Hubble USDH (USDH) stablecoin analytics
USDH is Hubble Protocol's decentralized Solana stablecoin backed by overcollateralized CDP vaults and USDC held through its Peg Stability Module.
Static Profile
Static stablecoin profile
Hubble USDH (USDH) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated May 15, 2026
Hubble's USDH was Solana's first MakerDAO-style CDP stablecoin at 150% min collateral; today it circulates at ~$1.2-1.5M and is structurally dormant. Hubble Protocol's USDH was the first MakerDAO-style overcollateralized stablecoin on Solana, minted against a basket of SOL...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- 94.4468% USDC deposited through the Peg Stability Module and 5.5532% Hubble CDP-backed issuance at the latest pinned read; the CDP collateral-asset weights remain incomplete
- Peg Mechanism
- Borrowers mint USDH against overcollateralized Solana vaults, while the Peg Stability Module supports zero-slippage USDH/USDC conversion and holds deposited USDC as direct backing
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Solana.
Snippet Answer
Is USDH safe?
Pharos does not mark USDH as absolutely safe. Static metadata says Hubble USDH uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety usdh-hubble
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
USDH quick answers
What is Hubble USDH (USDH)?
USDH is Hubble Protocol's decentralized Solana stablecoin backed by overcollateralized CDP vaults and USDC held through its Peg Stability Module. The static profile records its US Dollar peg mechanism as: Borrowers mint USDH against overcollateralized Solana vaults, while the Peg Stability Module supports zero-slippage USDH/USDC conversion and holds deposited USDC as direct backing
Is USDH safe?
Pharos does not mark USDH as absolutely safe. Static metadata says Hubble USDH uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs USDH?
Pharos classifies USDH backing as Crypto-Collateralized. Collateral, per the static profile: 94.4468% USDC deposited through the Peg Stability Module and 5.5532% Hubble CDP-backed issuance at the latest pinned read; the CDP collateral-asset weights remain incomplete Reserve evidence: curated reserve profile.
Can USDH be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for USDH, when applicable, appear in the dossier below.