Olympus v2 represents an evolution in the world of decentralized finance (deFi). It was launched as an upgrade to the original Olympus protocol. V2 aims to address the challenges faced by previous protocols while maintaining the main goal of creating a decentralized, asset-backed reserve currency.
This unique platform works on an Ethereum blockchain using smart contract technology to offer a unique approach to liquidity provision.
Olympus v2 also aims to establish a new paradigm in the crypto ecosystem. It wants to do this by offering a decentralized alternative to traditional stablecoins.
Stablecoins are pegged to fiat currencies but Olympus v2 uses a system of protocol-owned liquidity and algorithmic supply control to maintain value and stability.
This approach creates a more resilient decentralized finance instrument that can work even through market volatility while providing its users with a reliable medium of exchange and storage.
What is OHM?
OHM is the native token of the Olympus protocol. It has multiple uses and works like a backbone of the protocol. OHM is used for governance and also as a reserve currency.
Unlike the traditional stablecoins which are pegged to external assets, OHM’s value is given as per the assets held in the protocol’s treasury and the network effects of the user base. These tokens can be stakes to get rewards and participate in a decentralized governance system as well.
The OHM token has a very unique design which allows it to maintain purchasing power through a combination of algorithmic supply. It is backed by different assets that help in the protocol’s treasury. This approach helps in creating a stable currency that can adapt to market changes while maintaining its value.
Tokenomics of OHM
The tokenomics of OHM is divided to incentivize long-term participation and growth of the protocol as well.
Total supply: 21,995,941
Circulating supply: 16,097,334.12
Market cap: $253,143,502
24 hour trading volume: $507,147
Max supply: 21,896,298
Price prediction of Olympus v2 OHM from 2024-2030
Take a look at the table below to understand the prices of Olympus v2 ( OHM ). Make sure you keep in mind that these prices are assumptions based on previous market conditions and analysis. And the crypto market is highly volatile causing price fluctuations all the time. So do not depend on these price predictions to make investment decisions.
| Years | Lowest price | Highest price |
| 2024 | $14.20 | $21.30 |
| 2025 | $16.29 | $24.44 |
| 2026 | $18.58 | $27.87 |
| 2027 | $22.75 | $34.31 |
| 2028 | $22.58 | $33.87 |
| 2029 | $26.66 | $40.00 |
| 2030 | $29.49 | $42.23 |
Price prediction of OHM in 2025
- The price of Olympus v2 OHM in 2025 will be from $16.29 to $24.44 with an average price of $20.36.
Price prediction of OHM in 2030
- In the year 2030, OHM prices will range between $29.49 to $42.23 with an average of $36.86.
How to buy Olympus v2 (OHM)?
To buy Olympus v2 ( OHM ) tokens follow the steps below:
- First, you need to set up a cryptocurrency wallet that supports Ethereum-based tokens. Search and find such a wallet.
- Get Ethereum ( ETH ) tokens of another cryptocurrency from a trusted exchange platform. See every detail carefully and then get the tokens.
- Search and find a decentralized exchange platform that lists OHM tokens. Make sure you are checking everything.
- Then connect your wallet with the exchange platform that you chose.
- On the platform swap your ETH tokens or cryptocurrency for OHM tokens by placing an order.
- Make sure you have ETH to cover the gas fees as well.
- Once you have got your tokens keep them safe in a wallet.
Where to buy OHM tokens?
OHm tokens can be bought through different decentralized platforms:
- Uniswap
- Binance
- Sushiswap
- Kucoin
Always make sure you are using the official smart contract address when you trade with OHM. This is to avoid any scams.
Is it profitable to invest in Olympus v2 (OHM)?
As per the price predictions above it can be a good decision to invest in Olympus v2 ( OHM ) as we can see a steady price increase in the future years.
However, invest only after you have done your research and also analyzed your portfolio for risk management as well. Consult an expert if you want to get professional advice on the investment decision. All the prices above can change so invest after proper analysis.
