HBAR (ℏ)

Name: Hedera
Price range: $

Incredibly fast. Predictably low fees. Finality in seconds.

Dual role of HBAR

HBAR is the native, energy-efficient cryptocurrency of the public Hedera network. Hbars are used to pay application transaction fees and protect the network from attack through proof-of-stake.

Network fuel

Developers use hbars to pay for network services, such as transferring hbars, minting fungible and non-fungible tokens, calling smart contracts, and logging data. For every transaction submitted to the network, hbars are used to pay fees that compensate consensus nodes for bandwidth, compute, and storage.

Network protection

Hedera is a public, open source, proof-of-stake network. When hbars are staked to network nodes, they have a weighted influence on consensus for processing transactions.

Weighted voting makes it difficult and expensive for a bad actor to maliciously affect consensus — it would require a centralized authority to own and stake over one-third of the network’s total supply of HBAR.

Treasury Management Report

The Treasury Management Report describes the methodology used to report Hedera’s management of the allocated and unallocated supply of hbars as directed by the Council’s Treasury Management and Token Economics Committee and presents the current data as of December 6, 2022.

This report includes the following information:

Classification of Hbars.
Allocations and Release Schedule.
Principles Applied to the Report.

Read Report

The 3rd generation public ledger

Bitcoin pioneered decentralized infrastructure and Ethereum brought programmability. But earlier proof-of-work blockchains consume massive amounts of energy and process transactions slowly in order to achieve acceptable levels of security. Heavy bandwidth consumption by these technologies leads to expensive fees, even for a simple cryptocurrency transaction.

The Hedera proof-of-stake public network, powered by hashgraph consensus, achieves the highest-grade of security possible (ABFT), with blazing-fast transaction speeds and incredibly low bandwidth consumption. By combining high-throughput, low fees, and finality in seconds, Hedera leads the way for the future of public ledgers.

Transactions
per second

average
fee

transaction
confirmation

Energy
Consumption
per
Transaction

1st
Generation

Bitcoin

BTC

7

TPS

$10+

usd**

10-60

minutes

2,927,000

Wh^^

2nd
Generation

Ethereum

ETH

30

TPS

$0.68+

usd^

10-20

seconds

9.956

Wh^^

3rd
Generation

Hedera

HBAR

10,000+

TPS*

$0.001

usd

3-7

Seconds

(w/ finality)

0.003

Wh^^

*Cryptocurrency transactions throttled at 10,000 TPS and will increase in the future. Sharding to enable unlimited TPS. For Hedera, the range is shown for transactions not requiring a transaction record but can receive a transaction receipt.

**Average Bitcoin transaction fee: https://ycharts.com/indicators/bitcoin_average_transaction_fee

^Average Ethereum transaction fee: https://ycharts.com/indicators/ethereum_average_transaction_fee

^^From: http://blockchain.cs.ucl.ac.uk/blockchain-energy-consumption

The HBAR advantage

Incredible throughput

The Hedera network achieves 10,000 HBAR cryptocurrency transactions per second, in a single shard and on-ledger, without compromising on network security or stability.

Predictably low fees

Hashgraph consensus is incredibly lightweight, allowing for the cost per HBAR transaction to be very small — around $0.0001 USD. In combination with high throughput, micropayments using a token on Hedera, or hbars, is a practical reality.

Finality in seconds

Never wait for block confirmations again. HBAR transactions achieve finality, on-ledger, within three to five seconds. Be confident in payment settlements and offer modern digital experiences within your application.

Network metrics

Dashboard

LATENCY Time for a transaction to reach finality once submitted to the network. Averaged over 15 minutes prior to last metrics update.

2.90

SECONDS TO FINALITY

ACCOUNTS Total number of accounts created on the network.

7,145,985

ON MAINNET

CIRCULATING Number of coins that are circulating in the market and in the general public's hands.

HBAR

TOTAL SUPPLY Maximum number of coins that will ever exist.

50B

HBAR

Last metrics update: December 2, 2024 at 11:45 UTC

Decentralized applications

Applications and microservices that use a public ledger provide greater transparency and trust than ever before. This makes entirely new things possible, like a music streaming service paying artists directly or a disintermediated ad network that doesn't require audits. A fairer, more secure, digital future is being decentralized on Hedera. Make it yours.

SEE WHO'S BUILDING

Ecosystem

HBAR is used to pay transaction fees, make payments and micropayments, and protect the network through its proof-of-stake consensus.

Ecosystem

HBAR is used to pay transaction fees, make payments and micropayments, and protect the network through its proof-of-stake consensus.

DEVELOPERS & RETAIL USERS

Developer & retail users can purchase hbars from third-party companies and platforms, such as exchanges, that have chosen to integrate into the ecosystem. Once a user has hbars they can use the cryptocurrency to purchase goods and services, and pay application transaction fees. Those with hbars can stake them to a Hedera network node for a maximum of 6.5% APY. Staking will maintain the security and integrity of Hedera’s network operations, while earning the account a small share of transaction fees.

Applications

Decentralized applications are powered by the Hedera public network. Developer and retail users pay transaction fees in HBAR cryptocurrency for every API call, to reward the network for processing transactions.

EXCHANGES

Exchanges, in some markets, can be used by application developers, end users, and Hedera node operators to buy and sell HBAR cryptocurrency. Hedera does not control which exchanges support hbars.

HEDERA NETWORK

When the Hedera network receives a transaction from an application or user, it validates it, places it into consensus order, and gives it a timestamp. For each transaction, the submitter pays the network a fee that is split between network nodes, the Hedera treasury, and accounts staking HBAR.

NETWORK NODES

Every Hedera mainnet node contributes to consensus and stores a copy of the public ledger’s state. Hedera mainnet nodes submit transactions to the network on behalf of applications and perform network service operations. This has associated costs of bandwidth, compute, and storage, for which the node receives HBAR as compensation. Node operators can sell the HBAR they’ve earned for other cryptocurrencies or FIAT through an exchange.

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Staking

Every node on Hedera’s proof-of-stake network has a weighted influence on consensus — that weight is proportional to the number of hbars staked to a node. Transactions are placed into consensus after they're processed by nodes representing an aggregate stake of over two-thirds of the network’s total supply of hbars. Rewards are split between the node operator and accounts staked to a node, earning the staker a small share of transaction fees.

Stake HBAR

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HBAR FAQ

Found below are some of the most commonly asked questions about Hedera HBAR. Please visit our full FAQ for the entire list of questions.

What is the total supply of HBAR coins?

Hedera has a fixed supply of 50 billion coins.

What are the official HBAR cryptocurrency denominations?

gigabar 1 Gℏ = 1,000,000,000 ℏ
megabar 1 Mℏ = 1,000,000 ℏ
kilobar 1 kℏ = 1,000 ℏ
hbar 1 ℏ = 1 ℏ
millibar 1,000 mℏ = 1 ℏ
microbar 1,000,000 μℏ = 1 ℏ
tinybar 100,000,000 tℏ = 1 ℏ

On which exchanges is HBAR available?

HBAR (ℏ) may be available for purchase by developers and users to build and utilize applications on Hedera. Known exchanges that have listed HBAR can be found on CoinMarketCap.

What does the ℏ symbol represent?

Our Hedera corporate logo is a bold, uppercase HBAR (Ħ), but our currency symbol is a lower case, italicized HBAR (ℏ). The written way to express Hedera cryptocurrency is hbars, and is equivalent to writing US dollars. It can also be expressed as HBAR, which is equivalent to writing USD.

Visit full FAQ