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| Olympus 
| #OHM
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| OHM Price: | $21.87 | | Volume: | $78.6 K | | All Time High: | $168 | | Market Cap: | $0.4 B |
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| Circulating Supply: | 18,179,041 |
| Exchanges: | 4+
| | Total Supply: | 20,968,563 |
| Markets: | 7
| | Max Supply: | — |
| Pairs: | 10
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The price of #OHM today is $21.87 USD.
The lowest OHM price for this period was $0, the highest was $21.87, and the exact current price of one OHM crypto coin is $21.86573.
The all-time high OHM coin price was $168.
Use our custom price calculator to see the hypothetical price of OHM with market cap of SOL or other crypto coins. |
The code for Olympus is #OHM.
Olympus is 3.2 years old. |
The current market capitalization for Olympus is $397,498,075.
Olympus is ranked #110 out of all coins, by market cap (and other factors). |
The trading volume is modest during the past 24 hours for #OHM.
Today's 24-hour trading volume across all exchanges for Olympus is $78,568. |
The circulating supply of OHM is 18,179,041 coins, which is 87% of the total coin supply.
A highlight of Olympus is it's limited supply of coins, as this tends to support higher prices due to supply and demand in the market. |
| Note that there are multiple coins that share the code #OHM, and you can view them on our OHM disambiguation page. |
Olympus H1 2022 Report
Over the last year, Olympus DAO has implemented a number of initiatives to improve understanding of how the DAO is executing on community authorized and mandated initiatives. Today, we are pleased to announce another transparency initiative: the Olympus DAO quarterly report series. The first report provides information about DAO activities during the first half of 2022. Moving forward the DAO will release these reports on a quarterly basis. The report answers many questions the community has about:What is OHM’s roadmap?: The report outlines current and planned activities — aligned with the Olympus12 Action Plan — focused on achieving our goal of making OHM a trusted decentralized reserve currencyHow are the DAO Working Groups Performing?: Policy, Treasury and other DAO Working Groups have developed reports on their activities during Q1 and Q2 2022What are near-term priorities?: Read the report to understand what is planned for Q3 2022 Like we said, henceforth these reports will be released on a quarterly basis, and published on the Transparency section of the Olympus DAO website. Link: https://www.olympusdao.finance/transparency#quarterly-report The Olympus DAO Council will attend the scheduled community call on Thursday 4PM EST to discuss the quarterly report and answer questions.About Olympus Olympus is building OHM, a community-owned, decentralized and censorship-resistant reserve currency that is asset-b... 
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Mint & Sync
Deepening OHM Liquidity With Mint & Sync One of the primary objectives outlined in the Olympus12 Action Plan is to bootstrap deep OHM liquidity. As discussed in the plan, the ideal reserve currency is highly liquid and can be easily exchanged for other assets, products and services. To date, Olympus has utilized liquidity bonds as a means of acquiring protocol-owned liquidity. These bonds have been highly successful, enabling Olympus to control 99% of its liquidity. Another objective discussed in Olympus12 is to position OHM as a unit of account, meaning that other assets are denominated in the currency. In order to achieve this goal, many different liquidity pools will need to be initiated, maintained, and cultivated to ensure OHM is paired against a variety of different assets. However, it is not always feasible or desirable for the protocol to launch liquidity bonds for all of these pairs. Furthermore, as emissions grow OHM’s supply it is critical that liquidity increases concurrently so that users can easily exchange OHM with minimal slippage. Mint & Sync, a brand-new protocol functionality from Olympus, puts us much closer to achieving these goals. Mint & Sync: Function and Benefits Through OIP-93, the community approved the introduction of Mint & Sync, which:Leverages the “sync()” function available on xyk AMMs to mint OHM emissions directly into liquidity pools with each rebase.Incentivizes c...
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Olympus Fundamentals: Encouraging Usability Through The Utility Pillar
Ohmies, Welcome back to the final part of the Olympus Fundamental Series. If you’re new or need a refresher, you can read the first Olympus Foundations article, where we provide an overview of OlympusDAO and who we are, what we’re building, and why we’re doing it. Olympus is being built with three supporting structures:Reserve Pillar to establish Purchasing PowerLiquidity Pillar to foster Universal AcceptanceUtility Pillar to encourage High Usability In the last article, we dove deep into the Liquidity Pillar, which is responsible for OHM’s tradeability and universal acceptance as a deeply liquid asset. Prior to that, we explained the Reserve Pillar and its responsibility for OHM’s growth, stability, and positioning as a decentralized digital asset. With a solid reserve and robust liquidity pillar, the third and final supporting piece is the Utility Pillar.The Utility Pillar The Utility Pillar is responsible for how OHM is utilized throughout the digital economy. The ultimate purpose of having a trusted, backed, and deeply-liquid reserve asset is being able to use it with confidence. Whether that’s in the realm of decentralized finance, NFTs, or exploring the metaverse, we want to encourage anyone and everyone to use OHM across Web3. The concept of building utility can be categorized into two layers. The EconOHMy is the first layer of this pillar. For a thriving ecosystem, there must be protocols and DAOs who ...
