Hydra

E854524

Hydra is a U.S. dollar–pegged stablecoin designed to maintain a stable value relative to the USD.

All labels observed (1)

Label Occurrences
Hydra canonical 1

How this entity was disambiguated

Statements (25)

Predicate Object
instanceOf cryptocurrency ⓘ
stablecoin ⓘ
aimsFor low price volatility ⓘ
circulatesOn blockchain ⓘ
denominatedIn USD ⓘ
linked to: US dollar
hasAssetType digital asset ⓘ
hasCategory dollar-pegged stablecoin ⓘ
hasDesignObjective minimize exchange rate fluctuations vs USD ⓘ
hasPegMechanism U.S. dollar peg ⓘ
hasPegType fiat-pegged ⓘ
hasPrimaryGoal maintain stable value relative to USD ⓘ
hasRiskProfile peg stability risk ⓘ
hasUseCase hedging against crypto volatility ⓘ
medium of exchange ⓘ
store of value ⓘ
unit of account ⓘ
isDesignedFor price stability ⓘ
isLinkedTo U.S. dollar value ⓘ
isUsedIn DeFi applications ⓘ
crypto trading ⓘ
digital payments ⓘ
remittances ⓘ
peggedTo USD ⓘ
linked to: US dollar

United States dollar ⓘ
linked to: US dollar
targetValue 1 USD ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

USD → component → Hydra ⓘ