Exchange Wrapped HBAR

whbar Price Live Data

The live Wrapped HBAR price today is $ 0.072 usd with a 24-hour trading volume of $2 885 304 usd. We update our WHBAR to usd price in real-time. Wrapped HBAR is down -0.44% in the last 24 hours. The current coinmarketcap ranking is #, with a live market cap of $0 usd.

What Is Wrapped HBAR (whbar)?

"Wrapped HBAR is a tokenized version of HBAR on the Hedera Hashgraph network provided by SaucerSwap

WHBAR is compliant with the Hedera token service (HTS) standard, enabling it to be fully integrated into the ecosystem of decentralized exchanges, lending, and other DeFi use cases on the Hedera network.

HBAR is not an HTS token \u2014 analogous to ETH vs. ERC-20 \u2014 so it must be wrapped to interact with the SaucerSwap contracts. This is achieved via a smart contract that stores incoming HBAR and mints wrapped HBAR. These WHBAR tokens are used to provide liquidity in SaucerSwap\u2019s decentralized exchange. When liquidity is withdrawn, WHBAR tokens are sent back to the smart contract and burned, and an equal amount of HBAR is returned to the user.
With the introduction of native staking, the HBAR in this smart contract can be dynamically staked to a permissioned node to generate real yield for users. Since Hedera does not impose slashing or lockup periods, SaucerSwap users can withdraw liquidity instantaneously."