Hydration, formerly HydraDX, is a decentralized liquidity and trading protocol for Polkadot. It provides swaps, DCA and OTC trading, liquidity provisioning, staking, borrowing, and a native stablecoin.
Hydration is the rebranded HydraDX protocol, offering an on-chain trading and liquidity platform centered on its Omnipool. Users can trade assets, provide single-sided liquidity, use DCA and OTC trading, stake HDX, borrow, and interact with the HOLLAR native stablecoin. The protocol also offers treasury liquidity functionality for projects and DAOs, and is governed through a decentralized democratic process.
