HYDT (HYDT) — price, overview & secure storage
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Last Updated on Jun 17, 2026 12:55 PM
What is HYDT? Complete guide to HYDT
What is HYDT and who created it?
HYDT Stablecoin is part of the HYDT Protocol, operating on the Binance Smart Chain. It is a USD-pegged stablecoin, meaning its value is intended to remain stable relative to the US dollar. The coin is backed by BNB collateral, ensuring its stability and reliability.
Key features of HYDT blockchain
The HYDT Protocol offers several unique features. It provides a fully decentralized and automated mint/redeem process, especially useful in case of a depegging event. The protocol maintains a fully transparent reserve held in BNB, ensuring trust and security. Additionally, it offers a flexible and durable peg/">soft peg mechanism, which helps maintain the coin's value. Users can earn up to 30% APY fixed return on stablecoin deposits, along with additional governance-token/">governance token farming rewards. The protocol is also designed to resist bank run events, adding an extra layer of security.
How HYDT transactions work
The HYDT Protocol operates by maintaining a reserve of BNB to back its stablecoin, ensuring that each coin is pegged 1:1 with the US dollar. The decentralized nature of the protocol allows for automated processes in minting and redeeming the stablecoin, which helps maintain its peg. The protocol's design includes mechanisms to provide high returns to holders while ensuring the stability and security of the coin.
Wallet for HYDT
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Tangem supports networks for HYDT
- Bnb Smart Chain
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Similar cryptocurrencies to HYDT (HYDT)
| Asset | 24h % | Market cap | |
|---|---|---|---|
 BitcoinBTC | $64,904.02 | -2.19% | $1.30T |
 EthereumETH | $1,755.20 | -3.15% | $0.21T |
 TetherUSDT | $0.9991 | -0.02% | $0.19T |
 BNBBNB | $607.89 | -1.00% | $81.99B |
 USDCUSDC | $0.9997 | -0.00% | $74.84B |
Frequently asked questions about HYDT (HYDT)
- HYDT is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- HYDT offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- Yes. HYDT is the trading symbol used to identify HYDT on exchanges and charts.
- You can buy HYDT using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
How to store HYDT securely with a hardware wallet
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why Tangem is a trusted HYDT hardware wallet
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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