
Overnight.fi USD+ PriceUSD+
Rank #8217
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$1.01
24H Low$0.9947
24H Volume$297.39K
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
$47.98MMarket SentimentNeutral
Live Overnight.fi USD+ (USD+) Price Update
Overnight.fi USD+ price today is $0.9979 with a 24-hour trading volume of $297.39K, and as such Overnight.fi USD+ has a market cap of --, giving it a market dominance of 0.0017%. The Overnight.fi USD+ price moved -0.25% in the last 24 hours.
Time period | Change amount | % Change |
---|---|---|
1H | -$0.0022 | -0.22% |
24H | -$0.002501 | -0.25% |
7D | -$0.001699 | -0.17% |
30D | -$0.004611 | -0.46% |
1Y | -$0.001198 | -0.12% |
![]() | $1.00 USD |
![]() | €0.90 EUR |
![]() | ₹83.51 INR |
![]() | Rp15163.52 IDR |
![]() | $1.36 CAD |
![]() | £0.75 GBP |
![]() | ฿32.97 THB |
![]() | ₽92.37 RUB |
![]() | R$5.44 BRL |
![]() | د.إ3.67 AED |
![]() | ₺34.12 TRY |
![]() | ¥7.05 CNY |
![]() | ¥143.94 JPY |
![]() | $7.79 HKD |