Origin Ether
Origin Ether was launched in May 2023 and is an ERC20 LST aggregator that generates yield while sitting in your wallet by tapping into blue-chip protocols. OETH is backed 1:1 by ETH, WETH, stETH, rETH, and frxETH at all times; holders can go in and out of OETH as they please. Similar to stETH, OETH yield is paid out daily and automatically (sometimes multiple times per day) through a positive rebase in the form of additional OETH, proportional to the amount of OETH held.
OETH yield comes from a combination of:
- Deploying collateral across Curve, Convex, Morpho, Balancer, and Aura
- LST validator rewards
- A 50bip exit fee is charged to those who choose to exit OETH via the dapp (completely avoidable if using a DEX), this fee goes back to OETH holders
- OETH sitting in non-upgradable contracts does not rebase, instead the interest generated from those tokens is provided to those that can rebase
These 4 yield generating functions combined enable OETH to generate higher yields than holding or farming any single LST manually. The current collateral allocation and yield strategies can be seen via the OETH.com analytics page. Future OETH collateral and yield strategies are governed by OGV stakers .
Integrations
Soneta Launches Overcollateralized LST-Backed Stablecoin on Sonic Labs
Mon 29th Sep 2025
**Soneta** has launched a new **overcollateralized stablecoin** backed by liquid staking tokens (LSTs) on Sonic Labs.
- The stablecoin uses **Wrapped OS ($wOS)** as a collateral asset at launch
- Built on the **Sonic Labs** blockchain infrastructure
- Follows an **overcollateralized model** for stability and security
This launch adds another LST-backed stablecoin option to the DeFi ecosystem, leveraging liquid staking derivatives as underlying collateral.
The project appears to be targeting users seeking stablecoin exposure while maintaining backing through yield-generating LST assets.
🦋 Negative Interest Rates: Users Get Paid to Borrow USDC on Morpho
Thu 18th Sep 2025
Origin Protocol's **Borrow Booster** is creating negative interest rates on Morpho Labs, meaning users actually get paid to take USDC loans.
**How it works:**
- Yield from superOETHb subsidizes borrowing costs
- Creates sustainable, automated incentive system
- Benefits both borrowers and lenders through improved market efficiency
**Key features:**
- Borrowers pay lower (or negative) APRs
- Lenders see stronger utilization rates
- Markets maintain healthier demand
The first vault pairs superOETHb with USDC and includes additional OP token incentives worth ~3% yield for 6 weeks.
[Learn more about Borrow Booster](https://www.originprotocol.com/blog/introducing-borrow-booster?lang=en&category=all&page=1)
Origin Dollar Earns Low Risk Rating from BlueChip
Thu 4th Sep 2025
**Origin Dollar (OUSD) has received a Low Risk rating** from BlueChip, placing it alongside established stablecoins like DAI and USDC.
The rating recognizes OUSD's:
- **Strong peg stability**
- **Transparent onchain reserves**
- **Comprehensive security audits**
This classification positions OUSD as a credible alternative for users seeking **passive yield on stablecoin holdings**.
Users can swap to OUSD through the [Origin Protocol app](https://app.originprotocol.com/#/ousd/) to start earning yield automatically.
Origin Protocol August Update: Record Staking Yields and Institutional Growth
Thu 4th Sep 2025
**Origin Protocol delivered strong performance in August 2025:**
- **$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.
Origin Protocol Introduces Buyback-Funded Staking Rewards
Mon 7th Jul 2025
Origin Protocol has implemented a new staking rewards system funded by protocol buybacks. Stakers can now earn up to 30.1% variable APY through the platform's dapp.
Key points:
- Rewards are sustainably funded through actual protocol revenue
- Staking available through Origin's dapp platform
- Current vAPY rate stands at 30.1%
Stake your OGN tokens at [Origin Protocol's dapp](https://app.originprotocol.com/#/ogn/staking) to start earning rewards.
Origin Protocol Launches OGN Buyback Program
Thu 29th May 2025
Origin Protocol has initiated its OGN buyback program using protocol revenue and DAO assets. Key points:
- 100% of protocol revenue now used for $OGN buybacks
- $3M+ in DAO assets deployed for additional purchases
- First week: $100,000 in market buys + 1.3M OGN distribution
- Estimated 5-10% of circulating supply to be bought
- Revenue sources include OETH, OUSD, OS, and ARM products
- $200M+ TVL generating ongoing revenue
Buybacks will occur weekly throughout 2025, with over $1M in buy pressure expected in first 90 days. Track real-time purchases via [@OGN_Alerts](https://twitter.com/OGN_Alerts).
Yield Forwarding Goes Live for HEDGY/OS Pool on SwapXfi
Thu 20th Feb 2025
SwapXfi has activated yield forwarding for the HEDGY/OS liquidity pool, marking a significant upgrade in treasury efficiency.
- Treasury now operates with enhanced capital efficiency
- Greater rewards unlocked for Liquidity Providers (LPs)
- OS maintains position as highest-yielding LST on Sonic Ecosystem
- Pairing with OS optimizes return potential for liquidity providers
*Key Benefit*: The combination of yield forwarding and OS's superior yield rates creates an optimal environment for LPs seeking maximized returns.
Super OETH Now Available on Silo Finance
Wed 16th Oct 2024
**New Market Alert**: Super OETH is now available on @SiloFinance, offering a fresh looping opportunity for holders.
Super OETH, an extension of Origin Ether (OETH), brings new possibilities to the DeFi landscape. OETH, launched in May 2023, is an ERC20 LST aggregator that generates yield while in your wallet.
Key points:
- OETH is backed 1:1 by ETH, WETH, stETH, rETH, and frxETH
- Yield paid out daily through positive rebase
- Multiple yield sources including LST validator rewards and protocol deployments
This new Silo Finance integration expands options for OETH holders, potentially enhancing yield strategies.
New wsuperOETHb Pool on Spectra Finance
Wed 16th Oct 2024
Spectra Finance has launched a new pool for wsuperOETHb on Base network. This pool offers:
- Supercharged fixed rates
- Yield trading opportunities
- New yield streams
Key features:
- Harness Super OETH's yields with various mechanics
- Hedge trades and boost APYs
- Supply Super OETH liquidity to earn trading fees
For those new to Super OETH, check out the DeFi Opportunities Page to learn more:
https://www.originprotocol.com/opportunities
Access the new pool here:
https://app.spectra.finance/pools#base/0x1dd42dd08af91ef8bcbb55c1f11c9239a101237e
Super OETH Now Available on Exponential.fi
Wed 16th Oct 2024
**Super OETH** has been launched on [exponential.fi](http://exponential.fi). This development brings enhanced functionality to Origin Ether (OETH), an ERC20 LST aggregator that generates yield while in your wallet.
Key features of OETH:
- Backed 1:1 by ETH, WETH, stETH, rETH, and frxETH
- Daily yield payouts through positive rebase
- Yield sources include:
1. Deployment across DeFi protocols
2. LST validator rewards
3. Optional exit fee
4. Interest from non-rebasing tokens
OETH aims to provide higher yields than manual LST farming. Collateral allocation and strategies are governed by OGV stakers.
