TagsCrypto-Backed StablecoinsU.S. Dollar StablecoinDeFiDecentralized Issuer
Origin Dollar in numbers
Origin Dollar (OUSD) ranks #1121 by market capitalization, at $6.08M. It belongs to the Stablecoins sector (Crypto-Backed Stablecoins). It has traded since Sep 23, 2020, across 21 markets on 5 exchanges, with $39.38K of volume in the last 24 hours. Its all-time high of $1.43 was reached on Jun 18, 2021; the current price is 29.9% below that peak. Its cycle low of $0.857365 came on Nov 11, 2021.
6.29M OUSD are in circulation. On Ethereum, 4,239 addresses hold OUSD.
About Origin Dollar
Origin USD (OUSD) is a noncustodial stablecoin from the Origin Protocol that earns yield from different DeFi protocols by using a contract design that automatically puts the OUSD stablecoin into yield-generating DeFi protocols and then distributes the yield to OUSD holders. The number of OUSD tokens in a holder's wallet automatically increases over time as yield is earned. The value of OUSD is pegged to the US dollar aiming to maintain a 1:1 ratio.
Ethereum3.7K