what's olympusdao?
OlympusDAO is a decentralized finance (DeFi) protocol that operates as a reserve currency system, with OHM serving as its community-owned, censorship-resistant token backed by a diversified treasury of stable assets like ETH, BTC, and stablecoins. The project emphasizes sustainable growth through mechanisms such as bonding, staking, and rebasing to maintain OHM's value and liquidity. It features one of the largest treasuries in DeFi, enabling protocol-owned liquidity and support for ecosystem expansions. OlympusDAO aims to create a stable, scalable digital asset that functions as a store of value in the crypto economy, with integrations across chains like Ethereum and Base.
OlympusDAO to host a community call on Jan 8 for protocol updates, treasury insights, and Q&A.
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Hosts a community call on 2026-01-08 at 15:00 UTC featuring protocol updates, treasury insights, and live Q&A.
OHM trades at x9+ above modified Net Asset Value (mNAV) after holding steady for the past year.
Governance voting on Convertible Deposits proposal begins in 3 days. Users can deposit stablecoins for 1-3 months to buy OHM at a discount if price rises or borrow against deposits with no liquidation risk.
An individual clarifies they are not building an OHM fork and advises people not to follow, addressing potential confusion or misinformation in the market.
OHM reaches $4 billion milestone in a key metric.
A conviction round ICO for $MEGA token is taking place, followed by an unlocked sale phase. (ID: 1986391575405154679)
$60M in funds are subject to legal recovery efforts. (ID: 1986067292065784236)
OHM deployment on MegaETH blockchain is in progress.
Treasury deploys $10 million into sUSDe (Ethena's staked USD) during October.
A proposal exists to shift treasury operations from sUSDS farming at 4.75% to higher yield sources, targeting a 50% increase in annual OHM buybacks through the Yield Repurchase Facility.
A convertible deposit product launch is upcoming, with traders discussing capital allocation strategies to participate in the launch.
Berachain partnership deteriorates with disputes over OIP-87, POL adjustments, and hOHM/OHM vault, leading to OlympusDAO community members leaving the chain.
Smart Money records $100K net inflow over past 24 hours. 35%+ of holders max borrow against their OHM through Origami Finance to leverage loop and buy more tokens.
Smart Money holdings surge +25.9% in 24 hours, the largest increase among all holder groups, while Top 100 addresses, whale, and exchange balances remain flat.
The emissions manager actively sells OHM bonds when price reaches $23.3, representing a 100% premium above backing and a resistance level. Community members criticize this threshold for creating supply overhang that hinders market dynamics.
Nansen AI's weekly analysis identifies $OHM as one of three tokens showing Smart Money activity this week.
Treasury deploys $10M into sUSDe following governance vote approval, deepening collaboration with Ethena Labs for return-generating assets.
Community member claims Sandbox Tree Capital (which published a high conviction article on October 12th) is OHM holders misrepresenting themselves as a fund to promote their holdings rather than legitimate institutional interest.
Upcoming Convertible Deposits (CD) product will allow market participants to farm yield while maintaining exposure to price appreciation, described as a "big unlock" for the protocol.
Community alert warns against shilling activity promoting unrealistic 'up-only machine' claims about new protocol mechanisms.
Sandbox Tree Capital publishes article naming OHM as their next high conviction bet, while dcf cap and other entities accumulate large positions.
OHM is now live on Base DEX (Coinbase DEX), providing users in all regions direct access to purchase the treasury-backed token through the on-chain platform.
OHM lending yield climbs to 20.8% APY with $1.4M market on Peapods Metavaults (October 7th), up from 18.5% three days prior, while the platform reaches all-time high TVL near $60M.
OHM lending yield on Peapods Metavaults rebounds to 18.5% APY (October 4th) from 12.5% on October 3rd, while market size expands to $1.4M from $1.2M, reversing the recent yield compression trend.
OHM lending yield on Peapods Metavaults drops to 12.5% APY (October 3rd) from 16.4% reported on October 1st, while market size expands to $1.2M from $1.0M, indicating yield compression despite growing market demand.
