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hyUSD is a Hydra-native, collateralized wrapper token — fully backed 1:1 by sUSDe, the yield-bearing stable asset from Ethena Labs. sUSDe represents staked USDe, which is minted against deposits of BTC, ETH, and other stablecoins. Ethena operates under a delta-neutral strategy, where collateral assets are held long while an equivalent short futures position offsets price exposure — generating sustainable yield from funding rate differentials.

Hydra Bridged sUSDe (Hydra)

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HYUSD	USD
0.1	0.17006541065
1	1.70
2	3.40
5	8.50
10	17.01
20	34.01
50	85.03
100	170.07
1000	1,700.65

USD	HYUSD
0.1	0.05880090467
1	0.58800904674
2	1.18
5	2.94
10	5.88
20	11.76
50	29.40
100	58.80
1000	588.01

Hydra Bridged sUSDe (Hydra) Converter

HYUSD to USD Price Chart

Price Performance

Price Performance

HYUSD to USD Conversion Table

Popular Conversions