Market
Origin Protocol
Origin Protocol
OGN
$0.03508
-3.84%
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USD
OGN
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285.06
OGN
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$500
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1-2 business days • No fees
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Instant •
2.99%
0% fee first 30 days
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Market
Origin Protocol
OGN
$0.03508
-3.84%
Buy
Sell
One time
USD
OGN
≈
285.06
OGN
$50
$150
$500
Pay with
Google Pay
Apple Pay
USD Account
1-2 business days • No fees
Credit/debit card
Instant •
2.99%
0% fee first 30 days
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Market data
Market cap
$22.71M
Rank
#898
24H volume
$3.59M
Circulating supply
647.25M OGN
46% of total
All-time high
$3.39
-9558.66%
All-time low
$0.02
41.98%
Total supply
1.41B OGN
Max supply
1.41B OGN
Invest in Origin Protocol
About Origin Protocol
Origin Protocol Price Summaries
Origin Protocol's price today is $0.03508, with a 24-hour trading volume of $3.59M. OGN is -3.84% in the last 24 hours. It is currently -6.27% from its 7-day all-time high of $0.03743, and 6.25% from its 7-day all-time low of $0.03302.OGN has a circulating supply of 647.25M OGN and a max supply of 1.41B OGN.About Origin Token ($OGN)
• What is Origin Token?
◦ Origin Token(OGN) is Origin Protocol’s native governance and value accrual token, one of Ethereum’s longest-standing DeFi projects, promoting open economic access through a highly composable, multichain product suite that unlocks vast opportunities for yield generation across the space. Origin’s products are built to be permissionless and composable, allowing for deep integration with other DeFi primitives. OGN stakers accrue yield from a share of revenue generated by all of Origin’s products, cultivating a sustainable, user-first platform.
• How does Origin Token work?
◦ OGN is the value-accrual and governance token for Origin’s platforms. Users can stake OGN for xOGN and earn a share of protocol revenue generated from all of Origin’s products.
◦ Origin’s diverse product suite empowers users to seamlessly compound on-chain returns. The protocol’s innovative yield generating products, OETH and OUSD, feature bespoke AMO strategies that deliver superior yields for users.
◦ Origin Ether (OETH) is an ETH LST with versatile utility. Origin is leveraging OETH’s codebase to deploy wrapped OETH (wOETH) derivatives that enable users to earn multiples of staking yield on leading Layer-2 blockchains, starting with Arbitrum. The protocol is also harnessing OETH’s design to explore building native LSTs for leading EVM networks. Users can deposit ETH and OETH to the protocol’s native liquid restaking platform, PrimeStaked, to mint primeETH and remain liquid while earning rewards.
◦ Origin’s sector-defining Automated Redemption Manager (ARM) offers deep liquidity for seamless swaps on redeemable assets with near zero slippage. In contrast to traditional AMMs, the ARM foregoes a bonding curve and bases prices on the time value of “borrowing” ETH. This unique design allows users to swap between supported LSTs and ETH at a virtually 1:1 rate, promoting far greater capital efficiency than traditional AMMs.
• How does Origin Token differ from similar tokens in its category?
◦ Origin’s ecosystem is built on pillars of best-in-class security, seamless usability, and vast composability with diverse applications across DeFi. OGN’s staking model accrues value from all of Origin’s products, promoting decentralized governance and enduring growth.
• History of Origin Token
◦ Founded in 2017, Origin is one of Ethereum’s most established protocols. Origin’s mission to enable open economic access for everyone has seen the protocol’s product suite evolve to focus on innovative DeFi primitives with breakthrough mechanics and seamless user experience.
• Technology behind Origin Token
◦ Origin proudly builds its products in the open, inviting direct feedback and participation from users. The protocol’s open-source codebases have been rigorously audited by leading firms, including OpenZeppelin, TrailOfBits, and Certora.
◦ Origin’s staking products feature tailored AMO strategies that liquidity mine blue-chip DeFi protocols to deliver superior yields for users.
◦ The ARM implements new mechanics for seamless, virtually zero slippage swaps between redeemable assets and ETH.
◦ The protocol’s native LST, OETH, uses highly composable mechanics to integrate deeply across DeFi. Wrapped OETH derivatives are deployed to Layer-2 chains to unlock further expansion opportunities.
• Use cases for Origin Token
◦ Origin’s native token, OGN, is at the heart of the ecosystem, with stakers earning a share of rewards from Origin’s products and participating in shaping the protocol’s offerings through xOGN governance.
◦ Origin’s rich product suite empowers anyone to participate in staking and yield generation. Both OUSD and OETH are rebasing, with yield being distributed directly to holders’ wallets – no lockups involved.
