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Neutrino USD (USDN) price, chart, coin profile and news

Find the latest Neutrino USD (USDN) price, coin profile, news and history to get you started with Neutrino USD trading and investing.

Neutrino USD (USDN) is the 585th largest cryptocurrency in the world by market cap, valued at $20,302,772. The current price of Neutrino USD is $0.3139, which is 7.280% higher than yesterday. Prices have ranged between $0.303209 and $0.26971 over the past 24 hours. All prices are listed in US dollars and accurate as of February 09, 2023 12:02 UTC.

Neutrino Usd price chart

Price over the past month

What is Neutrino Usd?

Neutrino is an algorithmic price-stabilisation protocol that enables the creation of stable coins tied to real-world assets or cryptocurrency. The Neutrino protocol is deployed on the WAVES blockchain, and aims to create a cross chain ecosystem involving DeFi, stablecoins, overcollateralized pegs, and a governance model.

USDN is a stablecoin pegged 1:1 with the US dollar, and is collateralized by the WAVES token. Originally, 1 trillion USDN assets were issued and locked in the contract with no ability to issue additional amounts. However, nobody, including the development team, has access to these locked tokens. The only way to unlock USDN is by swapping WAVES tokens. The Neutrino protocol has built an interesting extension, with its DeFi platform, on which users can instantly swap stablecoins of the most popular national currencies, with USDN at its centre.

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Neutrino Usd at a glance

Basic stats for Neutrino Usd

#585
$20 M
65 M
65 M

Neutrino Usd performance over time

Neutrino Usd fundamental and technical analysis

Time frame
Movement
1 day
7.28%
1 week
9.07%
1 month
33.14%
2 months
67.39%
200 days
71.79%
1 year
71.80%
Show all

Social activity for Neutrino Usd

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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