Profile
hbUSDT profile facts
Hyperbeat USDT (hbUSDT) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg USDT-denominated NAV.
Variant relationship
Hyperbeat USDT (hbUSDT) is modeled as a strategy vault variant of Tether (USDT). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
- Collateral
- USDT0 was the only enabled deposit token at the fixed HyperEVM review block; docs also list USDe and USR as broader or legacy inputs. Deposits enter a dynamic allocation whose largest tracked holding is Hyperbeat's own USD+ (masterUSD) vault token, a USDC and beatUSD lending vault rather than Tether. Direct USDT is not accepted.
- Peg mechanism
- hbUSDT is a yield-bearing vault token over USDT strategy exposure. Hyperbeat's holder integration documentation specifies USDT0 output through a separate redemption contract, with liquidity-conditional instant redemption and a classic request route; it does not establish exact current executable capacity. Ultimate fiat par exit additionally depends on USDT0 realization and Tether's issuer route
- Jurisdiction
- Not disclosed in the static profile.
- Proof of reserves
- Self-Reported PoR by Accountable proof-of-solvency dashboard; the historical August 7-8, 2026 review recorded HTTP 503, while the October 9, 2026 source review could not resolve accountable.hyperbeat.org. No current full-allocation proof was retrieved; the issuer's solvency documentation alone does not establish current constituent weights. Reserve source
- Contracts
- 1 deployment tracked across HyperEVM.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
hbUSDT quick answers
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What is Hyperbeat USDT (hbUSDT)?
hbUSDT is Hyperbeat's yield-bearing USDT vault token on HyperEVM, exposing holders to DeFi lending and strategy returns over Tether's underlying par. The static profile records its USDT-denominated NAV accounting mechanism as: hbUSDT is a yield-bearing vault token over USDT strategy exposure.
Is hbUSDT safe?
As of Nov 8, 2026, Pharos grades hbUSDT D (47/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and any holder can use its reviewed redemption route. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs hbUSDT?
Pharos records hbUSDT's reserves as of Sep 30, 2026 as 100% Dynamic Hyperbeat hbUSDT strategy portfolio. Reserve evidence: Self-Reported PoR. Pharos classifies the backing as Crypto-Collateralized.
Can hbUSDT be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem hbUSDT?
Under the route Pharos reviewed on May 11, 2026, any holder can redeem hbUSDT for a single stable asset, such as cash or a stablecoin. Settlement takes multiple days. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.
