PostgreSQL INSERT ON CONFLICT UPDATE (upsert) use all excluded values

Postgres hasn’t implemented an equivalent to INSERT OR REPLACE. From the ON CONFLICT docs (emphasis mine):

It can be either DO NOTHING, or a DO UPDATE clause specifying the exact details of the UPDATE action to be performed in case of a conflict.

Though it doesn’t give you shorthand for replacement, ON CONFLICT DO UPDATE applies more generally, since it lets you set new values based on preexisting data. For example:

INSERT INTO users (id, level)
VALUES (1, 0)
ON CONFLICT (id) DO UPDATE
SET level = users.level + 1;