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# | Exchange | Pair | Price | Volume (24h) | Updated | Trust Score |
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Hermetica USDh current price is $1.00 with a marketcap of $5.01 M. Its price is -0.04% down in last 24 hours.
USDh is the first Bitcoin-backed, yield-bearing stablecoin on Bitcoin L1 and L2s.USDh consists of BTC coupled with a short perpetual futures position to create a synthetic dollar that is completely outside the fiat banking system.The short perpetual futures position generates up to 25% APY from funding rate payments which are passed on to users that stake USDh.Hermetica’s mission is to enable global financial freedom.