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Hedge USD

Hedge USD USH Price $ 0.976

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Stablecoin

USH Price

0.976
1.07%
(-$ 0.0106)
Price Range
LowHigh
$ 0.898$ 1.02

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

Wallets

No wallets found yet

Description

Hedge USD is a stablecoin soft-pegged to the US dollar

Hedge USD (USH) Chart

The Hedge USD to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

USH to USD Converter

Hedge USD (USH)USH

USH Price Statistics

leaderboard

Market Cap

N/A

FDV

$ 8.74M

24 Trade Vol.

$ 1.16

Total Supply

USH 8,951,620

Listing Date

5 Sep 2022

All Time High

$ 1.31

25 Jan 2024


All Time Low

$ 0.661

25 Jan 2024


From ATH

25.4%

From ATL

47.6%

What is Hedge USD (USH)?

Hedge USD is a stablecoin soft-pegged to the US dollar. USH is minted on flexible terms and gives users instant access to the USH ecosystem. Hedge allows users to take out 0% interest loans for a one-time fee by depositing collateral for USH. Users are incentivized to keep their collateral-to-debt ratio above 110% to avoid liquidation. When an undercollateralized vault is liquidated, users who have deposited USH in a stability pool are returned discounted collateral as a reward. USH is always redeemable for its underlying value, but a fee ensures the protocol is impacted infrequently.

The key parts of the protocol are: 

  • A 0% interest loan offering 
  • A stability pool, where users can deposit USH and be rewarded in SOL and HDG tokens 
  • A staking pool, where users can stake HDG and earn a proportional share of the protocol's revenue 
  • Incentives to participate in token liquidity pools (such as USH/SOL & HDG/SOL).

Hedge USD Price Today

Hedge USD's current price is $ 0.976, it has dropped -1.07% over the past 24 hours.

Hedge USD's All Time High (ATH) of $ 1.31 was reached on 25 Jan 2024, and is currently -25.4% down.

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