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Olympus DAO

Olympus DAO

Reserve currency protocol pioneering protocol-owned liquidity and bonding mechanisms

Launch Year
2021
Consensus
Proof of Stake (Ethereum)
Max Supply
Unlimited (rebase mechanism)
Block Time
~12 seconds
OHM
OHM
Olympus DAO
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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Olympus DAO Price Chart

OHM / USD
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Data by CryptoCompare

About Olympus DAO

Olympus DAO (OHM) pioneered the DeFi 3.0 'reserve currency' model and protocol-owned liquidity (POL). Instead of relying on mercenary liquidity providers (LPs), Olympus uses bonding — users sell tokens to the DAO treasury at a discount and receive OHM after a vesting period. The treasury accumulates assets (DAI, USDC, ETH) as reserve backing. The DAO controls the liquidity rather than renting it. Stakers earn sOHM rebases from treasury growth. Despite extreme volatility, Olympus introduced concepts (bonding, POL, single-sided staking) widely copied across DeFi as the (3,3) meme spread.

History

2021
Olympus DAO launches; OHM hits $1,000+ with 7,000%+ APY; '(3,3)' meme goes viral
2021
Olympus DAO forks spawn hundreds of copycat 'forks' (Wonderland, etc.)
2022
OHM price collapses 99%+ from ATH; stakers face massive dilution
2023
Olympus v3 refocuses on treasury management and real utility for OHM

How to Swap OHM

Exchanging Olympus DAO (OHM) on SyntheticSwap is straightforward and requires no registration or identity verification. OHM is an ERC-20 token built on Ethereum, so you can use MetaMask, Coinbase Wallet, Trust Wallet, or any other Ethereum-compatible wallet to send and receive it. Select OHM in the SyntheticSwap interface, choose your destination coin, enter a receiving address, and confirm the rate. Your swap processes automatically — the destination token arrives in your wallet once the Ethereum transaction is confirmed.

How to Store OHM

OHM (ERC-20) is stored in MetaMask, Ledger, or any Ethereum wallet. sOHM (staked OHM) is managed through Olympus DAO's portal with any Ethereum wallet.

Frequently Asked Questions