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Swap OP ETH 🔁 ERC20 tokens on Optimism with Wraith Wallet

Learn how to swap Optimism Ethereum (OP ETH) to ERC20 tokens and vice versa. Whether you want to convert OP ETH into a stablecoin like USD Coin (USDC) or swap ERC20 tokens back into OP ETH, this guide takes you through the process step by step.

TLDR​

Wraith Wallet executes swaps directly on the Optimism blockchain using secure smart contracts.

Transaction fees are paid in OP ETH, so ensure you keep some in your wallet.

Wraith Wallet automatically selects the most efficient routes, lowering costs and reducing slippage.

⚠️ Always update Wraith Wallet to the latest version for the best performance and security.

Swap OP ETH to an ERC20 token​

Step 1 - Enable the ERC20 token​

For this example, we’ll swap OP ETH to USD Coin (USDC).

Make sure your wallet is funded with OP ETH.

Tap Swap.

Search for the ERC20 token you want (e.g. USDC).

Enable it so it becomes available for the swap.

Step 2 - Enter swap amount and confirm​

Tap Swap again and select USDC.

Enter the amount of OP ETH you want to swap.

Double-check that you still have OP ETH left for fees.

Review the transaction details and tap Confirm.

Step 3 - Wait for confirmation​

The swap is broadcast to the Optimism network.

It usually takes only a few seconds to confirm.

Once confirmed, your USDC balance will update in Wraith Wallet.

✅ You’ve successfully swapped OP ETH to USDC.

Swap an ERC20 token back to OP ETH​

Step 1 - Approve the ERC20 token​

For this example, we’ll swap USD Coin (USDC) back into OP ETH.

Tap Swap.

Select USDC as the token to swap from.

Tap Approve USDC to Swap.

Wait for the approval transaction to confirm.

Step 2 - Enter swap amount and confirm​

Enter the amount of USDC you want to convert into OP ETH.

Tap Swap and carefully review the details.

Tap Confirm to submit the swap.

Step 3 - Wait for confirmation​

The transaction is processed on the Optimism blockchain.

Once confirmed, your OP ETH balance will be updated in Wraith Wallet.

✅ You’ve successfully swapped ERC20 tokens back into OP ETH.

Why swap Optimism with Wraith Wallet?​

On-chain execution: All swaps are fully verifiable on the Optimism blockchain.

Efficient routing: Automatic optimisation ensures the best possible pricing.

Non-custodial: You always retain control of your funds and private keys.

Transparent: Built on open-source code, Wraith Wallet promotes trust and accountability.

Swapping OP ETH and ERC20 tokens in Wraith Wallet is fast, secure, and user-friendly.

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