BTCC/ Crypto Prices / Opium (OPIUM)
Opium

Opium Price OPIUM

USD
$0.01074
-$0.0001405 -1.29%
1D7D1M3M1Y YTD All

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Opium Today's Price

About Opium

Opium (OPIUM) is the governance token for the Opium Protocol, a decentralized derivatives platform built on Ethereum that enables the creation and trading of custom financial instruments.

Key takeaways

  • Opium (OPIUM) is the native governance token for the Opium Protocol, a decentralized derivatives exchange on Ethereum.
  • The protocol allows users to create, trade, and settle custom derivative contracts, such as credit default swaps (CDS) and options.
  • OPIUM token holders can participate in governance votes to decide on protocol upgrades, fee structures, and treasury management.
  • The token is used for staking to secure the protocol's insurance fund and for paying fees within the ecosystem.
  • You can trade OPIUM via spot or futures contracts on platforms like BTCC.

What is Opium? Key Specifications & Tokenomics

Opium is a decentralized protocol for creating and trading derivative contracts on the Ethereum blockchain.


ItemDetails
Name (Ticker)Opium (OPIUM)
Alternative NamesOpium Protocol Token
Consensus MechanismEthereum Proof-of-Stake (PoS)
Smart ContractsYes (EVM-Compatible)
CategoryDeFi, Derivatives
Hash AlgorithmKeccak-256
Max Supply100,000,000 OPIUM

Who created Opium (OPIUM)?


The Opium Protocol was founded by Andrey Belyakov. The project emerged from the need for a flexible, on-chain infrastructure for derivative products that could operate without centralized intermediaries. The team aimed to build a protocol where anyone could create and trade financial derivatives, leveraging the security and composability of the Ethereum network. Development and governance are now largely managed by the Opium decentralized autonomous organization (DAO), which is steered by OPIUM token holders.


How does Opium (OPIUM) work?

The Opium Protocol functions as a decentralized exchange (DEX) specifically for derivatives. Its core mechanism involves smart contracts that define the terms of derivative products.

  • Contract Creation: Users can deploy smart contracts that represent custom derivative instruments, such as swaps, options, or futures, with defined underlying assets, expiration dates, and payout conditions.
  • Order Book & Trading: The protocol utilizes an off-chain order book relayed by network participants for price discovery and order matching, while settlement and custody are handled on-chain by the smart contracts. This hybrid model aims for efficiency.
  • Settlement & Insurance: Upon contract expiration, outcomes are settled automatically by the smart contract logic. The protocol maintains an insurance fund, staked with OPIUM tokens, to cover potential smart contract failures or extreme market events.

What makes Opium (OPIUM) unique and valuable锛>

Opium's primary value proposition is its focus on customizable, on-chain derivatives within the DeFi ecosystem.

  • Custom Derivative Creation: Unlike many DEXs that offer standardized perpetual contracts, Opium allows for the creation of bespoke financial instruments. This enables hedging strategies and financial products tailored to specific needs.
  • Composability with DeFi: Being built on Ethereum, Opium derivatives can interact with other DeFi protocols. For example, a yield farmer could use an Opium credit default swap (CDS) to hedge against the risk of a lending protocol failure.
  • Dual-Token Staking Model: The protocol's security is bolstered by staking. Users can stake OPIUM tokens directly into the insurance fund or stake LP tokens from OPIUM/ETH liquidity pools, earning rewards while contributing to the protocol's resilience.

What is Opium (OPIUM) used for?

The OPIUM token has several key utilities within its ecosystem:

  • Governance: OPIUM holders can create and vote on proposals that govern the Opium Protocol's future, including parameter adjustments, fee changes, and treasury allocations.
  • Staking & Security: Users stake OPIUM tokens to back the protocol's insurance fund. This staking helps secure the network and provides stakers with a share of the protocol's revenue.
  • Fee Payment: OPIUM can be used to pay for transaction fees and other services on the Opium network, potentially at a discounted rate compared to using other assets.
  • Liquidity Incentives: Liquidity providers for OPIUM trading pairs can earn token rewards, helping to ensure deep and efficient markets for the token and its associated derivatives.

How to buy OPIUM Coin?

OPIUM is a tradable cryptocurrency available on several exchanges. For a secure and liquid trading experience, we recommend using a major platform like BTCC Exchange.

  1. Register a BTCC Account: Sign up using your email or phone number and complete the KYC verification process to access all platform features and benefits. (How to buy USDT on BTCC)
  2. Deposit Funds: Add funds via fiat currency (bank transfer, card, or third-party payment) or deposit USDT from an external wallet into your BTCC account. (How to buy USDT on BTCC)
  3. Start Trading: Navigate to the trading section and search for the spot trading pair OPIUM/USDT or the futures contract OPIUMUSDT.
  4. Place an Order: Enter the amount of OPIUM you wish to purchase and submit your order. For futures trading, you can also choose to go short (sell) and adjust leverage according to your strategy.
  5. Confirm Your Purchase: For spot trades, check your wallet balance to confirm the OPIUM tokens have been deposited. For futures, monitor your open positions on the trading interface.
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Opium FAQ

What is the price prediction for Opium (OPIUM) by 2030?

