Hermetica USDh
USDH

0.9994
$
0.05 %
Change 24h
Market Cap
$ 9,270,751
Volume 24h
$ 13,302
Circulating Supply
9,276,420
Total Supply
5,032,262
USDH
$
# Exchange Pair Price Volume 24h

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.