Rank #11824
dai+ Overnight.fi DAI+
$ 0.9962
0.00001443 BTC
1,443 satoshies
Market Cap
-
24 Hour Trading Vol
10.5935 $
Circulating Supply
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Total Supply
2,51 MLN.
Max Supply
-
Fully Diluted Valuation
2,50 MLN. $
Low
Range
High
Info
1h
24h
7d
1m
1y
max
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Overnight.fi DAI+ Price Statistics
0.9962 $
0.9813 $ / 0.9962 $
10.5935 $
#11824
2.7 $
-63.06%
30 March, 2024, (a year ago)
0.0008484 $
117,439.86%
17 October, 2023, (2 years ago)
Overnight.fi DAI+ Top Markets
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Overnight.fi DAI+ Performance
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About Coin
Overnight Finance is an asset management protocol offering passive yield products based on delta-neutral strategies, primarily for conservative stablecoin investors.
DAI+ 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 DAI+ against DAI instantly on request.
The advantage DAI+ has is our ability to maintain the peg without deploying own capital - as DAI+ can be minted/redeemed against DAI instantly, we are able to arbitrage our pools using flashloans, without own capital, thus maintaining the peg.
DAI+ is the equivalent of USD+, pegged to DAI 1:1. DAI+ consist of aDAI (Aave) and USD+. It has been designed for boosted pools (Balancer and Beethoven) on Optimism. It cannot be minted separately
Where is Overnight.fi DAI+ available for purchase?
You can exchange DAI+ tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Overnight.fi DAI+ is SwapBased, notably the DAI+/USD pair, which saw a trading volume of $ 10.59 in the past day. Additionally, Wombat (Arbitrum) is popular alternative for trading tokens.
What is the highest value Overnight.fi DAI+ (DAI+) has ever reached?
Overnight.fi DAI+ (DAI+) reached its peak price at 2.7 $ on 30 March 2024, approximately a year ago ago. Presently, the current price is -63.1% lower than this all-time high.
What is the historical minimum price for Overnight.fi DAI+ (DAI+)?
The minimum price reached for Overnight.fi DAI+ (DAI+) was 0.0008484 $, documented on 17 October 2023, more than 2 years ago. In comparison, the current price is 117,322.44%, it above this historical low.
What is the fully diluted valuation of Overnight.fi DAI+ (DAI+)?
The fully diluted valuation (FDV) of Overnight.fi DAI+ (DAI+) stands at $ 2,50 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of DAI+ tokens. The realization of this FDV might take several years depending on the emission schedule of DAI+ tokens.
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