Hive Dollar
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Hive HBD converter
1 USD = …Rates indicative. Live in-app at checkout.
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Hive Dollar isn't in the Zypto App yet
Hive Dollar runs on the Hive network, which isn't integrated in the Zypto App yet. Request Hive so you can hold and swap HBD in Zypto.
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What is Hive Dollar?
Hive Dollar (HBD) is the native stablecoin of the Hive blockchain, designed to hold a value close to one US dollar. Rather than being backed by off-chain reserves, it works through an on-chain conversion mechanism: holders can convert HBD into an equivalent dollar value of HIVE, the network's main token, using a price feed maintained by Hive's elected block producers. A waiting period on conversions helps limit abuse during volatile markets.
HBD is unusual among stablecoins because the protocol can pay native interest on HBD held in savings, at a rate set by Hive's governance. Hive is a delegated proof-of-stake blockchain that launched in 2020 as a fork of the Steem chain, and HBD carries over the design used there.
As an algorithmic stablecoin tied to the value of HIVE, HBD's peg depends on the conversion system working as intended. You can check the Hive Dollar price and hold HBD in a self-custody wallet.
How is Hive Dollar priced?
Hive Dollar's price is set by supply and demand across global exchanges, around the clock. The figure above is a volume-weighted average across major markets, updated live. Because it aims to track a peg, day-to-day moves are usually small, though that is never guaranteed. Nothing here is financial advice.
Where can I hold Hive Dollar?
You can hold Hive Dollar in any non-custodial wallet, which means you control the private keys rather than trusting an exchange. Hive Dollar runs on the Hive network, which isn't integrated in the Zypto App yet. If you'd like it added, tweet @ZyptoApp on X.
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USD1USD1 Hive Dollar price FAQs
What is the price of Hive Dollar today?
Hive Dollar is trading at $0.9064, up 0.06% over the past 24 hours. The price updates live and is a volume-weighted average across major global exchanges.
How is the Hive Dollar price calculated?
Hive Dollar's figure is aggregated from exchange markets around the world and weighted by trading volume, so the most liquid venues influence it most. The live price is provided by CoinGecko, with backup feeds for resilience.
Where can I buy Hive Dollar?
Hive Dollar runs on the Hive network, which isn't integrated in the Zypto App yet. Request Hive on X and we'll prioritize adding it so you can hold and swap Hive Dollar.
Where can I store Hive Dollar safely?
In any non-custodial wallet where you control the keys. The Hive network isn't integrated in the Zypto App yet, so you can't hold HBD in Zypto today. Request Hive on X to help us prioritize.
Where can I use Hive Dollar?
HBD isn't in the Zypto App yet, so you can't hold or swap it in-app. Request it on X to help us prioritize.
Is Hive Dollar a volatile asset?
Hive Dollar is a stablecoin, so it is built to hold a steady value close to its peg rather than swing like most crypto. The peg can still slip during market stress or if its backing is doubted, and nothing here is financial advice.
