Origin Dollar

$6M market cap

Issued by Origin Protocol · reviewed 8 September 2026

Market cap: $6M +0.18% 7d
30-day trend
Volume / market cap: 0.3%
Peg drift, 30 days: 0.32%

Market data as of 8 September 2026, the same daily snapshot the tracker publishes. Peg drift is the largest single-day distance from par over the last 30 days, for USD-pegged tokens only.

Last verified 2026-07-11. 3 of the 9 fields shown are recorded but not yet verified and are marked below; 3 further tracked fields are not recorded.

OUSD is a USD-pegged, yield-bearing token launched in 2020. Origin documentation states that OUSD is currently backed by USDC and generates yield through Morpho and Curve strategies, with yield distributed through rebasing.

01

Instrument facts

9 of 12 tracked fields recorded

Symbol	OUSD
Peg	USD
Backing	Crypto backed
Status	Active
Launched	2020
Networks	L1 EVM Ethereum unverified
Specifications	Backing USDC Auditor OpenZeppelin; yAudit; NetherMind; Sigma Prime Redemption Origin documentation states that OUSD can be redeemed 1:1 for USDC. If enough liquidity is in the vault, redemption occurs after a 10-minute delay; otherwise it can take up to 24 hours. unverified
Use cases	DeFi collateral, Corporate treasury
Depeg history	Date 2020-11-16 · Low price 0.54 · Cause Smart-contract exploit affecting the OUSD vault unverified

02

Supply by chain

1 chains · $6M total

Chain	Supply
Ethereum	$6M

Chains holding at least $1M of this token, from the daily cross-chain compilation. The total may differ from the market capitalization above, which is a separate measurement.

03

Contract addresses

1 chain

Chain	Address
Ethereum	`0x2a8e1e676ec238d8a992307b495b45b3feaa5e86`

Addresses as recorded for this token. Verify against the issuer's own published address before sending funds.

Official site · Whitepaper

04

Background

## Overview OUSD is a USD-pegged, yield-bearing token launched in 2020. Origin documentation states that OUSD is currently backed by USDC and generates yield through Morpho and Curve strategies, with yield distributed through rebasing. ## Key Features - Rebasing token that increases holder balances as yield is distributed - 100% USDC backing under current documentation - Collateral deployed into Morpho and Curve strategies - Direct 1:1 USDC redemption through the Origin dapp ## Reserve Backing USDC. ## Supported Networks Available on Ethereum.

Compiled from issuer disclosures, on-chain data and market data. Origin Protocol · Methodology