Origin Protocol Price

Origin Protocol (OGN) is a cryptocurrency launched in 2020 that operates primarily on the Ethereum platform. It's the native utility token of the Origin Protocol ecosystem, which focuses on building decentralized marketplaces and e-commerce applications. Currently ranked #732, Origin Protocol has a price of $0.05765 with a -1.58% change in the last 24 hours. Its 24-hour trading volume is $339.93K, with a market cap of $40.24M. Origin Protocol has a circulating supply of 698.01M OGN out of a total supply of 1.4B OGN, with a maximum supply capped at 1.4B OGN. The fully diluted valuation stands at $81.26M. The token supports various DeFi functionalities including staking, yield farming, and NFT applications. Origin Protocol is also available on the Base blockchain, expanding its cross-chain capabilities. The project is backed by notable venture capital firms including Pantera Capital and Kenetic Capital.

Origin Protocol was created on January 8, 2020, when it was officially launched on the Ethereum blockchain. The token was designed to support the Origin Protocol ecosystem, which focuses on building decentralized marketplaces and e-commerce applications. Since its launch, Origin Protocol has established itself as a utility token that powers various aspects of the Origin ecosystem, including governance, staking, and platform incentives. The token operates primarily on Ethereum but has also expanded to other networks like Base to increase accessibility and reduce transaction costs for users.

Origin Protocol was founded by Josh Fraser and Matthew Liu in 2017. Both founders have strong backgrounds in technology and entrepreneurship. Josh Fraser previously co-founded several successful tech companies, while Matthew Liu was a former Product Director at YouTube. They created Origin Protocol with the vision of building a decentralized marketplace platform that would eliminate intermediaries and enable peer-to-peer commerce. The project officially launched its token OGN in January 2020 on the Ethereum blockchain. Since then, the founding team has expanded the protocol to include NFT capabilities, DeFi products, and cross-chain functionality, establishing Origin Protocol as a versatile Web3 ecosystem.

Origin Protocol operates on the Ethereum blockchain as an ERC-20 token and has also expanded to the Base network. It functions as the utility and governance token for the Origin Protocol ecosystem, which focuses on NFTs, DeFi, and decentralized commerce. OGN token holders can participate in governance decisions, stake tokens to earn rewards, and use them for transaction fees within the ecosystem. The token has a current price of $0.05765 with a 24-hour change of -1.58% and a trading volume of $339.93K. With a circulating supply of 698.01M OGN out of a total supply of 1.4B OGN, OGN has a market cap of $40.24M. The maximum supply is capped at 1.4B OGN, creating a deflationary mechanism that potentially supports long-term value. Origin Protocol powers Origin's key products, including Story (an NFT platform) and Origin Dollar (OUSD), a yield-generating stablecoin. Token holders can also access premium features, receive discounts on platform fees, and participate in community initiatives.

Origin Protocol operates on a dual-layer technical architecture. At its foundation, OGN is an ERC-20 token built on the Ethereum blockchain, leveraging Ethereum's security and smart contract functionality. The token also has a deployment on the Base network, expanding its cross-chain capabilities. The architecture includes: 1. Smart Contract Layer: OGN's core functionality is implemented through Ethereum smart contracts, with the main token contract address at 0x8207c1ffc5b6804f6024322ccf34f29c3541ae26. 2. Protocol Layer: Origin Protocol serves as the utility and governance token for the Origin ecosystem, which includes NFT platforms and DeFi applications. 3. Staking Mechanism: The architecture incorporates staking functionality that allows token holders to participate in governance and earn rewards. 4. Cross-Chain Integration: With deployments on both Ethereum and Base networks, OGN utilizes bridge technology for interoperability. The total supply is capped at 1.4B OGN, with 698.01M OGN currently in circulation. This architecture supports Origin Protocol's use cases in NFT marketplaces, DeFi applications, and governance within the Origin ecosystem.

Origin Protocol has an ambitious roadmap focused on expanding its ecosystem across DeFi and NFTs. In the near term (2025-2026), the team is enhancing their Story NFT marketplace and improving OUSD stablecoin integration. By 2027, they plan to launch cross-chain functionality, enabling OGN to operate on multiple blockchains beyond Ethereum and Base. The long-term vision (2030 and beyond) includes developing a comprehensive Web3 commerce platform, expanding governance capabilities for token holders, and establishing Origin Protocol as a leading protocol for decentralized applications. With a maximum supply of 1.4B OGN and current circulating supply of 698.01M OGN, the tokenomics are designed to support sustainable growth. The team continues to focus on building real-world utility, with particular emphasis on NFT infrastructure and DeFi applications. Recent partnerships with major brands and ongoing development of their yield-generating products suggest Origin Protocol is positioning itself as a versatile Web3 infrastructure provider rather than just a cryptocurrency.