Cryptocurrency USD+ (USD+)
The price for USD+ (USD+) cryptocurrency is currently 1.00 $ (15 min delay),
daily range of currency change is 1.00 - 1.01 .
Last 24 hours news: trading volume -
121.64K $, price variance
-0.05%
.
The highest trading volume belongs to the pair 0X8E86E46278518EFC1C5CED245CBA2C7E3EF11557/0X3355DF6D4C9C3035724FD0E3914DE96A5A83AAF4 at the SyncSwap exchange
Project Website - https://overnight.fi/
Explorer of transactions - https://basescan.org/token/0xb79dd08ea68a908a97220c76d19a6aa9cbde4376
Twitter Account - https://twitter.com/overnight_fi
Chart USD+ (USD+)
| Current price USD+ (usd+) | 1.00 $ |
| Market Capitalization | 78.87M $ |
| Trading Volume last 24h | 5.16M $ |
| Minimum exchange rate (24h) | 0.99 $ |
| Maximum exchange rate (24h) | 1.01 $ |
| Market cap rank | № 553 |
| Absolute maximum | 1.25 $ |
| Absolute minimum | 0.74 $ |
USD+ Quotes
|
#
|
Exchange
|
Pair
|
Price
|
Spread
|
Volume
|
Last traded
|
|---|---|---|---|---|---|---|
| 1 | 0X8E86E46278518EFC1C5CED245CBA2C7E3EF11557/0X3355DF6D4C9C3035724FD0E3914DE96A5A83AAF4 |
1.00 $
1.001$
|
0.61% | 2.05M $ | 2024-04-23 22:10:00 | |
| 2 | 0XB79DD08EA68A908A97220C76D19A6AA9CBDE4376/0X833589FCD6EDB6E08F4C7C32D4F71B54BDA02913 |
1.00 $
1.004$
|
0.6% | 1.49M $ | 2024-04-23 22:06:16 | |
| 3 | 0X0B2C639C533813F4AA9D7837CAF62653D097FF85/0X73CB180BF0521828D8849BC8CF2B920918E23032 |
1.00 $
1.001$
|
0.61% | 143.92K $ | 2024-04-23 22:10:13 | |
| 4 | 0XAF88D065E77C8CC2239327C5EDB3A432268E5831/0XE80772EAF6E2E18B651F160BC9158B2A5CAFCA65 |
1.00 $
1.001$
|
0.62% | 83.24K $ | 2024-04-23 22:10:07 | |
| 5 | 0X8E86E46278518EFC1C5CED245CBA2C7E3EF11557/0X3355DF6D4C9C3035724FD0E3914DE96A5A83AAF4 |
1.00 $
1$
|
0.62% | 77.24K $ | 2024-04-23 22:08:58 |
What is USD+ (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.
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|
#
|
Name
|
Ticker
|
Price (USD)
|
|---|---|---|---|
| 1 | USDT |
1.00 $
1.00 $
|
|
| 2 | ST-YCRV |
1.00 $
1.00 $
|
|
| 3 | BUSD |
1.00 $
1.00 $
|
|
| 4 | USDB |
1.00 $
1.00 $
|
|
| 5 | VEUSD |
1.00 $
1.00 $
|
Trading discount
