What Hedera is
Hedera (HBAR) is a decentralized public network that enables fast, secure, and low-cost transactions through its unique consensus algorithm known as Hashgraph. It falls under the categories of cryptocurrency, smart contracts, token issuance, and Byzantine fault tolerance.
Supply and market standing
Hedera ranks 43rd by market cap. Its market cap is $3.506 billion, and its 24-hour trading volume is $9.106 million. The circulating supply is 43.83 billion HBAR, which is 87.7% of the total supply of 50 billion HBAR. The fully diluted valuation is $3.994 billion.
Price in the record
The current price of HBAR is $0.080. Over the last 24 hours, it has ranged from a low of $0.073 to a high of $0.081. The price has increased by 8.7% in the last 24 hours, 8.8% in the last 7 days, and 14.5% in the last 30 days. However, it is down 62.8% over the past year. The all-time high was $0.57 on 15 September 2021, and the current price is 86.0% below that peak. The all-time low was $0.0099 on 2 January 2020.
Where HBAR trades
HBAR is traded on 21 centralized exchanges tracked by this site. The top venue by 24-hour volume is Binance, with the HBARUSDT pair at $0.080 and a volume of $9.106 million. Other major venues include Coinbase (HBAR-USD, $0.080, $5.455 million), Toobit (HBARUSDT, $0.080, $4.702 million), Upbit (KRW-HBAR, $0.081, $2.324 million), OKX (HBAR-USDT, $0.080, $1.76 million), Kraken (HBAR/USD, $0.080, $1.696 million), Bybit (HBARUSDT, $0.080, $1.615 million), and LBank (hbar_usdt, $0.080, $1.571 million). The spread between the highest and lowest exchange price is 1.47%.
Derivatives
On Binance, the perpetual contract HBARUSDT has a mark price of $0.080, with a 24-hour change of +8.7% and a 24-hour volume of $32.24 million. The funding rate is 0.0100% per funding interval.
HBAR in Indian rupees
The price of HBAR in Indian rupees is ₹7.55, based on an exchange rate of 1 USD = ₹94.49. The market cap in rupees is ₹33,130 crore, and the 24-hour trading volume is ₹86.04 crore.
Ranked nearby
Immediately above Hedera in the rankings are Uniswap (UNI, rank 41) and Gram (prev. Toncoin) (GRAM, rank 42). Below are Avalanche (AVAX, rank 45) and Sui (SUI, rank 46).
Frequently asked
What is Hedera's consensus algorithm? Hedera uses the Hashgraph consensus algorithm, which enables fast, secure, and low-cost transactions.
What is the current price of HBAR? The current price of HBAR is $0.080, or ₹7.55.
How much has HBAR changed in the last 24 hours? HBAR has increased by 8.7% in the last 24 hours.
What is the all-time high of HBAR? The all-time high of HBAR was $0.57, reached on 15 September 2021.