Hermetica USDh USDH
USDH
0.9996
$
0.03 %
Change 24h
Market Cap
$ 6,207,240
Volume 24h
$ 32,680
Circulating Supply
6,209,580
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.