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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