Governance OHM

GOHM Price

What Is Olympus and Governance OHM (gOHM)?

Olympus is a decentralized financial (DeFi) protocol building programmable monetary infrastructure. At its core is OHM, a treasury-backed token held and managed on-chain. The protocol is built for solvency, self-sustaining liquidity, and policy-driven equilibrium. This guides how value, liquidity, and credit are managed, through on-chain mechanisms including Protocol Owned Liquidity (POL), Cooler Loans, Convertible Deposits (CDs), the Yield Repurchase Facility (YRF), and Range Bound Stability (RBS). Together, these components form a programmable central bank, without human bias.

Governance OHM (gOHM) is the governance and value-accrual token of the Olympus protocol, a decentralized financial (DeFi) system operating as a programmable monetary computer. Each gOHM represents OHM multiplied by the protocol's index. gOHM provides voting rights for Olympus governance and serves as the primary collateral asset for protocol products including Cooler Loans. The underlying Olympus system manages value, liquidity, and credit on-chain through mechanisms including Protocol Owned Liquidity (POL), Cooler Loans, Convertible Deposits (CDs), and the Yield Repurchase Facility.

Understanding gOHM

gOHM solves the composability problem for yield-bearing assets. Traditional staking mechanisms require users to choose between earning yield and using their tokens in DeFi. gOHM uses a non-rebasing design. With rebasing tokens, wallet balances change each epoch, creating compatibility issues with many DeFi protocols. gOHM maintains a constant balance while the value per token increases as backing grows. This design allows gOHM to integrate with lending protocols, liquidity pools, and cross-chain bridges using standard token interfaces. gOHM functions as collateral, liquidity, and a governance token within a single asset. The token is backed by the same treasury system as OHM.

What Makes gOHM Unique?

gOHM was introduced in 2022 by Olympus to improve DeFi composability, making it easier to integrate with lending protocols, LP positions, and cross-chain infrastructure. gOHM has been deployed across Ethereum and several additional L1 and L2 networks, including Arbitrum, Polygon, Avalanche, and Optimism. gOHM became the collateral asset for Cooler Loans, a fixed-rate lending facility with no price-based liquidations, and also the governance token for protocol decisions.

History of gOHM

gOHM continues expanding as the primary composable asset for Olympus across DeFi. Utility includes governance voting, Cooler Loans collateral, and participation in DeFi strategies across supported chains. Protocol governance is controlled by gOHM holders through snapshot and on-chain voting.

What's Next for gOHM?

gOHM serves as the governance, collateral, and value-accrual token of the Olympus ecosystem. 

Governance: gOHM holders vote on protocol proposals governing treasury management, monetary policy parameters, and product development. 

Collateral: gOHM is the collateral asset for Cooler Loans, a peer-to-protocol lending facility offering fixed rates and no price-based liquidations. Holders can borrow against their gOHM without selling their position.

Value accrual: Each gOHM represents OHM multiplied by the protocol’s index. As backing per OHM grows through treasury yield and buybacks, gOHM value increases.

DeFi integration: gOHM is accepted across lending protocols, liquidity pools (Curve, Balancer, Uniswap), and yield strategies on multiple chains. Its non-rebasing design ensures compatibility with standard DeFi infrastructure.

Where can you buy Governance OHM?

GOHM tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Governance OHM is LFJ, where the most active trading pair GOHM/WAVAX has a trading volume of $6,379.38 in the last 24 hours. Other popular options include Sushiswap (Polygon POS) and Uniswap V4 (Ethereum).

What is the daily trading volume of Governance OHM (GOHM)?

The trading volume of Governance OHM (GOHM) is $9,390.22 in the last 24 hours, representing a -36.50% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Governance OHM (GOHM)?

Governance OHM (GOHM) reached an all-time high of $31,351.20 and an all-time low of $1,497.59. It’s now trading -82.40% below that peak and 268.90% above its lowest price.

How does the price performance of Governance OHM compare against its peers?

With a price increase of 2.20% in the last 7 days, Governance OHM (GOHM) is underperforming the global cryptocurrency market which is up 9.40%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 10.80%.

How to add Governance OHM (GOHM) to MetaMask?

Adding Governance OHM (GOHM) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import GOHM as a token. You can copy GOHM’s contract address (0x0ab87046fbb341d058f17cbc4c1133f25a20a52f) and import it manually, or if you've installed MetaMask's chrome extension, add GOHM to MetaMask with one click on CoinGecko.

Add GOHM to MetaMask.