Market Data & Token Stats
| Fully Diluted Valuation | $24.10M |
|---|---|
| 24H Trading Volume | $33,741 |
| 24H Low / High | $0.003716 / $0.003912 |
| Circulating Supply | 5.92B |
| Total Supply | 6.42B |
| Max Supply | 6.50B |
Market Health Signals
| Vol / MC Ratio | 0.15% Low |
|---|---|
| Circulating Ratio | 92.14% Very High |
Key Project Information
| Categories | Decentralized Exchange (DEX) 5 more |
|---|---|
| Founder | Jakub Panik 2 more |
| Website | hydration.net |
| Socials | 4 more |
| Explorer | Subscan |
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Hydration (hdx) Expert User Reviews
Is Hydration safe or a scam? Read verified Crypto OG reviews about Hydration
$hdx Markets
| Name | Pair | OG Score |
|---|
About Hydration
HydraDX (HDX) is a decentralized exchange (DEX) and cross-chain liquidity protocol built on Substrate, designed to enable efficient trading and asset gathering into a shared liquidity pool. It operates as a parachain in the Polkadot network, offering interoperability with other networks. HydraDX allows for the trading of Ethereum-based assets and is governed by its liquidity providers, users and validators.
Technology and Features
HydraDX utilizes Substrate to provide a base layer for various financial use cases, including asset exchange. The protocol enables the communication with other networks, allowing Ethereum-based assets to be liquid on HydraDX. HDX, the native token of HydraDX, is used for governance, staking and reducing trading fee costs. HDX holders benefit from a minimized over-collateralization ratio and can earn tokens by providing liquidity, participating in bounties, or receiving payments from the treasury.
Founders and History
HydraDX was founded by Jakub Panik, Mattia Gagliardi and Jakub Gregus. The project was announced in April 2021, with a focus on creating an open and permissionless protocol for decentralized finance (DeFi). The founders have a strong background in blockchain technology and aim to revolutionize the way assets are traded and managed across different blockchains.
HydraDX offers a compelling solution for decentralized trading and asset pooling, with a focus on interoperability and efficiency. The project's use of Substrate and integration with the Polkadot network positions it as a promising player in the DeFi space, providing users with a seamless and cost-effective trading experience.
What is unique about Hydration (HDX)?
HydraDX stands out for its cross-chain liquidity protocol, allowing Ethereum-based assets to be traded on its platform. It offers a shared liquidity pool, reducing trading fees and enabling efficient asset exchange.
Who are the founders of Hydration (HDX)?
The founders of HydraDX are Jakub Panik, Mattia Gagliardi and Jakub Gregus. They have a strong background in blockchain technology and launched the project in April 2021.
Where can I buy Hydration (HDX)?
Kraken, HydraDX
Information in this section carefully collected and curated from publicly available data from official sources, including the Hydration Official Website, Hydration GitHub Repository.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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