SMARDEX WRAPPED USDNPrice(WUSDN)
Details SMARDEX WRAPPED USDN (WUSDN) Price information (USD)
The current real-time price of WUSDN is $1.17. In the past 24 hours, WUSDN has traded between $1.16 and $1.19, showing strong market activity. The all-time high of WUSDN is $1.25, and the all-time low is $0.9219.
From a short-term perspective, the price change of WUSDN over the past 1 hour is
SMARDEX WRAPPED USDN (WUSDN) Market Information
SMARDEX WRAPPED USDN (WUSDN) Today's Price
The live price of WUSDN today is $1.17, with a current market cap of $434.546K. The 24-hour trading volume is 2K. The price of WUSDN to USD is updated in real time.
SMARDEX WRAPPED USDN (WUSDN) Price History (USD)
What is SMARDEX WRAPPED USDN (WUSDN)?
When is the right time to buy WUSDN? Should I buy or sell WUSDN now?
Before deciding whether to buy or sell WUSDN, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s WUSDN technical analysis can provide you with trading references.
Future price trend of WUSDN
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for WUSDN.
How much will WUSDN be worth tomorrow, next week, or next month in ? What about your WUSDN assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! WUSDN Price Prediction
How to buy SMARDEX WRAPPED USDN (WUSDN)
Convert WUSDN to local currency
WUSDN Resources
To learn more about WUSDN, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x06a4...09f9d3  | 297.300K | 79.88% |
ethereum | 0x1144...5a3725 | 30,234 | 8.12% |
ethereum | 0xb70d...cad3e6 | 26,321.00 | 7.07% |
ethereum | 0x7ed8...b1d273 | 18,262 | 4.91% |
ethereum | 0xa430...b7d24b | 8,443 | 2.27% |
Other | -8,356.22 | -2.25% |
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SMARDEX WRAPPED USDN (WUSDN) FAQ
What exactly is SmarDex Wrapped USDN (wUSDN)?
wUSDN is an ERC-20 token serving as a value-accruing wrapper for the protocol's synthetic dollar, USDN. While standard USDN utilizes a rebase mechanism that automatically increases token balances in a wallet, wUSDN maintains a static balance. Instead of more tokens, the yield is reflected through the token’s appreciation in value relative to USDN over time. This makes it highly compatible with various DeFi ecosystems and platforms that do not typically support rebasing tokens.
Is wUSDN associated with the Waves Neutrino (USDN) token?
No. It is vital to distinguish between the two. SmarDex wUSDN is a completely independent protocol and is not related to the Waves Neutrino project. While the Waves version relied on a different underlying asset, this version of USDN is a decentralized synthetic dollar backed by wrapped staked ETH (wstETH). It employs a delta-neutral strategy to ensure stability, operating under an entirely different architecture and security model.
What are the primary differences between USDN and wUSDN?
The fundamental difference lies in how holders receive yield. USDN holders see their yield via a rebase mechanism, meaning the number of tokens in their wallet increases automatically. Conversely, wUSDN is a non-rebasing token where yield is captured through price appreciation; the token becomes worth more USDN over time. This design allows wUSDN to be easily integrated into broader DeFi protocols and trading platforms that require fixed-balance tokens for collateral or liquidity purposes.
How does the Delta-Neutral strategy maintain the stability of wUSDN?
The protocol maintains its peg by balancing two primary groups: participants who mint USDN and traders who open leveraged long positions. This creates a delta-neutral environment where the protocol aims to remain stable regardless of the price fluctuations of the underlying collateral, such as ETH. By hedging market movements, the system is designed to preserve value and provide a reliable synthetic dollar experience within the ecosystem.
How can users earn rewards by staking wUSDN?
Users typically earn rewards by depositing wUSDN into the protocol's Stability Pool. This pool functions as a backstop to maintain protocol solvency. In return for providing this liquidity, participants receive a share of liquidation gains and protocol-specific token emissions. It is important to note that rewards usually do not compound automatically; users must manually claim them and can choose to re-stake them to increase their position.
Where can I trade and manage wUSDN tokens?
wUSDN can be traded on major exchanges such as LBank. By using LBank, users can access liquid markets to swap for wUSDN or manage their holdings within a secure environment. For those preferring on-chain options, the token is also available through decentralized liquidity pools on the Ethereum network. Always ensure you are using the correct contract address to verify the authenticity of the token.
