$0.993561
-$0.000268(-0.02%)
Market Cap
--
24h High
$0.993561
24h Low
$0.993561
24h Turnover
$469.72
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
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Gate VIP Futures Elite Challenge Season 4: From Rankings to Multi-Track TradingThe 4th edition of the 2026 VIP Contract Elite Challenge is now live. This round adds a CFD trading volume leaderboard and includes USD 1 contract trading volume. Multiple tracks and task mechanisms are in place. Here’s a detailed breakdown of the competition rules.2026-08-28
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