CryptoCurrencies
0
 Total Market Cap
0
 Volume 24h
0
 Dominance

Hermetica USDh
USDH

0.9996
$
0.01 %
Change 24h
Market Cap
$ 6,162,940
Volume 24h
$ 1,208,810
Circulating Supply
6,165,410
Total Supply
4,815,780
USDH
$
Description
USDh is the first Bitcoin-backed, yield-bearing stablecoin on Bitcoin L1 and L2s. USDh consists of BTC coupled with a short perpetual futures position to create a synthetic dollar that is completely outside the fiat banking system. The short perpetual futures position generates up to 25% APY from funding rate payments which are passed on to users that stake USDh. Hermetica’s mission is to enable global financial freedom.