HBAR is the native token of Hedera, a public distributed ledger that uses the hashgraph consensus algorithm — achieving asynchronous Byzantine Fault Tolerance (aBFT), approximately 10,000+ transactions per second finality, and $0.0001 USD transaction fees — governed by the Hedera Governing Council (39 term-limited seats held by major global corporations including Google, IBM, LG, Boeing, Deutsche Telekom, Ubisoft, and others), with HBAR used to pay for all network services: HCS (Hedera Consensus Service), HSCS (smart contracts), HTS (token service), and HFS (file service).
For Hedera’s hashgraph architecture, governance model, and technical specifications, see the Hedera entry.
| Stat | Value |
|---|---|
| Ticker | HBAR |
| Price | $0.09 |
| Market Cap | $3.82B |
| 24h Change | +3.6% |
| Circulating Supply | 43.32B HBAR |
| Max Supply | 50.00B HBAR |
| All-Time High | $0.57 |
HBAR Token Economics
| Parameter | Value |
|---|---|
| Ticker | HBAR |
| Max supply | 50,000,000,000 (50 billion) |
| Initial distribution | Swirlds/founders (~20%), Hedera Treasury (~80% over 15 years) |
| Network launch | September 16, 2019 |
| Consensus | Hashgraph (aBFT virtual voting — no mining, no traditional staking currently) |
| Fee model | Fixed USD-denominated fees paid in HBAR (fee adjusts with HBAR price) |
Use Cases
- Network fee payment — All Hedera transactions (token mints, smart contracts, consensus messages) require HBAR fees.
- Staking — Hedera’s native staking (proxy staking to nodes) earns HBAR rewards.
- DeFi on Hedera — HBAR and HTS tokens serve as the base assets for Hedera DeFi (DEXes like SaucerSwap, lending on Felix Protocol).
History
- 2017 — Hedera Hashgraph is announced by Mance Harman and Dr. Leemon Baird (inventor of hashgraph). The Hedera Governing Council structure is established.
- 2018 — Hedera raises $124M in a public SAFT token sale.
- 2019-09-16 — Hedera mainnet launches. HBAR begins trading. Initial price ~$0.12.
- 2021-09 — HBAR reaches its all-time high near $0.57 during the alt-season bull run.
- 2023 — Hedera ecosystem expands with active DeFi, NFT marketplaces (HashGart), and enterprise adoption of the Hedera Consensus Service.
Last updated: 2026-04