The current real-time price of USD+ is $0.9983. In the past 24 hours, USD+ has traded between $0.9948 and $0.9995, showing strong market activity. The all-time high of USD+ is $1.25, and the all-time low is $0.7365.
From a short-term perspective, the price change of USD+ over the past 1 hour is , over the past 24 hours is -0.39%, and over the past 7 days is -0.11%. These figures provide a quick overview of the latest price trends and market dynamics of USD+ on LBank.-0.41%
The live price of USD+ today is $0.9983, with a current market cap of $48.005M. The 24-hour trading volume is 1.46. The price of USD+ to USD is updated in real time.
Before deciding whether to buy or sell USD+, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s USD+ 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 USD+.
How much will USD+ be worth tomorrow, next week, or next month in ? What about your USD+ assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! USD+ Price Prediction
To learn more about USD+, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
binance-smart-chain | 0x954b...aa0f54  | 67,649 | 57.98% |
binance-smart-chain | 0x4e5b...a7a8dc | 61,939 | 53.08% |
binance-smart-chain | 0xdb6a...1d1680 | 23,553 | 20.19% |
binance-smart-chain | 0x977b...4fffe5 | 15,499 | 13.28% |
polygon-pos | 0xa974...5774f3 | 15,473 | 13.26% |
Other | -67,433.3 | -57.79% |
USD+ is a yield-generating digital asset designed to maintain a 1:1 peg with major stablecoins. Unlike static stablecoins, USD+ actively generates returns for its holders. It achieves this by being fully collateralized by a diverse portfolio of yield-generating assets deployed across various decentralized finance (DeFi) strategies, with the earned yield distributed directly to token holders.
No, USD+ is not an algorithmic stablecoin. The Overnight.fi protocol specifically avoids algorithmic models, which rely on complex mint/burn mechanisms without direct asset backing. Instead, USD+ is fully backed by "immediately convertible" and liquid assets, primarily leading stablecoins like USDC, USDT, and DAI. These assets are strategically deployed in conservative, low-risk DeFi protocols, such as major lending platforms or stable-to-stable liquidity pools, ensuring robust collateralization.
USD+ maintains its peg through a "NAV (Net Asset Value) of 1" policy, meaning every USD+ in circulation is backed by at least $1 worth of collateral. A key mechanism is the ability for users to directly mint or redeem USD+ for major stablecoins via the Overnight.fi application at a 1:1 ratio, typically with a small fee. This direct convertibility provides a hard arbitrage floor and ceiling, ensuring the token's value remains stable around $1 even if minor fluctuations occur on secondary markets.
Earning with USD+ is designed to be straightforward: you simply hold the token in your wallet. Unlike many other yield-bearing assets, there's no need to stake or lock up your USD+ to receive the base yield. The underlying protocol actively manages a portfolio of DeFi strategies, generating profits. These profits are then distributed to all USD+ holders through a daily rebase mechanism, which automatically increases the amount of USD+ tokens in your wallet.
Rebase is the core mechanism through which USD+ distributes yield. Once a day, the Overnight.fi protocol calculates the total profit generated from its diversified DeFi investment strategies. Subsequently, new USD+ tokens are minted, equivalent to the day's earnings, and these newly minted tokens are automatically distributed proportionally to all existing USD+ holders. This process directly increases the balance of USD+ tokens in each holder's wallet, reflecting the accumulated yield without requiring any manual action from the user.
The primary risks with USD+ include: 1. Smart Contract Risk: Potential vulnerabilities or bugs within the Overnight.fi protocol's own smart contracts. 2. Third-Party Protocol Risk: Since USD+ collateral is deployed in other DeFi protocols (e.g., major lending platforms or decentralized exchanges), a hack or failure in any of these external protocols could impact USD+’s underlying assets. 3. Collateral De-pegging Risk: The possibility that the underlying collateral assets themselves (e.g., USDC, USDT, DAI) could lose their 1:1 peg, thereby affecting USD+'s value. The protocol has audit reports and an insurance mechanism to mitigate these risks.
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