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About SMARDEX USDN

USDN is a pioneering synthetic U.S. dollar token developed within the SmarDex ecosystem. Unlike traditional stablecoins that often depend on centralized reserves or collateral to maintain their value, USDN employs a fully decentralized approach. Its value stability is achieved through a mathematical financial process known as a Delta-Neutral strategy. This strategy involves balancing two distinct groups of participants: - Vault Participants: These users deposit assets into the protocol’s vault to mint USDN tokens. - Long Position Traders: These traders open leveraged long positions on the underlying asset, seeking amplified exposure. The interplay between these groups ensures that USDN maintains a value close to that of the U.S. dollar while simultaneously generating yields for its holders. This design offers a decentralized alternative to traditional stablecoins, providing both stability and profitability within the decentralized finance (DeFi) landscape. 

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6/11/2025, 3:09:50 AM

Trading Insights

Searched

1

Market Stats

Market Cap

A$5.62M

3.24%

FDV

A$5.62M

Circ. Supply

3.6M USDN

Max Supply

Not enough data

Total Supply

3.6M USDN

Diluted Valuation

A$5.62M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

A$15.59

-0.02%

Volume (7D)

A$18.33K

Volume (30D)

A$78.45K

All time high

A$1.60

Price Change (1Y)

0.31%

Additional info about SMARDEX USDN

Recent trends

The latest USDN price is A$1.54. Compared to SMARDEX USDN's value of A$1.55 from 24 hours ago, there's been a -1% decrease, while the current price is -0% down from A$1.56 which was recorded one week ago. SMARDEX USDN's all time high is A$1.60, which was reached on April 12, 2025. This is a -4% change from its price today.

The market cap is currently A$5.62M, which is a result of multiplying the current price of SMARDEX USDN(A$1.54) by the total supply(3,642,002 USDN). The fully diluted valuation of SMARDEX USDN is A$5.62M. The diluted valuation of SMARDEX USDN is A$5.62M.

Market details

USDN vs markets

↘ 27.82%

USDN vs BTC

↘ 37.61%

USDN vs ETH

↗ 28.3%

Tags

stablecoin

Network & Addresses

Network
Address

Ethereum

0xde17a000BA631c5d7c2Bd9FB692EFeA52D90DEE2

Price history

Time
Price
Change
Today
A$1.54
↘ 0.50%
1 Day
A$1.55
↘ 0.50%
1 Week
A$1.56
↘ 0.26%
1 Month
A$1.58
↘ 0.72%
1 Year
A$1.59
↗ 0.31%

FAQ

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