Hydration

Hydration is a Layer 1 blockchain and decentralized exchange protocol built within the Polkadot ecosystem, designed to make on-chain liquidity more efficient for traders and liquidity providers. It aims to address the fragmentation and high slippage that often affect decentralized trading by concentrating liquidity in a single omnipool rather than spreading it across many isolated pools. The HDX token is the native asset of this network.

Hydration operates as a parachain within the Polkadot ecosystem, meaning it relies on Polkadot's shared security and cross-chain messaging infrastructure rather than running its own independent validator set. The HDX token is used for governance, network fees, and incentivizing participation within the protocol. The stored data does not include a confirmed consensus algorithm or block time, so those specifics cannot be stated here.

The protocol recorded 22.00 USD in fees over the trailing 24 hours, the trailing 7 days, and the trailing 30 days, suggesting fee generation has been essentially flat over the near term, though the 30-day fee growth figure of 100 percent indicates fees doubled relative to the period before. Trailing 12-month fees total 2,977.44 USD, and the annualized rate derived from the trailing 30 days is approximately 267.67 USD. Revenue to the protocol over the trailing 30 days and trailing 12 months is recorded as zero, meaning the protocol retains none of the fees collected — those figures flow entirely elsewhere, such as to liquidity providers. The resulting annualized fee yield relative to market capitalization is 0.000607, a figure that reflects the very small absolute fee volume against the current market capitalization of 44,620,535 USD.