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The Olympus Treasury Dashboard
One of the most incredible facets of DeFi organizations is the fact that most things on the balance sheet are transparent if you know where to look. It is commonplace for protocols to list all of their smart contracts, treasury addresses, and multi-sig wallets in their official documents so that DeFi participants can see, on the ledger of the blockchain, what those protocols are holding. However, this is a double-edged sword. That information is often quite tedious to sift through, and may take you across many different block explorers or through multiple chains just to figure out where everything is. Olympus disrupts all of this with the new Treasury Dashboard. In an effort to bring you the most transparency with the least amount of investigation as possible, we constructed a centralized location where all of our decentralized assets can be viewed. Partnering with Multifarm, we are creating a dashboard that includes every bit of information you would ever need or want to know about the Treasury; its strategies, its held positions, and more. Allow this document to act as a guide to using the Treasury Dashboard. Let’s dive into some of the components: Overview This is the same section you know and love, which greets you when you enter the Olympus app every day to check your balances and see how the market is shaping up. We haven’t changed this at all as it already does a great job of giving you a bird’s eye view of Olympu...
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Olympus Fundamentals: Universal Acceptance Through The Liquidity Pillar
Ohmies, Welcome back to the Olympus Fundamental Series. If you’re new here, go back and check out the Olympus Foundations article, in which we presented an overview of OlympusDAO about who we are, what we’re building, and why we’re doing it. Next, how Olympus is being built can be broken down into three supporting structures:Reserve Pillar to establish Purchasing PowerLiquidity Pillar to foster Universal AcceptanceUtility Pillar to encourage High Usability Last time, we reviewed the Reserve Pillar that’s responsible for #OHM’s growth, stability, and positioning as a decentralized digital asset. In this article, we’ll talk about Liquidity. If you’ve spent time in decentralized finance or other markets, you’ll know that liquidity is an important factor in financial operations. Liquidity is the efficiency or ease in which an asset can be converted without a significant impact on the market or price. In OHM’s case, reserve currencies need to be highly liquid and easily exchanged for other assets, products, and services. In the simplest terms, you want to use a form of money that can be cashed in anywhere. Our solution to this task is the Liquidity Pillar.The Liquidity Pillar The Liquidity Pillar is responsible for OHM’s tradeability and universal acceptance as a deeply liquid asset. With the support of a solid Reserve Pillar, liquidity becomes Olympus’ second act in the DeFi ecosystem. There are three aspects...
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Olympus Fundamentals: Preserving Purchasing Power Through the Reserve Pillar
Welcome Ohmies, In the first part of the Olympus Fundamentals series, we shared the foundations of Olympus by defining the Who, What, Why, and How of Olympus. In short, OlympusDAO is building OHM, a community-owned, decentralized, and censorship-resistant reserve currency that is deeply liquid, asset-backed, and used widely across Web3. Built on top of this strong foundation are three important pillars that support this mission:Reserve Pillar to establish Purchasing PowerLiquidity Pillar to foster Universal AcceptanceUtility Pillar to encourage High Usability In this article, we’ll dive into the Reserve Pillar to explore how Olympus is establishing OHM’s purchasing power so you can feel confident using it in the digital economy.The Reserve Pillar The Reserve Pillar is responsible for OHM’s growth, stability, and positioning as a decentralized digital asset. In contrast to the incumbent fiat system that’s declining in value due to inflation, our goal is to build real purchasing power that withstands the test of time. To accomplish this we have been focusing on strengthening the Reserve Pillar continually since Olympus’ inception. Two main layers make up the Reserve Pillar: Community Experience forms the first layer of the Reserve Pillar. Our community is the lifeblood of Olympus, and we want to curate user experiences that make it easy for new and existing Ohmies to participate in the Olympus ecosystem. Here are ...
