New wsuperOETHb Pool on Spectra Finance

**Morpho introduces auto-deleverage feature** for Borrow Booster markets, specifically supporting OETH/USDC and superOETHb/USDC pairs. **Key benefits:** - Automatic risk management reduces liquidation pressure - Higher confidence for leveraged positions - Ability to push loan-to-value ratios while maintaining safety **How it works:** - Borrow Booster Markets use OETH and Super OETH yield to subsidize borrowing costs - Borrowers currently earn rewards on USDC loans - Higher LTV loops generate more rewards - Auto-deleverage handles risk adjustments automatically This feature combines **cheaper borrowing rates with automated risk controls**, allowing users to size up their leveraged positions more confidently. [Access the OETH/USDC market](https://app.morpho.org/ethereum/market/0xb8fef900b383db2dbbf4458c7f46acf5b140f26d603a6d1829963f241b82510e/oeth-usdc)

**OETH launches major staking upgrade** removing third-party oracle dependencies through direct onchain verification. **Key improvements:** - Validator balances now verified using **merkle proofs** directly from Beacon Chain - Migration to **0x02 validators** supporting deposits up to 2,048 ETH - **Lower minimum deposit** reduced to 1 ETH with reduced gas costs - **Frontrun protection** via two-step deposit verification process **Security enhancements:** - Audited by OpenZeppelin, Sigma Prime, and Nethermind - Cryptographic balance verification eliminates trust assumptions - Withdrawal credentials verified before large deposits accepted **User benefits:** - Faster deposits and withdrawals - Automatic reward reinvestment for better capital efficiency - Enhanced security for both retail and institutional stakers The upgrade positions OETH as one of Ethereum's most secure liquid staking implementations. [Learn more](https://app.originprotocol.com/oeth/#/oeth)

Origin Protocol delivered strong November results across multiple fronts. **Record Token Buybacks** - 8.4M $OGN bought back in November - Total buybacks now at 47.7M (7.37% of supply) - Max-locked $xOGN earning **37.5% APY** - Nearly 40% of circulating supply locked **Product Updates** - **eETH ARM** posted 6.4% trailing 30-day APY in private beta - Won $1.3M+ in trading volume through aggregator routing - **$OUSD redesign** now live, fully backed by USDC for simplified architecture - Enables expansion into higher-quality Morpho strategies **Major OETH Upgrade Underway** - All three audits complete (Nethermind, OpenZeppelin, Sigma Prime) - Validator migration started - New features: EIP-7251 support, safer key management, partial withdrawals - **Native Merkle proof validation** removes oracle dependencies - Sets foundation for institutional allocation **Financial Performance** - $710K product revenue generated in November - ~$150K distributed to $OGN stakers Read the [full Token Holder Update](https://www.originprotocol.com/blog/november-2025-token-holder-update?lang=en&category=all&page=1) for detailed APYs and TVL data.

**Origin Dollar (OUSD) has received a Low Risk rating** from BlueChip, placing it alongside established stablecoins like DAI and USDC. The rating recognizes OUSD's: - **Strong peg stability** - **Transparent onchain reserves** - **Comprehensive security audits** This classification positions OUSD as a credible alternative for users seeking **passive yield on stablecoin holdings**. Users can swap to OUSD through the [Origin Protocol app](https://app.originprotocol.com/#/ousd/) to start earning yield automatically.

**Origin Protocol delivered strong performance in August 2025:** - **$OGN staking yields reached record levels**, providing enhanced returns for token holders - **Institutional investors increased deployment** into Origin's product suite, signaling growing confidence - **ARM vaults continued expanding**, demonstrating sustained growth in the protocol's core offerings The monthly token holder update highlights Origin's momentum across key metrics. The combination of record yields and institutional adoption suggests the protocol is gaining traction in the competitive DeFi landscape. **Key developments include:** - Peak staking rewards for OGN holders - Institutional capital inflows - Vault growth acceleration Read the full [Token Holder Update](https://www.originprotocol.com/blog/august-2025-token-holder-update?lang=en&category=all&page=1) for detailed metrics and analysis.