What is Hydranet?

Hydranet

#1931
$HDN

What is Hydranet (HDN)? Hydranet is a Decentralized Autonomous Organization building the Hydranet DEX, a Layer 3 trading platform that brings together the worlds of Bitcoin and Ethereum using Layer 2 off-chain protocols such ... Read more

What is Hydranet (HDN)? Hydranet is a Decentralized Autonomous Organization building the Hydranet DEX, a Layer 3 trading platform that brings together the worlds of Bitcoin and Ethereum using Layer 2 off-chain protocols such as the Lightning Network and the Connext Vector Network. Hydranet’s novel exchange technology allows users to trade seamlessly between Bitcoin and EVM-based blockchains without relinquishing custody of their funds, with near instant settlement times, and for low costs.  The Hydranet DEX includes a limit order book, which is hosted by the Hydranet Network, and a built-in multi-currency light wallet that allows users to store both BTC and EVM-based assets. Trades on the Hydranet DEX are executed off-chain, fully peer-to-peer, and are secured using hashed timelock contracts meaning either both peers or no peer receives the agreed upon funds. Since Layer 2 off-chain protocols are scaling solutions for Layer 1 blockchains, users will always remain in full custody of their private keys.  Hydranet released the first version of the Hydranet DEX on the 23rd of September 2023. This version is delivered as a downloadable desktop client and offers a user-friendly interface, seamless trading experience, and robust security features. Hydranet is actively working on an upgraded version of their DEX, a platform agnostic web version which will be readily available from the browser. The web version will inherit all the commendable components of its desktop counterpart as well as Hydranet’s in-house EVM off-chain protocol, Lithium.  What powers the Hydranet DEX?  The Hydranet DEX is powered by the Hydranet Network, an infrastructure overseen by two distinct actors: TItans and Guardians. Titans take on the responsibility of ensuring the network’s continuous operation. They achieve this by hosting the exchange’s limit order book, offering rental liquidity, and acting as a matchmaking engine between trading peers. Guardians, on the other hand, take on the responsibility of upholding the network’s integrity. They actively monitor the behavior of both traders and Titans to ensure that they comply with the network’s rules, and take appropriate measures to penalize those who violate these rules.  Both Titans and Guardians require a collateral in the form of HDN to participate in their respective roles. In return for their services, they become eligible to receive a share of the trading fees generated by the Hydranet DEX. What makes Hydranet Unique? Hydranet effectively addresses the critical challenges associated with self-custody, transaction times, transaction costs, and scalability. When it comes to decentralized trading directly on the blockchain, using Automated Market Makers (AMMs) is a popular choice for trustless trading. However, it often comes with the drawback of high blockchain fees and prolonged transaction times due to the scalability limitations of many blockchain networks. As an alternative, traders can opt for centralized exchanges, which often offer user-friendly interfaces, fast transaction times and low trading fees. The convenience they provide, unfortunately, comes at the cost of relinquishing custody of user funds and leaving them entirely in the hands of the centralized exchanges to do whatever they want with. This issue has been exemplified by the FTX incident, which is reported to have negatively impacted over 1 million crypto users.  Unlike today’s centralized and decentralized exchanges, the Hydranet DEX offers a unique solution to the challenges previously presented. First and foremost, the Hydranet DEX operates on a trustless basis, meaning users always retain control of their funds, eliminating the risks associated with third-parties. Moreover, the Hydranet DEX leverages off-chain technologies to enhance transaction times and reduce costs significantly. By keeping the transaction process off the main blockchains, trades are executed near-instantly and for minimal fees, even cross-chain, in contrast to the high fees and slow transaction times experienced using many decentralized exchanges operating directly on the blockchain. Lastly, when it comes to scalability, the Hydranet DEX is designed to scale indefinitely. A key element for this is Hydranet’s decentralized execution of trades. Unlike conventional solutions, where a centralized entity typically executes the trade, in the Hydranet DEX, the trade execution is distributed among the trading peers themselves. The Hydranet Network assists in matching trading peers but leaves the rest in the hands of the peers to automatically execute the trade without user intervention. 