The price of Opium (OPIUM) by 2030 remains uncertain, as its future value depends on regulatory shifts, tech upgrades, and global adoption. While various forecast models offer long-term estimates, these projections vary widely, and there is no unified market consensus.

Instead of relying on a single absolute figure, experienced traders typically combine multiple data sources. You can explore BTCC's in-house algorithmic prediction models and follow the exclusive technical analysis reports published by our BTCC Academy analysts for real-time, structural market insights. It is also highly effective to cross-reference data from leading third-party platforms, such as CoinCodex for historical-algorithmic modeling, DigitalCoinPrice for technical analysis trends, and WalletInvestor for community-driven sentiment forecasts.

At BTCC, we encourage you to view these long-term projections as sentiment indicators rather than absolute facts, and focus on understanding Opium's core fundamentals. Leverage our deep liquidity and secure trading terminal to execute your strategies with complete peace of mind.

How high will Opium go?

Opium (OPIUM) price depends on many factors, including market demand, adoption, Cryptocurrency regulations, technological development and overall conditions in the cryptocurrency market.

 

No one can guarantee how high Opium will go, not even market forecasts from analysts and experts. Investors should follow market trends, project progress, and broader crypto industry growth when evaluating potential price movements.

Is Opium going to crash?

It is impossible to predict with certainty whether Opium will crash. Like most cryptocurrencies,  Opium (OPIUM) price can experience both rapid increases and sharp corrections.

 

Market sentiment, investor behavior, regulations, and overall crypto market performance can all influence the price. However, the risk of a significant drop may increase if you notice the following warning signs:

 

  •  weak fundamentals or lack of real adoption
  • excessive hype without utility
  •  low liquidity or heavy concentration of large holders

 

Monitoring market trends and project updates can help investors better understand potential risks.

Is now a good time to buy Opium? Should I buy Opium now?

There is no perfect timing. Whether now is a good time to buy Opium(OPIUM) depends on your investment strategy, risk tolerance, and market outlook. Some investors look at price trends, technical indicators, and project fundamentals before making a decision.

 

Since cryptocurrency prices can move quickly, it’s important to do your own research and consider both short-term volatility and long-term potential:

 

  • Long-term belief - consider gradual buying, such as DCA (dollar-cost averaging) 
     
  • Short-term trade - look at trend direction, support levels, and volume
     

Is it safe to buy Opium?

Buying Opium involves risk, and no cryptocurrency is completely safe. Like any cryptocurrency, OPIUM is volatile, which means Opium (OPIUM) price can change quickly. 

Before buying Opium, it’s important to research the project, understand its use case, check market conditions, and only invest money you can afford to lose. 

Using trusted exchanges like BTCC and secure wallets can also help reduce potential risks.

Why is Opium price dropping today?

The price of Opium (OPIUM) may go down for several reasons. Cryptocurrency prices are highly volatile and can change due to shifts in market sentiment, broader crypto market trends, macroeconomic events, regulatory news, or large sell-offs by investors.

 

Short-term OPIUM price declines do not always reflect the long-term potential of Opium. To better understand price movements, it is helpful to consider factors such as overall market conditions, project updates, trading volume, and investor demand before making any investment decisions.

 

Why is Opium going up?

Opium's price is increasing due to demand outstripping supply, fueled by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.
 

Is Opium a good investment based on its price history?

Opium(OPIUM) has historically grown over time but is volatile. Investment depends on risk tolerance and long-term strategy.

When will Opium crash again?

Predicting the exact timing of a Opium crash is impossible, as the market is influenced by a complex mix of global economics, regulation, and investor sentiment.

 

For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.

What was Opium’s all-time low (ATL)?

The Opium All-Time Low (ATL) price was $0.009998, recorded on 2026-06-06 05:05. This stands as the lowest price for Opium(OPIUM) on record.
 

What was Opium’s all-time high (ATH)?

The Opium All-Time High (ATH) was $21.00, recorded on 2021-02-03 22:40. This represents the highest price Opium has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live OPIUM price for the most up-to-date information.

How many Opium are there?

Opium(OPIUM) currently has a circulating supply of 4.16M, with its maximum supply capped at 100.00M.
 

What is the current market cap of Opium(OPIUM)?

The current market cap of Opium(OPIUM) is $45.37K. The market cap of a cryptocurrency refers to its total circulating supply multiplied by its current price.

What is Opium's 24h trading volume?

Opium's 24h trading volume is $19.93, representing the total value of all Opium(OPIUM) bought and sold across exchanges in the past 24 hours.

What is the current price of Opium(OPIUM)?

The current Opium price is $0.01074. As the OPIUM price changes constantly, BTCC offers real-time OPIUM to USD prices that can be accessed at the top of our crypto price page.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.