Overnight.fi USD+ current market price is $1.000 with a 24 hour trading volume of $1,142.93K. The total available supply of Overnight.fi USD+ is 48.09M USD+ with a maximum supply of (Not Available) USD+. It has secured Rank 666 in the cryptocurrency market with a marketcap of $48.07M. The USD+ price is -0.21% down in the last 24 hours.
The lowest price of the Overnight.fi USD+ is $0.997 & the highest price is $1.00 in the last 24 hours. Live Overnight.fi USD+ prices from all markets and USD+ coin market Capitalization. Stay up to date with the latest Overnight.fi USD+ price movements. Check our coin stats data and see when there is an opportunity to buy or sell Overnight.fi USD+ at best price in the market.
#666
$1.000
$-0 -0.21%
$0.997 / $1.00
$48.07M -0.04%
$1,142.93K
48.09M USD+
(Not Available) USD+
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-0.21%
-0.01%
0.01%
-0.02%
-0.05%
-0.12%
Compare live prices of Overnight.fi USD+ on top exchanges.
| # | Exchange | Pair | Price | Volume (24h) |
|---|---|---|---|---|
| BaseSwap V3 | 0XB79DD.../0X83358... | $1.000 | $1,125,896 | |
| BaseSwap V3 | 0XB79DD.../0X83358... | $1.000 | $17,008 | |
| Dystopia | 0X236EE.../0X2791B... | $0.999 | $21 | |
| Alien Base | 0XB79DD.../0XD9AAE... | $0.998 | $1 | |
| SyncSwap (zkSync) | 0X8E86E.../0X3355D... | $0.995 | $25 | |
| PancakeSwap V3 (zkSync) | 0X8E86E.../0X3355D... | $0.892 | $7 | |
| Koi Finance | 0X8E86E.../0X3355D... | $0.994 | $2 | |
| Maverick Protocol V1 (zkSync) | 0X3355D.../0X8E86E... | $0.996 | $4 | |
| Wombat (Arbitrum) | FRAX/USD+ | $1.00 | $44 |
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 protocolsUSD+ 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.
https://polygonscan.com/token/0x236eec6359fb44cce8f97e99387aa7f8cd5cde1f
https://twitter.com/overnight_fi
