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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Sign me upMarket Stats
Market Cap
R$20.91M
-0.32%
FDV
R$20.91M
Circ. Supply
3.7M USDN
Max Supply
Not enough data
Total Supply
3.7M USDN
Diluted Valuation
R$20.89M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
R$56.52
0.01%
Volume (7D)
R$85.94K
Volume (30D)
R$367.83K
All time high
R$5.81
Price Change (1Y)
0.09%
Additional info about SMARDEX USDN
Recent trends
The latest USDN price is R$5.58. Compared to SMARDEX USDN's value of R$5.56 from 24 hours ago, there's been a -0% decrease, while the current price is -0% down from R$5.62 which was recorded one week ago. SMARDEX USDN's all time high is R$5.81, which was reached on April 12, 2025. This is a -4% change from its price today.
The market cap is currently R$20.91M, which is a result of multiplying the current price of SMARDEX USDN(R$5.58) by the total supply(3,742,947 USDN). The fully diluted valuation of SMARDEX USDN is R$20.91M. The diluted valuation of SMARDEX USDN is R$20.91M.
Market details
USDN vs markets
↘ 25.29%
USDN vs BTC
↘ 37.03%
USDN vs ETH
↗ 36.68%
Tags
stablecoin
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0xde17a000BA631c5d7c2Bd9FB692EFeA52D90DEE2 |
Price history
Time | Price | Change |
---|---|---|
Today | R$5.58 | ↘ 0.39% |
1 Day | R$5.56 | ↘ 0.39% |
1 Week | R$5.62 | ↘ 0.38% |
1 Month | R$5.64 | ↘ 0.11% |
1 Year | R$5.94 | ↗ 0.09% |