SMARDEX USDN

SMARDEX USDN

USDN
Stablecoin Watch

Project Safety Score: 46%

Updated 4 days, 23 hours ago
SMARDEX USDNUSDN
Market Cap$1268610
24hr Volume$114
24hr Change0.9%
Price$1.008
Coverage: 1 bucket · 100% resolved
Scoring rubric: Stablecoin - scored on peg stability (placeholder)
Peg Stability
46 CC
100% · medium

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USDN SMARDEX USDN Details
StablecoinsEthereum EcosystemAlgorithmic StablecoinCrypto-backed StablecoinSynthetic Dollar

USDN is a synthetic token pegged to the U.S. dollar, created within the SmarDex ecosystem. It differentiates itself from traditional stablecoins by not relying on centralized reserves or collateral for value maintenance. Instead, USDN utilizes a Delta-Neutral strategy to achieve value stability through interactions between two participant groups: Vault Participants, who deposit assets to mint USDN, and Long Position Traders, who take leveraged positions on the underlying asset.

This framework aims to keep USDN’s value aligned with the U.S. dollar while also enabling yield generation for its holders. The design presents a decentralized alternative to conventional stablecoins, focusing on both stability and potential profitability in the decentralized finance sector.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Price Chart

Contract Security

ethereum · 0xde17a000ba631c5d7c2bd9fb692efea52d90dee2
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Total Holders
4990
Top 10 Hold
80.6%
Top 50: 97.9%
Top Holders
  • 0x82957d600963ae0c5… 37.65%
  • 0x99999999999999cc8… 20.95%
  • 0x8a42c6a78718f12e9… 5.24%
  • 0x297b939e9f88232be… 3.73%
  • 0xebae9679aa8c396d2… 2.93%
  • 0x6341e1a34be32cd8c… 2.50%
  • 0x0c0f442cdf6f9785d… 2.10%
  • 0xe469d2c8fc404e9b4… 1.96%
  • 0x9ca944e59b558c3c4… 1.90%
  • 0xcbf64545ed8c2751a… 1.67%
Source: ethplorer

SMARDEX USDN Exchanges

Top 1 by trust score
Green trust Yellow Red Unknown

View on Chain

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85%
Profile Status
Data completeness
Some data missing
Medium confidence

Market Stats

All-Time High$1.05
All-Time Low$0.9538
Circulating1258639
Total Supply1258639

Community Sentiment

👍 100% 0% 👎

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SMARDEX USDN GitHub