ATH Market Cap
24h Trade Volume
Vol (24h) / MCap
All Time High
01 Feb 2022
19 Jan — 26 Jan 2022
Tokens For Sale
|24H||-$ 0.000251||-0.6%||$ 0.0434||$ 0.0415|
|7D||$ 0.000223||+0.54%||$ 0.0474||$ 0.0373|
|14D||$ 0.000667||+1.63%||$ 0.0474||$ 0.0373|
|30D||-$ 0.00121||-2.82%||$ 0.0481||$ 0.0373|
|3M||$ 0.00287||+7.43%||$ 0.0612||$ 0.0306|
|6M||-$ 0.0455||-52.3%||$ 0.177||$ 0.0306|
|YTD||-$ 0.0367||-46.9%||$ 0.177||$ 0.0306|
|1Y||-$ 0.174||-80.7%||$ 0.296||$ 0.0306|
Hubble is a fee-sharing decentralized finance (DeFi) protocol built on Solana. Hubble will offer multiple DeFi services as the protocol and DeFi continue to mature and expand.
Hubble begins its DeFi journey in Phase 1 with a focus on borrowing and minting USDH. Users can deposit multiple kinds of crypto assets like SOL, BTC, ETH, and others to borrow up to 90.9% LTV in USDH. While borrowing, users can earn yield on their deposits.
These borrows are guaranteed through a Stability Pool of USDH deposits made by Stability Pool providers who pay off bad loans and earn the ~10% difference in liquidated assets. In addition, users who deposit USDH in the Stability Pool earn HBB, Hubble's governance token.
HBB can be staked on Hubble to earn fees from the protocol. In the future, HBB will be used to vote on improvement proposals as Hubble DAO's governance token.
Staking HBB earns users 85% of the revenue Hubble Protocol generates from its services.
This revenue will originally come from the 0.5% fee for minting USDH and the 0.5% fee for redeeming USDH for collateral. As the protocol expands, HBB stakers will be exposed to additional streams of revenue.
Hubble Protocol's current price is $ 0.0415, it has dropped -0.6% over the past 24 hours.
Hubble Protocol's All Time High (ATH) of $ 2.40 was reached on 1 Feb 2022, and is currently -98.3% down.
The current circulating supply of Hubble Protocol is 48.91 Million tokens, and the maximum supply of Hubble Protocol is 100.00 Million.
Hubble Protocol’s 24 hour trading volume is $ 409.91 Thousands.
Hubble Protocol's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 2.03 Million.