About Hedera
Hedera (HBAR) is a public, enterprise-focused distributed ledger network that launched its mainnet in 2019. Rather than a traditional blockchain, Hedera is built on the patented hashgraph consensus algorithm developed by Leemon Baird, which uses a gossip-about-gossip mechanism and virtual voting to achieve fast finality and fair transaction ordering. HBAR, the native cryptocurrency, is used to pay for transactions, smart-contract execution, and decentralized file storage on the network.
Hedera's mainnet is operated by a council of up to 39 globally-distributed organisations, including major enterprises and academic institutions, who run the consensus nodes under term-limited governance roles. HBAR has a fixed total supply of 50 billion tokens, with a transparent release schedule. Network services include Hedera Token Service for native tokenisation, Consensus Service for verifiable timestamping, and an EVM-compatible smart-contract environment.
Hedera's ecosystem spans tokenized real-world assets, supply-chain provenance, sustainability registries, payments, gaming, and DeFi protocols such as SaucerSwap. The HBAR Foundation, a separate non-profit, funds builders and ecosystem programmes through large-scale grants. Hedera's enterprise focus has led to integrations with major payments, identity, and custody providers, alongside a growing community of independent developers.
Crypto Market Watch tracks the live Hedera price ranked #30 by market capitalisation, 24-hour and 7-day price changes, market capitalisation, trading volume, circulating supply, and all-time highs and lows on this page. Data refreshes continuously throughout the trading day so investors can monitor HBAR market activity in real time.