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All prices / Hydrated Dollar
Hydrated DollarHOLLAR
Rank #1044$0.9953▲0.23% in 24 hours
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About Hydrated Dollar
HOLLAR is Hydration's decentralized, over-collateralized stablecoin designed to target the value of approximately $1. Unlike algorithmic stablecoins that rely on market mechanisms alone, HOLLAR is minted against crypto collateral that users deposit into the protocol. This creates a direct backing relationship where each HOLLAR token represents a claim against real crypto assets held in the system.
Categories: Stablecoins, USD Stablecoin, Hydration Ecosystem.
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