Olympus (OHM) price has declined today.
The price of Olympus (OHM) is $10.29 today with a 24-hour trading volume of $1,545,824. This represents a 0.00% price decline in the last 24 hours and a -0.70% price decline in the past 7 days. With a circulating supply of 28 Million OHM, Olympus is valued at a market cap of $285,459,766.
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.
Where can you buy Olympus?
OHM tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Olympus is Balancer (v2), where the most active trading pair OHM/ETH has a trading volume of $913,617.74 in the last 24 hours. Other popular options include Fraxswap (Ethereum) and Uniswap (v3).
What is the daily trading volume of Olympus (OHM)?
The trading volume of Olympus (OHM) is $1,545,718.22 in the last 24 hours, representing a 63.20% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Olympus (OHM)?
The highest price paid for Olympus (OHM) is $1,415.26, which was recorded on Apr 25, 2021 (almost 2 years). Comparatively, the current price is -99.30% lower than the all-time high price.
What is the all-time low for Olympus (OHM)?
The lowest price paid for Olympus (OHM) is $7.54, which was recorded on Nov 26, 2022 (4 months). Comparatively, the current price is 36.30% higher than the all-time low price.
What is the market cap of Olympus (OHM)?
Market capitalization of Olympus (OHM) is $285,459,766 and is ranked #146 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of OHM tokens (28 Million tokens are tradable on the market today).
What is the fully diluted valuation of Olympus (OHM)?
The fully diluted valuation (FDV) of Olympus (OHM) is $290,439,295. This is a statistical representation of the maximum market cap, assuming the maximum number of 28 Million OHM tokens are in circulation today. Depending on how the emission schedule of OHM tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Olympus compare against its peers?
With a price decline of -0.70% in the last 7 days, Olympus (OHM) is underperforming the global cryptocurrency market which is up 7.90%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
What is the market sentiment of Olympus today?
The community is bullish as more than 66% of users are feeling good about Olympus (OHM) today.
How to add Olympus (OHM) to MetaMask?
Adding Olympus (OHM) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import OHM as a token. You can copy OHM’s contract address (0x64aa3364f17a4d01c6f1751fd97c2bd3d7e7f1d5) and import it manually, or if you've installed MetaMask's chrome extension, add OHM to MetaMask with one click on CoinGecko.
Add OHM to MetaMask.
