CryptoCurrencies
9030
Exchanges
500
Total Market Cap
2,424,889,801,369
Volume 24h
204,571,366,687
Dominance
BTC 52.16%   ETH 15.50%   USDT 4.43%   BNB 3.55%

Hedge USD
USH

0.9676
$
0.05 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 47.59
USH
$
# Exchange Pair Price Volume 24h

Description

HDG is one of the tokens issued by the Hedge Protocol which enables interest-free lending on the Solana Blockchain. Users are able to deposit collateral and take out USH stablecoin loans. The Hedge Protocol offers vaults with a minimum collateral ratio as low as 110% (90.0% LTV). USH is a stablecoin pegged to the US dollar that is always redeemable for its underlying value - i.e. users are able to use it to purchase collateral back at any time. However a fee is added on top to ensure redemptions don't happen too often.