Full Currency Name | /HB10 |
Currency Code | HB10 |
Coin Intro | "HB10 is an index-based digital asset designed to facilitate the exchange and circulation of digital assets under low-risk conditions, tracking the Huobi Main Index. Its full English name is HUOBI 10, launched on May 23, 2018, with an unknown total supply. The Huobi Main Index product was released as a tradable asset portfolio on Huobi Global on June 1, 2018. The product uses a full replication method to track the Huobi Main Index and adjusts according to changes in the constituent currencies and their weights within the index. HB10 is the first index-based product issued by Huobi Global Professional that can be exchanged for a basket of digital assets. It helps users participate in a diversified digital asset market with minimal investment and reduced non-systematic risk, providing them with a risk-diversified and diversified digital asset management tool. This tool benefits those who are optimistic about the overall technology of blockchain and wish to engage in market trading. In simple terms, HB10 is composed of 10 mainstream cryptocurrencies selected by Huobi, reflecting the overall performance of the Huobi Global market. During the HB10 token exchange period, USDT, BTC, ETH, and HT can be used for purchases. After the preparation period, the product can be traded at the current market price in the USDT zone. Once the exchange-in and exchange-out zones open, exchanges will be available daily from 8:00 AM to 8:00 PM (UTC+8). This means that in addition to trading HB10 shares based on the current market price in the USDT zone, they can also be exchanged for a basket of component coins or redeemed using a basket of component coins. HB10 Founding Team and Background: HB10 is a project of Huobi, founded by Li Lin, who also serves as its chairman. Li Lin holds a postgraduate degree from the Department of Automation at Tsinghua University and later worked for Oracle USA. In June 2010, he founded Renrenzhe, a group buying navigation website. In May 2013, Li Lin founded the Bitcoin trading platform Huobi. The company received angel investments from Zhen Fund and angel investor Dai Zhikang in 2013, followed by a $10 million Series A round led by Sequoia Capital in 2014. On October 10, 2019, Li Lin ranked 531st on the Hurun China Rich List 2019 with a personal wealth of 7.5 billion RMB. On October 28, 2019, the Hurun Research Institute published the Hurun Rich List of Self-Made Entrepreneurs Born in the 1980s 2019, where Li Lin ranked 15th with 7.5 billion RMB. The current price of HB10 is $2.63, with no information provided on its 24-hour trading volume. There has been no change in HB10s value over the past 24 hours. No information is provided on its market capitalization, circulating supply, or total supply." |
Issue Date | |
All-Time High | $9.0151557 |
All-Time Low | $0.22633343 |
Total Supply | 0 |
Circulating Supply | 0 |
Circulating Supply Percentage | NaN |
Market Cap | NaN |
Fully Diluted Market Cap | $Infinity |
Mkt Cap (Float) | $ |
Circulating Market Cap % of Global Total | |
Listed on Exchanges | 0 |
Official Link | https://www.huobi.pro/zh-cn/etf/hb10/ |
Whitepaper | |
Blockchain Explorer | |
Telegram |
"https://t.me/huobiproofficial"
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Github | |
Twitter | https://twitter.com/HuobiGlobal |
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