◦ The protocol’s breakthrough Automated Redemption Manager (ARM) acts as a liquidity hub for the $40B liquid staking sector, allowing for instant redemptions at scale with virtually no slippage.
• Future of Origin Token
◦ Origin is focused on building powerful financial primitives that serve Ethereum and EVM compatible networks. The protocol is cultivating a breakthrough multichain feature set with exciting new offerings for users.
A core component of this vision includes building out OETH as one of the space’s most versatile LSTs, with high composability thanks to top tier integrations on money markets and similar platforms.
LST Yield Derivatives
Origin has partnered with Chainlink CCIP to bring OETH to Layer-2 networks. Deploying wOETH to new chains empowers users to unlock even more value and yield opportunities across leading L2s. These derivatives feature deep liquidity and incentivization, targeting far higher APYs than those generated by simply holding LSTs. This expansion is well underway, with OETH now live on Arbitrum. The protocol has set its sights on leading chains including Base and Optimism for further growth, with deployments being finalized on both networks.
Automated Redemption Manager (ARM)
The ARM acts as a hub for rapid, seamless LST redemptions across DeFi. The platform’s deep liquidity supports tight pegs for leading LSTs, allowing users to swap between redeemable assets and ETH with virtually no slippage.
Generalized LSTs for EVM Chains
Origin is exploring the development of native LSTs for other EVM-compatible networks using OETH’s staking model. This expansion would see Origin powering the de-facto LSTs on a host of novel networks, creating a unique opportunity for significant scaling.
• Key partnerships or other technological updates
Chainlink CCIP: Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is the gold standard for multichain expansion. OETH harnesses CCIP to deploy on novel blockchains seamlessly and securely.
EigenLayer: OETH is one of the first LSTs supported by restaking pioneer, EigenLayer. Holders can restake OETH to compound returns and participate in extending Ethereum’s network security.
Curve: As DeFi’s largest AMM, Curve offers unparalleled liquidity for seamless swaps and liquidity mining. The OETH AMO controller harnesses Curve to strengthen OETH’s peg and generate increased yield from liquidity provision and token rewards.
Pendle: Pendle’s unique mechanics have popularized tokenized yield in DeFi. OETH holders can use Pendle to take leveraged positions on its yield performance or lock in a fixed yield.
Poolside: PoolSide’s novel AMM focuses on deep liquidity for yield-generating tokens. This integration brings greater liquidity to Arbitrum through the launch of a dedicated wOETH pool on the protocol.
Silo: Users can take advantage of Silo’s seamless lending platform to borrow wOETH on Arbitrum using USDC or ETH.
Official Origin Protocol Website: https://www.originprotocol.com/
• What is $OGN Used For?
◦ OGN is the governance and value-accrual token for Origin’s products. Users can stake OGN for xOGN, which carries voting and economic power across Origin’s product suite.
Staking model: OGN can be locked on a time horizon of 1 month – 1 year. Users who stake OGN receive xOGN relative to the amount staked and the duration of the lock-up period. xOGN grants holders economic and voting rights during the staking period.
Rewards: Origin takes a performance fee from its yield generating products. Half of this fee is distributed to OGN stakers in the form of extra rewards, while the remaining 50% funds the purchase of flywheel tokens to boost yield generated by the underlying protocols.
Governance: OGN stakers comprise the Origin DAO, which votes on proposals and treasury allocations. Origin promotes fully on-chain governance to cultivate a sustainable, inclusive structure.
• How Do Network Consensus and Validation Work On Origin Token?
◦ Origin Protocol is built on Ethereum mainnet and participates directly in staking activities on the network. Users can stake ETH via Origin Ether (OETH) to earn staking rewards and superior yields from bespoke AMO strategies. Users who deposit ETH mint OETH, which maintains an ETH peg and carries wide integrations across DeFi. Origin’s products implement Distributed Validator Technology (DVT) to ensure that node management can scale securely without risk of centralization.
• Who Is The Founder of Origin Token?
◦ Founded by serial entrepreneurs Matthew Liu and Josh Fraser, Origin’s team of relentless innovators boasts diverse talent that previously contributed to the likes of YouTube, Google, and Dropbox.
• What is the Maximum and Circulating Token Supply of $OGN?
◦ Total supply: 1,409,664,846 OGN
◦ Circulating supply: ~567,268,931 OGN
• What Makes Origin Token Different From Others?
◦ Origin Protocol is cultivating a decentralized, multichain feature set that upholds the core principles of blockchain – transparency, autonomy, and sustainability. Origin’s products are built to serve everyone from new entrants to DeFi power users, offering ready access to powerful yield and liquidity primitives with uniquely rewarding mechanics, built by some of the space’s brightest innovators.