SMARDEX USDN
USDNCrypto-backed USD-pegged Rank #224
Price
—
Market Cap
$866.6K
Market Cap
$866.6K
Dominance
0.00%
of market
Price
—
% Off Peg
—
24h Supply
-2.31%
7d Supply
+30.25%
30d Supply
+38.82%
Networks
1
chains
Circulating Supply
Total USDN across all chains
$4.97M
$623.5K
Sep 3, 2025
Sep 3, 2026
Chain Distribution
Current supply by network
Ethereum
$866.6K 100.0%
About SMARDEX USDN
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.
Mint & redeem
Deposit Lido token (WSTETH) in USDN Vault allows to Mint USDN tokens and profit from its yield. Redeem Lido burns USDN
Links & references
Official website View on DefiLlama View on CoinGecko Twitter / X Audit / transparency
Contract 0xde17…dee2
