CryptoCurrencies
900
 Total Market Cap
269,800,303,400
 Volume 24h
31,958,223,828
 Dominance
USDT 41.07%   SOL 24.00%   XRP 10.31%   SHIB 4.93%

Hedge USD
USH

0.9637
$
0.28 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 4.690
USH
$
Description
HDG is one of the tokens issued by the Hedge Protocol which enables interest-free lending on the Solana Blockchain. Users are able to deposit collateral and take out USH stablecoin loans. The Hedge Protocol offers vaults with a minimum collateral ratio as low as 110% (90.0% LTV). USH is a stablecoin pegged to the US dollar that is always redeemable for its underlying value - i.e. users are able to use it to purchase collateral back at any time. However a fee is added on top to ensure redemptions don't happen too often.