Hundred Finance Price

Hundred Finance (HND) price has increased today.

The price of Hundred Finance (HND) is $0.015078897305 today with a 24-hour trading volume of $7,145.45. This represents a 3.60% price increase in the last 24 hours and a -10.20% price decline in the past 7 days. With a circulating supply of 690 Million HND, Hundred Finance is valued at a market cap of $10,450,081.

What is Hundred Finance (HND)?

Hundred Finance is a decentralized application (dApp) that enables the lending and borrowing of cryptocurrencies. A multi-chain protocol, it integrates with Chainlink oracles to ensure market health and stability, while specializing in serving long-tail assets.

What can you do on Hundred Finance?

Users of Hundred Finance are able to lend select cryptocurrency assets and borrow against their loan-to-value ratio, earning variable interest on the supply side and accruing it on the borrow side. The act of borrowing sends the desired asset to the user’s wallet, while supplied tokens are represented there as hTOKENS, (eg. hETH, hUSDC, etc.). These hTOKENS can be redeemed at any time for the original asset plus any accrued interest.

Interest rates on Hundred Finance are calculated automatically and expressed per token as an annual percentage yield (APY). These rates adjust on a by-block basis in response to demand for a particular asset and liquidity available to supply that demand. This encourages users to stake funds when demand increases, helping to maintain ongoing market health.

Changes in the market value of assets being borrowed and lent, as well as the accrual of interest, can result in the value of supplied assets no longer sufficiently collateralizing obligations on borrowed assets. Once the collateralization of a debt position falls below a certain level, an account using Hundred Finance becomes vulnerable to liquidation. The liquidation process entails its assets (hTOKENS) being claimed (plus a liquidation penalty) by independent liquidators in return for repaying the account’s debt until its collateralization ratio has returned to a healthy level.

What is the Hundred Finance (HND) token used for?

The Hundred Finance platform has its own token, HND. Once sufficiently distributed among users, the HND token will allow protocol decisions to be made in a decentralized manner through its implementation in governance. Its distribution to users based on their provision of liquidity to the protocol also incentivizes interaction and assists in bootstrapping the Hundred Finance project.

Where can you buy Hundred Finance?

HND tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Hundred Finance is Velodrome Finance v2, where the most active trading pair HND/USDC has a trading volume of $7,090.80 in the last 24 hours. Other popular options include Solidly and Dodo (Arbitrum).

What is the daily trading volume of Hundred Finance (HND)?

The trading volume of Hundred Finance (HND) is $7,145.45 in the last 24 hours, representing a -69.10% decrease from one day ago and signalling a recent fall in market activity.

What is the all-time high for Hundred Finance (HND)?

The highest price paid for Hundred Finance (HND) is $6.02, which was recorded on Jan 04, 2022 (over 1 year). Comparatively, the current price is -99.70% lower than the all-time high price.

What is the all-time low for Hundred Finance (HND)?

The lowest price paid for Hundred Finance (HND) is $0.000000000000, which was recorded on Nov 26, 2021 (over 1 year). Comparatively, the current price is 516,301,338,730,484,700,000,000,000.00% higher than the all-time low price.

What is the market cap of Hundred Finance (HND)?

Market capitalization of Hundred Finance (HND) is $10,450,081 and is ranked #931 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HND tokens (690 Million tokens are tradable on the market today).

What is the fully diluted valuation of Hundred Finance (HND)?

The fully diluted valuation (FDV) of Hundred Finance (HND) is $1,508,103. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million HND tokens are in circulation today. Depending on how the emission schedule of HND tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Hundred Finance compare against its peers?

With a price decline of -10.20% in the last 7 days, Hundred Finance (HND) is underperforming the global cryptocurrency market which is down -1.10%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

What is the market sentiment of Hundred Finance today?

The community is bearish as more than 100% of users are feeling bad about Hundred Finance (HND) today.

How to add Hundred Finance (HND) to MetaMask?

Adding Hundred Finance (HND) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import HND as a token. You can copy HND’s contract address (0x10010078a54396f62c96df8532dc2b4847d47ed3) and import it manually, or if you've installed MetaMask's chrome extension, add HND to MetaMask with one click on CoinGecko.

Add HND to MetaMask.