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WavesOUSD coin

A fully transparent stablecoin that earns a yield from DeFi

0.00% APY
over the past

Start earning immediately by converting your USDT, USDC, and DAI to OUSD

Three tokens become one

Earn passively with full control

OUSD grows in your wallet while you maintain custody of your funds. Yields are generated automatically through open-source, on-chain yield farming strategies.


Move OUSD like any other token

There's no need to unwind complicated positions when you want to transfer OUSD. No staking or locking is required.


Stable price, increasing supply

OUSD is pegged to the US Dollar. Returns are distributed as additional units of OUSD. See your balance grow every day as yield is generated.

OUSD coin

Fully collateralized 1:1

OUSD is backed by the most trusted collateral in crypto. Conservative use of oracles and defensive programming mitigate the risk of loss.


Automated and decentralized

Funds are managed by smart contracts and community governance. There are no corporate gatekeepers controlling your money.


Supported by the top wallets

Store and earn OUSD with non-custodial Ethereum wallets. Enter and exit OUSD whenever you want. There's no minimum holding period or minimum amount required to earn yields.


Covered by optional insurance

Protect your OUSD holdings with peg protection and smart contract cover provided by Nexus Mutual and InsurAce.

Learn more >
Exchanges and partners

Get the best price on OUSD using our DApp. OUSD Swap compares prices and gas costs across Curve, Uniswap, and other smart contracts. You can also buy and sell OUSD on several centralized exchanges.

Security first

OUSD and each of its strategies are reviewed, tested, and audited by industry-leading security experts.

Trail of bits
Solidified logo
5 (of 8) signatures required for any admin changes
48 hour time delay before changes come into affect
Nexus mutual insurance
InsurAce insurance