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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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6/9/2025, 2:00:01 AM

Market Stats

Market Cap

S$4.70M

-0.07%

FDV

S$4.70M

Circ. Supply

3.6M USDN

Max Supply

Not enough data

Total Supply

3.6M USDN

Diluted Valuation

S$4.71M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

S$13.05

0.02%

Volume (7D)

S$115.98K

Volume (30D)

S$496.40K

All time high

S$1.34

Price Change (1Y)

0.26%

Additional info about SMARDEX USDN

Recent trends

The latest USDN price is S$1.29. Compared to SMARDEX USDN's value of S$1.29 from 24 hours ago, there's been a -0% decrease, while the current price is -2% down from S$1.31 which was recorded one week ago. SMARDEX USDN's all time high is S$1.34, which was reached on April 12, 2025. This is a -4% change from its price today.

The market cap is currently S$4.70M, which is a result of multiplying the current price of SMARDEX USDN(S$1.29) by the total supply(3,645,959 USDN). The fully diluted valuation of SMARDEX USDN is S$4.70M. The diluted valuation of SMARDEX USDN is S$4.70M.

Market details

USDN vs markets

↘ 24.45%

USDN vs BTC

↘ 33.96%

USDN vs ETH

↗ 47.38%

Tags

stablecoin

Network & Addresses

Network
Address

Ethereum

0xde17a000BA631c5d7c2Bd9FB692EFeA52D90DEE2

Price history

Time
Price
Change
Today
S$1.29
↘ 0.19%
1 Day
S$1.29
↘ 0.19%
1 Week
S$1.31
↘ 1.55%
1 Month
S$1.31
↘ 0.33%
1 Year
S$1.36
↗ 0.26%

FAQ

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