HBAR (ℏ)

Incredibly fast. Predictably low fees. Instant finality.

Dual role of HBAR

HBAR is the native cryptocurrency of the Hedera public network. Hbars are used to power decentralized applications, build peer-to-peer payment and micropayment business models, and protect the network from malicious actors.
Network fuel

Developers use hbars to pay for network services, such as running a smart contract, storing a file, or transferring cryptocurrency. For each transaction submitted to the network, hbars are used to compensate network nodes for bandwidth, compute, and storage.

Developers can incorporate hbars into applications to facilitate peer-to-peer payments and micropayment (<$0.01) business models.

Network protection

Hedera’s proof-of-stake public network uses hbars, which are staked or proxy staked (coming soon) to a network node, to weight votes on transactions when reaching consensus.

Weighted voting with hbars makes it difficult and expensive for a bad actor to maliciously affect consensus — it would require them to own and stake over one-third of the network’s total supply of cryptocurrency, which will not be possible for the first 5 years.

The HBAR advantage

Incredibly high 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 HBAR is a practical reality.
Instant finality
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.

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 instant finality, Hedera leads the way for the future of public ledgers.

Transactions
per second

average
fee

transaction
confirmation

1st
Generation

Bitcoin

BTC

3+

TPS

$0.20

usd2

10-60

minutes

2nd
Generation

Ethereum

ETH

12+

TPS

$0.13

usd3

10-20

seconds

3rd
Generation

Hedera

HBAR

10,000+

TPS1

$0.0001

usd

3-5

Seconds

(w/finality)

1. Cryptocurrency transactions. For Hedera, range shown for transactions not requiring a transaction record, but can receive a transaction receipt.

2. Avg. Bitcoin tx fee from 9/26/18 - 3/26/19 from https://bitcoinfees.info/

3. Avg. Ethereum tx fee from 9/26/18 - 3/26/19 from https://blockchair.com/ethereum/charts/average-transaction-fee-usd/

HBAR ecosystem

HBAR is used to power decentralized applications, enable payments and micropayments, reward nodes for compute and storage, and protect the network from malicious actors. Hover over or tap on any component of the HBAR ecosystem to learn more.

HBAR ecosystem

HBAR is used to power decentralized applications, enable payments and micropayments, reward nodes for compute and storage, and protect the network from malicious actors. Hover over or tap on any component of the HBAR ecosystem to learn more.
End users and proxy stakers
Developers and end 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 proxy stake (coming soon) them to a Hedera network node — proxy staking will maintain the security and integrity of Hedera’s network operations, while earning the proxy staker a small share of transaction fees.
Applications
Applications run on the Hedera public network. Developers pay transaction fees in HBAR cryptocurrency for each 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, it validates it, places it into consensus order, and gives it a timestamp. For each transaction, the submitting application pays the network a fee that is split between network nodes, the Hedera treasury, and HBAR proxy stakers (coming soon)..
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.

Proxy staking (coming soon)

Every node on Hedera’s proof-of-stake network has a weighted influence on consensus — that weight is proportional to the amount of hbars staked to a node. Proxy staking allows those who own hbars, but aren’t operating a node, to stake their hbars to someone else’s node. Earnings are split between the node operator and owners of the proxy staked hbars, earning the proxy staker a small share of transaction fees. When proxy staked, hbars are not locked-up or bonded, as is common in other networks, and proxy stakers retain the ability to transact their HBAR however they'd like.

HBAR FAQ

Found below are some of the most commonly asked questions about Hedera API fees. 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?

Hedera expects to begin releasing tokens to SAFT investors by the end of summer (US) 2019. Hedera does not control whether its token will be on exchanges, but we anticipate that Hedera tokens are likely to be traded on exchanges at some point in 2019.

What does the ℏ symbol represent?

Our Hedera Hashgraph 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.