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About SMARDEX 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. 

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6/14/2025, 1:25:00 AM

Market Stats

Market Cap

$3.75M

-0.36%

FDV

$3.75M

Circ. Supply

3.7M USDN

Max Supply

Not enough data

Total Supply

3.7M USDN

Diluted Valuation

$3.75M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

$10.13

0%

Volume (7D)

$15.41K

Volume (30D)

$65.94K

All time high

$1.04

Price Change (1Y)

0.1%

Additional info about SMARDEX USDN

Recent trends

The latest USDN price is $1.00. Compared to SMARDEX USDN's value of $1.01 from 24 hours ago, there's been a -0% decrease, while the current price is -0% down from $1.00 which was recorded one week ago. SMARDEX USDN's all time high is $1.04, which was reached on April 12, 2025. This is a -4% change from its price today.

The market cap is currently $3.75M, which is a result of multiplying the current price of SMARDEX USDN($1.00) by the total supply(3,742,947 USDN). The fully diluted valuation of SMARDEX USDN is $3.75M. The diluted valuation of SMARDEX USDN is $3.75M.

Market details

USDN vs markets

↘ 27.62%

USDN vs BTC

↘ 37.23%

USDN vs ETH

↗ 39.75%

Tags

stablecoin

Network & Addresses

Network
Address

Ethereum

0xde17a000BA631c5d7c2Bd9FB692EFeA52D90DEE2

Price history

Time
Price
Change
Today
$1.00
↘ 0.47%
1 Day
$1.01
↘ 0.47%
1 Week
$1.00
↘ 0.38%
1 Month
$1.01
↘ 0.46%
1 Year
$1.00
↗ 0.10%

FAQ

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