hOHM Launches with Automated Leverage and Strong Initial Metrics
hOHM Launches with Automated Leverage and Strong Initial Metrics
🤖 Robots Are Borrowing OHM

Origami has launched hOHM, powered by Olympus' Cooler V2 infrastructure. Key features:
- Automated leverage using treasury-backed credit
- Oracle-free, fixed-rate borrowing at 0.5% APR
- No liquidations or manual rebalancing required
First week performance:
- $32M Total Value Locked
- 2.34x effective exposure
- 523K in protocol-native buying power
The system automatically maximizes USDS borrowing and sweeps hOHM to increase gOHM exposure, all with reduced transaction overhead. Built on Olympus' permissionless infrastructure, this launch demonstrates new possibilities for DAOs and developers to create treasury-powered financial products.
Cooler Loans V2 launches soon. Perpetual borrowing at a 0.5% fixed rate with no price-based liquidations, managed through one dynamic loan position. Fully backed by the Olympus Treasury. Here’s what you need to know about this next evolution in protocol-native borrowing:
Welcome hOHM 🏛️
The wait is over. Welcome hOHM 🏛️
hOHM is live, built by Origami and powered by Olympus. It showcases what can be built using treasury-backed credit and oracle-free, fixed-rate borrowing. All on-chain, all composable. Join Origami this Friday at 8 PM UTC to dive into hOHM and building on Olympus:
Cooler Loans V2 has been submitted to Olympus On-Chain Governance. The proposal activates perpetual, fixed-rate borrowing, free from price-based liquidations and powered by the Olympus reserves, all managed through a single dynamic position. Vote starts in 2 days:
Global Economy Shifts Focus from Efficiency to Resilience
The global economy is undergoing a fundamental repricing, moving away from efficiency-focused models toward resilience-based frameworks. This shift was discussed in a conversation between the Director of the Olympus Association and [Yellow.com](http://Yellow.com), highlighting how economic priorities are being restructured. **Key implications:** - Traditional efficiency metrics are being reconsidered - Resilience is becoming the new economic priority - This represents a broader trend in how global markets are being valued The conversation provides insights into how decentralized finance and broader economic systems are adapting to new realities.
Olympus DAO Activates $10M Treasury Strategy After Governance Approval
Following the passage of OIP-194 and OIP-195, Olympus DAO has begun deploying its treasury assets into yield-generating strategies. **Key Deployments:** - $10M allocated to delta-neutral strategies, tripling previous income generation rates - 5x expansion in capacity for new capital through Certificate of Deposits (CDs) - Automated buyback infrastructure now operational across multiple assets The deployment includes $10M USDe into Aave liquid leverage positions with no directional market exposure. Net yields flow to the Yield Reserve Fund (YRF) to support protocol buybacks. All strategies operate within the OIP-190 framework, which establishes hurdle rates, exit conditions, and liquidity floor requirements to manage risk.
Crypto.com and Fidelity Compete for Same Federal Banking Charter

**Crypto.com and Fidelity are now direct competitors** for the same federal banking charter, marking a significant shift in the financial services landscape. - Both companies are seeking approval from the same regulator for identical services - This represents a convergence of traditional finance and crypto industries - The development highlights how crypto firms are increasingly pursuing traditional banking licenses **What this means:** The lines between traditional finance and crypto are blurring as established financial institutions and crypto-native companies compete on equal footing for regulatory approval.
Aave Reaches $1 Trillion in Total Loans Originated

Aave, a decentralized lending protocol, has reached $1 trillion in total loans originated since its launch. This milestone was achieved without traditional banking infrastructure: - No physical bank branches - No business hours or closing times - No loan officers or intermediaries The platform operates 24/7 through smart contracts, allowing users to borrow and lend cryptocurrency assets directly. This represents a significant benchmark for decentralized finance (DeFi) protocols in providing financial services outside the traditional banking system.
Olympus Completes 27,621 OHM Buyback at $17.57 Average Price

Olympus has executed open market buybacks of **27,621.48 OHM** at an average price of **$17.57 per token** under OIP-192. **Key Metrics:** - Year-to-date buybacks: 352,779 OHM - Lifetime total: 11,834,034 OHM - Funding source: Yield from staked treasury position The Yield Repurchase Facility (YRF) continues its programmatic approach, automatically adjusting buyback volume based on market conditions. The protocol previously demonstrated this mechanism during price compression in early February, when daily purchases peaked at 980 OHM on February 1st.