Olympus v1 Price
OHMThis cryptocurrency is not listed for trading or services on Gate.
Olympus v1(OHM) Price Live Chart
Olympus v1(OHM) Price Today
Olympus v1(OHM) price today is $120.59, with a 24-hour trading volume of $216.43 and as such Olympus v1(OHM) has a market cap of --, giving it a market dominance of 0.00083%. The Olympus v1(OHM) price moved -0.2% in the last 24 hours.
OHM Price Data
- 24h Turnover$216.43
- All-Time High(ATH)$496.87
- 24h High$124.09
- All-Time Low(ATL)$5.99
- 24h Low$119.65
OHM Market Cap Infos
- Fully Diluted Valuation$33.6M
- Market SentimentNeutral
OHM Supply
- Total Supply278.65K OHM
- Max Supply∞
*Data is for reference only
Olympus v1(OHM) Credibility Indicators
58.59
Reliability Score
PercentileBTM 65%
About Olympus v1 (OHM)
Contract
0x3835181...37814a899
Explorers
etherscan.io
Website
olympusdao.finance
Community
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.
