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
Trading Insights
Traders
13
Market Stats
Market Cap
£8.37K
FDV
£11.35M
Circ. Supply
11K DAI+
Max Supply
Not enough data
Total Supply
15M DAI+
Diluted Valuation
£1.87M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£7.89
177.33%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£26.88
Price Change (1Y)
-0.72%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Overnight DAI+ has decreased by 0.04% in the last hour and decreased by 1.31% in the past 24 hours. Overnight DAI+’s price has also fallen by 0.66% in the past week. The current price is £0.74 per DAI+ with a 24-hour trading volume of £7.89. Currently, Overnight DAI+ is valued at 97.25% below its all time high of £26.88. This all-time high was the highest price paid for Overnight DAI+ since its launch.
The current circulating supply of Overnight DAI+ is 11,356.77 DAI+ which means that Overnight DAI+ has as total market cap of £8,370.67.
Market details
DAI+ vs markets
↘ 38.97%
DAI+ vs BTC
↘ 46.45%
DAI+ vs ETH
↗ 0.45%
Tags
stablecoin
asset-backed-stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Optimism | 0x970D50d09F3a656b43E11B0D45241a84e3a6e011 | |
Arbitrum | 0xeb8E93A0c7504Bffd8A8fFa56CD754c63aAeBFe8 | |
Base | 0x65a2508C429a6078a7BC2f7dF81aB575BD9D9275 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.74 | ↘ 1.31% |
1 Day | £0.75 | ↘ 1.31% |
1 Week | £0.74 | ↘ 0.66% |
1 Month | £0.74 | ↘ 0.49% |
1 Year | £0.77 | ↘ 0.72% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
We update our Overnight DAI+ to GBP currency in real-time. Get the live price of Overnight DAI+ on Coinbase.
The current market cap of Overnight DAI+ is £8.37K. 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 £7.89.
Assets that have a similar market cap to Overnight DAI+ include Ethlas, TrumpCoin, ScapesMania, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Overnight DAI+ is 11 thousand.
Overnight DAI+ calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. 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. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.