Origin Protocol repurchased 2.6M OGN tokens, totaling 16.5% of supply by Sept 30, funded by net protocol fees.

Origin Protocol has bought back 2.6 million Origin Tokens (OGN) through September 30, increasing total buybacks to 114 million tokens, which represents 16.5% of the circulating supply. These buybacks are funded by net protocol fees after operating expenses. OGN token holders who stake their tokens benefit by receiving protocol fees and governance rights, making the buybacks significant for the community and token value.

As of Oct 30, 2026 10:01 WIB, Origin Protocol's OGN token trades at Rp385 on Pluang, showing a 17.30% decline in the last day. Despite the recent buybacks totaling 114 million tokens, which is 16.5% of the circulating supply, market sentiment appears cautious with a market cap of Rp298.58 million and a 24-hour volume of Rp122.18 million. Pluang users show strong buying interest with 92% buy orders and a typical hold time of 77 days.