$0.993561
-$0.000139(-0.01%)
Market Cap
--
24h High
$0.993561
24h Low
$0.993561
24h Turnover
$2.00
Total Supply
48.08M
Market Sentiment
Neutral
About Overnight.fi USD+ (USD+)
USD+ 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 USD+ against USDC instantly on request.
USD+ is used for (1) liquidity management - temporary parking of spare stablecoin cash (2) AMM trading and (3) leveraged yield farming. USD+ brings the benefit of capital efficiency to stablecoin usage, i.e. extra yield on idle stablecoins and/or used in major protocols
USD+ is currently on Polygon and expanding to other chains. We are going to market by establishing USD+ trading pairs at leading AMMs: (1) Stablecoin boosted pools on Balancer/Beethoven (2) ETH-USD+, Matic-USD+ on Quickswap/Uni V2, (3) potentially, Curve. The advantage USD+ has is our ability to maintain the peg without deploying our own capital - as USD+ can be minted/redeemed against USDC instantly, we are able to arbitrage our pools using flashloans, without our own capital, thus maintaining the peg.
Overnight.fi USD+ (USD+) Basics & Market Insights
Market Analysis
Spain Wins World Cup Again After 16 Years—What Does a 5 Billion USD Monthly Trading Volume Mean for Prediction Markets?Spain clinches the championship with a 1-0 overtime victory over Argentina, as total trading volume in World Cup final prediction markets surpasses $5.55 billion. How is on-chain betting moving from the fringes to mainstream adoption?2026-07-20
How Much Can You Earn by Staking 1 BTC on Gate for One Year? A Detailed Guide to 2026’s Latest Yield CalculationsGate’s BTC staking program yields approximately 0.0042 BTC for staking 1 BTC over one year, which translates to about 269 USD at current market prices. Drawing on Gate’s market data, this article provides a detailed explanation of the tiered interest rate mechanism and the logic behind yield calculation.2026-07-16
Circle (CRCL) Faces Downgrade: Is Open USD Reshaping the Stablecoin Landscape?Open USD joins over 140 institutions including Stripe, Visa, and BlackRock, raising fundamental questions about USDC’s stablecoin moat.2026-07-15
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