HydraDX is a cross-chain liquidity protocol based on Substrate. A decentralized platform with inter-blockchain support and runs as a parachain on Polkadot.
HDX is the native token of HydraDX. It will be used for governance, staking, and more.

Project Introduction

What is HydraDX?

HydraDX is a decentralized platform with inter-blockchain support. It is powered by Substrate, the engine that drives well-known platforms such as Polkadot and Edgeware. However, it runs as a parachain on Polkadot.
By using Substrate, HydraDX developers can implement system-wide upgrades without triggering a hard fork. On the other hand, its implementation as a parachain on Polkadot allows it to optimize key properties such as speed, flexibility, and security.
Furthermore, Polkadot is future-proof and the number of projects on the platform has exploded. HydraDX's main offering lies in its strength as a trusted security middleware, whether on Polkadot or externally, powering decentralized token exchanges.

HydraDX main use cases

With cross-chain support, flexibility, speed and security, the financial use cases of HydraDX are limitless. Key among these include:
Exchange cryptocurrencies from different blockchains.
Users can provide liquidity and earn rewards.
Users can create new liquidity pools for new tokens.
Developers can integrate in-wallet exchanges and connect crypto storage directly with decentralized exchange (DEX) aggregators.
Developers can interact with Bitcoin (BTC), Dots (DOT), ERC-based coins, and other blockchain-based assets.

Related links:

https://0xzx.com/2021011500281090964.html/amp