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OlympusDAO Fundamentals: The Foundations of Web3’s Decentralized Reserve Currency
OlympusDAO is building OHM, a community-owned, decentralized and censorship-resistant reserve currency that is deeply liquid, asset-backed, and used widely across Web3. Welcome to OlympusDAO We invite everyone to join our mission to become the global, community-owned, and decentralized financial reserve system for web3. In fact, OlympusDAO has attained astounding success in its first 12 months, onboarding more than 85k Ohmies into the DeFi space. We’re proud to have over 150 individuals dedicated to building Olympus, having gone from 0 to 60 developers in our first year, the most of any protocol in DeFi. This was achieved by word of mouth alone, thanks to our strong, non-stop growing community! Plus, there’s 50 partnerships lining up to join forces with OlympusDAO, with more coming across the threshold each day. As newcomers arrive, this may seem overwhelming and often have questions about Olympus’ intricate mechanics, ambitious mission, and passionate culture. More often than not, they are new to blockchain projects entirely and pose broader questions about how this new decentralized economy fits together. In this foundational piece, we’ll help guide you to an understanding of the basics of Olympus by answering some simple questions, which we’ll call the Who, What, Why, and How of Olympus. We’ll then review the three supporting structures of this foundation; The Reserve, Liquidity, and Utility Pillars. Let’s...
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First Principles of Liquidity: Olympus’ Balancer Pool
Occasionally, enterprises arise together that complement each other in astounding ways. Through Olympus’ collaboration with Balancer, we have realized one of those distinct alignments. Balancer, with it’s novel and limitlessly custom liquidity pools, along with LBP (Liquidity Bootstrapping Pool) front-ends facilitated by both Copper and PrimeDAO; will create a harmonious symbiosis within the Olympus ecosystem and create a stronger econohmy. By migrating $7.5m in OHM, ETH, and DAI to Balancer Protocol, we are creating deep liquidity for $OHM as an asset within Balancer. The seeding of this liquidity will bring about new ways that protocols can use $OHM when enacting initial raises for capital and then own that liquid capital through Olympus Pro. What is Balancer? To put it simply, Balancer is a flexible liquidity pooling service that can act as a DEX, automated portfolio manager, liquidity provider, or price sensor all in one. Balancer pools, unlike traditional liquidity pools, can contain two or more tokens for traders to swap between. Just like other DEXs, pool providers still get fees from transactions happening within liquidity pools just like they would with two token pairs. However, in the case of Balancer, fragmenting the liquidity over multiple assets allows for a lesser impact on price than a two-token system. Balancer also gives pool organizers the option to incorporate variable weighting which allows for balance...
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Introducing Inverse Bonds
Inverse Bonding is a new tool for OlympusDAO to increase $OHM’s liquid backing and absorb market volatility. Bonding has always been the cornerstone of Olympus. We put ourselves on the map by introducing bonding to DeFi as a way to drive protocol-owned liquidity (POL). Not only have we made this a reality for ourselves (with 99% POL), but innovations like Olympus Pro have brought the power of bonding and POL to many other protocols. Now, it’s time to introduce a new bonding innovation: inverse bonds. Inverse bonds are part of an overarching strategy, defined in Olympus12, that seeks to produce value for Olympus holders through a strong Treasury. This cements our position as the reserve currency and central bank of DeFi. OlympusDAO aims to build the decentralized reserve currency of DeFi. With an ambitious aim, comes a willingness to do whatever it takes to bring this mission to fruition. That’s easy to say when it’s smooth sailing in the green sea of Up Only. However, in the rough waters of challenging market conditions, it involves digging deep to ensure that our value is properly established and preserved. Fortunately, the DAO is fully aware of this dynamic and has put time and effort into creating OIP 76 to introduce inverse bonding as a policy lever. Inverse bonds allow Olympus to create a means to bring OHM out of circulation, which increases the backing per OHM on every inverse bond that is executed below liquid...
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OlyZaps V2
Lightning has struck again! We are pleased to announce that OlyZaps V2 is live! The first iteration of OlyZaps was launched last year to allow Ohmies to easily swap any crypto assets into sOHM in one simple action. Instead of going to an exchange to get OHM then returning to Olympus to stake, Ohmies were now able to do this all-in-one transaction by “zapping” right in the Olympus app. Through our mission to increase OHM’s utility, one of the results we find most potent is providing the best possible DeFi experience directly within Olympus. Now, we’re continuing that theme by launching OlyZaps V2 with a bundle of upgrades. First and foremost, OlyZaps will now dispense V2 assets. No need to worry about V1 OHM vs V2 OHM tokens. If you’re unfamiliar with those differences, check out this article about our recent token migration. Plus, as an added benefit, users now have the choice between zapping to sOHM or gOHM. We’ve added this flexibility to allow Ohmies to customize zapping to their specific needs. OlyZaps V2 now also fetches the best market rates for maximum capital efficiency. This is possible through using the 0x API for swapping into each asset. 0x API, as the liquidity endpoint for DeFi, is the most accurate way to aggregate all price data from liquidity pools for sapper assets. As if these changes weren’t enough, the developers put the cherry on top by revamping the contracts to work in some gas savings ...
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