Hydrated Dollar (HOLLAR) Price
HOLLAR RANK #1042The price of Hydrated Dollar (HOLLAR) is calculated in real-time by aggregating the latest data across 1 exchanges and 7 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. Hydrated Dollar (HOLLAR) is a decentralized, over-collateralized stablecoin within the Hydration ecosystem designed to maintain a stable value relative to the US Dollar through crypto-asset backing. Hydrated Dollar serves as a decentralized stablecoin for the Polkadot ecosystem, providing a trustless alternative to centralized fiat-backed tokens. The value within the system moves through a mint-and-burn mechanism where each HOLLAR token represents a claim against crypto assets held in the protocol's vaults.
