What is TOKENIZED BNY MELLON GLOBAL SHORT-DATED HIGH YIELD BOND FUND(HYBOND)?

Basic information about HYBOND

Coin name:

Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund

Coin symbol:

Coin introduction:

HYBOND is a tokenized bond fund issued by OpenEden Digital Limited, a Bermuda entity licensed by the Bermuda Monetary Authority under the Digital Asset Business Act. The token provides on-chain exposure to BNY Investments' Global Short-Dated High Yield Bond Fund, an actively managed portfolio of short-dated, higher-yielding corporate bonds. HYBOND is issued as an ERC-20 token on Ethereum and BNB Chain, with each token tracking the underlying fund's daily net asset value. Eligible investors subscribe and redeem using USDC through OpenEden's application. Access is permissioned, meaning wallets must complete KYC verification and be whitelisted before they can hold, receive, or transfer the token.

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Current Price:

$1.73More coin details

All-time high:

$1.74

All-time low:

$1.73

HYBOND Supply Info and Tokenomics

Circulating supply:

Total supply:

Max supply:

Market cap:

$2.834M

Fully diluted valuation:

$2.834M

What is the outlook and future value of HYBOND?

The current market cap of HYBOND is $2.834M, ranked 2448 in the market, showing that the market already recognizes the value of HYBOND. When a bull market arrives, the market cap of HYBOND may continue to grow.

Moreover, if HYBOND can play a greater role in real-world applications—such as if the Monero developers can fully empower HYBOND and establish partnerships with more business partners to expand its user base—then the long-term value of HYBOND will be further enhanced.

What is the price of HYBOND in 2027?

According to the historical price performance prediction model of HYBOND, the price of HYBOND is expected to reach $1.8165 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get HYBOND?

Purchasing HYBOND with cash is not the only way to obtain HYBOND. If you have enough time, you can get HYBOND for free.

Learn how to get Hot rewards for free with HYBOND.

Earn free HYBOND by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get HYBOND airdrops for free.

All crypto airdrops and rewards can be exchanged for HYBOND through LBank spot trading.

Buy HYBOND starting from $1

What is HYBOND used for and how to use it?

The use cases for HYBOND may grow with the development of the crypto market and project progress. Currently, you can use HYBOND to:

Arbitrage trading of HYBOND

HYBOND is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many HYBOND trading pairs to suit your needs.

Earn yield with HYBOND

You can also lend out HYBOND or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your HYBOND gains.

Send or pay with HYBOND

If you want to pay someone with HYBOND, you can easily and quickly send HYBOND to them using their receiving address.

You can also visit the official website of Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund to learn more use cases of HYBOND, such as whether the Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund project supports community/eco apps or buying physical or virtual goods with HYBOND.