- #1294
Hydra HYDRA
HYDRA Price
Market Cap
$7.81 MRank #1294FDV
$12.77 MRank #1385Investors
Twitter Followers
Twitter Performance
159WeakRank by Twitter #8328- 0
- 100
- 500
- 1000
- 1500
Detailed Performance
HYDRA shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
HYDRA to USD Converter
Price History
- All-Time High
- $52.09133.46x to ATH
- All-Time Low
- $0.31241.25x to ATL
- Trade Launch Date
- 12 Jan, 2021
1291 days ago
Exchanges
Exchanges type
About HYDRA
Hydra is an open-source Proof-of-Stake blockchain that has a unique combination of inflationary and deflationary mechanics. It is designed to be a truly decentralized network, maintained by nodes around the globe. Hydra offers scalability, compatibility with smart contracts, and wallet-level scalability. It has a shared economy model that benefits all stakeholders, providing gas royalties to smart contract owners and developers. The blockchain also achieves transactional cost predictability through a stable gas price protocol, ensuring stability for network participants and real-world business applications.
What makes Hydra unique?
Hydra stands out from other cryptocurrencies due to its unique features and economic mechanics. Firstly, Hydra utilizes a stable gas price protocol, allowing for transactional cost predictability. The gas price is set by coin holders through decentralized voting, ensuring stability and flexibility in fee settings. Additionally, the gas price is always set in fiat, providing a fixed price per transaction in USD equivalent.
Hydra also offers a complete solution for a healthy ecosystem. It has a high transactional capacity that scales dynamically when needed, and a single wallet can execute thousands of transactions in parallel. The platform is EVM compatible, making it compatible with smart contracts. Chain settings can be voted on by Hydra holders, introducing flexibility based on democratic principles.
One of Hydra's notable features is its Proof of Stake (POS) consensus mechanism. Anyone can become a full node and stake Hydra coins to help maintain the network. Stakers receive block rewards, ensuring the network's security against potential attacks. This staking economy provides a high economic stream to participants.
Furthermore, Hydra has a unique combination of inflationary and deflationary mechanics in its economy. This allows for real adoption to define the total supply of Hydra, creating an economy that adjusts based on market dynamics.
Overall, Hydra's unique combination of stable gas price protocol, scalability, democratic governance, staking economy, and economic mechanics sets it apart from other cryptocurrencies in the market.
Live Hydra Price Data
The current price of Hydra (HYDRA) is approximately $0.3903, reflecting a increase of 6.07% in the last 24 hours. The HYDRA trading volume in the last 24 hours stands at $151,959.10. Hydra's market cap is currently $7.81 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of HYDRA is 19.95 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Hydra's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on HYDRA, check out our crypto insights page.
Tags
Official Links
HYDRA to USD Converter
Price History
- All-Time High
- $52.09133.46x to ATH
- All-Time Low
- $0.31241.25x to ATL
- Trade Launch Date
- 12 Jan, 2021
1291 days ago