Overnight.fi DAI+ PriceDAI+
Rank #11260
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$1.01
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
$2.51MMarket 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% |
DAI+ to USD | $1.00 USD |
DAI+ to EUR | €0.89 EUR |
DAI+ to INR | ₹83.46 INR |
DAI+ to IDR | Rp15153.87 IDR |
DAI+ to CAD | $1.35 CAD |
DAI+ to GBP | £0.75 GBP |
DAI+ to THB | ฿32.95 THB |
DAI+ to RUB | ₽92.31 RUB |
DAI+ to BRL | R$5.43 BRL |
DAI+ to AED | د.إ3.67 AED |
DAI+ to TRY | ₺34.10 TRY |
DAI+ to CNY | ¥7.05 CNY |
DAI+ to JPY | ¥143.85 JPY |
DAI+ to HKD | $7.78 HKD |