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Hydro Protocol HOT

We lack of accurate trading data.

This could be attributed to several reasons, including limited exchange liquidity or delisting. Or might be due unable to provide support for exchanges where this asset is currently tradable.

Market Cap 

$32,964.80Rank #--

FDV 

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--USD ROI
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ICO Price
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Funds Raised
$30.00 M
Tokens Sold
624.00 M HOT

About HOT

Hydro Protocol is a network layer protocol that is designed for high performance decentralized exchanges and marketplaces. It aims to address the issue of liquidity sharing among various decentralized exchanges by using Federated Liquidity Pools (FLP). Hydro Protocol also offers built-in incentives for coordination.

What makes Hydro Protocol unique?

Hydro Protocol is unique compared to other cryptocurrencies because it is a network layer protocol specifically designed for decentralized exchanges and marketplaces. It addresses the issue of liquidity sharing among various decentralized exchanges through its innovative concept of "Federated Liquidity Pools" (FLP). These FLPs allow for the pooling together of liquidity from different exchanges, enabling greater liquidity and trading opportunities for users.
Additionally, Hydro Protocol has built-in incentives for coordination, which means that participants in the ecosystem are rewarded for contributing liquidity and taking part in governance. This incentivizes the growth and development of the network.
Furthermore, Hydro Protocol has its own token called HOT (Hydro Protocol Token), which plays a crucial role in executing decentralized orders and providing a mechanism for order matching. Token holders can stake HOT to gain membership into liquidity pools and receive rewards for their contributions.
Overall, Hydro Protocol stands out by focusing on improving liquidity sharing, providing incentives for participation, and offering a network layer protocol specifically tailored for decentralized exchanges and marketplaces.

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