CryptoCurrencies
18480
Exchanges
500
Total Market Cap
4,032,598,395,002
Volume 24h
158,689,513,008
Dominance
BTC 53.60%   ETH 13.02%   USDT 4.16%   XRP 4.14%

USDH
USDH

0.9942
$
0.01 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 5902.3
USDH
$
# Exchange Pair Price Volume 24h

Description

Hubble Protocol's USDH is backed at least 150% by a basket of decentralized crypto assets including SOL, mSOL, BTC, ETH, RAY, SRM, and FTT. Additional tokens will be whitelisted for borrowing in the future after passing a rigorous vetting process. USDH is a Solana-native SPL token that can be used for anything stablecoins are used for in DeFi: pairing for liquidity on AMMs, bonding for tokens, or held as a store of value. Users can deposit USDH in Hubble's Stability Pool to earn a share of liquidations during market downturns. By helping cover bad debt and keeping the system healthy, Stability Pool providers gain access to bluechip tokens at a steep discount through liquidations