Hubble

Lending/Borrowing

Copy link
Share on X

Claim company
Report company

Description

Hubble Protocol is a DeFi platform on the Solana blockchain, offering a suite of financial services centered around its decentralized stablecoin, USDH, which is minted from over-collateralized cryptocurrency deposits. Launched in 2022, Hubble emphasizes maintaining strong collateral ratios to secure the stablecoin’s value, promoting trust within its ecosystem. It provides zero-interest loans against collateral, enhancing liquidity and capital efficiency. The platform also enables staking of HBB tokens or other assets for rewards and governance participation. Optimized for Solana's efficiency, Hubble offers scalable DeFi solutions, expanding to include yield optimization and structured products, with future plans for under-collateralized lending. HBB and USDH are core tokens, traded on numerous platforms, with market-sensitive pricing and dynamics. Through robust collateral systems and versatile investment strategies, Hubble aims to advance decentralized financial services in the web3 space.

Socials

Similar companies

Hedge USD

Hedge Protocol on Solana offers interest-free lending and stablecoin (USH) loans, emphasizing decentralization and efficiency.

Hubble Exchange

Hubble Exchange merges order book trading and DeFi for secure, intermediary-free crypto trading, focusing on perpetual swaps and transparent transactions.

HUSD

HUSD is a stablecoin pegged 1:1 to USD, designed for stability and security on Ethereum's blockchain, aimed at both individual and institutional use in trading, payments, and hedging, ensuring transparency through regular audits.

Lista USD

Helio Protocol is an open-source BNB Chain-based liquidity protocol featuring HAY, an over-collateralized destablecoin, and aims to transition into a community-governed DAO with the introduction of the HELIO token.

Huma Finance

Huma Finance is a DeFi protocol on Ethereum, offering leverage trading, lending, and synthetic tokens with a focus on liquidity, security, and decentralized governance for enhanced market efficiency.

bHBD

bHBD is a wrapped version of HBD on BNB Smart Chain, providing liquidity and yield while linking the Hive and BNB ecosystems.

Huddle.Finance

Huddle.Finance is a decentralized platform boosting yield-bearing assets' utility and interoperability across blockchains, offering lending, borrowing, and staking in a secure DeFi ecosystem.

Hifi Finance

Hifi Finance, formerly Mainframe, is a DeFi protocol on Ethereum for fixed-rate lending/borrowing, offering tokenized debt for a liquid loans market.

Honey Protocol

Honey Protocol is a DeFi yield aggregator on Ethereum, automating interest earning across protocols to optimize returns, enhance security, and minimize gas fees for users.

SolHub

SolHub enhances DeFi on Solana with staking, farming, and swapping, offering fast, low-cost access via a user-friendly platform for decentralized finance.

Hyperbolic Protocol

Hyperbolic Protocol is a unique on-chain lending platform where users borrow ETH using HYPE tokens as collateral, leveraging Uniswap V3 TWAPs and automated APRs. HYPE holders earn real ETH yield from protocol fees.

Henez Finance

The first Omnichain Liquidity Layer unlocking liquidity across chains with zUSD stablecoin.

FAQ

What is the primary purpose of Hubble Protocol on the Solana blockchain?

Hubble Protocol is designed to offer comprehensive DeFi solutions on the Solana blockchain, with a focus on stablecoin issuance, borrowing, and lending. Its primary goal is to facilitate financial products like USDH, a decentralized stablecoin, and zero-interest loans. These services aim to enhance liquidity and capital efficiency through robust collateral management, leveraging Solana's speed and low transaction costs to ensure scalable and accessible DeFi solutions.

How does Hubble Protocol's zero-interest loan work?

Hubble Protocol allows users to leverage their cryptocurrency holdings as collateral to access zero-interest loans, requiring only a one-time 0.5% fee. Users receive USDH, Hubble's stablecoin, maintaining liquidity and allowing them to earn a yield on collateralized assets. This approach minimizes recurring payments and enables users to benefit from potential asset appreciation while reducing liquidation risks through diversified asset collateralization.

What are the benefits of using Hubble Protocol's USDH stablecoin?

The USDH stablecoin, issued by Hubble Protocol, provides stability through its peg to the US dollar and is minted from over-collateralized deposits. It enables users to engage in various DeFi operations within the Solana ecosystem and beyond. Users benefit from its high liquidity and capacity for trading across 68 markets, while the stability is reinforced by maintaining strong collateral ratios, ensuring trust and reducing volatility.

How does Hubble Protocol compare to other DeFi platforms on Solana?

Hubble Protocol distinguishes itself by offering zero-interest loans and its native stablecoin, USDH, which is over-collateralized to enhance stability. Unlike other platforms, Hubble leverages Solana's high throughput and low costs to provide scalable DeFi services, including staking and yield optimization. Its comprehensive suite addresses a wide range of financial needs, from liquidity provision to structured borrowing, setting it apart in the DeFi space.

Why is staking HBB tokens beneficial on Hubble Protocol?

Staking HBB tokens on Hubble Protocol allows users to earn rewards and participate in governance, directly impacting protocol decisions and contributing to its security and efficiency. By staking, users can also benefit from the token's potential appreciation, enhancing their overall returns. This feature amplifies the DeFi ecosystem's inclusivity by enabling community involvement and offering additional earning strategies.

What should users do if they encounter the USDH stablecoin's price volatility?

USDH aims to maintain a value close to its US dollar peg, but users may occasionally experience volatility. To mitigate risks, users should ensure adequate collateralization to withstand price fluctuations. Engaging in yield optimization strategies and leveraging liquidity pools can also help manage value shifts. Staying informed about market conditions and utilizing Hubble Protocol's tools will assist users in navigating USDH's dynamic market behavior.

FAQ

Company is unclaimed. Do you work for or own this company?

Description

Socials

Tags