CryptoCurrencies
17040
Exchanges
500
Total Market Cap
3,424,037,483,042
Volume 24h
225,897,018,362
Dominance
BTC 60.20%   ETH 8.86%   USDT 4.47%   XRP 3.62%

Hedge USD
USH

0.9907
$
0.00 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 532.19
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.