Hermetica USDh USDH
USDH
0.9994
$
0.07 %
Change 24h
Market Cap
$ 5,019,318
Volume 24h
$ 1442.5
Circulating Supply
5,022,283
Total Supply
4,815,778
USDH
$
| # | Exchange | Pair | Price | Volume 24h |
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Description
USDh is the first Bitcoin-backed, yield-bearing stablecoin on Bitcoin L1 and L2s.
USDh consists of BTC coupled with a short perpetual futures position to create a synthetic dollar that is completely outside the fiat banking system.
The short perpetual futures position generates up to 25% APY from funding rate payments which are passed on to users that stake USDh.
Hermetica’s mission is to enable global financial freedom.