Origin Has Restored OGN On-Chain Liquidity

TechFlow reported on October 31 that, according to an official announcement from Origin Protocol, Origin has restored OGN on-chain liquidity. After the team discovered that an attacker held OGN, it withdrew liquidity from Ethereum and Base to limit the attacker's on-chain sale of OGN.

Origin stated that during the liquidity shortage, the average price at which the attacker sold OGN was approximately 79% lower than the reference market price; prices in the affected liquidity pools have since largely stabilized, and the team will continue to monitor the situation.

Source: TechFlow