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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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6/6/2025, 8:31:22 PM

Market Stats

Market Cap

$3.62M

0.07%

FDV

$3.62M

Circ. Supply

3.6M USDN

Max Supply

Not enough data

Total Supply

3.6M USDN

Diluted Valuation

$3.62M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

$10.14

0.07%

Volume (7D)

$43.59K

Volume (30D)

$186.56K

All time high

$1.04

Price Change (1Y)

0.47%

Additional info about SMARDEX USDN

Recent trends

The latest USDN price is $1.00. Compared to SMARDEX USDN's value of $1.00 from 24 hours ago, there's been a 0% increase, while the current price is 0% up from $1.00 which was recorded one week ago. SMARDEX USDN's all time high is $1.04, which was reached on April 12, 2025. This is a -3% change from its price today.

The market cap is currently $3.62M, which is a result of multiplying the current price of SMARDEX USDN($1.00) by the total supply(3,599,762 USDN). The fully diluted valuation of SMARDEX USDN is $3.62M. The diluted valuation of SMARDEX USDN is $3.62M.

Market details

USDN vs markets

↘ 20.49%

USDN vs BTC

↘ 33.34%

USDN vs ETH

↗ 47.96%

Tags

stablecoin

Network & Addresses

Network
Address

Ethereum

0xde17a000BA631c5d7c2Bd9FB692EFeA52D90DEE2

Price history

Time
Price
Change
Today
$1.00
↗ 0.11%
1 Day
$1.00
↗ 0.11%
1 Week
$1.00
↗ 0.20%
1 Month
$1.01
↘ 0.49%
1 Year
$1.00
↗ 0.47%

FAQ

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