About Origin Dollar
Origin Dollar (OUSD) is the first stablecoin that earns a yield while it's still in your wallet. Built by the team at Origin Protocol (OGN).
Market Stats
Market Cap
£6.76M
-0.01%
FDV
£9.05M
Circ. Supply
9.1M OUSD
Max Supply
9.1M OUSD
Total Supply
9.1M OUSD
Diluted Valuation
£6.76M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£49.90K
-5.64%
Volume (7D)
£348.67K
Volume (30D)
£1.41M
All time high
£3.61
Price Change (1Y)
0.25%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Origin Dollar has decreased by 0.06% in the last hour and decreased by 0.06% in the past 24 hours. Origin Dollar’s price has also fallen by 0.14% in the past week. The current price is £0.75 per OUSD with a 24-hour trading volume of £49.90K. Currently, Origin Dollar is valued at 79.30% below its all time high of £3.61. This all-time high was the highest price paid for Origin Dollar since its launch.
The current circulating supply of Origin Dollar is 9,054,764.316 OUSD which means that Origin Dollar has as total market cap of £6,755,155.16.
Market details
OUSD vs markets
↘ 37.84%
OUSD vs BTC
↘ 45.84%
OUSD vs ETH
↗ 2.29%
Tags
defi
stablecoin
usd-stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x2A8e1E676Ec238d8A992307B495b45B3fEAa5e86 | |
Astar | 0x29f6e49c6e3397c3a84f715885f9f233a441165c |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.75 | ↘ 0.06% |
1 Day | £0.75 | ↘ 0.06% |
1 Week | £0.74 | ↘ 0.14% |
1 Month | £0.74 | ↘ 0.01% |
1 Year | £0.77 | ↗ 0.25% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Origin Dollar (OUSD) is an ERC-20-based compliant token for the Ethereum network. It intends to be a stable currency backed 1:1 by other stablecoins like USDT, USDC, and DAI. The token is specially designed to offer competitive yields while passively being in wallets.
The OUSD aims to provide users with earning opportunities across DeFi. For instance, the OUSD smart contract deploys users’ underlying capital in diversified yield-earning strategies, rebalancing overtime while diversifying the risk. In addition, no staking or lockups are required. DeFi yields are converted to OUSD automatically and accumulate in users’ wallets.
Moreover, DeFi traders can automatically calculate their earnings as they can easily see their constantly updated OUSD balances with interest compounds. OUSD envisions it as an ideal stablecoin for DeFi yield farmers and new cryptocurrency users.
Unlike other tokens, OUSD asserts to work differently. Instead of increasing price as the value of the assets under management increases (Compound cTokens or Yearn yTokens), one OUSD remains constant at approximately $1. The OUSD contracts constantly adjust the monetary supply and automatically update the balance in every token holder's wallet to reflect the protocol's yield.
OUSD integrates with DeFi lending platforms that offer over-collateralized loans. Over-collateralization, combined with smart rules around liquidations, provides a reasonable security level for lenders. Users can even protect their holdings with smart contract insurance. A user can also make a financial bet on contracts' security and earn a yield by providing coverage.
Unique to the industry, OUSD beats traditional savings and markets by offering an estimated APY of 14.64 percent, instantaneous peer-to-peer transfers, and remittances without fees.
OUSD was initially introduced in September 2020. Josh Fraser (cofounder), Matthew Liu (Cofounder), Yu Pan (founding engineer), and Max Unger (head of community) are the core team members of the Origin Dollar ecosystem.
We update our Origin Dollar to GBP currency in real-time. Get the live price of Origin Dollar on Coinbase.
The current market cap of Origin Dollar is £6.76M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Origin Dollar is £3.61. This all-time high is highest price paid for Origin Dollar since it was launched.
Over the last 24 hours, the trading volume of Origin Dollar is £49.90K.
Assets that have a similar market cap to Origin Dollar include MUX Protocol, Alaya Governance Token, Peercoin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Origin Dollar is 9.1 million.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.