Overnight.fi DAI+

Overnight.fi DAI+ PriceDAI+

Rank #11260

$1.00

-0.059%
0DAI+
1DAI+$1.00
0DAI+
1DAI+$1.00

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About Overnight.fi DAI+ (DAI+)

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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$1.01
24H Low$0.9948
24H Volume$996.91
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
$2.51M
Market SentimentNeutral

Live Overnight.fi DAI+ (DAI+) Price Update

Overnight.fi DAI+ price today is $1.00 with a 24-hour trading volume of $996.91, and as such Overnight.fi DAI+ has a market cap of --, giving it a market dominance of 0.000077%. The Overnight.fi DAI+ price moved -0.059% in the last 24 hours.

Time period
Change amount
% Change
1H+$0.0003698+0.037%
24H-$0.0005903-0.059%
7D+$0.001896+0.19%
30D-$0.001502-0.15%
1Y-$0.002405-0.24%

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