Today Overnight.fi USD+ (USD+) is traded on 11 exchanges, including BaseSwap V3, Pancakeswap V3 (Base), OpenOcean, Dystopia and others. The maximum trading volume is observed for the trading pair USD+/USDC and reaches 532.1 ths. dollars (72% of the total volume across all exchanges). During the week, the minimum price for Overnight.fi USD+ (USD+) is fixed on Sunday at 0.987 cents. Currently, the token Overnight.fi USD+ is trading in the range of 99.91 cents or 98.63 rubles for 1 USD+.
USD+ Overnight.fi USD+
Price of 1 Overnight.fi USD+ today (22 January)
$ 0.99908
0.329%
Contracts Price of Overnight.fi USD+ (USD+)
Market Cap
Trading Volume, 24h
$ 687.1K
-62%
Dominance
0.0013%
In circulation USD+
48,085,096
Price Min/Max
24 hrs
$ 0.987
$ 1.01
30 days
$ 0.963
$ 1.04
1 year
$ 0.963
$ 1.45
Exchanges where USD+ is traded
| Exchange | Pair | Price | Volume, 24h | ||
|---|---|---|---|---|---|
| 1 |
BaseSwap V3
|
USD+/USDC |
$ 1
USDC 1.0001
|
$ 457,360 | Go |
| 2 |
PancakeSwap V3 (Base)
|
USD+/WETH--16 |
$ 0.9969
WETH--16 0.0003
|
$ 125,766 | Go |
| 3 |
PancakeSwap V3 (Base)
|
USD+/USDC |
$ 0.9981
USDC 0.9999
|
$ 74,713 | Go |
| 4 |
BaseSwap V3
|
USD+/USDBC |
$ 0.99977
USDBC 1.0001
|
$ 31,627 | Go |
| 5 |
BaseSwap V3
|
USD+/WETH--16 |
$ 0.99977
WETH--16 0.0003
|
$ 17,045 | Go |
| 6 |
PancakeSwap V3 (Base)
|
USD+/USDBC |
$ 0.997
USDBC 1.0000
|
$ 14,370 | Go |
| 7 |
OpenOcean
|
USD+/ETH |
$ 1.02
Ξ 0.0003
|
$ 6,538 | Go |
| 8 |
OpenOcean
|
USD+/USDT |
$ 0.9989
₮ 1.0006
|
$ 4,183 | Go |
| 9 |
OpenOcean
|
USD+/WETH |
$ 1.04
WETH 0.0003
|
$ 2,958 | Go |
| 10 |
Curve (Base)
|
USD+/CRVUSD |
$ 1.002
CRVUSD 1.0029
|
$ 102 | Go |
Calculator USD+
USD+ 
USDT
1 USD+ = 0.99908 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.
Official websites and links for Overnight.fi USD+
There are currently about 5 official links to Overnight.fi USD+ websites and social media:
- Website - overnight.fi
- Twitter - twitter.com/overnight_fi
- Reddit - reddit.com
- Facebook - facebook.com
- GitHub - github.com/ovnstable
