CryptoCurrencies
17596
Exchanges
500
Total Market Cap
3,892,246,496,760
Volume 24h
315,657,090,678
Dominance
BTC 60.26%   ETH 9.20%   XRP 4.24%   USDT 4.10%

HYDT
HYDT

0.9388
$
0.24 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 524.74
HYDT
$
# Exchange Pair Price Volume 24h

Description

HYDT Stablecoin is HYDT Protocol's BNB chain-based, USD-pegged stablecoin backed by BNB collateral, aiming at providing high return for HYDT holders and keeping 1:1 peg against United States dollars at the same time. These are the key unique features of HYDT protocol: 1. Fully decentralized and automated mint/redeem process in case of a depegging event 2. Fully transparent reserve held in BNB 3. Flexible and durable soft peg mechanism 4. Up to 30% APY fixed return on stablecoin deposit + additional governance token farming reward 5. Resistance to bank run events