Super OETH
SUPEROETH
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Super OETH (SUPEROETH) is an auto-compounding ETH liquid staking token developed by Origin Protocol and deployed primarily on Base (as well as Plume Network). Across the evaluation sections, the project demonstrates significant strengths in security, active development, and team governance. It benefits from an experienced, public founding team and shares a battle-tested codebase with OETH and OUSD, supported by numerous third-party audits from top-tier firms including OpenZeppelin, yAudit, and Sigma Prime, alongside a 48-hour upgrade timelock and bug bounty programs. Development is active with continuous integrations such as Aave v3 collateral onboarding. However, the asset faces substantial challenges in market adoption and liquidity: trading volumes are near-zero, circulating supply is limited (~15,000 tokens), and market cap remains small ($28M-$34M) in an LST sector dominated by large incumbents. Additionally, value accrual and governance are largely tethered to Origin Protocol's native xOGN/OGN rather than SUPEROETH itself. With no qualifying red-flag incidents or deprecation events identified across all sections, the overall assessment reflects solid underlying infrastructure constrained by low market depth.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Super OETH (SUPEROETH)
Super OETH (SUPEROETH, also known as superOETHb) is a yield-bearing liquid staking token developed by Origin Protocol and deployed on the Base and Plume networks. Designed as an auto-compounding Ethereum derivative, it combines underlying Ethereum staking yields with automated market maker (AMM) rewards and utilizes an Algorithmic Market Operation (AMO) strategy to help maintain its peg to ETH. The token features a demand-driven supply mechanism and functions as collateral across decentralized finance protocols, including integrations such as Aave v3.
The project shares its underlying codebase with Origin Protocol's other asset products, OETH and OUSD. Its smart contracts have undergone reviews by third-party security firms, including OpenZeppelin, yAudit, Sigma Prime, Narya, and NetherMind, and feature a 48-hour timelock on contract upgrades alongside a bug bounty program. Protocol governance is not conducted directly by SUPEROETH holders; instead, governance decisions, parameter updates, and protocol fee distributions are managed by Origin Protocol's decentralized autonomous organization (DAO) through staked OGN (xOGN) holders.
While the protocol has no recorded hacks, exploits, or depeg events in its evaluated history, it operates with several market and architectural constraints. Super OETH faces strong competition from established liquid staking providers, reflected in a relatively small circulating supply of approximately 15,000 tokens, low daily trading volumes, and a market capitalization of roughly $28 million to $34 million. Additional risks include yield dependence on temporary Layer 2 incentives, upgradeable-proxy smart contract administration, and unconfirmed audit coverage specifically for its Plume Network deployment.