Optimism drawdowns: every fall of 20% or more, and the recovery
Since 2022, Optimism has fallen 20% or more from a record daily close 5 times. The deepest was −98%, from 9 Mar 2024 to 14 Nov 2026. Of the 4 that have fully recovered, the median took 114 days from the old record to a new one.
Record daily close$4.709 Mar 2024
At the 14 Nov 2026 close−98%from the record · 980 days since
OP price · last close$0.0799014 Nov 2026 close: $0.07990
Falls of 20% or more54 recovered · 1 still open
Every episode
| Record close | Price | Low | Price | Depth | Days to the low | Days to a new record |
|---|---|---|---|---|---|---|
| 9 Mar 2024 | $4.70 | 14 Nov 2026 | $0.07990 | −98% | 980 | not yet |
| 1 Jan 2024 | $3.99 | 23 Jan 2024 | $2.82 | −29% | 22 | 50 |
| 3 Feb 2023 | $3.10 | 14 Jun 2023 | $1.09 | −65% | 131 | 322 |
| 3 Aug 2022 | $1.99 | 20 Oct 2022 | $0.6720 | −66% | 78 | 170 |
| 2 Jun 2022 | $1.55 | 12 Jul 2022 | $0.4500 | −71% | 40 | 57 |
An episode starts at a record daily close and ends at the first close above it. Depth is measured at the lowest close in between. Daily closes, UTC, Binance spot; history starts 1 Jun 2022, so earlier records are not included.