum) and broader market downturns. Strong community and adoption provide long-term value.

In summary, OPN is a speculative, AI-focused newcomer in prediction markets, while OP is a battle-tested governance token for Ethereum scaling. OPN suits short-term traders; OP appeals to long-term DeFi investors.