CoinIvy

Market weather: green · Bitcoin above its 20-week average (31 Oct 2026)

Origin ProtocolOGN

The governance and staking token of Origin, which issues yield-bearing tokens such as OETH and OUSD.

Rank #896Since 2020
Price on 31 Oct 2026
C$0.0341 +63.2% since 31 Jul 2026 · 99.2% below its all-time high

The short version

Origin Protocol, Inc., a US company, runs yield-bearing tokens: OETH for staked ether, Super OETH on Base, OUSD and ARM vaults. Its products charge a 20% performance fee, and net protocol fees fund OGN purchases that are distributed to xOGN stakers. Backers include Pantera Capital and Foundation Capital. On 31 Oct 2026 one OGN cost C$0.0341. From 31 Jul 2026 to 31 Oct 2026 its price changed +63.2% in Canadian dollars, and it was 99.2% below its all-time high of C$4.23 set on 8 Apr 2021.[1]

Checked 31 Oct 2026 · 16 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.0652 (9 Oct 2026) · low C$0.0206 (1 Jul 2026) · -45.9%[1]

Month-end prices (table)
DateC$US$
31 Oct 2026C$0.0341US$0.0244
30 Sep 2026C$0.0285US$0.0200
31 Aug 2026C$0.0247US$0.0178
31 Jul 2026C$0.0209US$0.0149
30 Jun 2026C$0.0214US$0.0150
31 May 2026C$0.0295US$0.0214
30 Apr 2026C$0.0316US$0.0233
31 Mar 2026C$0.0294US$0.0211
28 Feb 2026C$0.0482US$0.0352
31 Jan 2026C$0.0548US$0.0406
31 Dec 2025C$0.0420US$0.0307
30 Nov 2025C$0.0513US$0.0366

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026
C$0.0341[1]
3-month change
+63.2% in C$ (31 Jul 2026 to 31 Oct 2026)[1]
From its high
99.2% below its high of C$4.23 (8 Apr 2021)[1]
Market rank
#896, market value about C$25.6M[1]
Kind
Token · Ethereum (ERC-20); also on Base and Sonic
Started
2020

Checks: the same 9 questions for every coin

Facts, not a rating
Can an admin key create new coins?NoOnly an Origin governance vote, through a 2-day timelock that owns the contract, can mint OGN[2, 3]
Can anyone freeze or take coins from holders?YesOwner, a 2-day timelock run by Origin's governance vote, can burn any holder's OGN or pause transfers[2, 3]
Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy[4]
Is the supply capped?NoThe owner contract can mint; 1.41B is the current total, not an enforced cap[4, 5]
Any scheduled unlocks in the next 12 months?Not disclosed660.1M OGN sit outside circulation with no published release schedule[5]
Does a team or foundation hold over 10% of supply?Not disclosed660M OGN (47%) outside circulation; holders not identified[5]
Do network fees reach coin holders?YesNet fees fund OGN purchases for xOGN stakers: US$0.80M in the past year[6, 7]
Main network hacked or halted in the past 2 years?NoLast exploit was Nov 2020 (OUSD, US$7.7M)[8]
Is a regulator or court case targeting the coin itself?NoNo live regulator or court case naming Origin found[9]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Company
Origin Protocol, Inc. (US)[10]
Backers
Pantera Capital, Foundation Capital; angels Steve Chen and Alexis Ohanian[11]
Admin key
Token owner, a 2-day timelock run by governance votes, can mint, burn any balance and pause; not paused 1 Nov 2026[2, 3, 12]

Supply

In circulation
749.57M OGN of a 1.41B maximum (53.2%)[1]
Fully diluted value
1.88 times its current market value[1]
Outside circulation
660.1M of 1.41B OGN (47%), with no published holder or release schedule[5]
Staked
42.76% of supply staked as xOGN[10]
Holders
Top 10 Ethereum addresses hold 72%; the largest, a contract, holds 42.8%[13, 4]

Use and fees

Fees
20% performance fee on yield: US$4.0M of fees and US$0.80M to holders in the past year[14, 7]
To stakers
Docs: net fees after operating costs fund OGN purchases; the website says 100% of fees[6, 10]
Deposits
US$71.3M in Origin products (DefiLlama, 31 Oct 2026)[7]

Trading

Daily trading
About C$13.5M a day on average, 31 Jul 2026 to 31 Oct 2026[1]
Daily turnover
Typically 15.26% of its market value changes hands each day[1]
20-week average
23.8% above its 20-week average price[1]
1-year change
-46.4% in C$[1][15]

History

Not a forecast

Coins ranked 201-500 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 8,067 cases, 1,187 coins (this coin ranks below 500, so the nearest group is shown)

33% were higher a year later[16]

Typical result
Median -38% after a year; 33% higher after two years
Lost half or more
44% within a year
Against Bitcoin
11% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found
  • Red flag: OGN's owner, a 2-day timelock run by Origin's on-chain governance vote, can burn OGN from any wallet and pause all transfers (contract code, 1 Nov 2026).[2, 3]
  • Origin launched a public revenue, deposits and token dashboard on 1 Sep 2026.[9]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

  1. CoinGecko market data, 31 Oct 2026
  2. Blockscout verified code (OriginToken), 1 Nov 2026
  3. Blockscout (OGN owner timelock: roles and governance queue), 1 Nov 2026
  4. GoPlus token security (Ethereum), 1 Nov 2026
  5. CoinMarketCap coin page, 31 Oct 2026
  6. Origin docs (xOGN staking)
  7. DefiLlama fees and holder revenue, 31 Oct 2026
  8. DefiLlama hacks, 31 Oct 2026
  9. CoinMarketCap AI updates (Origin), Oct 2026
  10. Origin website (OGN), Oct 2026
  11. CoinMarketCap (Origin Protocol)
  12. Ethereum chain data (OGN pause state), 1 Nov 2026
  13. Ethplorer top holders, 31 Oct 2026
  14. Origin docs (performance fees)
  15. Bank of Canada USD/CAD rate, 31 Oct 2025
  16. CoinIvy history data: CoinMarketCap weekly rankings 2013-2026, dead coins included

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.