Hydranet price

HDN

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Hydranet is a web3 crypto wallet that integrates a unique decentralized exchange (DEX), offering trustless, peer-to-peer trading with instant trade confirmations and no network fees, even across different blockchains. Using Hydranet, traders no longer need to deposit their funds to centralized exchanges (CEX) and risk their security. Instead, they can trade directly on Hydranet, benefiting from similar capabilities as on CEXs but maintaining full control of their private keys.

Hydranet leverages and combines off-chain protocols such as the Lightning Network for Bitcoin and Hydranet’s Lithium Network for EVM and smart contract-based blockchains. Off-chain protocols enable transaction processing outside the blockchain, allowing users to conduct multiple transactions without recording every single one on the blockchain. This approach reduces transaction costs, improves scalability and speeds up transaction confirmations, addressing some of the key limitations of on-chain transactions (high fees and network congestion). This is how Hydranet offers decentralized trading with instant trade confirmations and no network fees.

Hydranet is designed for everyone, offering multiple trading interfaces. Casual traders can use a user-friendly interface 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-blockchain trading - Hydranet introduces several innovations: the first-ever Lightning (and Lithium) off-chain nodes running directly in a browser, an external off-chain signer for secure off-chain transaction signing, and the Lithium protocol for off-chain EVM token transactions.

Read more about Hydranet on their documentation page.