Total Value Locked$5.42m
TVL by Chain
Ethereum$5.42m
Key Metrics
Fees 30d$32,481
Fees 30d by chain
Ethereum$32,481
Fees 7d$7,557
Ethereum$7,557
Fees 24h$1,065
Ethereum$1,065
Cumulative Fees$6.28m
Ethereum$6.28m
Revenue 30d$6,503
Revenue 30d by chain
Ethereum$6,503
Revenue 7d$1,513
Ethereum$1,513
Revenue 24h$213
Ethereum$213
Cumulative Revenue$836,430
Ethereum$836,430
Holders Revenue 30d$6,503
Holders Revenue 30d by chain
Ethereum$6,503
Holders Revenue 7d$1,513
Ethereum$1,513
Holders Revenue 24h$213
Ethereum$213
Cumulative Holders Revenue$836,430
Ethereum$836,430
Staked$11.95m
Protocol Information
Origin Dollar (OUSD) is a yield-bearing stablecoin backed by USDC. Its yield comes from lending USDC through curated Morpho vaults on Ethereum, Base and HyperEVM, and from an AMO that provides OUSD/USDC liquidity on Curve. It is distributed by automatically rebasing holders' balances.
Part of Origin Protocol
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Yield earned by OUSD vault strategies (Curve, Convex, Morpho, etc.) before Origin's performance fee.View code on GitHubRevenue: OUSD yield × trusteeFeeBps read on-chain from the OUSD vault (currently 20%).View code on GitHubHolders Revenue: Performance fee distributed to OGN stakers.View code on GitHubYields
Pools Tracked1
Average Supply APY6.09%
Largest Pools by TVL
OUSDEthereum$5.41m
Competitors
Origin Dollar history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Apr 28, 2021 to Nov 15, 2026.
All-time high TVL: $298.16m on Jan 1, 2022. All-time low TVL: $4.9m on Nov 12, 2024.
Daily TVL, Oct 17, 2026 to Nov 15, 2026
| Date | TVL |
|---|---|
| Oct 17, 2026 | $6.31m |
| Oct 18, 2026 | $6.32m |
| Oct 19, 2026 | $6.32m |
| Oct 20, 2026 | $6.32m |
| Oct 21, 2026 | $6.33m |
| Oct 22, 2026 | $6.33m |
| Oct 23, 2026 | $6.06m |
| Oct 24, 2026 | $6.07m |
| Oct 25, 2026 | $6.07m |
| Oct 26, 2026 | $6.07m |
| Oct 27, 2026 | $6.07m |
| Oct 28, 2026 | $6.07m |
| Oct 29, 2026 | $5.94m |
| Oct 30, 2026 | $5.91m |
| Oct 31, 2026 | $5.88m |
| Nov 1, 2026 | $5.88m |
| Nov 2, 2026 | $5.88m |
| Nov 3, 2026 | $5.85m |
| Nov 4, 2026 | $5.85m |
| Nov 5, 2026 | $5.72m |
| Nov 6, 2026 | $5.7m |
| Nov 7, 2026 | $5.7m |
| Nov 8, 2026 | $5.7m |
| Nov 9, 2026 | $5.7m |
| Nov 10, 2026 | $5.43m |
| Nov 11, 2026 | $5.43m |
| Nov 12, 2026 | $5.43m |
| Nov 13, 2026 | $5.43m |
| Nov 14, 2026 | $5.43m |
| Nov 15, 2026 | $5.41m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $6.53m |
| Jan 31, 2025 | $9.1m |
| Feb 28, 2025 | $9.05m |
| Mar 31, 2025 | $7.42m |
| Apr 30, 2025 | $6.95m |
| May 31, 2025 | $7.57m |
| Jun 30, 2025 | $10.05m |
| Jul 31, 2025 | $9.23m |
| Aug 31, 2025 | $9.51m |
| Sep 30, 2025 | $9.54m |
| Oct 31, 2025 | $9.57m |
| Nov 30, 2025 | $9.6m |
| Dec 31, 2025 | $9.27m |
| Jan 31, 2026 | $8.65m |
| Feb 28, 2026 | $7.04m |
| Mar 31, 2026 | $7.56m |
| Apr 30, 2026 | $5.66m |
| May 31, 2026 | $5.59m |
| Jun 30, 2026 | $7.41m |
| Jul 31, 2026 | $6.05m |
| Aug 31, 2026 | $5.71m |
| Sep 30, 2026 | $5.49m |
| Oct 31, 2026 | $5.88m |
| Nov 15, 2026 (latest) | $5.41m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $296.33m |
| Dec 31, 2022 | $49.06m |
| Dec 31, 2023 | $13.95m |
| Dec 31, 2024 | $6.53m |
| Dec 31, 2025 | $9.27m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $69,446 | $13,891 | $13,891 |
| Jan 2025 | $122,941 | $24,587 | $24,587 |
| Feb 2025 | $49,494 | $9,900 | $9,900 |
| Mar 2025 | $29,055 | $5,807 | $5,807 |
| Apr 2025 | $24,084 | $4,818 | $4,818 |
| May 2025 | $18,210 | $3,642 | $3,642 |
| Jun 2025 | $28,745 | $5,751 | $5,751 |
| Jul 2025 | $23,937 | $4,779 | $4,779 |
| Aug 2025 | $21,328 | $4,267 | $4,267 |
| Sep 2025 | $21,220 | $4,239 | $4,239 |
| Oct 2025 | $28,344 | $5,659 | $5,659 |
| Nov 2025 | $18,849 | $3,767 | $3,767 |
| Dec 2025 | $18,524 | $3,705 | $3,705 |
| Jan 2026 | $23,842 | $4,770 | $4,770 |
| Feb 2026 | $24,723 | $4,954 | $4,954 |
| Mar 2026 | $28,468 | $5,702 | $5,702 |
| Apr 2026 | $29,871 | $5,981 | $5,981 |
| May 2026 | $29,877 | $5,979 | $5,979 |
| Jun 2026 | $31,494 | $6,300 | $6,300 |
| Jul 2026 | $34,123 | $6,823 | $6,823 |
| Aug 2026 | $30,506 | $6,105 | $6,105 |
| Sep 2026 | $35,157 | $7,032 | $7,032 |
| Oct 2026 | $34,040 | $6,814 | $6,814 |
| Nov 2026 (to date) | $15,142 | $3,031 | $3,031 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/origin-dollar
Frequently asked questions
What is Origin Dollar's TVL?
As of Nov 15, 2026, Origin Dollar has $5.42m in total value locked. TVL has decreased 14.1% over the past 30 days.
What chains does Origin Dollar operate on?
Origin Dollar operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Origin Dollar generated in fees and revenue?
Over the past 30 days, Origin Dollar generated $32,481 in fees. Of that, $6,503 was protocol revenue. Based on the trailing year, the annualized rate is $344,744 in fees and $68,991 in revenue.
How does Origin Dollar's TVL compare to similar protocols?
Among Yield Aggregator protocols tracked by DefiLlama, Origin Dollar ranks #21 by TVL. The category holds $1.031b across 193 protocols, and Origin Dollar accounts for 0.5% of that total. Similar protocols include CIAN Yield Layer, Fluid Lite, Yearn Finance, Beefy, Vesper V1, YO Protocol, vfat.io, Harvest Finance, Syntropia, and Superform.
How many yield pools does Origin Dollar have?
DefiLlama tracks 1 Origin Dollar yield pool with an average APY of 6.1%.