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← Origin Protocolreviewed 2026-10-09 · 33 claims checked

Fact-check findings

What an automated fact-checker found when it re-read Origin Protocol against the sources the page cites. Only the most recent review is shown.

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These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.

“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.

Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.

disputed 1unverifiable 4link rot 5partially supported 1confirmed 226 corrections pending · 0 applied

disputed

1 claim

The reviewer could not reconcile the claim with the evidence it cited. This is a lead, not a ruling that the claim is false.

  1. #18[disputed][awaiting moderator]in the timeline
    “2024-07”
    reviewerSuper OETH launched on Base in July 2024 (timeline date field).The page's own cited source only says 'Q3 2024' (July-September); no source found supports a July date specifically, while Origin's own August 2024 holder update and a governance forum post point to an August soft launch / September 9 official launch. The timeline's 'date_original: 2024-07-01' appears to be an arbitrary quarter-start placeholder rather than an evidenced date.
    Proposed correction (not yet applied)
    2024-09
    citedwww.originprotocol.com/origin-2024-year-in-review

unverifiable

4 claims

No source the reviewer could reach confirms or contradicts the claim.

  1. #16[unverifiable][awaiting moderator]in section: OGN Token Economics and Market Performance
    “As of early 2026, OGN trades at a fraction of its peak — the current market capitalization is approximately $14.27 million, representing a decline of approximately 98% from peak.”
    reviewerCurrent (early 2026) OGN market cap ~$14.27 million, a ~98% decline from peak.The ~98% decline figure is well supported and consistent across sources, but the specific $14.27M market cap cannot be independently confirmed: live data I pulled ranged from roughly $11.5M to $76M depending on source and snapshot date, reflecting genuine price volatility and tracker inconsistency rather than a clear error on the page's part.
    citedcoinmarketcap.com/currencies/origin-protocol/chainbroker.io/projects/origin-protocol/
  2. #27[unverifiable][awaiting moderator]in section: Ongoing Risks and Regulatory Considerations
    “The OGN token's significant price decline from its 2021 all-time high of ~$3.39 to approximately $0.03–$0.05 in 2025–2026 reflects broader market conditions and the sustained risk of holding long-tail DeFi governance tokens.”
    reviewerOGN price decline from $3.39 ATH to approximately $0.03-$0.05 in 2025-2026.Direction and order of magnitude are correct, but the exact $0.03-$0.05 band is not consistently supported across live trackers I checked (some show prices as low as $0.017), likely reflecting normal price volatility and snapshot-timing differences rather than a page error.
    citedmessari.io/project/origin-protocolcoinmarketcap.com/currencies/origin-protocol/
  3. #28[unverifiable][awaiting moderator]in section: Ongoing Risks and Regulatory Considerations
    “The protocol has no documented second major exploit following its 2021 relaunch, and has continued to expand with Super OETH on Base and Origin Vault.”
    reviewerNo documented second major exploit since 2021 relaunch; continued expansion with Super OETH on Base and Origin Vault.The 'no second exploit' portion is well supported. The 'Origin Vault' reference could not be corroborated by any source at all — see linked timeline[12] finding.
    citedmessari.io/project/origin-protocolwww.originprotocol.com/march-2025-token-holder-update
  4. #29[unverifiable][awaiting moderator]in the timeline
    “Origin launches Origin Vault in partnership with Levva, a diversified ETH yield strategy targeting up to ~23% APY.”
    reviewerAugust 2025: Origin launches Origin Vault with Levva, a diversified ETH yield strategy targeting ~23% APY.No source in the page's sources_used list covers this specific event, and no independent corroboration could be found anywhere for an 'Origin Vault' x Levva partnership or a 23% APY target. This appears to be an uncited, unverifiable addition and should be sourced or flagged for removal.

partially supported

1 claim

The cited evidence supports part of the claim but not all of it.

