โ ๏ธ This coin trades very little relative to its market cap (24h volume is 0.08% of market cap). Because its reported market cap may overstate its standing, we rank it lower on this site. Check liquidity and listing exchanges before trading.
What Is Olympus (OHM)
Olympus is a decentralized finance (DeFi) protocol focused on building programmable monetary infrastructure. Its core asset, OHM, is a token backed by assets held in an on-chain treasury.
The project launched on Ethereum in 2021 and initially drew attention for its '(3,3)' model combining staking and bonding. It later moved away from high-yield emissions toward a treasury-backed, policy-driven monetary system.
Policy-Driven Mechanics
Olympus is designed around solvency, self-sustaining liquidity, and policy-driven equilibrium. It runs on-chain mechanisms such as Protocol Owned Liquidity (POL), Range Bound Stability (RBS), and the Yield Repurchase Facility (YRF).
RBS has the treasury buy and sell OHM within a defined price range to dampen volatility, while YRF uses treasury yield to repurchase OHM. The project describes these together as a programmable central bank governed by rules rather than human discretion.
Supply and Ecosystem
OHM has no fixed maximum supply; tokens are minted or burned according to protocol policy. Governance uses gOHM, a wrapped form of OHM, which lets holders vote on DAO proposals.
Cooler Loans let users borrow stablecoins from the treasury at a fixed rate using gOHM as collateral. Convertible Deposits let users deposit stablecoins and lock in a right to convert into OHM at a set price, with parameters adjusted again during 2026.
Strengths and Risks
Commonly cited strengths include treasury asset backing, protocol-owned liquidity, and transparent on-chain policy. Its multiple financial tools operating within one rule-based framework also set it apart from many projects.
However, the system is complex, and it carries smart contract risk and risk from changes to policy parameters. OHM has also experienced steep price declines in the past, and this overview is for information only, not investment advice.
