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After depositing their SOL, users can borrow USH with a one-time fee of 0.5%, with no interest, as long as they keep a minimum collateral ratio of 110%.
USH can always be redeemed for its underlying SOL, but a variable fee adjusts to make sure redemptions occur only as needed to preserve the peg.
Hedge’s liquidation approach uses a stability pool where users can deposit USH in advance to receive HDG tokens, and also allows immediate liquidation of positions that drop below the collateral ratio. This helps speed up liquidations to maintain system stability and also shields USH from major price swings during volatile market conditions.
| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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