Overnight.fi USDT+

USDT+ Price

What is Overnight.fi USDT+ about?

Overnight Finance is an asset management protocol offering passive yield products based on delta-neutral strategies, primarily for conservative stablecoin investors.

What makes Overnight.fi USDT+ unique?

The pegging mechanism is based on the ‘NAV of 1’ policy (“Net Asset Value”), i.e. market value of assets equals the amount of USDT+ in circulation. This is achieved by: – Conservative risk management aims to avoid daily losses by building a diversified portfolio of highly conservative DeFi Investments – Daily distribution of profits in the form of a rebase to USDT+ holders; all yield collected by the USDT+ reserves are distributed to USDT+ holders directly by increasing their wallet balance once a day Use a liquidity index reflecting the current ratio of the number of issued USDT+ tokens to the volume of assets on strategies (Strategy), expressed in USDT.

Where can you buy Overnight.fi USDT+?

USDT+ tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Overnight.fi USDT+ is PancakeSwap V3 (Arbitrum), where the most active trading pair USDT+/XUSD has a trading volume of $978.42 in the last 24 hours.

What is the daily trading volume of Overnight.fi USDT+ (USDT+)?

The trading volume of Overnight.fi USDT+ (USDT+) is $987.57 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Overnight.fi USDT+ (USDT+)?

Overnight.fi USDT+ (USDT+) reached an all-time high of $1.25 and an all-time low of $0.7863. It’s now trading -20.00% below that peak and 27.00% above its lowest price.

What is the market cap of Overnight.fi USDT+ (USDT+)?

Market capitalization of Overnight.fi USDT+ (USDT+) is $238,469 and is ranked #- on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of USDT+ tokens (240 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Overnight.fi USDT+ (USDT+)?

The fully diluted valuation (FDV) of Overnight.fi USDT+ (USDT+) is $238,469. This is a statistical representation of the maximum market cap, assuming total number of 240 Thousand ETH tokens are in circulation today.

How does the price performance of Overnight.fi USDT+ compare against its peers?

With a price decline of 0.00% in the last 7 days, Overnight.fi USDT+ (USDT+) is underperforming the global cryptocurrency market which is up 3.90%, while underperforming when compared to similar Stablecoins cryptocurrencies which are up 0.80%.