SMARDEX USDN(USDN)
Market Cap$944,167
Price$0.99
Total Circulating952,141
Stablecoin Information
The USDN token is the first synthetic U.S. dollar backed by a structured product utilizing a delta-Neutral strategy. Unlike traditional stablecoins, whose value is guaranteed by centralized entities, the value of a synthetic dollar is determined by a purely mathematical financial process.
Category:crypto-backed
Minting and RedemptionDeposit Lido token (WSTETH) in USDN Vault allows to Mint USDN tokens and profit from its yield. Redeem Lido burns USDN
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | -3.56% | -6.92% | -28.29% | 952,141 |