USDN/USDT
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. 
Score | |
|---|---|
24h Vol | $85.28 |
Liquidity | $262.85 |
Holders | 5K |
Audits | |
Age | 1 year |
FDV | $1.2M |
Market Cap | $1.2M |
| Addresses | |
|---|---|
| Pool | |
| USDN |  |
| USDT | |
USDN to USDT Converter
Score | |
|---|---|
24h Vol | $85.28 |
Liquidity | $262.85 |
Holders | 5K |
Audits | |
Age | 1 year |
FDV | $1.2M |
Market Cap | $1.2M |
About Ultimate Synthetic Delta Neutral (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. 
USDN/USDT Price Stats
The current price of USDN (USDN/USDT) on Curve is $0.9899, the price is up -1.09% in the last 24 hours. Its 24-hour trading volume is reported to be at $85.28 with a total of 2 transactions. USDN/USDT contract address is 0xf01627c39b427654dc984571b3ae32e4136813ec, with a Fully Diluted Valuation (FDV) of $1.25M and a liquidity pool of $262.85.
