USD+

USD+ Overnight.fi USD+

Price of 1 Overnight.fi USD+ today (20 February)

$ 0.9911

0.01%

Price of Overnight.fi USD+ (USD+)

Market Cap

$ 47.7M

-0.7%

#607

Trading Volume, 24h

$ 52.9

-1%

Dominance

0.0019%

In circulation USD+

48,085,104

Price Min/Max

24 hrs

$ 0.9909

$ 0.9911

30 days

$ 0.94

$ 1.001

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	Koi Finance	USD+/USDC--26	$ 0.9911 USDC--26 0.9911	$ 53	Go

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Today Overnight.fi USD+ (USD+) only traded on Mute. The maximum trading volume is observed for the trading pair USD+/USDC--26 and reaches 53 dollars (100% of the total volume across all exchanges). During the week, the minimum price for Overnight.fi USD+ (USD+) is fixed on Thursday at 0.9911 cents. Currently, the token Overnight.fi USD+ is trading in the range of 99.11 cents or 0.0028 kopecks for 1 USD+.

Calculator USD+

USD+

USDT

1 USD+ = 0.9911 USD

Full version

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:

In the wallet select the desired network and then in the cryptocurrencies section scroll to the bottom - click "Import tokens".
Copy the smart contract address for Overnight.fi USD+ from the list below.
Paste into the "Smart Contract Address" field.
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: