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USDN

USDN

SmarDex
ethereum
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About

USDN is a synthetic U.S. dollar token issued by SmarDex, designed to maintain a value through a delta-neutral strategy. It uses algorithmic methods to balance long and short positions, utilizing SmarDex’s exchange infrastructure.

Categories

Algorithmic Strategy
Crypto Backed
Delta Neutral
Exotic On-chain

Risks

Cost Bleed
Defi Hacks
Liquidations Oracle Issues
More information about the risks and mechanisms for this asset will soon be added. Follow us on Twitter to stay updated on this and other assets.
TVL
$4.33M
-1.19%
Price
$1.00
-0.70%
APY (30d)
12.19%
+2.17%
+8.13%
YPO (30d)
$43.45K

Performance History

TVL/YPO History

Historical Data

APY/Benchmarks History

Holder Distribution

Total holdings on Ethereum: $4.32M

Top 20 Holders Breakdown
SmarDex
Smart Contract
$1.50M34.79%
SmarDex
Smart Contract
$1.32M30.49%
0x74c3...6445
Smart Contract
$509.68K11.80%
0xd029...88a0
EOA
$120.91K2.80%
Curve LP
Smart Contract
$104.26K2.41%
Curve LP
Smart Contract
$98.17K2.27%
Others (14)
$349.61K8.10%

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