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Origin Dollar

Origin Dollar

Yield-bearing stablecoin that automatically earns DeFi yields while sitting in wallets

Launch Year
2020
Consensus
Proof of Stake (Ethereum)
Max Supply
Elastic (pegged to $1)
Block Time
~12 seconds
OUSD
OUSD
Origin Dollar
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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Origin Dollar Price Chart

OUSD / USD
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Data by CryptoCompare

About Origin Dollar

Origin Dollar (OUSD) is a yield-generating stablecoin created by Origin Protocol that automatically earns DeFi yields while sitting in any Ethereum wallet. Unlike traditional stablecoins that require active deployment in yield protocols, OUSD holders earn interest automatically — their wallet balance increases daily as yields accrue. OUSD is backed by stablecoins (USDC, DAI, USDT) deployed into audited DeFi strategies including Curve, Convex, Aave, and Compound. The protocol's smart contracts continuously rebalance between strategies to optimize yields. OUSD rebases automatically — the token supply expands as yield is earned, keeping the price at $1 while distributing returns through balance increases. OGN is Origin Protocol's governance token controlling OUSD's strategy allocation.

History

2020
Origin Protocol launches OUSD in September 2020 as the first auto-rebasing yield stablecoin.
2020
OUSD suffers $7M flash loan exploit; protocol rebuilds with enhanced security and audits.
2021
OUSD relaunches with improved security; yields consistently outperform simple stablecoin deposits.
2022
OUSD TVL grows; Origin Ether (OETH) launches as yield-bearing ETH liquid staking token.
2023
OGN token restructure; Origin Sonic and DeFi strategies expand yield sources.

How to Swap OUSD

Exchanging Origin Dollar (OUSD) on SyntheticSwap is straightforward and requires no registration or identity verification. OUSD 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 OUSD 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 OUSD

Store OUSD in any Ethereum wallet: MetaMask, Ledger, or Trezor. OUSD is an ERC-20 rebasing token — balance increases automatically as yield accrues.

Frequently Asked Questions