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 0XB79DD08EA68A908A97220C76D19A6AA9CBDE4376/0X833589FCD6EDB6E08F4C7C32D4F71B54BDA02913 at the BaseSwap V3 exchange
Project Website - https://overnight.fi/
Explorer of transactions - https://polygonscan.com/token/0x236eec6359fb44cce8f97e99387aa7f8cd5cde1f
Twitter Account - https://twitter.com/overnight_fi
Chart USD+ (USD+)
Current price USD+ (usd+) | 1.00 $ |
Market Capitalization | 47.96M $ |
Trading Volume last 24h | 787.38K $ |
Minimum exchange rate (24h) | 0.99 $ |
Maximum exchange rate (24h) | 1.01 $ |
Market cap rank | № 837 |
Absolute maximum | 1.25 $ |
Absolute minimum | 0.74 $ |
USD+ Quotes
#
|
Exchange
|
Pair
|
Price
|
Spread
|
Volume
|
Last traded
|
---|---|---|---|---|---|---|
1 | 0XB79DD08EA68A908A97220C76D19A6AA9CBDE4376/0X833589FCD6EDB6E08F4C7C32D4F71B54BDA02913 |
1.00 $
0.99649$
|
0.61% | 661.88K $ | 2025-01-13 18:44:53 | |
2 | 0XB79DD08EA68A908A97220C76D19A6AA9CBDE4376/0X833589FCD6EDB6E08F4C7C32D4F71B54BDA02913 |
1.00 $
0.996934$
|
0.61% | 249.47K $ | 2025-01-13 18:34:05 | |
3 | 0X22AF33FE49FD1FA80C7149773DDE5890D3C76F3B/0XB79DD08EA68A908A97220C76D19A6AA9CBDE4376 |
0.96 $
0.961982$
|
0.61% | 120.26K $ | 2025-01-13 18:54:01 | |
4 | WETH/USD+ |
1.00 $
0.99901$
|
0% | 13.23K $ | 2025-01-13 18:56:59 | |
5 | 0X236EEC6359FB44CCE8F97E99387AA7F8CD5CDE1F/0X0D500B1D8E8EF31E21C99D1DB9A6444D3ADF1270 |
1.00 $
1$
|
0.83% | 139.87 $ | 2025-01-13 18:00:18 |
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 $
|