Origin Protocol November Update: Record Buybacks and Major OETH Upgrade
Origin Protocol November Update: Record Buybacks and Major OETH Upgrade
馃搱 Origin's biggest upgrade
Origin Protocol delivered strong November performance 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 live - now fully backed by USDC for simplified architecture
Major OETH Upgrade
- All three audits complete (Nethermind, OpenZeppelin, Sigma Prime)
- Validator migration started
- Brings EIP-7251 support, safer key management, partial withdrawals
- Removes oracle dependencies with native Merkle proof validation
Strong Revenue
- $710K generated in November
- ~$150K distributed to $OGN stakers
The OETH upgrade positions the protocol for deeper institutional allocation and more transparent staking.
馃摪 Origin's November 2025 Update Is Out Now A few highlights worth paying attention to: 1. OGN buybacks continue to push new highs 8.4M $OGN was bought back in November, bringing total buybacks to 47.7M. Over 7.37% of supply has now been bought back and redirected to stakers.
Morpho Launches Auto-Deleverage Feature for OETH and superOETHb Markets
**Morpho introduces auto-deleverage functionality** for Borrow Booster markets, specifically supporting OETH/USDC and superOETHb/USDC pairs. **Key features:** - Automatic risk controls for leveraged positions - Enhanced confidence for larger loop strategies - Combined with existing cheaper borrow rates This builds on Morpho's **negative borrow rate innovation** launched earlier, where superOETHb yield subsidizes borrowing costs through yield forwarding technology. **Benefits for users:** - Lower borrowing costs through yield subsidies - Automated position management - Reduced liquidation risks The auto-deleverage feature adds a **safety layer** to Morpho's already attractive lending markets, making leveraged strategies more accessible and secure for DeFi users.
OETH Staking Upgrade Deploys with Oracle-Free Validation
**Origin Ether's major staking upgrade is now live**, bringing significant improvements to security, efficiency, and reliability. **Key improvements include:** - Removal of oracle dependencies for enhanced trustlessness - Modernized validator operations - Transition to Merkle Proof-based validation The upgrade leverages **Ethereum's Dencun and Pectra improvements** to deliver a more robust staking infrastructure. Validator migration has begun this month as part of OETH's evolution toward fully trustless Ethereum staking. This represents a **major milestone** in decentralized staking technology, eliminating traditional oracle risks while improving operational efficiency.
Live Stream Tomorrow: OGN Updates, Pendle Markets & DeFi Lending
**Live stream scheduled for tomorrow at 11 AM EDT** The session will cover: - **$OGN token developments** and recent updates - **New markets launching on Pendle** protocol - **DeFi lending discussion** with @ripe_dao representatives Turn on post notifications to get reminded when the stream goes live.
Origin Dollar Achieves Low Risk Rating Alongside DAI and USDC
**Origin Dollar (OUSD) has received Low Risk coverage** from Bluechip, placing it in the same category as established stablecoins DAI and USDC. The rating recognizes OUSD's strong fundamentals: - **Peg stability** - maintains consistent value - **Onchain reserves** - transparent backing - **Security audits** - verified safety measures This classification positions OUSD as a trusted stablecoin option for users seeking yield-generating alternatives to traditional stablecoins. [Start earning with OUSD](https://app.originprotocol.com/#/ousd/)