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Hubble

Hubble

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Category: CDP
TVL: $5.6M

Hubble Protocol

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.
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Funding Rounds

Funding Round: Strategic
Funding Date: 8 Sep, 2022
Raised Amount: $5M
Funding Round: Seed
Funding Date: 16 Dec, 2021
Raised Amount: $10M

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