About OVN and LIT
Overnight is climbing, while Litentry is falling this week. The current OVN to LIT conversion rate is 12.17. Inversely, this means that if you convert 1 LIT you will get 0.08215 OVN. The conversion rate of OVN/LIT has decreased by 1.23% in the last hour (LIT/OVN increased by 1.25%). In the last 24 hours, OVN/LIT grew by 6.49%, while LIT/OVN shrunk by 6.09%.
The exchange rate of Overnight is increasing. The current value of 1 OVN is 12.17 LIT. In other words, to buy 5 Overnight, it would cost you 60.87 LIT. Inversely, 1 LIT would allow you to trade for 0.08215 OVN while 50 LIT would convert to 4.11 OVN, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 11.38%. Meanwhile, in the last 24 hours, the rate has changed by 4.6%, which means that the highest exchange rate of 1 OVN to LIT was 12.47 LIT and the lowest 24 hour value was 1 OVN for 10.97 LIT. Last month, 1 OVN was worth 7.93 LIT. Today, it's up 53.57%. Looking back a year, Overnight has changed by 2.69 LIT. That means that in a single year, the value of Overnight has grown by 352.96%.
Overnight Market Stats
At the core of Overnight is the concept of stablecoin-based DeFi. The platform introduces stablecoins like USD+, DAI+, and USDT+ that are designed to maintain a stable value relative to their underlying assets. These stablecoins serve as foundational building blocks for users to access various opportunities within the DeFi landscape. Overnight.fi is a protocol focusing on asset management, with a specialization in neutral-risk strategies. At the heart of its product line is USD+, which is a yield-driven stablecoin, fully backed by collateral. This collateral for USD+ is rooted in DeFi strategies that generate returns. These strategies encompass lending to platforms like Aave, and include both stablecoin-to-stablecoin and neutral-risk strategies. The goal of issuing OVN is twofold: Promote and popularize USD+, which is achieved with using OVN for bribes; Establish a robust & decentralized risk monitoring and management processes at the protocol level. OVN token will provide standard voting rights which will be key to realizing the vision of decentralized risk-management. OVN token should help align community incentives with this goal: to reward for supporting conservative risk decisions, and for vetoing aggressive ones.
Litentry Market Stats
LIT is the native token of the Litentry parachain network. Litentry is a Decentralized Identity Aggregator, supporting on-chain identity verification and management for decentralized applications and their users.
Conversion tables
OVN to LIT values from Today at 11:24 pm
0.5 OVN = 6.09 LIT |
1 OVN = 12.17 LIT |
5 OVN = 60.87 LIT |
10 OVN = 121.73 LIT |
50 OVN = 608.66 LIT |
100 OVN = 1,217.32 LIT |
500 OVN = 6,086.60 LIT |
1,000 OVN = 12,173.20 LIT |
LIT to OVN values from Today at 11:23 pm
0.5 LIT = 0.04107 OVN |
1 LIT = 0.08215 OVN |
5 LIT = 0.4107 OVN |
10 LIT = 0.8215 OVN |
50 LIT = 4.11 OVN |
100 LIT = 8.21 OVN |
500 LIT = 41.07 OVN |
1,000 LIT = 82.15 OVN |
OVN to LIT over time
OVN | Today | 24H 4.40% | 1M 34.88% | 1Y 77.92% |
|---|---|---|---|---|
0.5 OVN | 6.09 LIT | 5.82 LIT | 3.96 LIT | 1.34 LIT |
1 OVN | 12.17 LIT | 11.64 LIT | 7.93 LIT | 2.69 LIT |
5 OVN | 60.87 LIT | 58.19 LIT | 39.63 LIT | 13.44 LIT |
10 OVN | 121.73 LIT | 116.38 LIT | 79.27 LIT | 26.87 LIT |
50 OVN | 608.66 LIT | 581.91 LIT | 396.34 LIT | 134.37 LIT |
100 OVN | 1,217.32 LIT | 1,163.82 LIT | 792.69 LIT | 268.75 LIT |
500 OVN | 6,086.60 LIT | 5,819.09 LIT | 3,963.44 LIT | 1,343.74 LIT |
1,000 OVN | 12,173.20 LIT | 11,638.18 LIT | 7,926.88 LIT | 2,687.47 LIT |
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