Hubble Protocol has launched a Peg Stability Module (PSM) to tighten USDH’s peg, creating risk-free arbitrage opportunities for users

Hubble’s Peg Stability Module (PSM) has finally launched after months of development and testing. The PSM will allow users to instantly arbitrage USDH for a profit whenever it rises above peg or dips below, and it’s an important addition to the development of USDH.

The PSM model has worked wonders for MakerDAO’s DAI peg, and it’s a mechanism that will help ensure USDH can defend its parity with the dollar. As USDH increases its use cases across Solana DeFi, maintaining a stable peg becomes more important than ever.

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