Origin Ether
OETH
#344Origin Ether
Origin Ether
DeFi · Decentralized Liquid StakingOETH#344
Mcap$77.74M$2,226.844.13%
OETH Metrics
Spot Volume (24H)
$105.70K+117.96%
Marketcap
$77.74M
FDV
$77.74M
Mindshare
Very Low
Metrics (24H)
6 Notable Posts
Circ. Supply
34,911
Max Supply
-
Mcap/FDV
100%
Total Supply
34,912
Sector Ranking
#99
About & Links
About & Links
Origin Ether (OETH) is a fully collateralized LST built by the team at Origin Protocol. OETH’s rebasing design auto-compounds in your wallet, allowing a user to earn yield without any lock-ups. Built by the team at Origin Protocol.
Sector Rank
#99
Sub-Sector Rank
#18
Contracts
API ID
OETH Performance
All Time High
$4,928-54.81%
Aug 24, 2025
Cycle Low
$1,526+45.89%
Jun 06, 2026
Trending
OETH Metrics
Spot Volume (24H)
$105.70K+117.96%
Marketcap
$77.74M
Mindshare
Very Low
Last Updated: Oct-29-2026 9:54 UTC
Origin Ether (OETH) Project Update
Origin Ether (OETH) is a fully collateralized liquid staking token (LST) built by the team at Origin Protocol. Its rebasing design auto-compounds rewards directly in a user's wallet, allowing yield to be earned without any lock-ups .
Get Caught Up
The following developments from the past 30 days are the most important for understanding where OETH stands today.
Borrow Booster: Incentivized Borrowing Powered by OETH Yield (October 24, 2025)
Origin introduced the Borrow Booster market on Morpho, which uses OETH staking yield to incentivize borrowing 2. Through a mechanism called Yield Forwarding, OETH staking yields are directed to borrowers as Merkl rewards, which can be used to pay down debt, lowering borrowing costs and stabilizing loan-to-value (LTV) ratios 2. This benefits high-leverage traders most, offering cheaper or even negative net borrow APRs, and because the model is driven by real ETH yield rather than token emissions, it is designed to be sustainable long-term 2.
October 2025 Token Holder Update
In October 2025, Origin repurchased over 9.5 million OGN, bringing cumulative buybacks to 40.6 million OGN, or 6.2% of circulating supply, with most funds directed toward staking rewards offering up to 42.3% APY 3. The protocol generated $1 million in revenue for the month, with $200,000 allocated to stakers, while the Automated Redemption Manager (ARM) expanded through integrations with protocols like YO, MEV Capital, and Summer.fi and a partnership with the Lido Ecosystem Foundation 3. OETH itself underwent a major upgrade, with audits completed, to improve validator efficiency, security, and scalability in support of institutional adoption 3.
OETH Compounding Validator Upgrade (November 4, 2025)
Following an onchain governance proposal, Origin announced an upgrade to the OETH staking system that consolidates validator infrastructure from roughly 1,000 sweeping validators down to 15 compounding validators 4. The upgrade adds built-in protections against deposit front-running and implements Merkle proof validation tied directly to Ethereum's Beacon Chain 4. This trust-minimized approach reduces reliance on external oracles for validator balance verification and strengthens OETH's security and capital efficiency 5.
Biggest Stories of 2025
The following lists everything that happened to Origin Ether and its parent ecosystem in 2025, in reverse chronological order.
