What is Hydrated Dollar (HOLLAR)?
HOLLAR is Hydration's decentralized, over-collateralized stablecoin designed to target the value of approximately $1. Unlike algorithmic stablecoins that rely on market mechanisms alone, HOLLAR is minted against crypto collateral that users deposit into the protocol. This creates a direct backing relationship where each HOLLAR token represents a claim against real crypto assets held in the system.
Where can you buy Hydrated Dollar?
Hydrated Dollar (HOLLAR) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for HOLLAR sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for HOLLAR. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.