  1. #20[partially supported][awaiting moderator]in section: Team and Background
    “Matthew Liu served as the third product manager at YouTube (acquired by Google) and as VP of product management at Qwiki (acquired by Yahoo) and Bonobos (acquired by Walmart), holds MS and BS degrees from Stanford, and has made over 50 early-stage investments.”
    reviewerMatthew Liu was the third product manager at YouTube; VP product at Qwiki (Yahoo) and Bonobos (Walmart); MS/BS Stanford; 50+ early-stage investments.Qwiki/Yahoo, Bonobos/Walmart, Stanford MS/BS, and 50+ investments are all independently corroborated. The specific ordinal claim ('third' PM at YouTube) is only directly matched by one lower-tier source; most other bios use vaguer language, so this detail is less firmly established than the rest of the sentence.
    citedwww.originprotocol.com/team

confirmed

22 claims

The cited evidence supports the claim as written.

  1. #1[confirmed][no action needed]in the summary
    “Origin Protocol is a San Francisco-based DeFi and NFT platform founded in 2017 by Josh Fraser and Matthew Liu, best known for its yield-bearing stablecoin Origin Dollar (OUSD) and Origin Ether (OETH).”
    reviewerOrigin Protocol is a San Francisco-based DeFi/NFT platform founded 2017 by Josh Fraser and Matthew Liu.Founding year, location and founder names are well corroborated across independent bios and press.
    citedwww.originprotocol.com/teamcanvasbusinessmodel.com/blogs/brief-hist…ol-brief-history
  2. #2[confirmed][no action needed]in the summary
    “In November 2020, before completing any security audit, OUSD was exploited via a reentrancy flash-loan attack resulting in approximately $7.7 million in losses including over $1 million from the team's own treasury.”
    reviewerIn Nov 2020, before any completed audit, OUSD was exploited via reentrancy flash-loan attack, ~$7.7M loss including over $1M from team treasury.Core summary claim is accurate; exact figure varies $7-7.7M across sources, which the page itself hedges with a range elsewhere.
    citedwww.coindesk.com/markets/2020/11/17/orig…test-defi-attack
  3. #3[confirmed][no action needed]in section: November 2020 OUSD Flash Loan Exploit
    “On November 17, 2020 at approximately 00:47 UTC, Origin Protocol's yield-bearing stablecoin Origin Dollar (OUSD) was exploited in a reentrancy flash-loan attack. The attacker borrowed approximately 70,000 ETH (valued at over $32 million at the time) via a flash loan, then exploited a missing validation check and absent reentrancy guard in the VaultCore smart contract's mint logic.”
    reviewerExploit occurred Nov 17, 2020 ~00:47 UTC; attacker borrowed ~70,000 ETH (>$32M) via flash loan exploiting missing validation/reentrancy guard in VaultCore mint logic.Time, flash loan size and attack mechanism match primary reporting.
    citedwww.coindesk.com/markets/2020/11/17/orig…test-defi-attackwww.theblock.co/post/84804/defi-protocol…k-7-million-lost
  4. #4[confirmed][no action needed]in section: November 2020 OUSD Flash Loan Exploit
    “Total funds stolen amounted to approximately 11,804 ETH and 2,249,821 DAI, valued at roughly $7–$7.7 million at the time.”
    reviewerTotal funds stolen ~11,804 ETH and 2,249,821 DAI, valued ~$7-$7.7 million.Some early reports (The Block's own initial estimate of 7,137 ETH) differ, but the page's own compensation section correctly uses 7,137 ETH for the later 'remaining in attacker wallet' figure, so the two numbers are not actually in conflict.
    citedwww.theblock.co/post/84804/defi-protocol…k-7-million-lost
  5. #5[confirmed][no action needed]in section: November 2020 OUSD Flash Loan Exploit
    “Co-founder Josh Fraser acknowledged the incident publicly and stated: 'This has been a rough day for everyone involved, but we're not going anywhere.'”
    reviewerJosh Fraser stated: 'This has been a rough day for everyone involved, but we're not going anywhere.'Direct quote verified word-for-word against cited CoinDesk article.
    citedwww.coindesk.com/markets/2020/11/17/orig…test-defi-attack
  6. #6[confirmed][no action needed]in section: November 2020 OUSD Flash Loan Exploit
    “Co-founder Matthew Liu confirmed that the OUSD contracts had not completed any security audit at the time of the attack; Trail of Bits had an audit in progress but had not yet delivered findings.”
    reviewerMatthew Liu confirmed OUSD contracts had not completed any security audit at the time of attack; Trail of Bits audit was in progress.Confirmed by cited source.
