About Overnight.fi DAI+ 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

Overnight.fi DAI+ (DAI+) Price Data

Overnight.fi DAI+ (DAI+) price has increased today.

Overnight.fi DAI+ price today is $0.9999 with a 24-hours trading volume up by -- %. DAI+ price is up in the last 24 hours. It has a circulating supply is 247,889 DAI+ coins and a total supply of 247,889.

What is the highest price for Overnight.fi DAI+?

The all-time high price of Overnight.fi DAI+ is $1.1838 on Dec 20, 2023.

What is the lowest price for Overnight.fi DAI+?

The all-time low price of Overnight.fi DAI+ is $0.000000000000997 on Feb 15, 2024.