OHM Concept Gains Momentum, NET Reaches New High, DTF Surpasses $6M Market Cap

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Market trends show strong momentum as the OHM concept gains traction. On August 26, NetNet Capital’s DeFi protocol token NET reached a new all-time high market cap of $66.48 million, according to GMGN data. DTF also surged, surpassing $6 million in market cap. Both tokens recorded over 100% gains in 24 hours, reflecting growing interest in OHM-inspired projects.

BlockBeats report, August 26: According to GMGN market data, the NET token of Robinhood’s on-chain DeFi protocol NetNet Capital briefly surpassed a $70 million market cap, hitting a new all-time high. It is currently trading at $664.8 million, with a 24-hour increase of 100.5%.


NET is the native token of the OlympusDAO-inspired protocol, which adopts the OlympusDAO v1 architecture and derives value support from USDG held in the treasury. The smart contract stipulates that each NET must be backed by at least 1 USDG in risk-free value (RFV); if minting exceeds the treasury’s RFV holdings, the transaction will automatically revert.


Additionally, the OHM-themed coin DTF (Down to Finance) has a market cap of approximately $6 million, with a 24-hour increase of 107%.

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