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Hubble Protocol
Hubble is a DeFi protocol on Solana that allows users to mint and borrow USDH, a censorship-resistant stablecoin, by depositing multiple crypto assets. It aims to provide decentralized financial services and enhance liquidity on the Solana network.
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Description
Hubble is a decentralized finance (DeFi) protocol built on the Solana blockchain. It allows users to borrow USDH, a censorship-resistant stablecoin, by depositing a variety of crypto assets as collateral, thereby unlocking liquidity without selling their holdings. The protocol also offers yield-generating opportunities and integrates with other DeFi platforms like Kamino. The platform is operated by Vertex Labs INC. and its smart contracts have been audited by multiple security firms. Governance is managed through the HBB token, and the project encourages security research through a bug bounty program.Grant Funding
VC Funding
None
2021
2022
$0
$15M