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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Market Stats
Market Cap
CA$5.08M
-0.03%
FDV
CA$5.08M
Circ. Supply
3.7M USDN
Max Supply
Not enough data
Total Supply
3.7M USDN
Diluted Valuation
CA$5.08M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
CA$13.73
-99.73%
Volume (7D)
CA$10.57K
Volume (30D)
CA$45.24K
All time high
CA$1.41
Price Change (1Y)
0.16%
Additional info about SMARDEX USDN
Recent trends
The latest USDN price is CA$1.36. Compared to SMARDEX USDN's value of CA$1.36 from 24 hours ago, there's been a -0% decrease, while the current price is -0% down from CA$1.38 which was recorded one week ago. SMARDEX USDN's all time high is CA$1.41, which was reached on April 12, 2025. This is a -4% change from its price today.
The market cap is currently CA$5.08M, which is a result of multiplying the current price of SMARDEX USDN(CA$1.36) by the total supply(3,744,092 USDN). The fully diluted valuation of SMARDEX USDN is CA$5.08M. The diluted valuation of SMARDEX USDN is CA$5.08M.
Market details
USDN vs markets
↘ 28.6%
USDN vs BTC
↘ 37.57%
USDN vs ETH
↗ 33.83%
Tags
stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xde17a000BA631c5d7c2Bd9FB692EFeA52D90DEE2 |
Price history
Time | Price | Change |
|---|---|---|
Today | CA$1.36 | ↘ 0.06% |
1 Day | CA$1.36 | ↘ 0.06% |
1 Week | CA$1.38 | ↘ 0.50% |
1 Month | CA$1.36 | ↘ 1.73% |
1 Year | CA$1.44 | ↗ 0.16% |
FAQ
We update our SMARDEX USDN to CAD currency in real-time. Get the live price of SMARDEX USDN on Coinbase.
The current market cap of SMARDEX USDN is CA$5.08M. A high market cap implies that the asset is highly valued by the market.
The all-time high of SMARDEX USDN is CA$1.41. This all-time high is highest price paid for SMARDEX USDN since it was launched.
Over the last 24 hours, the trading volume of SMARDEX USDN is CA$13.73.
Assets that have a similar market cap to SMARDEX USDN include Serum, Router Protocol (New), zkRace, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of SMARDEX USDN is 3.7 million.
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Legal
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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