    citedcryptobriefing.com/origin-protocol-relau…-following-hack/
  7. #9[confirmed][no action needed]in section: Compensation Plan and Fund Recovery
    “Approximately two-thirds of affected users (approximately 700 total) received full reimbursement in newly minted OUSD, backed by freshly deposited stablecoins. The remaining users — primarily larger depositors — received 25% of their compensation upfront in OUSD, with the remaining 75% delivered in locked OGN tokens vesting over one year, with an additional 25% annual interest accrual to offset time value.”
    reviewerOrigin committed to compensating users within days; ~700 affected, two-thirds fully reimbursed in OUSD, remainder 25% OUSD + 75% locked OGN (1yr vest, 25% annual interest).Figures match independently-verified reporting of Origin's December 2020 compensation plan.
    citedcointelegraph.com/news/origin-protocol-b…owing-7m-exploitblog.originprotocol.com/origin-dollar-ou…lan-faa73f87442e
  8. #10[confirmed][no action needed]in section: Compensation Plan and Fund Recovery
    “In January 2021, Origin announced it was ready to accept compensation claims, with a 90-day claim window closing April 20, 2021.”
    reviewerJanuary 2021: Origin ready to accept compensation claims; 90-day claim window closing April 20, 2021.Dates verified precisely against cited source.
    citedcointelegraph.com/news/origin-protocol-b…owing-7m-exploit
  9. #11[confirmed][no action needed]in section: Compensation Plan and Fund Recovery
    “The stolen funds themselves were not recovered; the attacker used Tornado.cash and renBTC conversions to obscure and move funds. At the time of reporting, 7,137 ETH and 2.249 million DAI remained in a monitored attacker wallet, but no public disclosure of recovery or identification of the attacker has been found.”
    reviewerStolen funds not recovered; attacker used Tornado.cash/renBTC; 7,137 ETH and 2.249M DAI remained in a monitored attacker wallet; no public ID of attacker.Consistent with all reporting found; absence of attacker identification independently confirmed via broader search.
    citedwww.theblock.co/post/84804/defi-protocol…k-7-million-lost
  10. #12[confirmed][no action needed]in section: Post-Exploit Security Remediation
    “Trail of Bits completed its audit, identifying the critical reentrancy vulnerability along with several minor issues, all of which were resolved. Solidified conducted an additional independent audit of the full system including new staking and compensation contracts. OpenZeppelin subsequently conducted a further audit.”
    reviewerTrail of Bits completed audit (critical reentrancy + minor issues, resolved); Solidified did an additional audit; OpenZeppelin subsequently audited.Fully corroborated by Origin's own public audit registry.
    citeddocs.originprotocol.com/security-and-risk/auditsblog.openzeppelin.com/origin-dollar-audit
  11. #13[confirmed][no action needed]in section: Post-Exploit Security Remediation
    “The 2023-launched Origin Ether (OETH) product used approximately 95% of OUSD's audited codebase, inheriting the security improvements from prior audit cycles.”
    reviewerOETH (2023) used ~95% of OUSD's audited codebase.Matches independent description of OETH's code lineage.
    citeddocs.originprotocol.com/security-and-risk/audits
  12. #14[confirmed][no action needed]in section: OGN Token Economics and Market Performance
    “Origin Protocol raised approximately $38.1 million across multiple funding rounds, including a $3 million seed round at $0.0685 per token, a $6.6 million public ICO on CoinList in mid-2018 at $0.1364, and a $28.5 million strategic round at $0.12.”
    reviewerOrigin raised ~$38.1M: $3M seed at $0.0685, $6.6M public ICO mid-2018 at $0.1364, $28.5M strategic at $0.12.All figures verified exactly against a live, cited source.
    citedchainbroker.io/projects/origin-protocol/cryptorank.io/ico/origin-protocol
  13. #15[confirmed][no action needed]in section: OGN Token Economics and Market Performance
    “The OGN token reached an all-time high of approximately $3.39 on April 8, 2021, representing significant appreciation from the ICO price.”
    reviewerOGN reached ATH of ~$3.39 on April 8, 2021.Date is consistent across all sources; exact cent figure varies marginally by data provider but $3.39 is a commonly cited figure.
    citedcoinmarketcap.com/currencies/origin-protocol/
