USD+ (zkSync)

USD+

USD+ is a yield-bearing and rebasing token collateralized by a basket of stablecoins deployed on multiple DeFi protocols

Risk Rating
Average
$1.00
1.07%
What is USD+ (zkSync)?

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Information
Blockchain
  • zkSync Era
Key Metrics
  • Market Cap: $48.2M
  • Fully Diluted Valluation: $48.2M
  • FDV / MC: 1
  • Ranking inside Exponential (among stables): #23
  • Circulating Supply: 48,085,096
  • Total Supply: 48,085,096
  • Volume (24H): $908.6K
  • ATH: $1.25 (01/10/2024)
  • ATL: $0.74 (07/26/2023)
Risk Assessment
Average
Asset Strength

USD+ is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of Overnight and zkSync Bridge, which are protocols rated as Good and Average, respectively.

USD+ is a stablecoin that trades within 100bps of its peg to USD, making it a somewhat volatile store of value.

Dependencies

Overnight


zkSync Bridge

Asset Tokenomics

USD+ has an uncapped supply but has inflation control or burn mechanisms in place.

Things to know about USD+

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