Today Overnight.fi USD+ (USD+) is traded on 11 exchanges, including Uniswap V3 (Base), BaseSwap V3, Pancakeswap V3 (Base), OpenOcean and others. The maximum trading volume is observed for the trading pair USD+/WETH--16 and reaches 4.1 mln. dollars (49% of the total volume across all exchanges). During the week, the minimum price for Overnight.fi USD+ (USD+) is fixed on Friday at 0.99904 cents. Currently, the token Overnight.fi USD+ is trading in the range of 99.86 cents or 101.17 rubles for 1 USD+.
USD+ Overnight.fi USD+
Price of Overnight.fi USD+ (USD+)
Exchanges where USD+ is traded
Exchange | Pair | Price | Volume, 24h | ||
---|---|---|---|---|---|
1 | Uniswap V3 (Base) | USD+/WETH--16 |
$ 1
WETH--16 0.0003
|
$ 3,939,757 | Go |
2 | BaseSwap V3 | USD+/USDC |
$ 0.9987
USDC 1.0001
|
$ 3,791,218 | Go |
3 | Uniswap V3 (Base) | USD+/CBBTC |
$ 1.04
CBBTC 0.0000
|
$ 276,107 | Go |
4 | PancakeSwap V3 (Base) | USD+/WETH--16 |
$ 1.002
WETH--16 0.0003
|
$ 178,045 | Go |
5 | PancakeSwap V3 (Base) | USD+/USDC |
$ 0.9983
USDC 1.0001
|
$ 173,544 | Go |
6 | BaseSwap V3 | USD+/USDBC |
$ 0.9986
USDBC 1.0000
|
$ 73,404 | Go |
7 | BaseSwap V3 | USD+/WETH--16 |
$ 1.001
WETH--16 0.0003
|
$ 31,492 | Go |
8 | PancakeSwap V3 (Base) | USD+/USDBC |
$ 0.99915
USDBC 0.9999
|
$ 21,031 | Go |
9 | OpenOcean | USD+/USDT |
$ 1
₮ 0.9996
|
$ 2,961 | Go |
10 | Uniswap V3 (Base) | USD+/USDC |
$ 1
USDC 0.9999
|
$ 1,925 | Go |
Calculator USD+
1 USD+ = 0.9986 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