The current real-time price of PHT is $0.0169. In the past 24 hours, PHT has traded between $0.0168 and $0.0170, showing strong market activity. The all-time high of PHT is $0.0181, and the all-time low is $0.0161.
From a short-term perspective, the price change of PHT over the past 1 hour is , over the past 24 hours is +0.35%, and over the past 7 days is -0.29%. These figures provide a quick overview of the latest price trends and market dynamics of PHT on LBank.+0.36%
The live price of PHT today is $0.0169, with a current market cap of $3.814M. The 24-hour trading volume is 217.1838642148992. The price of PHT to USD is updated in real time.
Before deciding whether to buy or sell PHT, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s PHT technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for PHT.
How much will PHT be worth tomorrow, next week, or next month in ? What about your PHT assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! PHT Price Prediction
To learn more about PHT, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x2cc6...8112cd  | 162.308M | 68.49% |
ethereum | 0x567a...667bd2 | 56.473M | 23.83% |
polygon-pos | 0x51e3...bc75e0 | 7.993M | 3.37% |
ethereum | 0x1500...b78f83 | 6.207M | 2.62% |
polygon-pos | 0xbfb7...84da08 | 2.592M | 1.09% |
Other | 1.421M | 0.6% |
PHT, also known as the Philippines Token, is a decentralized, overcollateralized stablecoin pegged 1:1 to the Philippine Peso (PHP). Managed by the APACX ecosystem, it is designed specifically for the Southeast Asian market. Its primary functions include facilitating fast, low-cost remittances, programmable settlements, and on-chain payments. As a multi-chain token, it operates on Ethereum, Polygon, and Tron, offering a digital alternative for cross-border finance and regional commerce.
PHT maintains its stability through an overcollateralization model. To mint PHT, users must lock more than 100% of the value in other crypto assets, such as USDC or USDT. The protocol utilizes Chainlink price oracles to monitor the PHP/USD exchange rate in real-time. If the collateral-to-debt ratio falls below a specific threshold (e.g., 120%), a liquidation engine is triggered to sell the collateral and ensure the system remains solvent, protecting the 1:1 peg.
Users can earn rewards by staking PHT in Stability Pools, which act as a liquidity source to absorb liquidated debt. In return, stakers earn Stability Fees and other protocol rewards. It is important to note that these rewards do not compound automatically. According to community guidelines, users must manually claim their rewards and redeposit them if they wish to compound their earnings over time.
vePHT, or vote-escrowed PHT, is the governance version of the token. Users receive vePHT by locking their PHT tokens for a specific period. Holding vePHT grants voting power, allowing users to participate in decentralized decision-making regarding protocol parameters. This includes deciding on fee structures and reward allocations, ensuring that the community has a say in the long-term direction of the APACX infrastructure.
PHT is a multi-chain asset currently available on the Ethereum, Polygon (POS), and Tron blockchains. For those looking to trade the token, it is available on major exchanges such as LBank, where it is primarily paired against USDT. Additionally, it can be converted to fiat currency through various partner platforms, OTC desks, or by trading for other stablecoins on supported exchange platforms.
The primary risks include liquidation risk for those minting the token and smart contract risk for all participants. If collateral value drops faster than the system can liquidate, a de-peg could occur. To mitigate technical risks, PHT’s smart contracts have undergone security audits. Users should always use official contract addresses for Ethereum (0xbe37...), Polygon (0xe752...), and Tron (TXdN5...) to avoid scams and ensure they are interacting with the legitimate protocol.
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