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View ChartThis article covers OLY (CoinMarketCap ID 38640), a BEP20 token on BNB Smart Chain launched in 2025. It is not Oly Sport (also ticker OLY), not Olyverse (an Ethereum-based token), and is unrelated to any other project using the OLY ticker.
OLY is a cryptocurrency that operates within the BNB Chain ecosystem, specifically as a BEP20 token. According to its CoinMarketCap profile, the project is described as "OLY ONE," which is built upon the OlympusDAO V3 model with innovation. The project emphasizes both asset stability and community incentives, utilizing mechanisms such as LP growth and black-hole burning to drive liquidity and foster long-term confidence among participants. OLY carries a "Memes" tag on CoinMarketCap alongside its BNB Chain Ecosystem classification, suggesting a community-driven identity combined with a structured tokenomic model inspired by OlympusDAO's well-known reserve-backed approach.
Total supply is 44,688,549 OLY, maximum supply is 2,793,194 OLY, and circulating supply is 0 according to CoinMarketCap's registry data. Market capitalization, fully diluted valuation and 24-hour trading volume are shown live on the token's market-data pages and change continuously; readers should check those pages for current figures. Holder counts change over time; for current figures, consult the block explorer (bscscan.com).
The available sources do not name OLY's founders or the legal entity behind it. The project's official channels are the website olyonedao.com and the X account @OlyOneOfficial; readers should verify team disclosures there before relying on the project. The project's CoinMarketCap page includes a "Do you own this project?" prompt with options to update token information, submit token unlocks, claim a community badge, and access DEX mode, which suggests the project may operate in a decentralized or community-led capacity. The project description references being built upon OlympusDAO V3, indicating a technical lineage to the OlympusDAO framework, but does not name specific individuals or entities responsible for OLY's creation or ongoing development.
OLY operates on the BNB Chain as a BEP20 token. Its stated design draws from the OlympusDAO V3 model, which in general terms involves mechanisms for asset stability and community incentives. The project description specifically highlights LP growth and black-hole burning as core operational strategies. LP growth refers to the expansion of liquidity pools, which can deepen market liquidity and reduce price slippage for traders. Black-hole burning typically describes a process where tokens are permanently removed from circulation by sending them to an inaccessible address, reducing the total supply over time. Together, these mechanisms aim to drive liquidity and support long-term confidence in the project. The CoinMarketCap page also provides a contract address on BSC for on-chain verification and interaction.
OLY distinguishes itself through its stated foundation on the OlympusDAO V3 model combined with an explicit focus on both asset stability and community incentives. The dual emphasis on LP growth and black-hole burning represents a structured approach to liquidity management and supply reduction. The project's positioning within the Memes category on CoinMarketCap suggests a community-centric identity, while its BNB Chain Ecosystem tag places it within one of the most active blockchain networks. CertiK gives OLY a score of 3.2 out of 5 (as published on CertiK's own platform). No audit report, auditor name or bug-bounty program is publicly documented for OLY in the available sources; readers should verify audit status on the project's official channels (olyonedao.com) before interacting with the contract.
Based on the available project description, OLY functions as the native token within its ecosystem, designed to support asset stability and community incentives. The token is integral to the LP growth strategy, meaning it is likely used to provide liquidity in decentralized trading pools. The black-hole burning mechanism implies that OLY tokens are periodically removed from circulation to manage supply dynamics. As a BEP20 token on BNB Chain, OLY can be traded on decentralized exchanges operating within that ecosystem. OLY appears on several price-tracking sites (CoinMarketCap, CoinGecko, LiveCoinWatch, Yahoo Finance), but according to CoinMarketCap it currently trades on only one active market, so liquidity is concentrated and execution risk is correspondingly higher.
The OLY ecosystem operates within the broader BNB Chain environment, which includes prominent tokens such as BNB, PancakeSwap (CAKE), Trust Wallet Token (TWT), and others listed alongside OLY on CoinMarketCap's BNB Smart Chain (BEP20) section. The project has established a presence across numerous cryptocurrency data and pricing platforms, including CoinMarketCap, LiveCoinWatch, CoinGecko, CryptoRank, and Yahoo Finance. OLY trades against USDT on PancakeSwap v2; current pool depth and volume are shown live on the DEX and should be checked there. The community aspect appears active, with community sections present on its CoinMarketCap page. According to CoinMarketCap, OLY currently trades on a single active market, so liquidity is concentrated and large orders may move the price significantly.
OLY is a BEP20 token on BNB Smart Chain, a proof-of-stake network, so OLY itself is not mined. New OLY is not issued through block rewards; according to the project description, supply is managed through LP growth and black-hole burning, i.e. tokens are permanently sent to an inaccessible address. Holders acquire OLY by swapping for it on BNB Chain DEXs such as PancakeSwap.
Storing OLY securely begins with selecting a wallet compatible with BEP20 tokens on the BNB Chain. Options include hardware wallets, which keep private keys offline and are generally considered the most secure for long-term storage, as well as reputable software wallets that support BNB Chain assets. Users should always verify the official contract address (0x544028231562a43b106fbceca722b65cb5c861b0) before interacting with any token or decentralized application to avoid counterfeit tokens. Enabling two-factor authentication on exchange accounts, using strong and unique passwords, and maintaining secure backups of wallet seed phrases are essential practices. No audit report, auditor name or bug-bounty program is publicly documented for OLY in the available sources; readers should verify audit status on the project's official channels (olyonedao.com) before interacting with the contract. As with any cryptocurrency, users should exercise caution, conduct independent research, and never share private keys or seed phrases with anyone.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for OLY are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of OLY (OLY) is C$1.417093. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated OLY to USD rate at the top of BTCC’s price page. In terms of market scope, OLY records a 24h trading volume of C$606.523979K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$4.022881M. Its current circulating supply stands at -- out of a maximum supply cap of 2.79M.
The price volatility of OLY (OLY) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (2.79M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, OLY (OLY) hit an all-time high (ATH) of C$39.245292 on 2025-08-28 10:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$1.184211 on 2026-11-01 00:20. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading OLY futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$606.523979K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s OLYUSDT perpetual contracts support two-way trading. If you anticipate a price decline for OLY, simply log into your BTCC account with USDT margin available, navigate to the OLYUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for OLYUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$1.417093), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for OLYUSDT with zero financial risk.
Trading OLY (OLY) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for OLYUSDT, and review its live price (C$1.417093) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.