Overview

Welcome to Origin’s first Token Holder Update of 2025! This January, we launched Origin Sonic (OS), our newest liquid staking product now live on Sonic. Alongside this milestone, we made strides with new product developments and integrations. Here’s a quick look at everything you need to know about Origin’s achievements this month.

Origin Sonic (OS) Launch

We launched Origin Sonic (OS) in January, expanding our suite of yield-bearing tokens to the Sonic L1 with our S-pegged LST. Sonic is the world’s fastest EVM chain, and its points program aims to distribute 190M S worth over $100M to users in 2025. Leveraging many core features from OETH and OUSD, Origin Sonic holders can enjoy:

Deep liquidity on AMMs, soon to be enhanced by our AMO
Passive yield directly to your wallet via rebasing
A tight, 1:1 OS-S peg, making it seamless to leverage OS in DeFi
Origin’s Yield Forwarding feature, making OS ideal for liquidity provision
A 4x multiplier on S Points for holding OS and additional earnings opportunities via integrations

OGN DAO Updates

The OGN DAO continues benefit financially from Origin’s product growth. Here’s a recap of key developments and initiatives from the DAO this month:

The OGN has a new source of protocol revenue with the launch of Origin Sonic.
The OGN DAO accrued more than $300,000 in protocol revenue last month.
The OGN DAO’s MORPHO position is worth over $1.8 million.
We published a breakdown on the DAO’s assets, highlighting the 7-figure growth seen in 2024.

New Integrations

January brought a wave of new integrations to Origin’s ecosystem, such as:

The OS-S pool launched on SwapX, providing a way for OS holders to earn additional S points and high APYs by providing liquidity.
Wrapped OETH and Wrapped Super OETH were added to SuperLend, a money market aggregator for looping and borrowing assets across multiple money markets.
Lynx added Super OETH as a collateral asset, enabling traders to use the token for collateral on leveraged trades up to 500x.
An OS market was added to Spectra, allowing users to speculate on Origin Sonic’s APY and provide liquidity while boosting their Sonic Points.
Enclabs added an isolated money market for Wrapped OS (wOS), creating an avenue for users to borrow against their wOS to increase their exposure to Sonic liquid staking yield.

Product Development

Pool Booster
- In January, we expanded Yield Forwarding’s utility by introducing our Pool Booster module. Pool Booster makes yield-bearing assets like OETH and OUSD productive on AMMs, directing yield generated on these assets to AMM incentives to boost liquidity providers’ APYs. Pool Booster is currently deployed on Curve’s OUSD-USDT pool, with more tokens to be supported in the coming weeks.
Treasury Booster
- Operating similarly to Pool Booster, Treasury Booster is a module that leverages Yield Forwarding to help protocols increase their revenue. SwapX integrated Treasury Booster in January, boosting their protocol revenue by directing OS yield from tokens held in SwapX liquidity pools to the protocol’s treasury.
OS Development
- OS launched with support for direct redemptions, auto-compounding, and Yield Forwarding. We’re actively working to bring AMO support to OS, slated to deepen OS liquidity on AMMs and boost yield for holders.
ARM Deposit Cap Increase
- The Automated Redemption Manager has experienced an increase in ETH deposits from LPs, driven by a sharp increase in the APY offered on the ARM ETH Vault. In response, we’ve raised the vault’s deposit cap to 10,000 ETH.

Product Metrics: Yield and TVL

Origin’s ARM performed exceedingly well in January, reaching a double-digit APY on its ETH vault. Here’s an overview on how Origin’s products performed through the last month:

Origin’s ARM earned LPs a 30-day trailing APY of 10.2% with a TVL of $16 million.
Super OETH achieved a 30-day trailing APY of 5.8% with a TVL of $90 million.
OUSD earned holders 21.1% APY over the trailing 30 days with a TVL of $9.4 million.
OETH earned holders 3.1% APY over the trailing 30 days with a TVL of $143 million.
Origin Sonic achieved a 19.2% 7-day trailing APY with a TVL of $2.1M.

In Case You Missed It

Thanks for taking the time to read through Origin’s January update. We intend to keep these updates short, focused on bringing you a quick overview on everything Origin is focused on each month. For further information on the updates mentioned above, check out some additional content from the month of January: