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The current real-time price of DAI+ is $0.9962. In the past 24 hours, DAI+ has traded between $0.9962 and $0.9962, showing strong market activity. The all-time high of DAI+ is $2.7, and the all-time low is $0.0008.
From a short-term perspective, the price change of DAI+ over the past 1 hour is , over the past 24 hours is +0.00%, and over the past 7 days is --. These figures provide a quick overview of the latest price trends and market dynamics of DAI+ on LBank.+0.28%
The live price of DAI+ today is $0.9962, with a current market cap of $0. The 24-hour trading volume is 10.59. The price of DAI+ to USD is updated in real time.
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Before deciding whether to buy or sell DAI+, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s DAI+ technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for DAI+.
How much will DAI+ be worth tomorrow, next week, or next month in ? What about your DAI+ assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! DAI+ Price Prediction
To learn more about DAI+, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
base | 0x164b...656eed  | 8,453 | 11.56% |
arbitrum-one | 0x6c9a...cfba38 | 4,190 | 5.73% |
arbitrum-one | 0x1b22...b7c0a6 | 1,639 | 2.24% |
optimistic-ethereum | 0x6670...88f223 | 1,399 | 1.91% |
optimistic-ethereum | 0x69c2...0cd243 | 707 | 0.97% |
Other | 56,758.63 | 77.6% |
DAI+ is a stablecoin offered by Overnight.fi, engineered to maintain a 1:1 peg with DAI. It comprises aDAI (sourced from Aave) and USD+. Its main function is to facilitate boosted pools specifically on the Optimism network, providing a stable asset for various DeFi activities in that environment.
While DAI+ itself is pegged to DAI, the yield generation mechanism lies within its underlying component, USD+. Overnight.fi employs various neutral-risk DeFi strategies for USD+ to accrue yield. This accumulated yield is then distributed to USD+ holders through a daily rebase mechanism, effectively increasing their USD+ balance and, consequently, the value backing DAI+.
The OVN token serves multiple utility roles within the Overnight protocol. It is utilized for "bribes" to incentivize liquidity providers, and for voting rights in the decentralized risk monitoring and management process. Critically, OVN also acts as an insurance mechanism for rebase tokens like DAI+, designed to absorb the initial loss in scenarios where a negative rebase might occur due to collateral value fluctuations.
Holding DAI+ carries risks common to rebase tokens in the Overnight.fi ecosystem. A primary concern is the potential for a negative rebase if the underlying collateral value drops below 100%. While an OVN token-backed insurance mechanism is in place to absorb the first loss in such events, the yield generated from its underlying assets is not guaranteed and can fluctuate daily, impacting overall returns.
Overnight.fi prioritizes stability and security through a robust structure, stringent measures, and regular audits. Its stablecoins, including DAI+, are 100% collateralized with assets instantly convertible to their pegged value. For practical accessibility, DAI+ is specifically designed for boosted pools on the Optimism network, offering high liquidity with straightforward minting and redemption processes for users within that ecosystem.
DAI+ cannot be minted as a standalone token directly by users. Its creation process is intrinsically linked to the underlying mechanisms of the Overnight.fi protocol, specifically through its composition of aDAI and USD+. Users interact with the protocol to acquire DAI+, rather than minting it separately as an individual asset.
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