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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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6/20/2025, 1:13:26 PM

Trading Insights

Traders

13

Market Stats

Market Cap

₹985.59K

FDV

₹1.33B

Circ. Supply

11K DAI+

Max Supply

Not enough data

Total Supply

15M DAI+

Diluted Valuation

₹217.15M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

₹818.05

-10.8%

Volume (7D)

₹5.77K

Volume (30D)

₹26.35K

All time high

₹2.33K

Price Change (1Y)

-0.26%

Additional details

Recent trends

The latest DAI+ price is ₹86.31. Compared to Overnight DAI+'s value of ₹86.69 from 24 hours ago, there's been a -0% decrease, while the current price is -0% down from ₹86.13 which was recorded one week ago. Overnight DAI+'s all time high is ₹2,328.19, which was reached on December 18, 2023. This is a -96% change from its price today.

The market cap is currently ₹985.59K, which is a result of multiplying the current price of Overnight DAI+(₹86.31) by the total supply(15,397,090 DAI+). The fully diluted valuation of Overnight DAI+ is ₹1.33B. The diluted valuation of Overnight DAI+ is ₹1.33B.

Market details

DAI+ vs markets

↘ 29.31%

DAI+ vs BTC

↘ 39.75%

DAI+ vs ETH

↗ 37.17%

Tags

stablecoin

asset-backed-stablecoin

Network & Addresses

Network
Address

Optimism

0x970D50d09F3a656b43E11B0D45241a84e3a6e011

Arbitrum

0xeb8E93A0c7504Bffd8A8fFa56CD754c63aAeBFe8

Base

0x65a2508C429a6078a7BC2f7dF81aB575BD9D9275

Price history

Time
Price
Change
Today
₹86.31
↘ 0.26%
1 Day
₹86.69
↘ 0.26%
1 Week
₹86.13
↘ 0.35%
1 Month
₹85.82
↘ 0.63%
1 Year
₹83.51
↘ 0.26%

FAQ

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