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Hubble Protocol

Hubble Protocol

Solana-based CDP protocol enabling users to borrow USDH stablecoin against crypto collateral while earning yield on deposited assets

Launch Year
2022
Consensus
Proof of History (Solana)
Max Supply
100,000,000 HBB
Block Time
~0.4 seconds (Solana)
HBB
HBB
Hubble Protocol
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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Hubble Protocol Price Chart

HBB / USD
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About Hubble Protocol

Hubble Protocol is a Solana-based collateralized debt position (CDP) protocol inspired by MakerDAO, allowing users to deposit crypto collateral and borrow USDH — a Solana-native stablecoin. Unlike traditional lending where you borrow existing assets from a pool, Hubble mints new USDH against collateral, similar to how DAI is minted on Ethereum. HBB is the governance token earning a share of the protocol's revenue. Hubble was later merged into Kamino Finance, the broader Solana liquidity management protocol.

History

2022
Hubble Protocol launches on Solana mainnet with USDH stablecoin
2022
HBB token launches; protocol gains significant TVL during Solana DeFi growth
2022
Hubble achieves $500M+ in TVL at peak
2023
Hubble Protocol merges with Kamino Finance to form expanded DeFi platform
2023
USDH and HBB continue as part of Kamino Finance ecosystem

How to Swap HBB

Swapping Hubble Protocol (HBB) on SyntheticSwap requires no account or KYC verification. HBB is a Solana-native token, supported by Phantom, Solflare, Backpack, and any Solana-compatible wallet. Open SyntheticSwap, select HBB as your source or destination, enter your receiving wallet address, and confirm the displayed floating rate. Send HBB from your Solana wallet to the provided deposit address — Solana's fast block times mean your swap typically settles in seconds. The destination asset goes directly to your chosen wallet.

How to Store HBB

Store HBB in Phantom, Solflare, or any Solana SPL-compatible wallet. HBB requires SOL for transaction fees on the Solana network.

Frequently Asked Questions