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
TVL
$1.41M
-0.72%
Price
$1.00
+0.49%
APY (30d)
7.59%
+7.59%
+3.86%
YPO (30d)
$8.52K
Performance History
TVL/YPO History
USDN-SmarDex
Historical Data
APY/Benchmarks History
Holder Distribution
Total holdings on Ethereum: $1.42M