Overnight.fi DAI+ PriceDAI+
Rank #11314
About Overnight.fi DAI+ (DAI+)
Contract
0x970d50d...4e3a6e011
Explorers
optimistic.etherscan.io
Website
overnight.fi
Community
Overnight Finance is an asset management protocol offering passive yield products based on delta-neutral strategies, primarily for conservative stablecoin investors.
DAI+ 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 DAI+ against DAI instantly on request.
The advantage DAI+ has is our ability to maintain the peg without deploying own capital - as DAI+ can be minted/redeemed against DAI instantly, we are able to arbitrage our pools using flashloans, without own capital, thus maintaining the peg.
DAI+ is the equivalent of USD+, pegged to DAI 1:1. DAI+ consist of aDAI (Aave) and USD+. It has been designed for boosted pools (Balancer and Beethoven) on Optimism. It cannot be minted separately
Overnight.fi DAI+ (DAI+) Price Trends
24H High$1.00
24H Low$0.9935
24H Volume$8.35
Market Cap
--All-Time High(ATH)$2.70
Circulating Supply
-- DAI+All-Time Low(ATL)$0.0008484
Total Supply
2.51M DAI+Market Cap/FDV
--Max Supply
∞Fully Diluted Valuation
$2.51MMarket SentimentNeutral
Live Overnight.fi DAI+ (DAI+) Price Update
Overnight.fi DAI+ price today is $0.9992 with a 24-hour trading volume of $8.35, and as such Overnight.fi DAI+ has a market cap of --, giving it a market dominance of 0.000059%. The Overnight.fi DAI+ price moved -0.4% in the last 24 hours.
Time period | Change amount | % Change |
---|---|---|
1H | -$0.003207 | -0.32% |
24H | -$0.004013 | -0.4% |
7D | +$0.001396 | +0.14% |
30D | -$0.006638 | -0.66% |
1Y | -$0.0006999 | -0.07% |
DAI+ to USD | $1.00 USD |
DAI+ to EUR | €0.90 EUR |
DAI+ to INR | ₹83.48 INR |
DAI+ to IDR | Rp15158.30 IDR |
DAI+ to CAD | $1.36 CAD |
DAI+ to GBP | £0.75 GBP |
DAI+ to THB | ฿32.96 THB |
DAI+ to RUB | ₽92.34 RUB |
DAI+ to BRL | R$5.44 BRL |
DAI+ to AED | د.إ3.67 AED |
DAI+ to TRY | ₺34.11 TRY |
DAI+ to CNY | ¥7.05 CNY |
DAI+ to JPY | ¥143.89 JPY |
DAI+ to HKD | $7.79 HKD |