
Overnight.fi USD+ (Base)
fiat-backed#1352Issued by Overnight.fi USD+ (Base) · Launched Aug 9, 2024 (2 years ago · 557 days)
USD+ is a stablecoin fully collateralized by USDC, DAI, and USDT, providing 8-12% APY with daily payouts on Arbitrum, Base, Optimism, and other networks. Purpose: USD+ is designed to offer a stable value pegged to the US dollar, making it ideal for mitigating cryptocurrency volatility. Key Features: Transparency and Security: Daily attestations of reserves by independent third parties ensure trust and reliability. Multi-Chain Support: Available on Artbitrum, Base, Optimism, Linea, Blast, zkSync providing easy access across different blockchain ecosystems. Yield Generation: Offers returns on holdings through a yield-generating feature backed by a portfolio of stablecoins. Utility: Global Payments: Enables efficient, low-cost transactions for businesses and individuals. Market Adoption: Significant circulating supply and daily trading volume demonstrate robust adoption and liquidity. Rebase Mechanism: Rebase Token: USD+ is an ERC20 token, fully collateralized with assets convertible into USDC, with daily rebasing for profit payouts. Profit and Loss: Positive rebase when collateral value exceeds 100% and negative rebase when it falls below 100%. Pegging Mechanism: 'NAV of 1' Policy: Ensures market value of assets equals the amount of USD+ in circulation. Conservative Risk Management: Diversified portfolio of conservative DeFi investments. Daily Profit Distribution: Yield distributed to holders by increasing wallet balances daily. Liquidity Index: Reflects the ratio of issued USD+ tokens to asset volume in strategies. USD+ combines stability, utility, security, and yield generation, making it a noteworthy digital currency. Thorough research is essential to understand the associated risks and benefits.
USD+ Price History
Performance Statistics
Avg Price
$0.9997
Based on 32 data points
Std Deviation
0.00017
Price variability measure
Max Down Deviation
-0.07%
Lowest: $0.9993
Max Up Deviation
+0.00%
Highest: $1.0000
Stability Score
97
Excellent
Peg Streak
32
Max consecutive readings within ±0.1%
Days Since Depeg
—
No depeg events recorded
Chains
1
Base
Top Trading Pairsby volume
| Pair | Exchange | Price | Volume (USD) | Trust | Trade |
|---|---|---|---|---|---|
| 0XB79DD0…/0X833589… | BaseSwap V3 | $1.0000 | $793.6K | green | Trade → |
| 0XB79DD0…/0X420000… | Uniswap V3 (Base) | $0.0005 | $759.0K | green | Trade → |
| 0XB79DD08EA68A908A97220C76D19A6AA9CBDE4376/0X833589FCD6EDB6E08F4C7C32D4F71B54BDA02913 | BaseSwap V3 | $1.0000 | $755.7K | green | Trade → |
| 0XB79DD08EA68A908A97220C76D19A6AA9CBDE4376/0X4200000000000000000000000000000000000006 | Aerodrome SlipStream | $0.0005 | $274.0K | green | Trade → |
| 0XB79DD0…/0X420000… | Aerodrome SlipStream | $0.0005 | $221.7K | green | Trade → |
| 0XB79DD0…/0X833589… | Maverick Protocol V2 (Base) | $0.9999 | $125.9K | green | Trade → |
| 0X833589…/0XB79DD0… | Maverick Protocol V1 (Base) | $1.0001 | $120.0K | — | Trade → |
| 0X78B3C7…/0XB79DD0… | Aerodrome (Base) | $0.0011 | $100 | — | Trade → |
| 0X78B3C724A2F663D11373C4A1978689271895256F/0XB79DD08EA68A908A97220C76D19A6AA9CBDE4376 | Aerodrome (Base) | $0.0011 | $80 | — | Trade → |
| 0XB79DD08EA68A908A97220C76D19A6AA9CBDE4376/0X833589FCD6EDB6E08F4C7C32D4F71B54BDA02913 | PancakeSwap V3 (Base) | $1.0000 | $71.1K | green | Trade → |
Smart Contracts1 chains
| Chain | Contract Address | Actions |
|---|---|---|
Base | 0xb79dd08ea68a908a97220c76d19a6aa9cbde4376 |
Base