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SMARDEX USDN
USDN
#2065
$0.9975
-0.12%
Low$0
High$0
Tags
About SMARDEX USDN USDN
USDN is a pioneering synthetic U.S. dollar token developed within the SmarDex ecosystem. Unlike traditional stablecoins that often depend on centralized reserves or collateral to maintain their value, USDN employs a fully decentralized approach. Its value stability is achieved through a mathematical financial process known as a Delta-Neutral strategy. This strategy involves balancing two distinct groups of participants: - Vault Participants: These users deposit assets into the protocol’s vault to mint USDN tokens. - Long Position Traders: These traders open leveraged long positions on the underlying asset, seeking amplified exposure. The interplay between these groups ensures that USDN maintains a value close to that of the U.S. dollar while simultaneously generating yields for its holders. This design offers a decentralized alternative to traditional stablecoins, providing both stability and profitability within the decentralized finance (DeFi) landscape. SMARDEX USDN (USDN) Price Data
SMARDEX USDN (USDN) price has decreased today.SMARDEX USDN price today is $0.9975 with a 24-hours trading volume up by 0.00%. USDN price is down in the last 24 hours. It has a circulating supply is 3.56M USDN coins and a total supply of 3.75M.What is the highest price for SMARDEX USDN?The all-time high price of SMARDEX USDN is $44.401 on Feb 28, 2025.What is the lowest price for SMARDEX USDN?The all-time low price of SMARDEX USDN is $0.9450 on Feb 3, 2025.Token Metrics
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Total Volume (24h)
$6,799
Market Cap
$3,556,551.00
Fully Diluted Val.
$3,747,967.82
CEX Volume (24h)
$6,799
DEX Volume (24h)
$33,177.67
Liquidity
$763,258.93
Circ. Supply
3,565,417
Total Supply
3,757,311
Rank
2,065
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