Overnight.fi USD+ (USD+)
Overnight.fi USD+ (USD+)
1.001 0.16 %
Rank # 455 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 78,768,976.00
Total Supply 78,768,976.14
Max Supply 0.00
  • Ethereum base-0xb79dd08ea68a908a97220c76d19a6aa9cbde4376
  • Ethereum linea-0xb79dd08ea68a908a97220c76d19a6aa9cbde4376
    • Ethereum optimistic-ethereum-0x73cb180bf0521828d8849bc8cf2b920918e23032
    • Ethereum zksync-0x8e86e46278518efc1c5ced245cba2c7e3ef11557
    • Ethereum arbitrum-one-0xe80772eaf6e2e18b651f160bc9158b2a5cafca65
    • Ethereum binance-smart-chain-0xe80772eaf6e2e18b651f160bc9158b2a5cafca65
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Linea Ecosystem Base Ecosystem ZkSync Ecosystem
overnight.fi/
  Week Month Year All Time
High

09-16-2024

1.001
0.00%

09-12-2024

1.005867650826
-0.48%

12-08-2023

1.25
-19.92%

01-11-2024

₹5,730,800.59
-20.22%
Low

09-16-2024

0.999109193796
0.19%

09-04-2024

0.998358832843
0.26%

03-19-2024

0.993858064546
0.72%

07-26-2023

₹5,628.29
35.73%
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Overnight.fi USD+ News (Usd+ News)

 
 

               
               

   

 
 

               
               

   

 
 

               
               

   

 
 

               
               

   

 
 

               
               

   

 
 

               
               

   

 
 

               
               

   

 
 

               
               

   

 
 

               
               

   

Overnight.fi USD+ Chart (Usd+ Chart)

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Overnight.fi USD+ Price USD (Usd+ Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
Overnight.fi USD+ Price History (Usd+ Price History)
Price Market Cap Volume Date
Coin Overnight.fi USD+
Comments
Overnight.fi USD+ Price Today (Usd+ Price Today)
USD+ is a yield-generating stablecoin yielding 8-12% pa, via daily rebase. It is fully backed by a portfolio of liquid, yield generating, low-risk DeFi assets (mostly, lending protocols and stable-to-stable liquidity pools in a way that allows to (1) avoid losses and generate profit every day (2) mint and redeem USD+ against USDC instantly on request. USD+ is used for (1) liquidity management - temporary parking of spare stablecoin cash (2) AMM trading and (3) leveraged yield farming. USD+ brings the benefit of capital efficiency to stablecoin usage, i.e. extra yield on idle stablecoins and/or used in major protocols USD+ is currently on Polygon and expanding to other chains. We are going to market by establishing USD+ trading pairs at leading AMMs: (1) Stablecoin boosted pools on Balancer/Beethoven (2) ETH-USD+, Matic-USD+ on Quickswap/Uni V2, (3) potentially, Curve. The advantage USD+ has is our ability to maintain the peg without deploying our own capital - as USD+ can be minted/redeemed against USDC instantly, we are able to arbitrage our pools using flashloans, without our own capital, thus maintaining the peg.
Frequently Asked Questions (Crypto FAQs)
The current price of Overnight.fi USD+ (USD+) is USD 1.001
24 Hours, High Price of Overnight.fi USD+ (USD+) is USD 1.005 and Low price of Overnight.fi USD+ (USD+) is USD 0.995025
The total supply of Overnight.fi USD+ (USD+) is 78768976.141256 and Circulating supply of Overnight.fi USD+ (USD+) is 78,768,976.00
The trading volume of Overnight.fi USD+ (USD+) is In the last 24 hours