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
$1.55M
-12.06%
Price
$1.00
+0.42%
APY (30d)
10.15%
-7.46%
+6.43%
YPO (30d)
$13.21K
Performance History
TVL/YPO History
USDN-SmarDex
Historical Data
APY/Benchmarks History
USDNHolder Distribution
Total holdings on Ethereum: $1.56M