OVN

About OVN token

Overnight.fi is a cryptocurrency platform with collateralized rebase tokens, that are meant to generate passive yields while keeping the price as stable as possible. The main goal of these rebase tokens is to provide an investment that is both stable and possibly profitable. The daily rebases cause changes in token balances based on the performance of underlying collaterals used. When there are positive rebases, this means profits have been made while negative rebases indicate losses; hence profit or loss information becomes clear. To avoid putting all eggs in one basket, Overnight.fi uses low-risk strategies and diversified yield options which range from 5-12% APY for standard products up to around 25% if insured ones are included. Swap is a feature that helps you convert tokens easily while Zap In enables you invest across several DeFi pools concurrently thus enhancing usability further. This also allows insurance against rebasing losses enabling the protocol to pursue more lucrative strategies in confidence. Therefore, Overnight.fi offers versatility in generating passive income through DeFi use cases.

Key metrics & performance data

($OVN) is a Base-based cryptocurrency token with this contract address 0xA3d1a8DEB97B111454B294E2324EfAD13a9d8396. The official launch date of the token was September 19, 2023.

Currently, the OVN price is $0.7244113604592415 with a 0.24% increase in the last 24 hours. The token has a 24-hour trading volume of $680.42 and a total market capitalization of $598 764. ($OVN) is held in 20,676 wallet addresses with the top 10 addresses holding 0.77% of the entire supply.

Current site metrics show that $OVN is ranked 337th in popularity, and 3222th in GuGu Rank.