CryptoCurrencies
18267
Exchanges
500
Total Market Cap
4,271,924,267,049
Volume 24h
182,789,896,596
Dominance
BTC 53.57%   ETH 13.50%   XRP 4.25%   USDT 3.91%

HYDT
HYDT

0.9403
$
0.22 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 433.94
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