OHM lending yield on Peapods Metavaults declines to 16.4% APY (October 1st) from 22.5% reported on September 30th, with market size remaining stable at $1M.
OHM lending yield surges to 22.5% APY with market size expanding to $1.0M on Peapods Metavaults, up from 2.4% yield and $377K market size nine days earlier.
$OHM gains support on Coinbase's official DEX, providing direct exposure to millions of users through Coinbase's on-chain infrastructure with progressive geographic rollout.
OHM lending yield increases to 2.4% with market size at $377K, up from the previous 2.1% yield.
OHM lending yield on Peapods drops to 2.1% with market size declining to $383K, down from 2.8% yield and $700K market size reported four days earlier.
A fireside chat with the Olympus team is scheduled for September 18th at 2PM UTC on X to discuss Convertible Deposits and how they enable users to put stablecoins to work.
$pPEAS lending feature launches with current Metavault yields showing 2.8% on OHM across a $700K market size.
VCs offered to raise funding for OHM at a $100 billion valuation, but the DAO rejected the offer to maintain organic growth.
TVL crosses $100M for the first time while revenue reaches record high of over $300K in the past 7 days, with new larger lending pods launched for $WILD, $BANANA, and $ONDO tokens.
Lending market TVL decreases to approximately $20.6M with updated yield structures showing maximum 32.8% APY on USDC and 20% on OHM, down from previous peaks of 208.3% APY reported in late August.
New Convertible Deposits feature launching soon, enabling stablecoin deposits with discounted OHM conversion rights.
New specialized lending pods launch with up to 208.3% APY on USDC-pNUMA pair, while metavaults maintain stable yields between 2.9-14.2% across $23.4M total market size.
New Rage presale launches with $100k raised, featuring Peapods and protocol integrations
Lending market reaches $23.7M total value locked with new specialized pods offering up to 110.6% APY through pNUMA vault on Sonic network.
Lending market expands to $15.2M TVL across multiple pools, with new USDC vault offering 14.9% APY on Ethereum and specialized pods providing up to 26.1% yields.
New Solana-based platform in development featuring OHM backing and Cooler Loans integration for funding.
Token now supported in Coinbase Wallet with full infrastructure integration, preceding planned DEX listing.
Warning: Suspicious fork announcement with unrealistic 1M% APY claims indicates possible scam attempt.
Lending market reaches $1.9M with up to 35.6% APY available through Ethereum-based Peapods vaults.
Liquidity doubles to $1M on Base with upcoming Coinbase DEX listing planned
New sUSDS vault launches on Ethereum through Morpho Labs partnership, enabling yield-bearing stablecoin deposits and borrowing against Pendle/Resolv tokens.
New $zBTC airdrop announced with eligibility limited to top 100 creators on Galxe starboard.
Token requirement for $50k raffle participation decreasing due to burn mechanics, potentially increasing winning odds for participants.
$MACRO implements raffle system with 10k USD rewards for winners, requiring approximately 1800 tokens per 9 raffle tickets.
New token $MACRO launches on BASE blockchain with 6-7M circulating supply (30% of total) at $4-8M market cap, reportedly connected to original developer team.
Whale wallet withdraws $100k from protocol, indicating significant profit-taking activity.
OHM-HONEY gauge leads epochal votes with 20.44% share, maintaining top position among all gauges.
Market participants with fork trading experience gain edge for anticipated opportunities in coming months.
Major protocol update scheduled for July 17 featuring new product launches (ZeusStack & APOLLO V2) and strategic partnerships with MarinadeFinance and MonkeDAO.
Farming yields continue sharp decline with pHOHMLONG now at 57.7% APY, dropping significantly from 78.8% reported yesterday.
Lending yields continue declining with phOHM now at 78.8% APY, dropping further from 89% reported on July 4th.
Lending yields through Peapods drop significantly with maximum APY now at 89% for phOHM, down from previous 103% reported earlier this month.
New integration with Peapods Finance platform offers up to 103% APY on lending, attracting multiple 6-7 figure deposits.
Cooler Loans protocol upgrades to V2, requiring previous delegates to re-delegate their voting power to maintain governance participation.
Protocol reaches $30M TVL milestone, targeting $50M next benchmark.
