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Description

Olympus (OHM) aims to become a decentralized reserve currency that is community owned, governed by a DAO, and backed by decentralized assets.

The team designed OHM to be a stable reserve currency using economics force. An algorithm is used to rebalance the supply of OHM tokens in the market in order to maintain the peg.

The Olympus project has 2 primary methods to prevent traders for selling off OHM which will introduce buy pressure to the DAO.

1. Staking is used to incentivized token holders to lock their OHM to receive rebase rewards

2. Bonds are introduced to incentivized liquidity providers to lock in their liquidity

What is OlympusPro?

OlympusPro is new product launched to bring the bond functionalities to any project into the market. It is currently integrated with projects such as Pendle and Spell.

This allows any projects to maintain stronger liquidity through a bond market and reward bond sellers with their own tokens.

24 hour trading pattern

7 Days trading pattern

14 Days trading pattern

30 Days trading pattern

90 Days trading pattern

180 Days trading pattern

One year trading pattern

Max Price chart

Olympus price today is $21.94 with a 24-hour trading volume of $4,722,308. OHM price is up 4.7% in the last 24 hours. It has a circulating supply of 20 Million OHM coins and a total supply of 21.4 Million. If you are looking to buy or sell Olympus, Balancer (v2) is currently the most active exchange.

Olympus hit an all time high of $1,415.26 on Apr 25, 2021 (about 1 year).

Olympus had an all time low of $13.10 on May 11, 2022 (14 days).

The 24 hour trading volume of Olympus is $4,722,308.

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