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 ~0.282% of global M2 money supply today.
Data as of Sep 6, 2026
Price performance
7D
+0.10%
14D
-0.15%
30D
+0.03%
1Y
+0.19%
All-time
+196.65%
Market Cap
$2.06M
24h Volume
$13.86K
Underlying
Fiat / RWA-backed stablecoin
Key facts
via /coins/{id}Market Cap Rank
#2273
Circulating Supply
2.06M
Total Supply
2.06M
All-Time High
$1.25 · 2026-08-06
Categories
Alerts & digests
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Analyze & download 24/7 history
Full round-the-clock historical data for USDH — including off-market-hours — exportable to CSV.
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AI-assisted analysis of USDH paired with the latest issuer, regulatory and market news.
CEX Order Books
CoinGecko /coins/{id}/tickers
| Market | Price | 24h Vol | ±2% Depth | Slippage $10k |
|---|---|---|---|---|
BitflowBest SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.USDH-TOKEN-V1/SP120SBRBQJ00MCWS7TM5R8WJNTTKD5K0HFRC2CNE.USDCX | $1 | $13.86K | $0 | 0.05% |
DEX Pools
GeckoTerminal /onchain pools
No on-chain pools tracked for this asset.