What Olympus V2 is

Olympus V2 (OHMV2) is a token issued on Ethereum, currently ranked 145th by market capitalization among the assets we track. Rather than being its own blockchain, Olympus V2 is a token issued on a host chain and traded across that ecosystem. Standardized sector tags are thin for it, which makes liquidity and the project's own materials the better guide.

Olympus V2 (OHMv2) is a decentralized reserve currency protocol that enables users to mint OHM tokens backed by a basket of assets, allowing for a stable store of value and community governance. It aims to create a self-sustaining economy through innovative mechanisms and treasury management.

How to approach Olympus V2

An ecosystem token like Olympus V2 is only as strong as the use case behind it. Without rich categorization, the grounded approach is to weigh how it trades and how much supply exists against the project's stated purpose.

OHMV2 is not mined; it is issued as a token rather than secured by its own mining or staking layer.

Background & fundamentals

Olympus V2 is issued as a token on Ethereum rather than running its own base-layer blockchain. Olympus V2 first went live in 2021, giving it roughly 5 years of on-chain price history to draw on. CoinPaprika classifies the project's development status as "Working product".

In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Arbitrum Ecosystem, and Berachain Ecosystem.

Where Olympus V2 sits in the market

With OHMV2 near $15.60, Olympus V2 carries a market capitalization of $244.94M. Around $165.21K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.07% of the float — on the quieter side, which can mean thinner liquidity for large orders.

About 80% of the hard cap of 26.5M OHMV2 has been minted, leaving only modest issuance ahead. OHMV2 remains -97% beneath its all-time high of $461.78, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

Recent moves read 24-hour -0.26%, 7-day -1.69%.

Volatility profile

Recent action puts Olympus V2 in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.

How to evaluate Olympus V2

For an asset of this type, three lenses matter most:

  • Liquidity — how deep and reliable trading in OHMV2 actually is, since thin books amplify both moves.
  • Supply dynamics — circulating versus maximum supply and the dilution that implies.
  • Primary sources — what the project itself documents, because standardized sector data on OHMV2 is limited.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.