- This stablecoin does not have a price feed available at the moment and we are unable to display peg/depeg rates.
About HAI vaults
Let's Get HAI is used in 9 stablecoin vaults with $424.4K TVL. The largest vaults are HACKEN_FLASH_POOLS_TraderBros_ATOMICA_81, HACKEN_FLASH_POOLS_Valuit_ATOMICA_56, HACKEN_FLASH_POOLS_Unizen_ATOMICA_47.
9 vaults are excluded from this ranking due to minimum TVL requirements or risk issues.
About Let's Get HAI
HAI is a multi-collateral stablecoin built on Optimism, forked from the RAI model. It uses a redemption rate mechanism rather than a hard peg to maintain stability. HAI is governed by the Let's Get HAI community.
HAI is a multi-collateral decentralised stablecoin deployed on Optimism, built as a fork of Reflexer's RAI. The project was initiated by the Reflexer community and developed by DeFi Wonderland with support from SpankChain and Number Group. HAI launched on Optimism mainnet in early 2024 with an airdrop for early participants.
Mechanism
Like RAI, HAI uses a PID (proportional–integral–derivative) controller to adjust a redemption rate rather than hard-pegging to $1. However, HAI's initial price was set to $1 for accessibility. Users open over-collateralised debt positions (CDPs, called "safes") to mint HAI; supported collateral includes ETH, wstETH, rETH, OP, and RAI. The PID controller raises or lowers the redemption rate to incentivise HAI holders and minters to push the market price back toward the redemption price.
Key properties
- Multi-collateral CDP stablecoin on Optimism L2
- Soft peg via PID-controller redemption rate (not a fixed $1 peg)
- Governance token: KITE
- Expands on RAI by supporting multiple collateral types including LSDs and OP
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Performance and risk
The vaults on the listing are limited to the current category. See all vaults.
| 3M price | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
HACKEN_FLASH_POOLS_CratD2C L1_ATOMICA_48 Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | --- | 0.0% | 0.0% | HAI | $45.00K $900.00K | 1.8 | --- | Capped | Unknown | |||
HACKEN_FLASH_POOLS_Unizen_ATOMICA_47 Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | --- | 0.0% | 0.0% | HAI | $52.21K $999.84K | 1.8 | --- | Capped | Unknown | |||
HACKEN_FLASH_POOLS_Galileo Protocol_ATOMICA_42 Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | --- | 0.0% | 0.0% | HAI | $31.50K $315.00K | 1.9 | --- | Capped | Unknown | |||
HACKEN_FLASH_POOLS_Node Terminal_ATOMICA_37 Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | --- | 0.0% | 0.0% | HAI | $20.60K $180.08K | 1.9 | --- | Capped | Unknown | |||
HACKEN_FLASH_POOLS_Valuit_ATOMICA_56 Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | --- | 0.0% | 0.0% | HAI | $58.13K $3.04M | 1.6 | --- | Capped | Unknown | |||
HACKEN_FLASH_POOLS_TraderBros_ATOMICA_81 Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | --- | 0.0% | 0.0% | HAI | $120.00K $652.06K | 0.8 | --- | Capped | Unknown | |||
HACKEN_FLASH_POOLS_CratD2C (dApp)_ATOMICA_44 Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | --- | 0.0% | 0.0% | HAI | $43.40K $195.30K | 1.8 | --- | Capped | Unknown | |||
HACKEN_FLASH_POOLS_Somnia_ATOMICA_71 Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | --- | 0.0% | 0.0% | HAI | $40.35K $4.32M | 1.1 | --- | Capped | Unknown | |||
HACKEN_FLASH_POOLS_Agent - X_ATOMICA_86 Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | --- | 0.0% | 0.0% | HAI | $13.20K $712.42K | 0.6 | --- | Capped | Unknown |
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