24h Vol | $19.13 |
---|---|
Liquidity | $134.51 |
Holders | 20.53K |
Age | 9 months |
FDV | $434.68K |
Market Cap | $434.68K |
About OVN (OVN)
At the core of Overnight is the concept of stablecoin-based DeFi. The platform introduces stablecoins like USD+, DAI+, and USDT+ that are designed to maintain a stable value relative to their underlying assets. These stablecoins serve as foundational building blocks for users to access various opportunities within the DeFi landscape. Overnight.fi is a protocol focusing on asset management, with a specialization in neutral-risk strategies. At the heart of its product line is USD+, which is a yield-driven stablecoin, fully backed by collateral. This collateral for USD+ is rooted in DeFi strategies that generate returns. These strategies encompass lending to platforms like Aave, and include both stablecoin-to-stablecoin and neutral-risk strategies. The goal of issuing OVN is twofold: Promote and popularize USD+, which is achieved with using OVN for bribes; Establish a robust & decentralized risk monitoring and management processes at the protocol level. OVN token will provide standard voting rights which will be key to realizing the vision of decentralized risk-management. OVN token should help align community incentives with this goal: to reward for supporting conservative risk decisions, and for vetoing aggressive ones.
Other Pools Trading OVN (OVN)
OVN/WETH Price Stats
The current price of OVN (OVN/WETH) on SquadSwap (Base) is $0.5311, the price is up 40.4% in the last 24 hours. Its 24-hour trading volume is reported to be at $19.13 with a total of 36 transactions. OVN/WETH contract address is 0x9f9e89ae31bd17cbb3c1076743f35ef10bda4905, with a Fully Diluted Valuation (FDV) of $434.05K and a liquidity pool of $134.51.