Overnight.fi DAI+ PriceDAI+
Rank #11270
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$1.24
24H Low$0.9914
24H Volume$45.36
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
$2.84MMarket SentimentNeutral
Live Overnight.fi DAI+ (DAI+) Price Update
Overnight.fi DAI+ price today is $1.13 with a 24-hour trading volume of $45.36, and as such Overnight.fi DAI+ has a market cap of --, giving it a market dominance of 0.000074%. The Overnight.fi DAI+ price moved +13.14% in the last 24 hours.
Time period | Change amount | % Change |
---|---|---|
1H | -$0.1052 | -8.52% |
24H | +$0.1312 | +13.14% |
7D | +$0.1289 | +12.88% |
30D | +$0.1307 | +13.08% |
1Y | -$0.09122 | -7.47% |
DAI+ to USD | $1.13 USD |
DAI+ to EUR | €1.01 EUR |
DAI+ to INR | ₹94.40 INR |
DAI+ to IDR | Rp17141.80 IDR |
DAI+ to CAD | $1.53 CAD |
DAI+ to GBP | £0.85 GBP |
DAI+ to THB | ฿37.27 THB |
DAI+ to RUB | ₽104.42 RUB |
DAI+ to BRL | R$6.15 BRL |
DAI+ to AED | د.إ4.15 AED |
DAI+ to TRY | ₺38.57 TRY |
DAI+ to CNY | ¥7.97 CNY |
DAI+ to JPY | ¥162.72 JPY |
DAI+ to HKD | $8.80 HKD |