Hydration
ClaimHydration is a decentralized appchain that combines token swapping, lending and borrowing, and a stablecoin into a single protocol.
Key numbers · TVL $60M · per DefiLlama · updated Sep 27
Overview
Hydration builds a DeFi protocol offering swaps across multiple AMM types (Omnipool, Stablepools, and Isolated Pools), on-chain lending and borrowing, and HOLLAR, an over-collateralized stablecoin. Traders can use split trading, on-chain DCA, and OTC orders to manage execution. DAOs and projects use the platform to manage liquidity, diversify treasuries, and distribute tokens through Liquidity Bootstrapping Pools. The protocol is governed on-chain by HDX token holders and runs without listing fees or custodians.
Recent activity
15+ projects and DAOs manage their liquidity using Hydration, including the Polkadot Treasury.