Hedera at a glance.
Hedera reaches agreement using the hashgraph algorithm and finalizes transactions in a few seconds with low, predictable fees. Here is its design and how it is used, not the price.
$53.0M
Value locked in DeFi protocols on Hedera. Updated Jun 2, 2026. Source: DefiLlama.
HBAR
Used for fees and securing the network. See the live HBAR price.
How Hedera works.
Nodes share what they know about transactions with each other through a process called gossip-about-gossip, which spreads both the data and a record of how it spread. Each node can then replay that history and calculate the agreed order of transactions on its own, a method called virtual voting, without sending separate voting messages. The result is asynchronous Byzantine fault tolerant finality reached in a few seconds.
Nodes share what they know about transactions with each other through a process called gossip-about-gossip, which spreads both the data and a record of how it spread. Each node can then replay that history and calculate the agreed order of transactions on its own, a method called virtual voting, without sending separate voting messages. The result is asynchronous Byzantine fault tolerant finality reached in a few seconds.
Not a blockchain
Hedera uses a hashgraph data structure instead of a single chain of blocks, so transactions are ordered through gossip and virtual voting rather than mined or proposed blocks.
Council governance
The network is governed by the Hedera Council, a group of independent organizations that run nodes and make decisions, with membership terms to rotate over time.
Predictable fees
Transaction fees are denominated in US dollars and paid in HBAR, so the cost of a transfer or contract call stays stable at fractions of a cent regardless of HBAR market movements.
Native services
Beyond transfers, the network offers built-in services for issuing tokens, recording verifiable timestamps through the consensus service, and running smart contracts.
What Hedera is used for.
HBAR is used to pay fees and secure native services such as token issuance, payments, the consensus service and enterprise supply-chain tracking.
Tokenization
Issue and manage fungible and non-fungible tokens directly through the native token service rather than a separate contract.
Payments
Send value with fast finality and low, predictable fees suited to high-volume transfers.
Enterprise and supply chain
Record verifiable, ordered events through the consensus service for audit trails, provenance and supply-chain tracking.
Hold, swap and spend HBAR.
Hedera is integrated in the Zypto App. Hold HBAR in self-custody, swap it to any supported asset, and use it across Zypto’s features.
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Hedera isn’t in the Zypto App yet. Post the request to your followers, chains with the most demand get prioritised.
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