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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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6/8/2025, 12:24:19 PM

Trading Insights

Traders

10

Market Stats

Market Cap

S$16.10K

FDV

S$19.83M

Circ. Supply

12K DAI+

Max Supply

Not enough data

Total Supply

15M DAI+

Diluted Valuation

S$3.26M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

S$813.39

90.45%

Volume (7D)

Not enough data

Volume (30D)

Not enough data

All time high

S$34.65

Price Change (1Y)

0.15%

Additional info about Overnight DAI+

Recent trends

The latest DAI+ price is S$1.29. Compared to Overnight DAI+'s value of S$1.29 from 24 hours ago, there's been a 0% increase, while the current price is 0% up from S$1.29 which was recorded one week ago. Overnight DAI+'s all time high is S$34.65, which was reached on December 18, 2023. This is a -96% change from its price today.

The market cap is currently S$16.10K, which is a result of multiplying the current price of Overnight DAI+(S$1.29) by the total supply(15,397,090 DAI+). The fully diluted valuation of Overnight DAI+ is S$19.83M. The diluted valuation of Overnight DAI+ is S$19.83M.

Market details

DAI+ vs markets

↘ 24.28%

DAI+ vs BTC

↘ 34.02%

DAI+ vs ETH

↗ 47.7%

Tags

stablecoin

asset-backed-stablecoin

Network & Addresses

Network
Address

Optimism

0x970D50d09F3a656b43E11B0D45241a84e3a6e011

Arbitrum

0xeb8E93A0c7504Bffd8A8fFa56CD754c63aAeBFe8

Base

0x65a2508C429a6078a7BC2f7dF81aB575BD9D9275

Price history

Time
Price
Change
Today
S$1.29
↗ 0.21%
1 Day
S$1.29
↗ 0.21%
1 Week
S$1.29
↗ 0.24%
1 Month
S$1.30
↘ 0.56%
1 Year
S$1.35
↗ 0.15%

FAQ

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