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Overnight.fi USD+ price today

Check Overnight.fi USD+ (USD+) price today – $1.00 with a market cap of $48.07 M. See how it changed 0.02% up in 24h. Live data here.

 

Low 24H: $1.00 High 24H: $1.00

Buy / Sell Usd
  • usd
    Overnight.fi USD+ (USD+)
  • Live Price
    $1.00
  • 24h %
    0.02%
  • Market Cap
    $48.07 M
  • Volume
    $2.30 M
  • ATH
    $1.25
  • ATH(% Change)
    -20.23%
  • High 24H
    $1.00
  • Low 24H
    $1.00
  • Available Supply
    48.09 M USD+
  • Rank
    645

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Usd Calculator

Use our OrxCash Crypto Calculator to convert USD+ to USD or any currency & vice versa.

 

More Info About Usd

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.

USD+ Historical Data

Date Price Volume MarketCap

TOP CRYPTO GAINERS

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TOP CRYPTO LOSERS

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