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Hydrated Dollar (HOLLAR) stablecoin analytics

HOLLAR is Hydration's overcollateralized dollar stablecoin, minted from DOT, ETH, BTC, and stablecoin collateral on an Aave v3 fork with HSM-anchored peg swaps.

Static Profile

Static stablecoin profile

Hydrated Dollar (HOLLAR) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.

AI summary / Updated May 15, 2026

Aave V3 fork on Hydration with diversified DOT/ETH/BTC/stablecoin collateral and HSM-anchored peg swaps; chain risk caps the ceiling. HOLLAR is an Aave V3 fork running on Hydration, Polkadot's largest DeFi protocol, backed by a diversified basket of DOT, ETH, vDOT, wrapped BTC...

AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026

Collateral
Overcollateralized by DOT, ETH, vDOT, WBTC, tBTC, USDT, USDC, and giga-token variants (GIGADOT, GIGAETH) on the Hydration appchain; built on Aave v3-forked code
Peg Mechanism
Overcollateralized CDP with automated partial liquidations per block; peg stabilized by the HOLLAR Stability Module (HSM), which enables direct stablecoin swaps near $1 and deploys received stablecoins into yield strategies
Jurisdiction
Not disclosed in the static profile.
Proof Of Reserves
No proof-of-reserves entry in the static profile.
Contracts
1 deployment tracked across Hydration.

Snippet Answer

Is HOLLAR safe?

Pharos does not mark HOLLAR as absolutely safe. Static metadata says Hydrated Dollar uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

Next Actions

Exact bot target: /subscribe dews,depeg,safety hollar-hydrated

Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.

HOLLAR quick answers

What is Hydrated Dollar (HOLLAR)?

HOLLAR is Hydration's overcollateralized dollar stablecoin, minted from DOT, ETH, BTC, and stablecoin collateral on an Aave v3 fork with HSM-anchored peg swaps. The static profile records its US Dollar peg mechanism as: Overcollateralized CDP with automated partial liquidations per block; peg stabilized by the HOLLAR Stability Module (HSM), which enables direct stablecoin swaps near $1 and deploys received stablecoins into yield strategies

What backs HOLLAR?

Pharos classifies HOLLAR backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized by DOT, ETH, vDOT, WBTC, tBTC, USDT, USDC, and giga-token variants (GIGADOT, GIGAETH) on the Hydration appchain; built on Aave v3-forked code Reserve evidence: curated reserve profile.

Can HOLLAR be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for HOLLAR, when applicable, appear in the dossier below.