SMARDEX USDN (USDN)

Trade USDN on Ethereum • Contract: 0xde17a000ba631c5d7c2bd9fb692efea52d90dee2

Price

$1.01

Market Cap

$670.4K

24h Volume

$12.65

FDV

$670.4K

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 unde...

StablecoinsEthereum EcosystemAlgorithmic StablecoinCrypto-backed StablecoinSynthetic Dollar

How to buy USDN

Connect your wallet to Rubicon and swap ETH for USDN on Ethereum. Rubicon aggregates liquidity from on-chain order books and automated market makers to find the best price for your USDN trade.

Token Details

Name: SMARDEX USDN
Symbol: USDN
Network: Ethereum
Decimals: 18
Contract: 0xde17a000ba631c5d7c2bd9fb692efea52d90dee2