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Hydranet can be traded using Coinbase Wallet, your key to the world of crypto.

About Hydranet

Hydranet (HDN) is a Decentralized Autonomous Organization that has developed the Hydranet DEX, a Layer 3 trading platform. This platform seeks to bridge the worlds of Bitcoin and Ethereum using Layer 2 off-chain protocols such as the Lightning Network and the Connext Vector Network. The Hydranet DEX allows users to trade between Bitcoin and EVM-based blockchains without giving up custody of their funds, with near-instant settlement times and low costs. The Hydranet Network, which hosts the DEX's limit order book, powers the Hydranet DEX. The network is maintained by two distinct actors: Titans and Guardians, who aim to ensure the network's continuous operation and integrity, respectively.

Hydranet operates through its Hydranet DEX, a Layer 3 trading platform that uses Layer 2 off-chain protocols. Trades on the Hydranet DEX are executed off-chain, fully peer-to-peer, and are secured using hashed timelock contracts. This means that either both peers or no peer receives the agreed-upon funds. The Hydranet DEX is powered by the Hydranet Network, which is overseen by Titans and Guardians. Titans aim to ensure the network's continuous operation by hosting the exchange's limit order book, offering rental liquidity, and acting as a matchmaking engine between trading peers. Guardians strive to uphold the network's integrity by monitoring the behavior of both traders and Titans to ensure compliance with the network's rules.

Hydranet seeks to address the critical challenges associated with self-custody, transaction times, transaction costs, and scalability in the world of cryptocurrency trading. The Hydranet DEX offers a solution to these challenges by operating on a trustless basis, meaning users always retain control of their funds. The DEX leverages off-chain technologies to aim 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. This positions Hydranet as a potential solution for individuals and organizations looking for a platform for cryptocurrency trading.

Hydranet released the first version of the Hydranet DEX on the 23rd of September 2023. This version was delivered as a downloadable desktop client and offered an interface and trading experience, along with security features. Hydranet worked on an upgraded version of their DEX, a platform-agnostic web version that was readily available from the browser. This web version inherited all the components of its desktop counterpart as well as Hydranet’s EVM off-chain protocol, Lithium. The Hydranet project is community-driven, with a diverse team of volunteers dedicating their time to its development and management.

Market

Australia Market Stats

Market cap

A$8.9M

Volume (24h)

A$107,892.37

Circulating supply

158.5M HDN

All time high

A$0.27

Australia Market performance

Price change (1h)

-0.33%

Price change (1d)

-5.69%

Price change (1w)

-1.05%

Price change (2w)

-11.42%

Price change (1m)

-26.96%

Price change (1y)

+32.76%

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Hydranet is on the decline this week.

The price of Hydranet has decreased by 0.33% in the last hour and decreased by 5.69% in the past 24 hours. Hydranet’s price has also fallen by 1.05% in the past week. The current price is A$0.0564 per HDN with a 24-hour trading volume of A$107.89K. Currently, Hydranet is valued at 78.83% below its all time high of A$0.27. This all-time high was the highest price paid for Hydranet since its launch.

The current circulating supply of Hydranet is 158,528,886 HDN which means that Hydranet has as total market cap of 158,528,886.

FAQ

What is the current price of Hydranet?

We update our Hydranet to AUD currency in real-time. Get the live price of Hydranet on Coinbase.

What is the market cap of Hydranet?

The current market cap of Hydranet is A$8.95M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Hydranet?

The all-time high of Hydranet is A$0.27. This all-time high is highest price paid for Hydranet since it was launched.

What is the 24 hour trading volume of Hydranet?

Over the last 24 hours, the trading volume of Hydranet is A$107.89K.

What other assets are similar to Hydranet?

Assets that have a similar market cap to Hydranet include OAX, Drep (New), Serum, and many others. To see a full list, see our comparable market cap assets.

How many Hydranet are there?

The current circulating supply of Hydranet is 159 million.

Can I buy Hydranet on Coinbase?

Yes, Hydranet is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Hydranet guide.