About Overnight
At the core of Overnight is the concept of stablecoin-based DeFi. The platform introduces stablecoins like USD+, DAI+, and USDT+ that are designed to maintain a stable value relative to their underlying assets. These stablecoins serve as foundational building blocks for users to access various opportunities within the DeFi landscape. Overnight.fi is a protocol focusing on asset management, with a specialization in neutral-risk strategies. At the heart of its product line is USD+, which is a yield-driven stablecoin, fully backed by collateral. This collateral for USD+ is rooted in DeFi strategies that generate returns. These strategies encompass lending to platforms like Aave, and include both stablecoin-to-stablecoin and neutral-risk strategies. The goal of issuing OVN is twofold: Promote and popularize USD+, which is achieved with using OVN for bribes; Establish a robust & decentralized risk monitoring and management processes at the protocol level. OVN token will provide standard voting rights which will be key to realizing the vision of decentralized risk-management. OVN token should help align community incentives with this goal: to reward for supporting conservative risk decisions, and for vetoing aggressive ones.
Happening now
AI generated 8h ago
OVN quietly leads Layer 2 assets with roughly
↗76%
outperformance over the past year, though lighter trading activity in recent weeks suggests consolidation as the broader category advances.
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Trading Insights
Traders
19
0%
Market Stats
Market Cap
€885.35K
FDV
€1.07M
Circ. Supply
830K OVN
Max Supply
1M OVN
Total Supply
830K OVN
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
€993.98
76.27%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
€92.37
Price Change (1Y)
Not enough data
30.04%
Additional details
Market details
OVN vs markets
↗ 45.33%
OVN vs BTC
↗ 51.02%
OVN vs ETH
↗ 18.25%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Optimism | 0x3b08fcd15280e7B5A6e404c4abb87F7C774D1B2e | |
Base | 0xA3d1a8DEB97B111454B294E2324EfAD13a9d8396 | |
Arbitrum | 0xA3d1a8DEB97B111454B294E2324EfAD13a9d8396 | |
BNB Smart Chain | 0x259B30C916e440FB79747cD559207FfdaBBae057 |
Price history
Time | Price | Change |
|---|---|---|
Today | €1.08 | |
1 Day | €1.05 | |
1 Week | €0.9211 | |
1 Month | €1.07 | |
1 Year | €0.8806 |
Coinbase insights
Happening now
AI generated 8h ago
OVN quietly leads Layer 2 assets with roughly
↗76%
outperformance over the past year, though lighter trading activity in recent weeks suggests consolidation as the broader category advances.
Strong foundation across multiple timeframes
The asset's yearly track record stands out among Layer 2 peers, with roughly
↗76%
outperformance over the past 12 months and a holder base exceeding 20,000 with well-distributed ownership patterns.
Building a base as sector advances
OVN is consolidating while Layer 2 peers rally, with roughly
↘6%
relative performance over the past month as trading activity normalizes to approximately $1,400 over the past 24 hours.
Trading patterns show typical distribution
Selling slightly outweighed buying over the past 24 hours at roughly 61% of trades, reflecting normal market distribution as the asset establishes current price levels.
Recent trends
The latest OVN price is €1.08. Compared to Overnight's value of €1.05 from 24 hours ago, there's been a 2% increase, while the current price is 16% up from €0.92 which was recorded one week ago. Overnight's all time high is €92.37, which was reached on April 13, 2024. This is a -99% change from its price today.
The current circulating supply of Overnight is 830,232. This is 83% of its max supply of 1,000,000 OVN and 100% of its total supply of 830,232. The market cap is currently €885.35K, which is a result of multiplying the current price of Overnight(€1.08) by the total supply(830,232 OVN). The fully diluted valuation of Overnight is €1.07M. The diluted valuation of Overnight is €1.07M.
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