24H Price

$0.021684

4.94%

Explore Hydranet

C 60
Follower
32.93K (#1877)
0.62% 7D
Activity
3/100
3% 7D
Sentiment
Neutral
Follower
1.28K (#2414)
0.77% 7D
Activity
3/100
3% 7D
Sentiment
Neutral
Follower
6.35K (#762)
0.08% 7D
Activity
3/100
3% 7D
Sentiment
Neutral
Follower
73 (#869)
0% 7D
Activity
0/100
3% 7D
Sentiment
Neutral
Follower
2.83K (#1748)
0.25% 7D
Activity
3/100
3% 7D
Sentiment
Neutral
Follower
3.89K (#2041)
0.03% 7D
Activity
0/100
3% 7D
Sentiment
Neutral

📉 Losing Followers

The project is losing followers.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Overview

Market Cap

$1.94T

4.94%
Large Cap

Price

$1.94T

4.94%
Stable

Volume

$1.94T

4.94%
Highest

Community

$1.94T

4.94%
Rapid Growth

Marketing Activity

5/10

4.94%
High

Developer Activity

3/10

4.94%
Low
Development 24h 7d 14d 30d
Price 4.94% 4.11% 7.86% 5.26%
Follower 0% 0.62% 1.43% 2.07%

Coin Info

FDY
$2.09T
Total Supply
$21.00M
Max Supply
$21.00M
Circulating Supply
$19.79M

All-Time High
All-Time Low

$0.021684

4.94%

$0.021684

4.94%
Dec 05 2024
Dec 05 2024
C 60
Follower
32.93K (#1877)
0.62% 7D
Activity
3/100
3% 7D
Sentiment
Neutral
Follower
1.28K (#2414)
0.77% 7D
Activity
3/100
3% 7D
Sentiment
Neutral
Follower
6.35K (#762)
0.08% 7D
Activity
3/100
3% 7D
Sentiment
Neutral
Follower
73 (#869)
0% 7D
Activity
0/100
3% 7D
Sentiment
Neutral
Follower
2.83K (#1748)
0.25% 7D
Activity
3/100
3% 7D
Sentiment
Neutral
Follower
3.89K (#2041)
0.03% 7D
Activity
0/100
3% 7D
Sentiment
Neutral

📉 Losing Followers

The project is losing followers.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Channels

Twitter @TheHydranet
#2030
Follower
18,509
0.03%
Discord @Hydranet
#762
Follower
6,350
0.03%
CoinMarketcap @Hydranet
#2041
Follower
3,887
0.03%
Coingecko @Hydranet (HDN)
#1748
Follower
2,828
0.03%
Telegram @hydranetofficial
#2414
Follower
1,281
0.03%
Reddit @hydranet
#869
Follower
73
0.03%

Daily Social Panel

@hydranetofficial

2024-07-26 08:17
Hi. I can build website & smart contract and bots mainly for meme coins and dApps. Let me know if an... Hi. I can build website & smart contract and bots mainly for meme coins and dApps. Let me know if anyone needs.

1
Score 0

Key Events

12 Nov, 2024 - 12:30PM

Avalanche x Supabase

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Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact
12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact
12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact

Never miss any event.

Hydranet

#1931
$HDN

What is Hydranet (HDN)? Hydranet is a Decentralized Autonomous Organization building the Hydranet DEX, a Layer 3 trading platform that brings together the worlds of Bitcoin and Ethereum using Layer 2 off-chain protocols such ... Read more

