# High Yield Dollar Stable Token (HYDT)

> 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

## Price Data

- **Current Price**: $0.93
- **Market Cap**: $83.30K
- **Fully Diluted Valuation**: $83.30K
- **Circulating Supply**: 89,340.148 HYDT
- **Total Supply**: 89,340.148 HYDT

## Price Changes

- **24h**: +0.00%
- **30d**: +0.00%
- **90d**: +0.06%
- **365d**: -0.01%

## Chain Availability

Available on: binance-smart-chain

## Resources

- [Website](https://hydtprotocol.com)
- [Discord](https://discord.com/invite/tGPGBCYGyy)
- [Coingecko](https://www.coingecko.com/en/coins/hydt-protocol-hydt)

## Links

- [View on Zerion](https://app.zerion.io/tokens/HYDT-92cc3b6e-3f35-41dc-b546-31aa94532ea9)
- [Trade on Zerion](https://app.zerion.io/tokens/HYDT-92cc3b6e-3f35-41dc-b546-31aa94532ea9)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset