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 NERFINISHED
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 NERFINISHED
United States dollar NERFINISHED
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