Rank #1947
hdn Hydranet
$ 0.04032
0.063448 BTC
34 satoshies
Market Cap
8,25 MLN. $
24 Hour Trading Vol
141,718.044 $
Circulating Supply
204,62 MLN.
Total Supply
300,00 MLN.
Max Supply
300,00 MLN.
Fully Diluted Valuation
12,29 MLN. $
Low
Range
High
Info
1h
24h
7d
1m
1y
max
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Hydranet Price Statistics
0.04032 $
0.04018 $ / 0.04164 $
141,718.044 $
#1947
8,25 MLN. $
0.1784 $
-77.39%
19 November, 2023, (2 years ago)
0.006293 $
540.84%
04 July, 2022, (3 years ago)
Hydranet Top Markets
#
Exchange
Pair
Price
24h Volume
Volume
Trust Score
Hydranet Performance
Trading Pair
day
week
month
hdn
/
usd
-1.64%
-10.01%
19.95%
hdn
/
btc
-1.64%
-10.01%
19.95%
hdn
/
eth
-1.64%
-10.01%
19.95%
About Coin
What is the project about?
Hydranet is the first fully decentralized trading network that combines the speed and cost-efficiency of centralized exchanges, while preserving the self-custody and security of DeFi. Leveraging off-chain protocols such as the Lightning Network for Bitcoin and Hydranet’s Lithium Network for EVM and smart contract-based blockchains, Hydranet offers trustless, peer-to-peer trading with instant trade confirmations and zero network fees, even when trading between different blockchains. Using Hydranet, traders no longer need to compromise on security, scalability, and decentralization - they get it all!
Hydranet is designed for everyone, offering multiple trading interfaces. Casual traders can use recognizable interfaces similar to popular DEXs for a simplified one-click trading experience, while experienced traders can opt for an order book interface or API, providing greater flexibility for advanced trading strategies. Beyond its key features - instant trades, zero network fees, and cross-chain trading - Hydranet introduces several innovations: the Lithium protocol (a state channel protocol for smart contract-based blockchains akin to the Lightning Network), the first-ever Lightning (and Lithium) off-chain nodes running directly in a browser environment, and an external off-chain signer for secure signatures of off-chain transactions.
Read more about Hydranet on their documentation page: https://docs.hydranet.ai/
What makes your project unique?
Hydranet offers an entirely new approach to solving the blockchain trilemma of security, scalability, and decentralization. While other decentralized projects turn to sidechains to address scalability, Hydranet takes a different route by using off-chain protocols that run on top of established blockchains. Sidechains often lead to issues in DeFi, such as liquidity fragmentation and increased ecosystem complexity. By focusing on off-chain protocols, Hydranet allows original blockchains such as Bitcoin and Ethereum to scale without sacrificing liquidity, decentralization, or security.
Hydranet doesn’t just enhance the scalability of these blockchains, it also connects them, enabling seamless cross-chain trading with full control, instant confirmations, and zero network fees!
What can your coin/token be used for?
HDN is the native token of the Hydranet Network and plays a central role in the network’s operation and governance. It enables community members to actively participate in maintaining and securing the decentralized infrastructure that powers Hydranet’s off-chain DEX.
By locking HDN as collateral, token holders can operate Titans or Guardians - two key node roles in the Hydranet Network. Titans facilitate the trading process by hosting the off-chain order book and matching trades, while Guardians ensure network integrity by monitoring behavior and enforcing protocol rules. Both roles are essential to the trustless, decentralized operation of the network, and are rewarded for their contributions.
Where is Hydranet available for purchase?
You can exchange HDN tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Hydranet is MEXC, notably the HDN/USDT pair, which saw a trading volume of $ 101,297 in the past day. Additionally, WhiteBIT and XT.COM are popular alternatives for trading tokens.
What is the highest value Hydranet (HDN) has ever reached?
Hydranet (HDN) reached its peak price at 0.1784 $ on 19 November 2023, approximately 2 years ago ago. Presently, the current price is -77.39% lower than this all-time high.
What is the historical minimum price for Hydranet (HDN)?
The minimum price reached for Hydranet (HDN) was 0.006293 $, documented on 04 July 2022, more than 3 years ago. In comparison, the current price is 540.84%, it above this historical low.
What is the fully diluted valuation of Hydranet (HDN)?
The fully diluted valuation (FDV) of Hydranet (HDN) stands at $ 12,29 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 300,000,000 HDN tokens. The realization of this FDV might take several years depending on the emission schedule of HDN tokens.
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