Hug ($HUG) is a meme coin launched on the Radix network by the community. Their mission is to bring peace and happiness to everyone.
In memoriam
HUG was founded and led by a community member known as Zombie (@zombieXRD). In 2026 the Radix community mourned his passing. He is remembered for creating HUG – a deliberately feel-good, fair-launched meme coin that grew into one of the largest community tokens on Radix by market capitalisation – and for remaining a warm and well-liked presence across the ecosystem’s meme-coin community, where members have paid tribute to him.
Status
HUG is dormant. The project’s website, hug.meme, no longer resolves, and most of the planned features in its original roadmap (below) were never delivered. The $HUG token itself remains live on-ledger – a fixed supply of 100 billion, with minting, burning, freezing and recall all permanently denied – and can still be held and traded on Radix DEXs such as Ociswap and CaviarNine.
How to buy $HUG
Ociswap - https://ociswap.com/
Caviarnine - https://www.caviarnine.com
Roadmap (historical)
The community’s original roadmap is preserved below for reference. As the project went dormant, most of the “coming soon” items were never delivered.
Token launch / DEX listings (complete)
$HUG token was fairly launched on the 30th of December 2023 on Ociswap and then Caviarnine. No presale, no ICO, same price for all.
Website launch (complete)
Every self-respecting meme should have its own website. Now it's done with this great place where the $hug fam can find all the info they need about the project.
Coingecko listings
Because our mission is to hug the world, the world needs to find $HUG.
HUGfunding (coming soon)
A decentralized protocol that allows users to contribute to an NFT fundraiser. If the fund goal is met the funds are locked and sent to the desired recipient. If the goal is not met funds are redistributed back to the original funders.
Hug bot (coming soon)
We believe not only that everyone needs a hug, but that everyone should give a hug. Even robots. That’s why we want to program one that can be used to give hugs in an efficient and friendly way on telegram. Beep boop.
Proof-of-Hug
Our unique, and never before seen distribution method. Community members and people of the world alike will be rewarded for simply deserving a hug. It’s truly a revolution.
HalveHUGgening
The amount of HUG distrubuted will be cut by 50% each year. Although the number of yearly hugs being distributed will decrease, it’s rumored that each one will be jam packed with more love too. Wow. Much Hug. So love.
NFT Collection
While we are not ready to publicly announce any of the details about our NFT collection, one thing has been made abundantly clear. Our community demands cute and cuddly NFTs; and they hug really hard. We are scared of them.
Hug tales
A collaborative story project, about the origins and life of HUG
Hug the world ❤️
There’s a great big world out there, and our goal is to HUG and help as many people as we possibly can.
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Much more to come...
As the project is young and driven by the community, much more features and phases are planned (marketing, listings ...) but not indicated on the roadmap. Please note that the roadmap is subject to change.
Collateral in the Weft exploit
On 30 August 2026 HUG was the collateral in the largest exploit yet recorded on Radix. At 18:02:58 UTC a single transaction bought 539,703.17 HUG for 70.6 XRD on Ociswap, posted it as collateral at Weft Finance, and borrowed 47,280,000 LSULP and 13,100,500 XRD against it. Weft’s price feed carried HUG at 1,330.41 XRD a token at that moment, about ten million times the rate the same transaction had just paid, so the borrow cleared the protocol’s health check on arithmetic that was correct and an input that was not.
The token itself did nothing. HUG has been a listed collateral resource on Weft since November 2024, and its Add collateral service there was switched off and locked on 6 June 2025 – 451 days before the exploit – while the neighbouring FlashOperation service stayed open, which is the route the transaction used. The full reading is on the Weft Finance page.
Since the 00:15:00 UTC batch on 31 August, Weft’s Default PriceFeed has published HUG at 0.0000000001 XRD, alongside nine other Radix-native tokens.
The scale of the mispricing is easiest to see against the token’s real market. Read from the Ociswap API at 03:17 UTC on 31 August 2026, HUG traded at 0.00012752730451 XRD ($0.000000105), with about $1,258 of pooled liquidity across its Ociswap pools and $11.50 of volume in the preceding 24 hours. Its on-ledger facts are unchanged: a fixed supply of 100,000,000,000 HUG at divisibility 18, read at mainnet epoch 339,680.