Today Overnight.fi USD+ (USD+) is traded on 10 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 430.3 ths. dollars (65% of the total volume across all exchanges). During the week, the minimum price for Overnight.fi USD+ (USD+) is fixed on Wednesday at 0.9982 cents. Currently, the token Overnight.fi USD+ is trading in the range of 99.95 cents or 102.72 ruble for 1 USD+.
USD+ Overnight.fi USD+
Price of Overnight.fi USD+ (USD+)
Exchanges where USD+ is traded
Exchange | Pair | Price | Volume, 24h | ||
---|---|---|---|---|---|
1 | BaseSwap V3 | USD+/USDC |
$ 1.002
USDC 1.0001
|
$ 389,714 | Go |
2 | PancakeSwap V3 (Base) | USD+/WETH--16 |
$ 0.998
WETH--16 0.0003
|
$ 114,418 | Go |
3 | BaseSwap V3 | USD+/USDBC |
$ 0.99931
USDBC 0.9999
|
$ 59,231 | Go |
4 | PancakeSwap V3 (Base) | USD+/USDC |
$ 0.9989
USDC 1.0001
|
$ 40,603 | Go |
5 | BaseSwap V3 | USD+/WETH--16 |
$ 1.004
WETH--16 0.0003
|
$ 36,378 | Go |
6 | PancakeSwap V3 (Base) | USD+/USDBC |
$ 1.001
USDBC 0.9999
|
$ 18,782 | Go |
7 | OpenOcean | USD+/BLAST |
$ 1.1
BLAST 107.12
|
$ 6,246 | Go |
8 | Dystopia | USD+/USDC.E--6 |
$ 0.999902
USDC.E--6 1.0002
|
$ 418 | Go |
9 | Alien Base | USD+/USDBC |
$ 0.995
USDBC 0.9963
|
$ 292 | Go |
10 | Dystopia | USD+/WMATIC |
$ 0.999955
WMATIC 2.0713
|
$ 199 | Go |
Calculator USD+
1 USD+ = 0.9995 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