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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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6/19/2025, 4:20:37 AM

Market Stats

Market Cap

₹324.91M

-0.23%

FDV

₹324.91M

Circ. Supply

3.7M USDN

Max Supply

Not enough data

Total Supply

3.7M USDN

Diluted Valuation

₹324.93M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

₹876.93

-0.01%

Volume (7D)

₹6.48K

Volume (30D)

₹25.62K

All time high

₹90.10

Price Change (1Y)

0.12%

Additional details

Recent trends

The latest USDN price is ₹86.67. Compared to SMARDEX USDN's value of ₹86.66 from 24 hours ago, there's been a -0% decrease, while the current price is -1% down from ₹86.02 which was recorded one week ago. SMARDEX USDN's all time high is ₹90.10, which was reached on April 12, 2025. This is a -4% change from its price today.

The market cap is currently ₹324.91M, which is a result of multiplying the current price of SMARDEX USDN(₹86.67) by the total supply(3,749,029 USDN). The fully diluted valuation of SMARDEX USDN is ₹324.91M. The diluted valuation of SMARDEX USDN is ₹324.91M.

Market details

USDN vs markets

↘ 28.62%

USDN vs BTC

↘ 38.2%

USDN vs ETH

↗ 39.23%

Tags

stablecoin

Network & Addresses

Network
Address

Ethereum

0xde17a000BA631c5d7c2Bd9FB692EFeA52D90DEE2

Price history

Time
Price
Change
Today
₹86.67
↘ 0.25%
1 Day
₹86.66
↘ 0.25%
1 Week
₹86.02
↘ 0.52%
1 Month
₹86.30
↘ 0.69%
1 Year
₹86.48
↗ 0.12%

FAQ

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