Overnight.fi USD+ Logo

Overnight.fi USD+ USD+

Overnight.fi USD+ header image

1. Summary

Limited data

  • 100% of the Overnight.fi USD+ code repositories are forked (originally copied) from another project.

Ranks

Liquidity
96
Developer
-
Social
66
Momentum (beta)
80
Stack Rankā„¢
-
Price
52W High price $1.08
52W High date 8th Dec 2023 (7 months ago)
All Time High (ATH) Date 10th Jan 2024 (6 months ago)
ATH Price $1.25
% From ATH -20.32%
All Time Low (ATL) Date 26th Jul 2023 (1 year ago)
ATL Price $0.74
% From ATL 35.57%
Supply & Trading Volume
Trading Volume (24h) $32.86M
Total Supply 61.41M
Circulating Supply 61.41M
Description

USD+ is a yield-generating stablecoin yielding 8-12% per annum via daily rebase. It is fully backed by a portfolio of liquid, yield-generating, low-risk DeFi assets, primarily lending protocols and stable-to-stable liquidity pools. This allows for daily profit generation while avoiding losses and maintaining the peg. USD+ can be minted and redeemed...

USD+ is a yield-generating stablecoin yielding 8-12% per annum via daily rebase. It is fully backed by a portfolio of liquid, yield-generating, low-risk DeFi assets, primarily lending protocols and stable-to-stable liquidity pools. This allows for daily profit generation while avoiding losses and maintaining the peg. USD+ can be minted and redeemed against USDC instantly on request.

USD+ is utilized for liquidity management, AMM trading, and leveraged yield farming, providing capital efficiency to stablecoin usage. It is currently available on Polygon and is expanding to other blockchain platforms.

USD+ is traded on various automated market makers (AMMs), including stablecoin boosted pools on Balancer and Beethoven, as well as ETH-USD+, Matic-USD+ pairs on Quickswap and Uni V2. This enables arbitrage through flashloans without deploying capital, ensuring the peg is maintained.

2. Price

USD+

2.1. Market Performance

How does Overnight.fi USD+'s (USD+) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-0.3%

USD+

-13.7%

Similar Market Cap

60 Day Return

-0.6%

USD+

-19.2%

Similar Market Cap

1 Year Return

-0.6%

USD+

368.5%

Similar Market Cap

3. Developer Activity

We're monitoring 10 Overnight.fi USD+ GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Overnight.fi USD+ Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 117

Most Active Repos

Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 111 developers have contributed to Overnight.fi USD+ over the past year. Who are the most active Overnight.fi USD+ developers, by commits, over the past year?

Related Projects

Developers working on Overnight.fi USD+ also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 2,276
Twitter followers 19,592
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://overnight.fi/
Explorer https://polygonscan.com/token/0x236eec6359fb44cce8...
Twitter @overnight_fi

What is the correct contract address for Overnight.fi USD+?

Base 0xb79dd08ea68a908a97220c76d19a6aa9cbde4376
Blast 0x4fee793d435c6d2c10c135983bb9d6d4fc7b9bbd
Linea 0xb79dd08ea68a908a97220c76d19a6aa9cbde4376
Zksync 0x8e86e46278518efc1c5ced245cba2c7e3ef11557
Arbitrum-one 0xe80772eaf6e2e18b651f160bc9158b2a5cafca65
Binance-smart-chain 0xe80772eaf6e2e18b651f160bc9158b2a5cafca65
Optimistic-ethereum 0x73cb180bf0521828d8849bc8cf2b920918e23032

Has Overnight.fi USD+ been audited for security?

No security audits found for this project.

Are you the owner of Overnight.fi USD+? Edit it here

Subscribe for free

Investment alerts and insights directly in your inbox.

By continuing, you agree to the Stack Terms of Service and Privacy Policy.