What is OETH?
OETH is Origin Protocol's yield-aggregating ETH derivative, automatically earning yields from multiple DeFi strategies. OETH rebases daily to distribute yields, offering passive exposure to optimized ETH yield strategies.
Key Statistics
| Metric | Value |
|---|---|
| . . . . | . . . - |
| Market Cap | $300M+ |
| Backing | ETH + LSTs |
| Base APY | 5-8% variable |
| Primary Chain | Ethereum |
How OETH Works
Multi-Strategy: OETH deploys across staking, lending, and liquidity provision. Daily Rebase: Token balance increases daily to reflect earned yields. Automatic Optimization: Strategy allocations adjust for best risk-adjusted returns.Yield Opportunities with OETH
Passive Yield: Hold OETH to earn 5-8% APY from aggregated strategies. DeFi Composability: Use OETH in lending and trading. Wrapped Option: wOETH available for protocols not supporting rebasing.Risk Considerations
Strategy Risks: Multiple DeFi protocols create layered risks. Smart Contract Risk: Origin vault contracts could have vulnerabilities. Rebase Complexity: Some DeFi protocols don't support rebasing tokens.Frequently Asked Questions
How does OETH earn yield?OETH earns from ETH staking, Curve liquidity, and other yield strategies.
What is wOETH?Wrapped OETH that appreciates in value instead of rebasing.