Olympus v1

OHM Price

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 v1?

OHM tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Olympus v1 is Sushiswap, where the most active trading pair OHM/DAI has a trading volume of $6.52 in the last 24 hours. Other popular options include Uniswap V3 (Ethereum) and Uniswap V2 (Ethereum).

What is the daily trading volume of Olympus v1 (OHM)?

The trading volume of Olympus v1 (OHM) is $6.53 in the last 24 hours, representing a -98.70% 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 Olympus v1 (OHM)?

Olympus v1 (OHM) reached an all-time high of $496.87 and an all-time low of $5.99. It’s now trading -90.10% below that peak and 721.40% above its lowest price.

What is the fully diluted valuation of Olympus v1 (OHM)?

The fully diluted valuation (FDV) of Olympus v1 (OHM) is $23,425,506. This is a statistical representation of the maximum market cap, assuming the maximum number of 480 Thousand 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 v1 compare against its peers?

With a price increase of 6.30% in the last 7 days, Olympus v1 (OHM) is underperforming the global cryptocurrency market which is up 13.40%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 19.40%.

How to add Olympus v1 (OHM) to MetaMask?

Adding Olympus v1 (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 (0x383518188c0c6d7730d91b2c03a03c837814a899) 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.