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Olympus v2 (OHM)

Olympus v2 (OHM)

The price of Olympus v2 is $11.68, a -2.82% change over the last 7 days. Learn more about Olympus v2’s price history, how it works, and how to invest.

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Updated: Mar 21, 2023
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Overview
Markets
Historical Data
Price Statistics
Olympus v2 price today
24h Change $0.13
24h Low $11.51
24h High $11.76
Market Cap $0
Trading Volume (24h) $437.74K
Market Dominance 0%
Market Rank #2649
Circulating Supply 0
Max Supply -

No live data available

Olympus v2 markets

Spot Derivatives OTC
# Source Pairs Price +2% Depth -2% Depth Volume Updated
1
Curve (Ethereum) Curve (Ethereum)
CRVFRAX/OHM $1.00 $0 $0 4,710 Recently
2
Uniswap v3 (Ethereum) Uniswap v3 (Ethereum)
OHM/USDC $11.67 $0 $0 265,969 Recently
3
SushiSwap SushiSwap
OHM/DAI $11.36 $0 $0 249 Recently
4
SushiSwap SushiSwap
OHM/WETH $11.47 $0 $0 17 Recently
5
Balancer v2 Balancer v2
OHM/WETH $11.73 $0 $0 9 Recently
6
Balancer v2 Balancer v2
OHM/DAI $11.53 $0 $0 85 Recently
7
Balancer v2 Balancer v2
OHM/BTRFLY $10.61 $0 $0 14,360 Recently
8
Balancer v2 Balancer v2
BOND/OHM $3.06 $0 $0 8,932 Recently
9
Curve (Ethereum) Curve (Ethereum)
OHM/WETH $10.63 $0 $0 715 Recently
10
Korbit Korbit
OHM/KRW $12.08 $0 $0 0 Recently
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About Olympus v2

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Resources

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What is the Olympus v2 price today?

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The OHM price is currently $11.68. The price of Olympus v2 is +2.48% over the last 30 days. You can use the live Olympus v2 chart to track the OHM/USD price in real time above, or compare the Olympus v2 value today to its past performance using the Olympus v2 price history tab at the top of this page.

What is the total supply of OHM?

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The circulating supply is 0.00 OHM, out of a total maximum supply of 0.00 OHM.

What is the price prediction for Olympus?

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The average Olympus price prediction values the coin at $10 by the end of 2022. Things like the economic climate, establishment support and acceptance, and the crypto market as a whole can all impact the price.

It’s best to take predictions with a grain of salt but you can use expert estimates to help you understand the weight of opinion about a coin.

What is Olympus?

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Olympus is a non-pegged stablecoin. Unlike traditional stablecoins that follow the movements of a fiat currency (usually USD), OHM tokens are backed by a basket of other assets (cryptocurrencies) in its treasury. The cryptocurrency project is governed by a decentralised autonomous organisation (DAO), which means it has no central leadership team and is instead managed by users. Olympus can be used to earn income through staking – a process of providing liquidity and earning interest. OHM has some of the highest APY in the industry.

How does Olympus work?

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There are two main ways in which Olympus works. First is staking, whereby users can ‘stake’ their OHM coins and earn interest. Every few hours, their stake auto compounds, earning interests. The longer users have their Olympus crypto staked, the higher their interest.

The second way is through bonding. This is when users give the Olympus network liquidity by exchanging tokens for OHM coins. Users are incentivised to bond as they receive OHM tokens at a discounted price.

How is the Olympus network secured?

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Olympus is built on the Ethereum blockchain, which also secures it. Ethereum uses a proof of stake consensus algorithm, which means other users on the network verify and validate all transactions. For their work, validators are rewarded with tokens.

What is Olympus used for?

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Olympus is used for wealth creation and passive income. Users can stake their OHM coins or use bonding to earn rewards. In the future, the platform may expand to offer more utility, including other decentralised financial services.

Why does OHM have value?

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OHM is unique because it is not pegged to the US dollar. Many stablecoins are USD-pegged and since the American government controls the dollar, they are susceptible to depreciation. The Olympus DAO has created a free-floating reserve currency backed up by a basket of other cryptos; OHM can handle volatility and market fluctuation better.

Who created Olympus?

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The Olympus protocol was founded by a group of developers calling themselves Zeus, Apollo, Unbanksky, and Wartul. There is little known about the anonymous group other than Zeus is rumoured to be a teenager.

Where can I buy Olympus v2?

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You can buy Olympus v2 on a crypto exchange. An exchange is a marketplace that allows you to sign up, deposit your money, and buy some crypto, just as you would with a stock platform.

Most cryptocurrency brokers allow you to keep the coins you buy in your account. However, you may want to sign up for a dedicated crypto wallet for some extra security.

Are there any other ways to invest in Olympus v2?

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The simplest way to invest in Olympus v2 is to buy it outright. However, another option is to simply open a crypto account. Crypto accounts are like regular bank accounts and allow you to store a variety of currencies, send and receive payments, earn interest on savings, and spend freely with a credit card.

You can also invest in crypto more generally through a crypto ETF or a crypto fund. These are financial instruments that give you exposure to a group of leading cryptocurrencies, more suited to high net worth individuals.

Are there any Olympus alternatives?

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Olympus is an algorithmic stablecoin. There are lots of stablecoins around and most offer a similar features to eachother. Here’s a selection of the best Olympus alternatives.

  • Tether. Tether is pegged to the dollar and is the best known stablecoin.
  • USD coin. USD coin is the second most popular stablecoin.
  • Binance coin. Binance coin was created by the Binance exchange and is also a stablecoin.

More crypto guides

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FAQs

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Is Olympus safe?
Has Olympus been hacked?
Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.

Trading ideas & analysis

Should you buy Olympus (OHM) on October 14, 2021?
October 14, 2021

Latest Olympus v2 news

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