About Overnight DAI+
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
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Trading Insights
Traders
6
Market Stats
Market Cap
$12.48K
FDV
$15.38M
Circ. Supply
12K DAI+
Max Supply
Not enough data
Total Supply
15M DAI+
Diluted Valuation
$2.54M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$781.10
320.51%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$26.88
Price Change (1Y)
0.22%
Additional info about Overnight DAI+
Recent trends
The latest DAI+ price is $1.00. Compared to Overnight DAI+'s value of $1.00 from 24 hours ago, there's been a 0% increase, while the current price is 1% up from $1.00 which was recorded one week ago. Overnight DAI+'s all time high is $26.88, which was reached on December 18, 2023. This is a -96% change from its price today.
The market cap is currently $12.48K, which is a result of multiplying the current price of Overnight DAI+($1.00) by the total supply(15,397,090 DAI+). The fully diluted valuation of Overnight DAI+ is $15.38M. The diluted valuation of Overnight DAI+ is $15.38M.
Market details
DAI+ vs markets
↘ 22.06%
DAI+ vs BTC
↘ 34.27%
DAI+ vs ETH
↗ 46.08%
Tags
stablecoin
asset-backed-stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Optimism | 0x970D50d09F3a656b43E11B0D45241a84e3a6e011 | |
Arbitrum | 0xeb8E93A0c7504Bffd8A8fFa56CD754c63aAeBFe8 | |
Base | 0x65a2508C429a6078a7BC2f7dF81aB575BD9D9275 |
Price history
Time | Price | Change |
|---|---|---|
Today | $1.00 | ↗ 0.43% |
1 Day | $1.00 | ↗ 0.43% |
1 Week | $1.00 | ↗ 0.57% |
1 Month | $1.00 | ↗ 0.34% |
1 Year | $1.00 | ↗ 0.22% |
FAQ
We update our Overnight DAI+ to USD currency in real-time. Get the live price of Overnight DAI+ on Coinbase.
The current market cap of Overnight DAI+ is $12.48K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Overnight DAI+ is $26.88. This all-time high is highest price paid for Overnight DAI+ since it was launched.
Over the last 24 hours, the trading volume of Overnight DAI+ is $781.10.
Assets that have a similar market cap to Overnight DAI+ include Ethlas, Flame Protocol, Toad Killer, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Overnight DAI+ is 12 thousand.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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