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Olympus v1 Price

OHM
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Olympus v1(OHM) Price Live Chart

Olympus v1(OHM) Price Today

Olympus v1(OHM) price today is $119.87, with a 24-hour trading volume of $204.98 and as such Olympus v1(OHM) has a market cap of --, giving it a market dominance of +0%. The Olympus v1(OHM) price moved +0.13% in the last 24 hours.

OHM Price Data

  • 24H Volume$204.98
  • All-Time High(ATH)$496.87
  • 24H High$123.02
  • All-Time Low(ATL)$5.99
  • 24H Low$119.15

OHM Market Cap Infos

  • Fully Diluted Valuation$33.4M
  • Market SentimentNeutral

OHM Supply

  • Total Supply278.65K OHM
  • Max Supply

Olympus v1(OHM) Credibility Indicators

64.44
Reliability Score
PercentileTOP 25%

About Olympus v1 (OHM)

Contract

0x3835181...37814a899

Explorers

Website

olympusdao.finance

Olympus is an algorithmic currency protocol with the goal of becoming a stable crypto-native currency. Though sometimes called an algorithmic stablecoin, Olympus is more akin to a central bank since it uses reserve assets like DAI to manage its price. The goal is to achieve price stability while maintaining a floating market-driven price. The biggest difference between OHM and stablecoins like USDC is that OHM is backed but not pegged to a certain price. Technically, the price floor for OHM is 1 DAI, but practically a premium and the treasury value is added to the price. OHM differs from other algorithmic stablecoins like Ampleforth because it issues OHM to buy DAI and other assets and maintain a treasury. This mechanism is similar to FEI; the key difference is that FEI keeps a dollar peg, and Olympus allows its token to float.

FAQ About Olympus v1(OHM) Price

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