Overnight.fi USD+ (Base)
USD+ Rank #3996Price chart
What is Overnight.fi USD+ (Base)?
Overview
USD+ is designed to maintain a stable US dollar peg while generating yield for holders through a diversified portfolio of conservative DeFi investments. The token enables low-cost global payments and transactions for individuals and businesses seeking both stability and return on stablecoin holdings. Daily attestations by independent third parties verify reserve collateralization, addressing transparency concerns in the stablecoin market.
How it works
USD+ is an ERC20 token deployed on Base and multiple other networks including Arbitrum, Optimism, Linea, Blast, and zkSync. The token uses a rebase mechanism that adjusts wallet balances daily, distributing generated yield directly to holders as increased token amounts rather than separate rewards.
Peg and backing
USD+ maintains its dollar peg through a 'NAV of 1' policy ensuring the market value of underlying assets equals circulating token supply. The token is fully collateralized by USDC, DAI, and USDT reserves. A positive rebase occurs when collateral value exceeds 100%; a negative rebase when it falls below, maintaining the peg mechanism. The liquidity index tracks the ratio of issued tokens to asset volume deployed in strategies.
Where to trade USD+
Exchanges that list this asset
Live spot quotes from connected exchanges
USD+ funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.