CryptoCurrencies
14886
Exchanges
500
Total Market Cap
2,538,961,846,886
Volume 24h
133,563,350,752
Dominance
BTC 52.74%   ETH 15.54%   USDT 4.50%   BNB 3.52%

Hedge USD
USH

0.9084
$
1.34 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 0.9974
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.