Overnight.fi USD+ (USD+)
Overnight.fi USD+ (USD+)
1.001 0.22 %
Rank # 937 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 48,085,096.00
Total Supply 48,085,096.37
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

13-12-2024

1.001
0.00%

06-12-2024

1.005181184872
-0.42%

17-12-2023

1.25
-19.92%

11-01-2024

₹5,730,800.59
-20.23%
Low

10-12-2024

1.000967289581
0.00%

08-12-2024

0.998559504086
0.24%

18-09-2024

0.993336515859
0.77%

26-07-2023

₹5,628.29
35.72%
News Overview Charts Markets Historical Data Forum Social Media

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. Also read: SpiceUSD Usds Price USD
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 0.994305
The total supply of Overnight.fi USD+ (USD+) is 48085096.370504 and Circulating supply of Overnight.fi USD+ (USD+) is 48,085,096.00
The trading volume of Overnight.fi USD+ (USD+) is In the last 24 hours