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Hubble Protocol

Hubble Protocol HBBPrice N/A

HBB Price

N/A

General Info

Contracts/Explorers:

Tags (Sub-Categories):

# Inactive

Funds and Backers

Description

Hubble is the one-stop shop for interest rate products on Solana blockchain.

Hubble Protocol (HBB) Chart

Hubble Protocol price Index provides the latest HBB price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

IDO

19 Jan 2022 — 26 Jan 2022

Raised

$ 1.50M

Price:

$ 1.00

Tokens For Sale:

1,500,000

Platform:

N/A

ATH ROI:

2.4x  +140.4%

Additional Data

ATH Market Cap

$ 40.70M

Max Supply

HBB 100,000,000

Total Supply

HBB 100,000,000

IDO ROI

100%

0.00x

IDO Price

$ 1.00

26 Jan 2022

All Time High

$ 2.40

1 Feb 2022


All Time Low

$ 0.000705

27 Feb 2025

Trending Hubble Protocol Fiat Pairs

What is Hubble Protocol (HBB)?

Hubble is a fee-sharing decentralized finance (DeFi) protocol built on Solana. Hubble will offer multiple DeFi services as the protocol and DeFi continue to mature and expand.

Hubble begins its DeFi journey in Phase 1 with a focus on borrowing and minting USDH. Users can deposit multiple kinds of crypto assets like SOL, BTC, ETH, and others to borrow up to 90.9% LTV in USDH. While borrowing, users can earn yield on their deposits.

These borrows are guaranteed through a Stability Pool of USDH deposits made by Stability Pool providers who pay off bad loans and earn the ~10% difference in liquidated assets. In addition, users who deposit USDH in the Stability Pool earn HBB, Hubble's governance token.

HBB can be staked on Hubble to earn fees from the protocol. In the future, HBB will be used to vote on improvement proposals as Hubble DAO's governance token.

Staking HBB earns users 85% of the revenue Hubble Protocol generates from its services.

This revenue will originally come from the 0.5% fee for minting USDH and the 0.5% fee for redeeming USDH for collateral. As the protocol expands, HBB stakers will be exposed to additional streams of revenue. 

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