Lending yields show recovery pattern with OHM Metavault at 51.6% and phOHM Pod at 92.5% APY.
U.S. Federal Housing director announces support for crypto as mortgage-eligible collateral, signaling potential expansion of DeFi lending use cases into traditional mortgage markets.
New .ohm domain service launches through Unstoppable Web partnership, enabling onchain identity for community members.
Major yield reduction occurs across lending products with 16.2% decrease in Metavault and 97.1% decrease in Isolated Pod yields
Single-sided lending APY reaches 256.1% with Isolated Pod yields hitting 246%, showing substantial increase from previous 160% rate.
Metavault APY increases to 94.9%, marking 28.6% jump from previous rate while maintaining direct OHM payouts.
Isolated Pod yields surge to 160% APY while Metavault maintains strong 73.8% APY, marking highest return rates since product launch.
Isolated Pod yields increase to 137.1% APY, marking a 10% recovery following previous week's substantial decline.
Major yield adjustment shows 21.8% decrease in Isolated Pod returns and 8.2% reduction in Metavault yields
Implements Chainlink CCIP for secure cross-chain OHM transfers between Ethereum and Solana, adopting Cross-Chain Token standard following successful community vote. CCIP integration with Chainlink enables cross-chain OHM transfers, starting with Solana expansion.
Two distinct yield products now available: Metavault offering 69.1% APY for passive strategy and Isolated Pod providing 127.1% APY for active management through phOHM.
Peapods Finance introduces risk-minimized OHM vault offering 75% APY without traditional protocol constraints.
Market sentiment shifts away from long-term staking protocols due to historical failures, indicating reduced appetite for lock-up mechanisms and increased scrutiny of sustainability.
New hOHM product launches with Origami, featuring treasury-backed credit and oracle-free borrowing.
New protocol features and supply constraints create enhanced demand conditions.
New hOHM token launches, enabling leveraged exposure to enterprise value through backing-collateralized borrowing.
Fundamental monetary narrative fails to materialize despite social efforts, indicating systemic risk in value proposition.
New lending protocol launches with 0.5% fixed rate perpetual borrowing and no price-based liquidations.
Treasury reaches $190M in Protocol Owned Liquidity while successfully transitioning from high emissions to near-zero inflation through bond sales.
200 zBTC minted in latest protocol activity.
Fork proliferation and subsequent failures have historically compromised original protocol mechanisms, indicating elevated systemic risk when multiple copycat projects emerge.
All fork competitors have failed or pivoted, establishing sole market dominance in protocol category.
Previous investor warns about Ponzi-like characteristics of the project based on personal experience.
Founder breaks 4-year silence with first podcast appearance, discussing successful launch of Cooler Loans V2.
Protocol deploys sUSDS into MorphoLabs curated vault, expanding lending capabilities with Gauntlet partnership.
Project leader breaks 4-year media silence with upcoming podcast discussing strategic shift to pragmatism.
Token sale cancelled and converted to free airdrop for participants. Product generates $445k weekly revenue.
Complete withdrawal from bribe economy signals major shift in protocol incentives.
New DeFi protocol launches on Berachain with backing from three major protocols, featuring yield mechanisms and POL integration.
Temple DAO operates $13.7M OHM/HONEY pool at 136% APY with $20M additional tokens available for farming.
Token crashes 80% in under one hour, eliminating $5B in market capitalization.
New incentive program launches with 150 OHM per epoch matching for next 4 epochs through partnership expansion.
Net incentives of 30,000 OHM ($800k) distributed to validators are being consistently sold into the market, creating sustained sell pressure.
Sharp 10.18% price decrease in 24-hour period signals significant selling pressure.
Active yield farming opportunity offers 100% APR through LSTs.
New leveraged yield farming platform launches in 6 days, featuring liquidation-resistant positions and derivative token integration.
gOHM trades at 130% premium over backing value ($7,350 vs $3,200) with active yield farming opportunities.
Demonstrates consistent upward price movement since May 2022 while both crypto and traditional markets decline.
Steady price appreciation continues with 35% YTD and 20% monthly gains.