Users mint USD+, USDT+ & DAI+ by depositing USDC, USDT or DAI. Deposited stablecoins get deployed into different yield money market strategies generating yield (supply-side fees). Overnight also offers more actively managed ETS’s that deploy funds into different delta neutral yield farming strategies.

Overnight finance offers yield bearing stablecoin products on several EVM blockchains. Overnight was founded by Maxim Ermilov and launched in 2021.

Overnight Governance owns and governs the protocol. They currently take a 20% performance fee from profits generated by ETS’s (revenue). Overnight Governance also has a right to collect token rebases for USD+, USDT+ & DAI+ that are held in liquidity pools.

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Overnight

1inch

Aave

Abracadabra.money

Across

AirSwap

Alchemix Finance

Algorand

Allbridge Core

Alongside

Homora

Angle

Ankr

ApeSwap

Aptos

Aragon

Arbitrum

Art Gobblers

Arweave

Aura Finance

Avalanche

Axie Infinity

Azuro

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Barnbridge

BendDAO

BENQI

BetSwirl

BNB Chain

Bitcoin

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Blur

Botto

Buffer Finance

Cardano

Catalog

Coinbase Wrapped Staked Ether

Centrifuge

Chainlink

Circle

Clipper

Compound

Conflux Core Space

Connext

Convex Finance

Cosmos Hub

CoW Protocol

Cryptex

Curve

Decentral Games

DeFi Saver

Deri Protocol

DeSo

dForce

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dHedge

DODO

Dogecoin

dYdX

Ellipsis Finance

MultiversX

Enzyme Finance

Equalizer Exchange

Ethereum

Ethereum Name Service

Ether.fi

Euler

Fantom

Filecoin

Flashbots

Flow

Foundation

Frax Ether

Futureswap

Gains Network

Gamma Strategies

Gearbox

Gitcoin

Gnosis Chain

Goldfinch

Hashflow

Hegic

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Hop Protocol

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Idle Finance

Illuvium

Impossible Finance

Index Cooperative

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Integral

Internet Computer

IPOR Protocol

Kapital DAO

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Overnight - Financial statement