Hydranet and HDX facilitate Bitcoin and DeFi integration.
Hydranet DAO bridges Bitcoin and DeFi using Layer 3 protocols, with HDX token powering liquidity, staking, governance, and the Layer 3 DEX.
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What is Hydranet (HDN)?
Hydranet DAO is dedicated to integrating Bitcoin into the DeFi ecosystem, enabling seamless communication between fundamentally incompatible decentralized crypto networks like Bitcoin and Ethereum. This is accomplished through a Layer 3 abstraction featuring EVM-compatible smart contracts and state channels, as well as off-chain protocols based on Bitcoin/UTXO such as the Lightning Network. HDX is an Arbitrum-based token employing the (3,3) Protocol-owned Liquidity model pioneered by OlympusDAO. HDX tokens are earned by bonding funds to enhance the protocol’s liquidity and by staking to help maintain network security. Additionally, HDX serves as the native token of our Layer 3 decentralized exchange (DEX), earning from trading fees and DeFi services. As the utility and governance token of ...
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Hydranet price live information
As of now, Hydranet is trading at 0.040772 USD, with a 24-hour trading volume of approximately 0 USD. The HDN to USD price is updated in real time. Over the past 24 hours, Hydranet has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 7.32M USD. Currently, there are 179 625 245 HDN in circulation out of a maximum supply of 300 000 000 HDN.
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