- November 2025 Token Holder Update: Reported steady ecosystem progress, including a major OETH staking upgrade supported by three independent audits aimed at attracting institutional investors, and an Ether.fi eETH ARM entering private beta with a 6.4% APY and over $1.3 million in trading volume 6. (December 1, 2025)
- The End of Oracle Dependence: An article detailed how OETH advances trustless validation by eliminating reliance on third-party oracles, leveraging Ethereum's EIP-4788 to cryptographically verify validator states directly from Beacon Chain roots using Merkle proofs 7. (November 17, 2025)
- OETH Compounding Validator Upgrade: Origin announced an upgrade consolidating validators from ~1,000 to 15, adding front-running protections and Merkle proof validation tied to the Beacon Chain 4. (November 4, 2025)
- Origin Ether Staking Upgrade: The upgrade enhanced security, efficiency, and transparency, reducing validator count from 1,000 to 15, enabling deposits in any amount above 1 ETH, and introducing a two-step deposit process with front-run protection 5. (November 4, 2025)
- Origin Token Holder Update: October 2025: Origin repurchased over 9.5 million OGN (40.6 million cumulative, 6.2% of supply), generated $1 million in revenue, and completed a major OETH upgrade with audits to improve validator efficiency and scalability 3. (November 3, 2025)
- Borrow Booster: Incentivized Borrowing Powered by OETH Yield: Introduced a Morpho market using OETH yield via Yield Forwarding to lower borrowing costs and stabilize LTVs for ETH traders 2. (October 24, 2025)
- Origin Token Holder Update: September 2025: Protocol fees fueled nearly 6 million OGN in buybacks (29.8 million cumulative, 4.56% of supply), revenue exceeded $2 million, and Super OETH on Morpho attracted significant liquidity with a TVL of around $120 million 8. (October 1, 2025)
- Super OETH Pool Rebalancing on Aerodrome: Aerodrome rebalanced the Super OETH/ETH pool to its intended ratio using Algorithmic Market Operations (AMO), deploying protocol-owned liquidity to reduce slippage and deepen liquidity 9. (September 26, 2025)
- Introducing Borrow Booster: A new DeFi product on Morpho that lowers borrowing APRs by forwarding yield from yield-bearing tokens like Super OETH to incentivize lending markets, with limited-time weekly OP incentives offering up to an additional 3% APY 10. (September 18, 2025)
- July 2025 Token Holder Update: Origin launched its first full month of protocol-funded OGN buybacks, purchasing over $420,000 worth of OGN (~7 million tokens), with staking yields reaching nearly 40% vAPY and expanded integrations across Compound, Yearn, Silo, Spectra, and Summer.fi 11. (September 2, 2025)
- Origin Vault: The Levva team launched the Origin Vault on Ethereum mainnet, allocating ETH equally across three strategies including OETH, Pendle's OETH liquidity pool, and lending markets, built on the ERC-4626 standard with automated optimization and MEV protection 12. (August 11, 2025)
- Super OETH on Plume: Super OETH went live on Plume 13. (June 9, 2025)
- Update OETH Curve AMO Mint Threshold: A proposal to update the OETH Curve AMO mint threshold passed with 100% of votes in favor 14. (March 10, 2025)
- Update OETH Curve AMO Mint Threshold (Proposed): Voting began on a proposal to update the OETH Curve AMO mint threshold 15. (March 7, 2025)
- Pool Booster: Origin introduced Pool Booster, a feature allowing protocols to boost LP yields by leveraging Yield Forwarding, directing yield from OETH, Super OETH, OS, and OUSD as LP incentives rather than using emissions 16. (February 13, 2025)
- Origin Sonic (OS) Live: Origin Protocol announced that Origin Sonic, a Sonic-pegged LST supporting Yield Forwarding, was now live 17. (January 23, 2025)
- Origin Sonic (OS) Announced: Origin announced the upcoming launch of Origin Sonic, a Sonic-pegged LST set to support Yield Forwarding and benefit from Sonic's Point Program with a 4x point multiplier 18. (January 21, 2025)
- Change Harvester in OETH AMO: A proposal to change the harvester on the OETH AMO passed with 100% of votes in favor 19. (January 12, 2025)
- Change Harvester in OETH AMO (Proposed): Voting began on a proposal to change the harvester on the OETH AMO 20. (January 9, 2025)
About & Links
About & Links
Origin Ether (OETH) is a fully collateralized LST built by the team at Origin Protocol. OETH’s rebasing design auto-compounds in your wallet, allowing a user to earn yield without any lock-ups. Built by the team at Origin Protocol.
Sector Rank
#99
Sub-Sector Rank
#18
Contracts
API ID