Hermetica USDh

usdh

$1.00+ 0.04%24h

Market Cap (USD)

$9,479,184.00

Circulating Supply

9,477,610.423

Homepage

https://hermetica.fi/

About Hermetica USDh

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.