CryptoCurrencies
16986
Exchanges
500
Total Market Cap
3,083,800,994,489
Volume 24h
136,329,614,809
Dominance
BTC 60.18%   ETH 6.91%   USDT 4.72%   XRP 4.18%

USDH
USDH

0.9995
$
0.01 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 16,903
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