Overnight.fi USD+ PriceUSD+
This cryptocurrency is not listed for trading or services on Gate.
About Overnight.fi USD+ (USD+)
Contract
0xe80772e...a5cafca65
Explorers
polygonscan.com
Website
overnight.fi
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.
Overnight.fi USD+ (USD+) Price Trends
No record
24H High$1.00
24H Low$0.9896
24H Volume$114.77K
Market Cap
--All-Time High(ATH)$1.25
Circulating Supply
-- USD+All-Time Low(ATL)$0.7365
Total Supply
48.08M USD+Market Cap/FDV
--Max Supply
∞Fully Diluted Valuation
$48.08MMarket SentimentNeutral
Live Overnight.fi USD+ (USD+) Price Update
Overnight.fi USD+ price today is $1.00 with a 24-hour trading volume of $114.77K, and as such Overnight.fi USD+ has a market cap of --, giving it a market dominance of 0.0016%. The Overnight.fi USD+ price moved -0.066% in the last 24 hours.
Time period | Change amount | % Change |
|---|---|---|
| 1H | -$0.00024 | -0.024% |
| 24H | -$0.0006604 | -0.066% |
| 7D | -$0.00017 | -0.017% |
| 30D | +$0.00006899 | +0.0069% |
| 1Y | +$0.00009999 | +0.01% |
 USD+ to USD | $1.00 USD |
 USD+ to EUR | €0.90 EUR |
 USD+ to INR | ₹83.54 INR |
 USD+ to IDR | Rp15168.48 IDR |
 USD+ to CAD | $1.36 CAD |
 USD+ to GBP | £0.75 GBP |
 USD+ to THB | ฿32.98 THB |
 USD+ to RUB | ₽92.40 RUB |
 USD+ to BRL | R$5.44 BRL |
 USD+ to AED | د.إ3.67 AED |
 USD+ to TRY | ₺34.13 TRY |
 USD+ to CNY | ¥7.05 CNY |
 USD+ to JPY | ¥143.99 JPY |
 USD+ to HKD | $7.79 HKD |