What is Hedera (HBAR)?
RANK #31An enterprise-focused distributed ledger using hashgraph consensus.
Hedera market stats
Hedera at a glance
- Ticker
- HBAR
- Launched
- 2019
- Category
- Enterprise DLT
- Consensus
- Hashgraph (aBFT)
- Governance
- Hedera Council
- Max supply
- 50,000,000,000 HBAR
Categories: Smart Contract Platform · Layer 1 (L1) · Hedera Ecosystem · GMCI Layer 1 Index · GMCI 30 Index · GMCI Index
How Hedera works
Hedera (HBAR) is an enterprise-grade distributed ledger that uses hashgraph consensus rather than a traditional blockchain, aiming for high throughput, low fees and fast finality. It is governed by a council of major organisations.
HBAR is used to pay network fees, secure the network through staking and power applications. Hedera positions itself for enterprise and regulated use cases.
Hedera uses the hashgraph algorithm, a form of asynchronous Byzantine fault-tolerant consensus, which lets nodes agree on transaction order quickly and efficiently without mining.
The network is governed by the Hedera Council — a group of well-known enterprises and institutions that run nodes and oversee the platform.
What moves the HBAR price?
- Enterprise adoption and real-world use cases.
- Network activity and ecosystem growth.
- Council developments and tokenomics.
- The broader market cycle.
What HBAR is used for
- Paying network transaction and service fees.
- Staking to help secure the network.
- Powering enterprise and consumer applications.
Hedera FAQ
What is Hedera (HBAR)?
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Hedera is an enterprise-focused distributed ledger that uses hashgraph consensus for fast, low-cost transactions, governed by a council of major organisations. HBAR is its native token.
What is hashgraph?
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Hashgraph is a consensus algorithm — an alternative to traditional blockchains — that achieves fast, energy-efficient agreement on transaction order.
What is HBAR used for?
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HBAR pays network fees, is staked to secure the network, and powers applications built on Hedera.
How do I buy Hedera (HBAR)?
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HBAR is available on most major exchanges and compatible wallets. See our ratings for vetted options.
This page is information, not financial advice. Prices come from CoinGecko; the text is written and checked by our desk. See our editorial policy.