What is Hydranet (HDN)? Hydranet is a Decentralized Autonomous Organization building the Hydranet DEX, a Layer 3 trading platform that brings together the worlds of Bitcoin and Ethereum using Layer 2 off-chain protocols such as the Lightning Network and the Connext Vector Network. Hydranet’s novel exchange technology allows users to trade seamlessly between Bitcoin and EVM-based blockchains without relinquishing custody of their funds, with near instant settlement times, and for low costs.  The Hydranet DEX includes a limit order book, which is hosted by the Hydranet Network, and a built-in multi-currency light wallet that allows users to store both BTC and EVM-based assets. Trades on the Hydranet DEX are executed off-chain, fully peer-to-peer, and are secured using hashed timelock contracts meaning either both peers or no peer receives the agreed upon funds. Since Layer 2 off-chain protocols are scaling solutions for Layer 1 blockchains, users will always remain in full custody of their private keys.  Hydranet released the first version of the Hydranet DEX on the 23rd of September 2023. This version is delivered as a downloadable desktop client and offers a user-friendly interface, seamless trading experience, and robust security features. Hydranet is actively working on an upgraded version of their DEX, a platform agnostic web version which will be readily available from the browser. The web version will inherit all the commendable components of its desktop counterpart as well as Hydranet’s in-house EVM off-chain protocol, Lithium.  What powers the Hydranet DEX?  The Hydranet DEX is powered by the Hydranet Network, an infrastructure overseen by two distinct actors: TItans and Guardians. Titans take on the responsibility of ensuring the network’s continuous operation. They achieve this by hosting the exchange’s limit order book, offering rental liquidity, and acting as a matchmaking engine between trading peers. Guardians, on the other hand, take on the responsibility of upholding the network’s integrity. They actively monitor the behavior of both traders and Titans to ensure that they comply with the network’s rules, and take appropriate measures to penalize those who violate these rules.  Both Titans and Guardians require a collateral in the form of HDN to participate in their respective roles. In return for their services, they become eligible to receive a share of the trading fees generated by the Hydranet DEX. What makes Hydranet Unique? Hydranet effectively addresses the critical challenges associated with self-custody, transaction times, transaction costs, and scalability. When it comes to decentralized trading directly on the blockchain, using Automated Market Makers (AMMs) is a popular choice for trustless trading. However, it often comes with the drawback of high blockchain fees and prolonged transaction times due to the scalability limitations of many blockchain networks. As an alternative, traders can opt for centralized exchanges, which often offer user-friendly interfaces, fast transaction times and low trading fees. The convenience they provide, unfortunately, comes at the cost of relinquishing custody of user funds and leaving them entirely in the hands of the centralized exchanges to do whatever they want with. This issue has been exemplified by the FTX incident, which is reported to have negatively impacted over 1 million crypto users.  Unlike today’s centralized and decentralized exchanges, the Hydranet DEX offers a unique solution to the challenges previously presented. First and foremost, the Hydranet DEX operates on a trustless basis, meaning users always retain control of their funds, eliminating the risks associated with third-parties. Moreover, the Hydranet DEX leverages off-chain technologies to enhance transaction times and reduce costs significantly. By keeping the transaction process off the main blockchains, trades are executed near-instantly and for minimal fees, even cross-chain, in contrast to the high fees and slow transaction times experienced using many decentralized exchanges operating directly on the blockchain. Lastly, when it comes to scalability, the Hydranet DEX is designed to scale indefinitely. A key element for this is Hydranet’s decentralized execution of trades. Unlike conventional solutions, where a centralized entity typically executes the trade, in the Hydranet DEX, the trade execution is distributed among the trading peers themselves. The Hydranet Network assists in matching trading peers but leaves the rest in the hands of the peers to automatically execute the trade without user intervention. 

