Origin Dollar (OUSD) price, chart, coin profile and news

Find the latest Origin Dollar (OUSD) price, coin profile, news and history to get you started with Origin Dollar trading and investing.

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What is Origin Dollar?

The Origin Dollar, or OUSD, is a US dollar stablecoin associated with the Origin Protocol decentralised finance (DeFi) application. Original Protocol aims to bring DeFi and non-fungible tokens (NFTs) to a mainstream audience through its set of innovative products, which includes OUSD.

Unlike traditional stablecoins, OUSD continuously earns yield when held in a user’s wallet. This is achieved through the use of other stablecoins that exist within the cryptocurrency industry. Each OUSD coin is backed 1:1 by other stablecoins, including USDT, DAI, and USDC. As USDT, DAI or USDC is deposited within the Origin Protocol, OUSD is minted. The underlying USDT, DAI or USDC stablecoins are then lent to other decentralised finance (DeFi) platforms, such as Curve or Aave, which allows a yield to be generated for holders. OUSD maintains its peg with the US dollar thanks to its stablecoin reserves and also generates an annual percentage yield for token holders.

According to the Origin Dollar documentation, OUSD only integrates with lending protocols that offer over-collateralised loans with smart rules regarding liquidations. This ensures that the risk of liquidation remains as small as possible. All pool fees collected from the interest, trading, and rewards of DeFi applications are then converted into OUSD and offered as yield to token holders. The Origin Protocol aims to maximise these yields wherever possible by moving assets in and out of various liquidity pools within the DeFi sector.

Origin Dollar (OUSD) is the 375th largest cryptocurrency in the world by market cap, valued at $63,530,851. The current price of Origin Dollar is $1.43, which is 0.047% higher than yesterday. Prices have ranged between $1.43429 and $1.42183756 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 19, 2022 02:05 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Origin Dollar (OUSD) price

Use our graph to track the performance of (OUSD) over time.

Origin Dollar at a glance

Information last updated May 19, 2022 02:05 UTC.
Coin symbol OUSD
Coin Marketcap AUD$63,530,851
Total OUSD supply 63,563,619
Circulating OUSD 63,563,619
Current price AUD$1.43
All time high AUD$15.2581
All time high date May 18, 2021

Origin Dollar price performance over time

Historical prices compared with the price of $1.43.

1 hour 0.09%
24 hours 0.05%
7 days 1.30%
14 days 0.55%
30 days 0.29%
60 days 0.23%
200 days -0.47%
1 year 1.96%

Disclaimer: Cryptocurrencies, including Origin Dollar, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of OUSD is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Origin Dollar or any other cryptocurrency discussed.

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