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Portfolio
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HYDT icon
HYDT icon

High Yield Dollar Stable Token Price (HYDT)

HYDT
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High Yield Dollar Stable Token (HYDT) is currently priced at $0.93 USD. The price has increased 0.00% in the last 24 hours. It has a market capitalization of $83,275.622. Fully diluted valuation: $83,275.622. Circulating supply is 89,340.148 HYDT. Total supply is 89,340.148 HYDT.

$0.93
1D
+0%
1M
+0%
3M
+0.05%
1Y
−0.01%
Market Cap$83.3K
Fully Diluted$83.3K

About High Yield Dollar Stable Token

HYDT Stablecoin is HYDT Protocol's BNB chain-based, USD-pegged stablecoin backed by BNB collateral, aiming at providing high return for HYDT holders and keeping 1:1 peg against United States dollars at the same time.

These are the key unique features of HYDT protocol:

1. Fully decentralized and automated mint/redeem process in case of a depegging event

2. Fully transparent reserve held in BNB

3. Flexible and durable soft peg mechanism

4. Up to 30% APY fixed return on stablecoin deposit + additional governance token farming reward

5. Resistance to bank run events

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