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Compound USD Returns Seamlessly
Superior stablecoin yield. Full capital control.
APY
7.24%
TVL
$742만
Total Yield Generated
$740만
A high-yield, low risk DeFi strategy
Grow your stablecoin portfolio by swapping USDC, USDT, or DAI to OUSD. Yields are generated on-chain, distributed directly to your wallet, and compounded automatically. Your funds are never risked on speculative positions.
7.24%
Trailing 30-day APY
4 6 8 10 12 14 October 2024 April July
Fully transparent on the Ethereum blockchain
Funds are deployed to automated, on-chain, blue-chip stablecoin strategies. There are no gatekeepers or centralized money managers and governance is entirely decentralized.
Current yield sources & allocations
Yield source
Allocation
Morpho
$5,640,762
(76.02%)
Morpho Aave USDT
Morpho Aave USDT
32.04%
Morpho Aave USDC
Morpho Aave USDC
43.98%
Morpho adds a peer-to-peer layer on top of Compound and Aave allowing lenders and borrowers to be matched more efficiently with better interest rates. When no matching opportunity exists, funds flow directly through to the underlying protocol. OUSD supplies stablecoins to three of Morpho's Compound markets to earn interest. Additional yield is generated from protocol token incentives, including both COMP (regularly sold for USDT) and MORPHO (currently locked).
Maker
$1,778,805
(23.97%)
DAI
DAI
23.97%
MakerDAO is the decentralized organization responsible for issuing DAI. The Dai Savings Rate (DSR) is a key mechanism of the Maker protocol designed to stabilize the value and supply of DAI by incentivizing users to hold and save it. OUSD utilizes the DSR as its base strategy for earning yield from DAI holdings.
Unallocated
$20
(0.00%)
DAI
DAI
0.00%
USDT
USDT
0.00%
USDC
USDC
0.00%
Some copy about unallocated amounts
Security first
OETH’s battle tested codebase has been built with an unerring commitment to best-in-class security.
Audited 12+ times by world-class experts
Changes to the protocol are reviewed by internal and external auditors on an ongoing basis.
OpenZeppelin
OpenZeppelin
Trail of Bits
Trail of Bits
Narya
Narya
48-hour timelock
If a malicious governance vote were to ever pass, users are given 48 hours to withdraw their funds before any new code is implemented.
Timelock
Bug bounties
A $1,000,000 reward is offered through Immunefi, Web3's leading bug bounty platform. No major vulnerability has been identified in OETH's open-source code.
Immunifi
Review audits
Not-so-secret sauce
Multiple factors contribute to OUSD outperforming its underlying strategies, but there’s one big one. While 100% of the collateral is used to generate yield, only some of the OUSD in circulation is receiving that yield.
Secret Sauce
Governed by $OGN stakers
OETH's future is shaped by voters who lock their OGN and participate in decentralized governance.
OGN price
$0.0976
Market cap
$57,575,422
Circulating supply
590,002,783
Total supply
1,409,664,846
OGN
OGN is listed on top exchanges
Binance Coinbase
Stake OGN
To Earn OGN
Control the future of OETH and profit from its growth.
Earn rewards
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