
Overnight.fi DAI+ PriceDAI+
Rank #15342
About Overnight.fi DAI+ (DAI+)
Contract
0
0x970d50d...4e3a6e011
Explorers
optimistic.etherscan.io
Website
overnight.fi
Community
Overnight Finance is an asset management protocol offering passive yield products based on delta-neutral strategies, primarily for conservative stablecoin investors.
DAI+ 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 DAI+ against DAI instantly on request.
The advantage DAI+ has is our ability to maintain the peg without deploying own capital - as DAI+ can be minted/redeemed against DAI instantly, we are able to arbitrage our pools using flashloans, without own capital, thus maintaining the peg.
DAI+ is the equivalent of USD+, pegged to DAI 1:1. DAI+ consist of aDAI (Aave) and USD+. It has been designed for boosted pools (Balancer and Beethoven) on Optimism. It cannot be minted separately
Overnight.fi DAI+ (DAI+) Price Trends
No record
24H High$1.07
24H Low$0.9904
24H Volume$6.35
Market Cap
--All-Time High(ATH)$2.70
Circulating Supply
-- DAI+All-Time Low(ATL)$0.0008484
Total Supply
2.51M DAI+Market Cap/FDV
--Max Supply
∞Fully Diluted Valuation
$2.51MMarket SentimentNeutral
Live Overnight.fi DAI+ (DAI+) Price Update
Overnight.fi DAI+ price today is $1.00 with a 24-hour trading volume of $6.35, and as such Overnight.fi DAI+ has a market cap of --, giving it a market dominance of 0.000092%. The Overnight.fi DAI+ price moved +0.16% in the last 24 hours.
Time period | Change amount | % Change |
---|---|---|
1H | +$0.004087 | +0.41% |
24H | +$0.001599 | +0.16% |
7D | -$0.06696 | -6.27% |
30D | +$0.002595 | +0.26% |
1Y | +$0.001399 | +0.14% |
![]() | $1.00 USD |
![]() | €0.90 EUR |
![]() | ₹83.63 INR |
![]() | Rp15184.91 IDR |
![]() | $1.36 CAD |
![]() | £0.75 GBP |
![]() | ฿33.02 THB |
![]() | ₽92.50 RUB |
![]() | R$5.44 BRL |
![]() | د.إ3.68 AED |
![]() | ₺34.17 TRY |
![]() | ¥7.06 CNY |
![]() | ¥144.15 JPY |
![]() | $7.80 HKD |