CryptoCurrencies
14787
Exchanges
500
Total Market Cap
2,248,962,634,397
Volume 24h
139,036,577,552
Dominance
BTC 53.52%   ETH 12.72%   USDT 5.33%   BNB 3.70%

Hedge USD
USH

0.9644
$
0.14 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 2.590
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.