Hyperstable Project Introduction, Team, Financing and News

Performances

RD Popularity Index

4282.61% (24h)

0100200300400500

Project Rank: 501/15388

RD Growth Index

0100200300400500

Project Rank: --/15388

Comparison

Event Calendar

May 15, 2025

Ambit renamed Hyperdrive

Follow Updates

Follow Lists

People

Details

Hyperstable is a decentralized stablecoin protocol that issues USDH, pegged to the US dollar and backed by over-collateralized crypto assets. Users can deposit supported collateral (e.g., stHYPE) to mint USDH, with liquidation mechanisms maintaining collateral ratios. The protocol features a governance token, PEG, which can be locked into vePEG for governance rights, protocol revenue sharing, and incentives. Liquidity providers can earn PEG by supplying liquidity. The protocol employs dynamic interest rates and isolated markets.

Tags:

DeFi

Stablecoin Protocol

Ecosystem(1):

Hyperliquid

Founded:

2024

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