# Overnight.fi USDT+ (USDT+)

> Overnight Finance is an asset management protocol offering passive yield products based on delta-neutral strategies, primarily for conservative stablecoin investors.

The pegging mechanism is based on the ‘NAV of 1’ policy (“Net Asset Value”), i.e. market value of assets equals the amount of USDT+ in circulation. This is achieved by:
– Conservative risk management aims to avoid daily losses by building a diversified portfolio of highly conservative DeFi Investments
– Daily distribution of profits in the form of a rebase to USDT+ holders; all yield collected by the USDT+ reserves are distributed to USDT+ holders directly by increasing their wallet balance once a day
Use a liquidity index reflecting the current ratio of the number of issued USDT+ tokens to the volume of assets on strategies (Strategy), expressed in USDT. 

## Price Data

- **Current Price**: $1.00
- **Market Cap**: $238.57K
- **Fully Diluted Valuation**: $238.57K
- **Circulating Supply**: 238,646.311 USDT+
- **Total Supply**: 238,646.311 USDT+

## Price Changes

- **24h**: -0.00%
- **30d**: -0.01%
- **90d**: -0.01%
- **365d**: -0.00%

## Chain Availability

Available on: arbitrum, binance-smart-chain, linea

## Resources

- [Website](https://overnight.fi)
- [Discord](https://discord.gg/overnight-fi)
- [Coingecko](https://www.coingecko.com/en/coins/usdtplus)
- [Dex.guru](https://dex.guru/token/arbitrum/0xb1084db8d3c05cebd5fa9335df95ee4b8a0edc30)

## Links

- [View on Zerion](https://app.zerion.io/tokens/USDT+-72df133c-27be-4aea-ad41-5fbaf607d3ce)
- [Trade on Zerion](https://app.zerion.io/tokens/USDT+-72df133c-27be-4aea-ad41-5fbaf607d3ce)

## 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