24H Price

$0.021684

4.94%

Explore Hydranet

C 60
Follower
32.93K (#1877)
0.62% 7D
Activity
3/100
3% 7D
Sentiment
Neutral
Follower
1.28K (#2414)
0.77% 7D
Activity
3/100
3% 7D
Sentiment
Neutral
Follower
6.35K (#762)
0.08% 7D
Activity
3/100
3% 7D
Sentiment
Neutral
Follower
73 (#869)
0% 7D
Activity
0/100
3% 7D
Sentiment
Neutral
Follower
2.83K (#1748)
0.25% 7D
Activity
3/100
3% 7D
Sentiment
Neutral
Follower
3.89K (#2041)
0.03% 7D
Activity
0/100
3% 7D
Sentiment
Neutral

📉 Losing Followers

The project is losing followers.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Coin Info

FDY
$2.09T
Total Supply
$21.00M
Max Supply
$21.00M
Circulating Supply
$19.79M

All-Time High
All-Time Low

$0.021684

4.94%

$0.021684

4.94%
Dec 05 2024
Dec 05 2024

Overview

Market Cap

$1.94T

4.94%
Large Cap

Price

$1.94T

4.94%
Stable

Volume

$1.94T

4.94%
Highest

Community

$1.94T

4.94%
Rapid Growth

Marketing Activity

5/10

4.94%
High

Developer Activity

3/10

4.94%
Low
Development 24h 7d 14d 30d
Price 4.94% 4.11% 7.86% 5.26%
Follower 0% 0.62% 1.43% 2.07%

Key Events

12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact
12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact
12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact

Never miss any event.

Frequently Asked Questions

Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.” Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time. However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features. Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others.

1) Coindive is your ultimate guide to navigating the vast and enigmatic ocean of cryptocurrencies. Like the ever-changing seas, the crypto market is often turbulent, unpredictable, and brimming with uncharted territories. It can be stormy, tranquil, crystal-clear, or shrouded in murkiness, but beneath the surface lies a captivating world of hidden gems and treasures.

2) At Coindive, we believe that the deeper you delve into the crypto realm, the more you'll uncover its inherent beauty, serenity, and potential. Our dedicated community and advanced market tracking tools will help you chart a course through the wild waves and currents of the digital currency landscape, ensuring that you remain informed and equipped to make the best decisions possible.

Coindive tracks over 8,163 channels daily across Discord, Telegram, Twitter, Reddit, CoinMarketCap and Coingecko to collect data like follower counts, every text based data and every form of reactions to evaluate the attributes of the community by our unique metrics. Find out more about each metric in the section “Metrics” below.

Coindive offers a dashboard with top-performing coin metrics and recent trends, as well as a rankings page to explore the top 3000 cryptocurrencies based on various metrics. Its keyword explorer helps users identify coins related to specific trends, events, or discussions, while the coin pages offer in-depth analysis of individual cryptocurrencies' community and market data. Users can create a watchlist to monitor their favorite coins closely and receive customized alerts tailored to their investment interests. Coindive's personalized Watchlist Summary Report is AI-based and tailored to each user's knowledge level. Coindive alerts users whenever something unusual happens within the community or market, allowing for proactive portfolio management.

Coindive's target audience includes crypto investors of all types who want to stay informed about their investments, save time while keeping track of their portfolio, and consider community strengths as decision-making characteristics of their investments. The platform is designed for users who wish to quickly assess the performance of various cryptocurrencies, monitor significant events, and evaluate the overall health of communities behind different coins. Coindive caters to both long-term and short-term investors, offering valuable insights for effective decision-makin

Coindive offers a comprehensive free package with access to all of its features with just some limitations compared to the higher tier packages. A Premium Plan is available for users who want to access more alerts and additional benefits like ad-free experience and faster data refresh rates.

Daily Social Panel

@hydranetofficial

2024-07-26 08:17
Hi. I can build website & smart contract and bots mainly for meme coins and dApps. Let me know if an... Hi. I can build website & smart contract and bots mainly for meme coins and dApps. Let me know if anyone needs.

1
Score 0

Channels

Twitter @TheHydranet
#2030
Follower
18,509
0.03%
Discord @Hydranet
#762
Follower
6,350
0.03%
CoinMarketcap @Hydranet
#2041
Follower
3,887
0.03%
Coingecko @Hydranet (HDN)
#1748
Follower
2,828
0.03%
Telegram @hydranetofficial
#2414
Follower
1,281
0.03%
Reddit @hydranet
#869
Follower
73
0.03%