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.

我们实时将 Hydro Protocol 更新为 USD 货币。通过 Coinbase 获取最新 Hydro Protocol 价格。

Hydro Protocol的当前市值为 US$0.00。高市值意味着该资产在市场上的价值很高。

Hydro Protocol的历史最高价位是 US$0.29。这是Hydro Protocol自推出以来的最高价格。

在过去 24 小时内，Hydro Protocol的交易量为 US$17.619万。

与Hydro Protocol具有相似市值的资产包括mETH Protocol, Quorium, Eagle AI和许多其他资产。要查看完整列表，请参阅我们的可比市值资产。

Hydro Protocol的当前流通供应量是 0。