RWA Market Cap$68.69B
Tokenized Treasuries$10.52B
Tokenized Gold$5.1B
24h On-Chain DEX Vol$3.46B
RWA Yield vs SOFR+1.85%
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USDN

USDN

Stablecoin 24/7/365

SMARDEX USDN

OnEthereum
$1.01
0.00% 24h

S. dollar token developed within the SmarDex ecosystem. Unlike traditional stablecoins that often depend on centralized reserves or collateral to maintain their value, USDN employs a fully decentralized approach. Its value stability is achieved through a mathematical financial process known as a Delta-Neutral strategy.

  • Macro context: USDN is part of the tokenized money market, which represents only ~0.282% of global M2 money supply today.

Data as of Sep 6, 2026

Price performance

7D

14D

30D

1Y

+0.86%

All-time

+0.77%

Market Cap

$670.41K

24h Volume

$12.65

On-Chain Holders

4.92K

Summed across all deployed chains (per-chain wallets not de-duplicated)

Top 10 Holder %

72.86%

Underlying

Fiat / RWA-backed stablecoin

Permissionless

Key facts

via /coins/{id}

Circulating Supply

665.26K

Total Supply

736.4K

All-Time High

$1.05 · 2025-10-10

Categories

StablecoinsEthereum EcosystemAlgorithmic StablecoinCrypto-backed StablecoinSynthetic Dollar

Alerts & digests

Coming soon

Real-time price, NAV, mint, redemption alerts

Get pinged the moment USDN crosses a price or spread threshold you set, or automated.

Breaking news alerts

Issuer, regulatory and depeg news for USDN — the second it drops.

Daily summary

A once-a-day digest of USDN's price, best yield and market moves in your inbox.

Analyze & download 24/7 history

Full round-the-clock historical data for USDN — including off-market-hours — exportable to CSV.

Analyse with insight & news

AI-assisted analysis of USDN paired with the latest issuer, regulatory and market news.

Side-by-side execution across centralized order books and on-chain pools. Slippage estimated for a $10,000 swap.

CEX Order Books

CoinGecko /coins/{id}/tickers

No centralized listings tracked for this asset.

DEX Pools

GeckoTerminal /onchain pools

MarketPrice24h VolLiquidity (TVL)Slippage $10k
EthereumCurveBest
fxUSD / USDN
$0.9878$8.56$280.6750.00%
EthereumCurve
USDN / USDT
$0.9958$0.11$272.4950.00%
EthereumUniswap V4 Ethereum
USDC / USDN 82%
$0.9993$0$61.2750.00%
EthereumUniswap V4 Ethereum
USDT / USDN 90%
$0.9986$0$21.150.00%
EthereumSmardex Ethereum
USDN / WETH
$2.18$0$9.4650.00%

Top 10 on-chain holders

72.86% of supply
#HolderNetworkShareValue
10x8295…269bEthereum Ethereum56.43%$378.3K
20x297b…dc7bEthereum Ethereum4.65%$31.19K
30x0c0f…5189Ethereum Ethereum2.67%$17.92K
40x9ca9…86e4Ethereum Ethereum2.62%$17.54K
50xcb50…3c8bEthereum Ethereum2.06%$13.83K
60xf1b0…7a8dEthereum Ethereum1.10%$7.38K
70x1a6b…1b44Ethereum Ethereum0.92%$6.16K
80x44f1…45e6Ethereum Ethereum0.83%$5.59K
90xbbce…0590Ethereum Ethereum0.80%$5.36K
100x1eed…60e5Ethereum Ethereum0.78%$5.21K

Top holders across Ethereum · share = USD value ÷ market cap · source: GeckoTerminal. Concentration is informational, not a risk rating.

Recent on-chain trades

latest 2 · Ethereum
TimeSidePriceValueNetworkMarketTx
7h agoSell$0.9958$0.11Ethereum Ethereumcurve0x2876…c8c6
9h agoBuy$0.9848$8.56Ethereum Ethereumcurve0xb11d…49cf