  14. #17[confirmed][no action needed]in section: OGN Token Economics and Market Performance
    “In 2024, Origin distributed over $6.4 million in yield across its products. Super OETH launched on Base in Q3 2024 and achieved a top-10 TVL position on that network.”
    reviewerIn 2024 Origin distributed over $6.4M in yield; Super OETH launched on Base in Q3 2024 and achieved top-10 TVL on that network.Confirmed verbatim against the cited primary source.
    citedwww.originprotocol.com/origin-2024-year-in-review
  15. #19[confirmed][no action needed]in section: Team and Background
    “Josh Fraser previously co-founded EventVue, Torbit (acquired by Walmart Labs), and Forage, and has been coding since the age of 10.”
    reviewerJosh Fraser co-founded EventVue, Torbit (acquired by Walmart Labs), and Forage; coding since age 10.Core facts corroborated by multiple independent bios.
    citedwww.originprotocol.com/team
  16. #21[confirmed][no action needed]in section: Team and Background
    “Yu Pan, a PayPal co-founding member and the first YouTube employee, joined Origin as lead research and development engineer in 2018.”
    reviewerYu Pan, a PayPal co-founding member and first YouTube employee, joined Origin as lead R&D engineer in 2018.Confirmed by independent sources including Wikipedia and a contemporaneous 2018 CoinDesk report.
    citedblog.originprotocol.com/welcoming-yu-pan…eam-fcce3e3a2166
  17. #25[confirmed][no action needed]in section: Team and Background
    “No regulatory actions, criminal charges, or enforcement proceedings against team members have been found in available records.”
    reviewerNo regulatory actions, criminal charges, or enforcement proceedings against Origin team members found.Absence-of-evidence claim; independently confirmed no contrary results found.
  18. #26[confirmed][no action needed]in section: Ongoing Risks and Regulatory Considerations
    “No SEC enforcement actions or CFTC proceedings against Origin Protocol or its OGN token have been found in available records as of the research date.”
    reviewerNo SEC enforcement actions or CFTC proceedings against Origin Protocol or OGN found.Consistent with my own independent search.
  19. #30[confirmed][no action needed]in section: Pre-Launch Security Practices
    “Origin Protocol launched OUSD in September 2020 without completing an independent smart contract security audit. Trail of Bits, a respected security research firm, was engaged to audit the contracts and was mid-engagement when the November 2020 exploit occurred.”
    reviewerOrigin Dollar (OUSD) launched in September 2020 without a completed security audit; refactoring introduced the reentrancy bug, acknowledged in Origin's post-mortem.Launch month and pre-audit status both confirmed.
    citedwww.originprotocol.com/blog/what-weve-ch…d-attack?lang=en
  20. #31[confirmed][no action needed]in section: Pre-Launch Security Practices
    “The reentrancy vulnerability that was exploited was introduced during a gas-optimization refactoring pass that replicated certain logic without carrying over the associated validation checks. Origin's own post-mortem acknowledged that the bug originated from this refactoring step.”
    reviewerThe reentrancy vulnerability was introduced during a gas-optimization refactoring pass; Origin's own post-mortem acknowledged this.Confirmed against Origin's own post-mortem content.
    citedwww.originprotocol.com/blog/what-weve-ch…d-attack?lang=enmedium.com/originprotocol/what-weve-chan…ack-5894f2bd77cf
  21. #32[confirmed][no action needed]in the timeline
    “Origin Protocol conducts public ICO on CoinList, raising $6.6 million at $0.1364 per OGN token.”
    reviewerTimeline: June 18, 2018 public ICO on CoinList raising $6.6M at $0.1364/OGN.Timeline date matches the ICO's documented start date exactly.
  22. #33[confirmed][no action needed]in the timeline
    “Origin Ether (OETH) launches, using ~95% of OUSD's audited codebase to generate yield on ETH via liquid staking.”
    reviewerTimeline: May 2023 Origin Ether (OETH) launch, using ~95% of OUSD's audited codebase.Confirmed; exact day (May 16) falls within the claimed month.
How this fits together. The reviewer reads the published page and its cited sources and records one finding per claim. A human moderator decides whether each proposed correction is applied; those decisions, and the score changes they cause, appear in the audit log. Earlier review runs are not shown here; only the latest reflects the page as it stands.