Overnight.fi
Issuer of USD+, a fully collateralized yield-bearing stablecoin
About
Overnight.fi issues USD+, a yield-bearing dollar token pegged 1:1 to USDC and fully collateralized by a diversified portfolio of conservative, largely delta-neutral DeFi positions. Yield is distributed to holders through daily rebasing, with reserves backed by USDC/DAI/USDT and verified via daily third-party attestations. USD+ is live across Base, Arbitrum, Optimism and other chains; the protocol's governance token is OVN.
Stablecoins
Key products
Chains
- Founded
- 2021
- HQ
- Remote
- Stage
- Token / DAO
- Funding
- Private
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