CryptoCurrencies
19264
Exchanges
500
Total Market Cap
3,907,330,079,169
Volume 24h
414,785,531,855
Dominance
BTC 54.50%   ETH 11.95%   USDT 4.65%   BNB 3.88%

Hedge USD
USH

0.9772
$
0.10 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 17.65
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.