
Overnight Finance
A multi-chain protocol that issues USD+ and other rebasing stablecoins fully backed by delta-neutral DeFi strategies.

What is Overnight Finance?
Overnight Finance is a multi-chain yield protocol that issues USD+, USDT+, and other rebasing stablecoins fully collateralized by delta-neutral and low-risk DeFi strategies. Users mint Token+ 1:1 against USDC or USDT, then earn daily passive yield through a rebasing balance that targets 5–12% APY. The protocol runs across Base, Arbitrum, Optimism, Linea, BNB Chain, Polygon, zkSync, and Avalanche, and operates an insurance layer backed by the OVN token.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

