Hedera 

HBAR Price

What is Hedera (HBAR) cryptocurrency?

Hedera is a public Layer-1 network that runs on hashgraph consensus, a leaderless asynchronous Byzantine fault tolerant (aBFT) protocol. The mainnet opened to the public on September 16, 2019. Leemon Baird, Mance Harmon, and Andrew Masanto founded the project, licensing the underlying technology from Baird's company Swirlds. The native coin HBAR anchors the network. Hedera targets enterprise payments, asset tokenization, decentralized identity, DeFi, and sustainability work.

How does Hedera's hashgraph consensus work?

Hedera orders transactions through hashgraph consensus, an asynchronous Byzantine fault tolerant protocol. Consensus is leaderless: network members gossip signed transactions and settle event order through virtual voting, with no miner or block proposer. Hedera positions hashgraph as a distributed ledger technology rather than a conventional blockchain.

Who governs the Hedera network?

The Hedera Council, a governing body of major enterprises and universities, oversees network decisions. Members each operate a consensus node; Google, IBM, Deutsche Telekom, Tata Communications, Boeing, and Dell have served on the council. The body is designed to scale to 39 term-limited members serving staggered three-year terms. In 2022 the council purchased the hashgraph patents and open-sourced the protocol under the Apache License, and in 2024 Hedera donated its codebase to the Linux Foundation as the Hiero project.

What is Hedera crypto used for?

HBAR carries two core roles: transaction fees on Hedera are paid in HBAR, and the coin secures the network through coin-weighted proof of stake. Developers build on Hedera for Solidity-compatible smart contracts, native tokenization, a consensus service, decentralized identity, payments, and DeFi. The network also targets sustainability and AI-related use cases.

How many HBAR coins exist and is the total supply capped?

The supply is hard-capped. Per DropsTab data, HBAR's maximum supply is fixed at 50,000,000,000 coins and equals total supply, so protocol issuance cannot raise the cap. HBAR is a native coin with no smart-contract address; network activity is verifiable through explorers such as Hashscan. Because the cap is fixed, growth in circulating supply comes from scheduled unlocks and council-controlled reserves rather than new issuance.

What does HBAR's vesting and unlock schedule mean for investors?

Per DropsTab vesting data, 90 unlock events are scheduled on a monthly and quarterly cadence. Sell pressure in HBAR comes mainly from two council-controlled buckets. Unallocated Supply holds 37.93% of the cap (18.97 billion HBAR) and the Ecosystem Development Program holds 17.79% (8.89 billion), released at council discretion for grants, market making, and ecosystem funding. A single Ecosystem release on December 1, 2021 added 2,541,301,500 HBAR, about 5.08% of total supply. This produces a slow, persistent overhang on circulating supply.

How did Hedera raise funds before launch?

Hedera raised roughly $123 million through SAFT (Simple Agreement for Future Tokens) rounds between December 2017 and August 2018, per DropsTab fundraising data. SAFT Series 1 brought in $4.7 million at $0.001 per HBAR in December 2017. SAFT Series 3A collected $81.5 million in April 2018 at a $6 billion valuation. The final Series 3B round added $22.3 million at $0.096 in August 2018.

What did Hedera's SAFT-only fundraising signal about its backers?

The SAFT structure signals a deliberately conservative, compliance-first strategy. Every priced round restricted participation to accredited investors, and Hedera held no public retail sale before launch. Press coverage reported more than 25 institutional participants across the rounds. The approach leaves early HBAR concentration with long-tenured institutional holders who bought at deep discounts before the network launched.

Did Hedera run any airdrops or community campaigns?

DropsTab records one campaign: the Hedera Ambassador Program, which recruited community ambassadors from May 2 to May 16, 2025. Applications targeted residents of Spain, Colombia, Mexico, Argentina, and Brazil, and the campaign closed on schedule. No airdrop or quest campaign is recorded for HBAR on DropsTab; ecosystem participation runs through developer grants and council programs.

Which exchanges trade HBAR?

HBAR trading is centralized-exchange-centric. Per DropsTab data, more than 50 spot pairs list across venues including Binance (HBAR/USDT, HBAR/USDC, HBAR/BTC) and Coinbase (HBAR/USD), with Kraken, Upbit, OKX, Bybit, and Bitvavo among the other venues. Fiat depth spans USD, KRW, EUR, and TRY. More than 15 derivative markets quote HBAR perpetuals, including Binance Futures, Bybit, OKX, and Hyperliquid. As a chain-native coin, HBAR settles on its own network, and liquidity concentrates on centralized venues.