Total Tracked$344.62B
RWA ex-Stablecoins$46.85B
Stablecoins$291.39B
Treasuries$8.62B
Gold$5.44B
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USDH

USDHHermetica USDh

Stablecoin 24/7/365
$0.9995
0.00% 24h
Rank #2474

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.

  • Macro context: USDH is part of the tokenized money market, which represents only ~0.283% of global M2 money supply today.

Data as of Sep 6, 2026

Price performance

7D

-0.24%

14D

-0.05%

30D

+0.01%

1Y

+8.56%

All-time

+196.25%

Market Cap

$1.84M

24h Volume

$590.93

Underlying

Fiat / RWA-backed stablecoin

PermissionlessWhat's this?

Key facts

via /coins/{id}

Market Cap Rank

#2474

Circulating Supply

1.84M

Total Supply

1.84M

All-Time High

$1.25 · 2026-08-06

Categories

StablecoinsUSD StablecoinStacks EcosystemCrypto-backed StablecoinYield-Bearing StablecoinYield-Bearing Tokens

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Side-by-side execution across centralized order books and on-chain pools. Slippage estimated for a $10,000 swap.