Overnight.fi USD+

Overnight.fi USD+ USD+

Rank #443 Stablecoins Crypto-backed Stablecoin
Current Price
$0.996
+0.18% (24h)
Market Cap
$47.90M
Rank #443
24h Volume
$370
Circulating Supply
48.09M
USD+

Price Chart (30 Days)

Price Statistics

All-Time High
$1.25
Jan 10, 2024
All-Time Low
$0.737
Jul 26, 2023
1H Change 0.00%
7D Change +0.93%
30D Change -0.21%
1Y Change -0.30%

About Overnight.fi 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+...

Market Information

Total Supply 48.09M