Hydrated Dollar HOLLAR
HOLLAR
0.9959
$
0.16 %
Change 24h
Market Cap
$ 11,845,900
Volume 24h
$ 2,598,770
Circulating Supply
11894631
Total Supply
11,911,883
HOLLAR
$
Description
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.