Markets
HYDT

HYDT hydt

Rank #6179

$0.8614

-0.04% (24h)

-0.04%

24h

+2.07%

7d

-8.02%

30d

Price Chart

Market Stats

Market Cap

$76,955

24h Volume

$80.94

Circulating Supply

89,340.148

Total Supply

89,340.148

All-Time High

$1.11

All-Time Low

$0.1161

About HYDT

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

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Categories

StablecoinsBNB Chain EcosystemAlgorithmic Stablecoin