HydraDX is a cross-chain liquidity protocol established based on Substrate. A decentralized platform with inter-blockchain support and runs as a parachain on Polkadot.
HDX is a native token for 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 latter is 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 hard forks. On the other hand, its implementation as a secondary chain on Polkadot allows it to optimize key attributes such as speed, flexibility and security.
In addition, Polkadot adapts to the future and the number of projects on the platform has surged. HydraDX's main product lies in its strength as a trusted security middleware that can support decentralized token exchanges, both on Polkadot and externally.

HydraDX main use cases

With cross-chain support, flexibility, speed and security, HydraDX's financial use cases are unlimited. The keys include: Exchange cryptocurrencies from different blockchains.
Users can provide liquidity and receive rewards.
Users can create new liquidity pools for new tokens.
Developers can integrate in-wallet exchanges and directly connect encrypted storage with a Decentralized Exchange (DEX) aggregator.
Developers can interact with Bitcoin (BTC), dots (DOT), ERC-based coins, and other blockchain-based assets.

Related links:

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