SMARDEX USDN
USDNCrypto-backed USD-pegged Rank #197
Price
$0.998141
-0.19% off peg
Market Cap
$983.6K
Market Cap
$983.6K
Dominance
0.00%
of market
Price
$0.998141
% Off Peg
-0.19%
24h Supply
0.00%
7d Supply
-3.48%
30d Supply
-25.64%
Networks
1
chains
Circulating Supply
Total USDN across all chains
$4.97M
$985.7K
Jun 25, 2025
Jun 2, 2026
Chain Distribution
Current supply by network
Ethereum
$987.3K 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