Hermetica 2.0: New Look & Real-Time Transparency

We’re excited to share that Hermetica 2.0 is now live.

Hermetica 2.0 reflects the product we set out to build: A stablecoin backed by Bitcoin, yielding from market activity, fully transparent and auditable by anyone. It’s the first real banking experience built on Bitcoin.

Hermetica 2.0 offers:

Let’s review the improvements in Hermetica 2.0.

Redesigned Interface

Hermetica 2.0 is a complete rebuild of the app. Every page, button, and process has been redesigned to make USDh more intuitive.

That includes a faster, simpler buy experience. You can now purchase USDh directly in-app using any Stacks asset, with optimized routing through Bitflow.

Transparency Dashboard

An institutional-grade product needs institutional-grade transparency. Our new transparency dashboard gives you a live view of the system backing USDh.

Track USDh collateral, custodian distribution, and open positions in real time, any time, all within the app.

APY Dashboard

Everything you need to understand USDh yield, now in one place.

Visit the APY dashboard to track protocol APY, sUSDh APY, funding rate trends, weekly yield distribution, and treasury spread.

Want a closer look at your own APY? Track your individual earnings like never before in the improved portfolio page with adjustable timeframes.

Your Portfolio Has a New Look

The Portfolio page has been redesigned to give a clearer view of your position and performance. 

Track your daily, weekly, monthly USDh yield, see historical APY and monitor total returns. We’ve also added a one-click share feature, so you can post your daily USDh income directly to X.

A New Chapter for Hermetica Points

With the launch of Hermetica 2.0 we’re pausing our points program. All points earned during season 0 remain valid and will carry over to future programs.

Why It Matters

Hermetica 2.0 offers the first real banking experience on Bitcoin. USDh is easier to understand, more transparent to track, and more rewarding to use.

Whether you’re holding USDh for its yield, borrowing it against BTC, or simply watching your positions in real time, Hermetica 2.0 offers an experience previously reserved for institutions.

Every change is grounded in the same principles we started with, to build a financial system on Bitcoin. Make it accessible. Make it verifiable.

About Hermetica

Hermetica is the creator of USDh, the first Bitcoin-backed, yield-bearing synthetic dollar designed for Bitcoin-native DeFi. With USDh, you can earn up to 25% APY on your dollars, all within the Bitcoin ecosystem. Our team brings decades of experience from leading crypto companies, including Kraken, to help build the future of Bitcoin finance.