Overnight.fi USD+ (USD+)
USD+

USD+ Overnight.fi USD+

Price of 1 Overnight.fi USD+ today (9 January)
$ 0.9987
-0.153%

Price of Overnight.fi USD+ (USD+)

Market Cap
$ 48M
+0.6%
#695
Trading Volume, 24h
$ 73.8
+145%
Dominance
0.0014%
In circulation USD+
48,089,102
Price Min/Max
24 hrs
$ 0.9982
$ 1
30 days
$ 0.938
$ 1.006
1 year
$ 0.938
$ 1.09
USD+ Sectors:
Overnight.fi USD+ does not belong to any sector.

Exchanges where USD+ is traded

Exchange Pair Price Volume, 24h
1 Dystopia USD+/USDC.E--6
$ 0.99952
USDC.E--6 0.9998
$ 58 Go

Today Overnight.fi USD+ (USD+) only traded on Dystopia. The maximum trading volume is observed for the trading pair USD+/USDC.E--6 and reaches 58 dollars (99% of the total volume across all exchanges). During the week, the minimum price for Overnight.fi USD+ (USD+) is fixed on Friday at 0.9987 cents. Currently, the token Overnight.fi USD+ is trading in the range of 99.87 cents or 0.0012 kopecks for 1 USD+.

Calculator USD+

USD+
USDT

1 USD+ = 0.9987 USD

What is 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+ 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.

How to add Overnight.fi USD+ to Metamask?

To add USD+ to the metamask you need:

  1. In the wallet select the desired network and then in the cryptocurrencies section scroll to the bottom - click "Import tokens".
  2. Copy the smart contract address for Overnight.fi USD+ from the list below.
  3. Paste into the "Smart Contract Address" field.
  4. Click the "Add Custom Token" button.

The USD+ is available on the 3 blockchain networks. Below is a list of Overnight.fi USD+ smartcontract addresses to add to the metamask:

  • Polygon POS - 0x236eec6359fb44cce8f97e99387aa7f8cd5cde1f
  • zkSync - 0x8e86e46278518efc1c5ced245cba2c7e3ef11557
  • BNB Smart Chain - 0xe80772eaf6e2e18b651f160bc9158b2a5cafca65

Official websites and links for Overnight.fi USD+

There are currently about 4 official links to Overnight.fi USD+ websites and social media:

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