Hydra is a business-focused cryptocurrency with a flexible supply, enabling applications in DeFi, gaming, and more via smart contracts.
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Hydra is a blockchain project focused on business applications, addressing the “Total Supply Problem”. It features the Proof-of-State Hydra blockchain and the HYDRA token. While primarily targeting enterprise use cases, developers can build applications across sectors like DeFi, travel, gaming, and more on the Hydra platform. The project employs innovative mechanisms that combine inflationary and deflationary economic models, allowing the total maximum supply of HYDRA to fluctuate based on network needs. This dynamic supply can increase or decrease through controlled inflation or deflation, with the ability to burn up to 100% of transaction fees at the protocol level to induce deflation or mint new tokens for inflation. The direction and extent of supply adjustments are governed by coin ho...
As of now, Hydra is trading at 0.2024 USD, with a 24-hour trading volume of approximately 1.63K USD. The HYDRA to USD price is updated in real time. Over the past 24 hours, Hydra has increased by 1.5%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 4.04M USD. Currently, there are 19 953 054.02 HYDRA in circulation out of a maximum supply of 33 478 924.257294 HYDRA.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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