# USD+ (USD+)

> USD+ 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 USD+ against USDC instantly on request.

USD+ is used for (1) liquidity management - temporary parking of spare stablecoin cash (2) AMM trading and (3) leveraged yield farming. USD+ brings the benefit of capital efficiency to stablecoin usage, i.e. extra yield on idle stablecoins and/or used in major protocols

USD+ is currently on Polygon and expanding to other chains. We are going to market by establishing USD+ trading pairs at leading AMMs: (1) Stablecoin boosted pools on Balancer/Beethoven (2) ETH-USD+, Matic-USD+ on Quickswap/Uni V2, (3) potentially, Curve. The advantage USD+ has is our ability to maintain the peg without deploying our own capital - as USD+ can be minted/redeemed against USDC instantly, we are able to arbitrage our pools using flashloans, without our own capital, thus maintaining the peg.

## Price Data

- **Current Price**: $1.00
- **Market Cap**: $144.09K
- **Fully Diluted Valuation**: $144.09K
- **Circulating Supply**: 144,055.818 USD+
- **Total Supply**: 144,055.818 USD+

## Price Changes

- **24h**: +0.00%
- **30d**: +0.13%
- **90d**: +0.00%
- **365d**: -0.00%

## Chain Availability

Available on: arbitrum, avalanche, base, binance-smart-chain, blast, linea, optimism, polygon, zksync-era

## Resources

- [Website](https://overnight.fi/)
- [Discord](https://discord.gg/overnight-fi)
- [Coingecko](https://www.coingecko.com/en/coins/usd)
- [Dex.guru](https://dex.guru/token/optimism/0x73cb180bf0521828d8849bc8cf2b920918e23032)
- [Dex.guru](https://dex.guru/token/arbitrum/0xe80772eaf6e2e18b651f160bc9158b2a5cafca65)
- [Dex.guru](https://dex.guru/token/avalanche/0xe80772eaf6e2e18b651f160bc9158b2a5cafca65)
- [Dex.guru](https://dex.guru/token/polygon/0x236eec6359fb44cce8f97e99387aa7f8cd5cde1f)

## Links

- [View on Zerion](https://app.zerion.io/tokens/USD+-7806f290-24a3-47fa-855a-a05066e7045e)
- [Trade on Zerion](https://app.zerion.io/tokens/USD+-7806f290-24a3-47fa-855a-a05066e7045e)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset