The Bitcoin-Native
Stablecoin

Algorithmic stability on Bitcoin L1. Backed by WBTC, priced by on-chain TWAP, governed by the Minimal Djed protocol.

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400%
Min Reserve Ratio
6 Blocks
TWAP Window
WBTC
Reserve Asset
OPNet
Bitcoin L1

How It Works

Orange Dollar uses a dual-token reserve system. Deposit WBTC, mint stablecoins or reserve coins, and redeem at any time.

1

Deposit WBTC

Send wrapped Bitcoin to the ODReserve contract. Your deposit strengthens the reserve backing all OD in circulation.

2

Mint OD or ORC

Mint OD stablecoins pegged to $1, or mint ORC reserve coins to capture equity growth and earn protocol fees.

3

Redeem Anytime

Burn OD or ORC to withdraw WBTC from the reserve. No lockups, no intermediaries. Pure on-chain settlement.

Two Tokens, One System

Stability and growth, working in tandem. OD maintains its peg while ORC absorbs volatility and accrues value.

Stablecoin

OD

Orange Dollar — pegged to $1 USD. Mint by depositing WBTC, redeem at the live TWAP price. Stability enforced by reserve ratio bounds.

  • $1 soft peg via Minimal Djed
  • Backed by WBTC on Bitcoin L1
  • Mint & burn with on-chain TWAP pricing
  • No governance, no admin keys on price
Reserve Coin

ORC

Orange Reserve Coin — equity in the reserve pool. ORC holders absorb WBTC volatility and earn the fees generated by OD minting and burning.

  • Equity-priced against reserve surplus
  • Earns 1.5% fee on every OD operation
  • Guards the 400%–800% reserve corridor
  • No dilution — fixed supply mechanics

Built on Bitcoin

No bridges, no rollups. Orange Dollar is secured by Bitcoin itself, deployed on OPNet — Bitcoin's native smart contract layer.

Minimal Djed

Formally verified stablecoin model by IOHK. Mathematically proven reserve invariants.

On-Chain TWAP

Price feed from MotoSwap's cumulative accumulators. No oracles, no off-chain dependencies.

Bitcoin Settlement

All state lives on Bitcoin L1 via OPNet. Tapscript-encoded calldata, not sidechains or bridges.

Ready to Stabilize
on Bitcoin?

Deposit WBTC, mint OD or ORC, and join the first algorithmic stablecoin native to Bitcoin L1.

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