Hedge USD USH
USH
0.9689
$
1.21 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 6.290
USH
$
| # | Exchange | Pair | Price | Volume 24h |
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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.