Details about Hydro Protocol cryptocurrency
Hydro Protocol
HOT
1+ (click to see list)
2018-01-16
€273,508 ( 0%)
€9,142
1,560,000,000
415,121,567
22.971
Unknown
https://hydroprotocol.io/
@protocol_hydro
1658120x
€1092.47
Hydro Protocol price charts
HOT exchanges
Hydro Protocol, the crypto
Hydro Protocol (HOT) is a decentralized exchange (DEX) protocol that enables the peer-to-peer trading of ERC-20 tokens in a transparent, efficient, and secure manner. It leverages the power of blockchain technology to reduce the reliance on centralized intermediaries and provides users full control over their digital assets.
The point
The main point of Hydro Protocol (HOT) is to provide an open-source, non-custodial, and low-cost solution for decentralized trading. By using smart contracts and off-chain solutions, the protocol enables fast and secure order matching, execution, and settlement, while minimizing the risks of hacking, front-running, and censorship.
The problem
Hydro Protocol (HOT) tries to solve the problem of centralized exchange (CEX) inefficiency and limitations, such as high fees, low liquidity, slow transaction times, and lack of transparency. By enabling direct trading between peers, Hydro Protocol (HOT) aims to democratize the financial system, increase market efficiency, and promote financial inclusion worldwide.
Compare HOT and BTC performance
Timeframe | HOT | BTC |
---|---|---|
1h change | 0 % | 0.208274 % |
24h change | 0 % | 0.847492 % |
7 day change | 0 % | 1.58229 % |
14 day change | 0 % | -7.78047 % |
30 day change | 0 % | -5.95001 % |
200 day change | -71.15 % | 129.061 % |
Year change | -83.18 % | 137.437 % |