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Hydration

Polkadot's DeFi hub with HOLLAR stablecoin

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About

Hydration (formerly HydraDX) is Polkadot's leading DeFi appchain, unifying swaps via its Omnipool, an Aave-v3-style lending money market, and HOLLAR, a USD-pegged over-collateralized stablecoin backed by DOT, ETH and BTC. It is a core part of the Polkadot ecosystem and is governed by the HDX token.

Polkadot's largest DeFi protocol; launched HOLLAR as the ecosystem's premier decentralized stablecoin.

Stablecoins

HOLLARUSDTUSDCDAI

Key products

OmnipoolHydration LendingHOLLARHDX token

Chains

HydrationPolkadot
Founded
2021
HQ
Distributed (Polkadot ecosystem)
Stage
Token (HDX)
Funding
Polkadot ecosystem / treasury-supported

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