Hydration HDX token
Overview
Hydration is a decentralized exchange (DEX) and liquidity protocol built on the Polkadot network. It uses an Omnipool design where all assets share a single liquidity pool to reduce impermanent loss. The HDX token is the native utility token of the protocol, used for governance, staking, and fee discounts.
Within the DeFi Intel graph, Hydration HDX connects to 2 tracked entities, most strongly to Hydrated Dollar, Polkadot.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
backed_by | Hydrated Dollar | 90% |
deployed_on | Polkadot | 85% |
Frequently asked questions
What is Hydration?
Hydration is a decentralized exchange (DEX) and liquidity protocol built on the Polkadot network, using an Omnipool design where all assets share a single liquidity pool to reduce impermanent loss.
What is the HDX token used for?
The HDX token is the native utility token of the Hydration protocol, used for governance, staking, and fee discounts.
What chain does Hydration run on?
Hydration is deployed on the Polkadot network.