About OVN and MKR
Overnight is climbing, while Maker is falling this week. The current OVN to MKR conversion rate is 0.001303. Inversely, this means that if you convert 1 MKR you will get 767.58 OVN. The conversion rate of OVN/MKR has decreased by 0.08% in the last hour (MKR/OVN increased by 0.08%). In the last 24 hours, OVN/MKR grew by 12.62%, while MKR/OVN shrunk by the same amount.
The exchange rate of Overnight is increasing. The current value of 1 OVN is 0.001303 MKR. In other words, to buy 5 Overnight, it would cost you 0.006514 MKR. Inversely, 1 MKR would allow you to trade for 767.58 OVN while 50 MKR would convert to 38,378.98 OVN, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 19.48%. Meanwhile, in the last 24 hours, the rate has changed by 11.2%, which means that the highest exchange rate of 1 OVN to MKR was 0.00134 MKR and the lowest 24 hour value was 1 OVN for 0.001157 MKR. Last month, 1 OVN was worth 0.0009245 MKR. Today, it's up 29.04%. Looking back a year, Overnight has changed by 0.0004298 MKR. That means that in a single year, the value of Overnight has grown by 67.01%.
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.
Maker Market Stats
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
Conversion tables
OVN to MKR values from Today at 12:27 am
0.5 OVN = 0.0006514 MKR |
1 OVN = 0.001303 MKR |
5 OVN = 0.006514 MKR |
10 OVN = 0.01303 MKR |
50 OVN = 0.06514 MKR |
100 OVN = 0.1303 MKR |
500 OVN = 0.6514 MKR |
1,000 OVN = 1.30 MKR |
MKR to OVN values from Today at 12:28 am
0.5 MKR = 383.79 OVN |
1 MKR = 767.58 OVN |
5 MKR = 3,837.90 OVN |
10 MKR = 7,675.80 OVN |
50 MKR = 38,378.98 OVN |
100 MKR = 76,757.95 OVN |
500 MKR = 383,789.77 OVN |
1,000 MKR = 767,579.55 OVN |
OVN to MKR over time
OVN | Today | 24H 11.20% | 1M 29.04% | 1Y 67.01% |
|---|---|---|---|---|
0.5 OVN | 0.0006514 MKR | 0.0005784 MKR | 0.0004623 MKR | 0.0002149 MKR |
1 OVN | 0.001303 MKR | 0.001157 MKR | 0.0009245 MKR | 0.0004298 MKR |
5 OVN | 0.006514 MKR | 0.005784 MKR | 0.004623 MKR | 0.002149 MKR |
10 OVN | 0.01303 MKR | 0.01157 MKR | 0.009245 MKR | 0.004298 MKR |
50 OVN | 0.06514 MKR | 0.05784 MKR | 0.04623 MKR | 0.02149 MKR |
100 OVN | 0.1303 MKR | 0.1157 MKR | 0.09245 MKR | 0.04298 MKR |
500 OVN | 0.6514 MKR | 0.5784 MKR | 0.4623 MKR | 0.2149 MKR |
1,000 OVN | 1.30 MKR | 1.16 MKR | 0.9245 MKR | 0.4298 MKR |
Frequently asked questions
Right now, 1 Overnight is worth about $1.63.
Based on the current rate, you could get 0.6137 OVN for 1 USD.
Overnight price has been declining. Since yesterday, the exchange rate of Overnight has decreased. Since last month, the exchange rate of Overnight has increased. Since this time last year, the price of Overnight has increased.
You can use our OVN to USD calculator at the top of this page to convert any amount of OVN to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 3.07 OVN. Inversely, 5 OVN will cost about $8.15
Overnight can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Overnight.
There are a number of crypto assets that have the a similar or comparable market cap to Overnight, including Proteo DeFi, ZND Token, and LOULOU. For a more robust list of assets to explore, jump to the asset page dedicated to Overnight.
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