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Governance OHM

Governance OHM (GOHM)

$ 5,463.21
1.22 %
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Volume (24h)
$1.85K
1.22 %
Total supply
54,243 GOHM

Key data

updated $0
Market cap$0
Volume 24h$1.85K

Governance OHM (GOHM) is the wrapped, governance-focused version of OHM, the native token of the Olympus protocol. Think of it as a yield-bearing vault share: while your OHM accumulates staking rewards through rebases, gOHM captures all of that growth in its price, so your token count stays the same. It also lets holders take part in Olympus governance decisions.

Frequently asked questions

What is gOHM and how is it different from OHM?

gOHM is a wrapped version of OHM that doesn't rebase — instead of receiving more tokens over time, the value of each gOHM increases as the underlying OHM stake grows. This makes it easier to use in DeFi, since many protocols can't handle rebasing tokens. One gOHM always represents a growing amount of OHM.

How does gOHM work technically?

gOHM is an ERC-20 token on Ethereum, also available on other chains through bridges. When you wrap OHM into gOHM, your tokens are staked and the index that defines the wrap rate grows with each rebase. You can unwrap back to OHM at any time, receiving more OHM than you originally wrapped thanks to accumulated rewards.

How is the supply of gOHM handled?

There's no independent emission schedule for gOHM — its supply simply mirrors how much OHM users choose to wrap. The underlying OHM supply is governed by the Olympus protocol's monetary policy, which adjusts based on the protocol's reserves. So gOHM supply is demand-driven, not inflationary on its own.

How can you store and use gOHM?

Since gOHM is a standard ERC-20 token, any Ethereum-compatible wallet like MetaMask or a hardware wallet works fine. Beyond holding, you can use gOHM as collateral in lending protocols, provide liquidity, or vote in Olympus governance. Always verify the official contract address before interacting with it.