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SMARDEX USDN (USDN)

Trade USDN on Ethereum • Contract: 0xde17a000ba631c5d7c2bd9fb692efea52d90dee2

Price
$0.9939
▼ 1.07% 24h
Market Cap
$1.32M
24h Volume
$2.5K
FDV
$1.32M

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

SMARDEX USDN (USDN)

Trade USDN on Ethereum • Contract: 0xde17a000ba631c5d7c2bd9fb692efea52d90dee2

Price
$0.9939
▼ 1.07% 24h
Market Cap
$1.32M
24h Volume
$2.5K
FDV
$1.32M

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