Hydro (HOT) is an open-source protocol that allows developers to create decentralized exchanges or DEXs. This framework aims to provide DeFi developers with a simple platform without the hassles and costs of developing, implementing, and securing smart contracts. Further, traders use the DEX built on the Hydro platform utilizing smart contracts. In a broader sense, the Hydro project comprises a collection of open-access smart contracts and modules for building ERC20 token exchange capability that is efficient, quick, and safe.

According to the official document of the platform, Hydro seeks to make it possible to provide a framework for exchanges to build on through the use of smart contracts. Smart contracts are similar to regular paper contracts but deployed on a blockchain as protocols. The framework emphasizes liquidity; having named it Hydro, this protocol aims to offer frictionless trading. The Hydro smart contracts are also multichain compatible, allowing developers to utilize possibilities across a range of blockchains.

Importantly, the protocol seeks to enable Hydro relayers, which are the DEXs built on the platform, to collect fees as a proportion of the tokens being exchanged without the use of third-party tokens. As a result of this feature, the relayers seek to receive unlimited flexibility with no token holding constraints or token costs. Moreover, the platform states that Hydro aims to enable even established platforms to transfer their liquidity to a decentralized market. Hydro creates single-sided and multi-sided marketplaces for lending protocols, predictions markets, and a variety of other DeFi applications.

The native token of the Hydro protocol is HOT. The platform states that Hydro relayers benefit primarily from trading fees as well as the ‘Hydro protocol economic incentives,’ a voluntary scheme. Thereby, HOT tokens are automatically distributed to relayers who engage in the Hydro economics according to the number of exchanges they make. With regards to the optional incentive structure based on the HOT token, the protocol seeks to allow traders who possess the HOT token to trade at a lesser amount.

Wir aktualisieren unsere Hydro Protocol in der Währung EUR in Echtzeit. Sehen Sie sich den Live-Kurs von Hydro Protocol auf Coinbase an.

Die aktuelle Marktkapitalisierung von Hydro Protocol beträgt 0,00 €. Eine hohe Marktkapitalisierung bedeutet, dass der Markt ein Asset hoch bewertet.

Das Hydro Protocol-Allzeithoch beträgt 0,25 €. Dieses Allzeithoch stellt den höchsten Preis dar, der seit dem Lauch von Hydro Protocol jemals gezahlt wurde.

In den letzten 24 Stunden betrug das Handelsvolumen von Hydro Protocol 333.228,67 €.

Zu den Kryptos mit einer vergleichbaren Marktkapitalisierung wie Hydro Protocol zählen Novastro, FUCK THE MATRIX, WPAY und viele andere. Eine vollständige Liste finden Sie bei den Kryptos mit vergleichbarer Marktkapitalisierung.

Das derzeit zirkulierende Angebot an Hydro Protocol beträgt 0.