HYDTHYDT
Convert HYDT to your currency
Last Updated on Oct 02, 2025 11:26 AM
What is HYDT?
About the coin
HYDT Stablecoin is part of the HYDT Protocol, operating on the Binance Smart Chain. It is a USD-pegged stablecoin, meaning its value is intended to remain stable relative to the US dollar. The coin is backed by BNB collateral, ensuring its stability and reliability.
Main features
The HYDT Protocol offers several unique features. It provides a fully decentralized and automated mint/redeem process, especially useful in case of a depegging event. The protocol maintains a fully transparent reserve held in BNB, ensuring trust and security. Additionally, it offers a flexible and durable soft peg mechanism, which helps maintain the coin's value. Users can earn up to 30% APY fixed return on stablecoin deposits, along with additional governance token farming rewards. The protocol is also designed to resist bank run events, adding an extra layer of security.
How it works
The HYDT Protocol operates by maintaining a reserve of BNB to back its stablecoin, ensuring that each coin is pegged 1:1 with the US dollar. The decentralized nature of the protocol allows for automated processes in minting and redeeming the stablecoin, which helps maintain its peg. The protocol's design includes mechanisms to provide high returns to holders while ensuring the stability and security of the coin.
Wallet for HYDT
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for HYDT
- Bnb Smart Chain
Metrics
Price performance
Links
Official links
Social
Blockchain site
HYDT FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
How to secure HYDT with Tangem Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get Tangem
Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why choose HYDT wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Online Support. Fast support for your needs. Live chat and email support for customers from all over the globe.
Other crypto assets supported in Tangem Wallet.
Stay connected.
Don’t miss out on our progress and latest updates. Have an impact — join our community today!
