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Overnight Finance Price

OVN
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Overnight Finance (OVN) Price Live Chart

Overnight Finance (OVN) Price Today

Overnight Finance(OVN) price today is $0.5335, with a 24-hour trading volume of $1.19K and as such Overnight Finance(OVN) has a market cap of --, giving it a market dominance of --. The Overnight Finance(OVN) price moved -0.69% in the last 24 hours.

OVN Price Data

  • 24H Volume$1.19K
  • All-Time High(ATH)$116.97
  • 24h High$0.5531
  • All-Time Low(ATL)$0.3284
  • 24h Low$0.5226

OVN Market Cap Infos

  • Fully Diluted Valuation$533.59K
  • Market SentimentNeutral

OVN Supply

  • Max Supply1M OVN

About Overnight Finance (OVN)

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At the core of Overnight is the concept of stablecoin-based DeFi. The platform introduces stablecoins like USD+, DAI+, and USDT+ that are designed to maintain a stable value relative to their underlying assets. These stablecoins serve as foundational building blocks for users to access various opportunities within the DeFi landscape. Overnight.fi is a protocol focusing on asset management, with a specialization in neutral-risk strategies. At the heart of its product line is USD+, which is a yield-driven stablecoin, fully backed by collateral. This collateral for USD+ is rooted in DeFi strategies that generate returns. These strategies encompass lending to platforms like Aave, and include both stablecoin-to-stablecoin and neutral-risk strategies. The goal of issuing OVN is twofold: Promote and popularize USD+, which is achieved with using OVN for bribes; Establish a robust & decentralized risk monitoring and management processes at the protocol level. OVN token will provide standard voting rights which will be key to realizing the vision of decentralized risk-management. OVN token should help align community incentives with this goal: to reward for supporting conservative risk decisions, and for vetoing aggressive ones.

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