Hydration
Hydration is a decentralized DeFi protocol built as a Polkadot parachain that combines an Omnipool AMM, lending, borrowing, and the HOLLAR stablecoin to serve DeFi traders, DAO treasuries, and developers building financial applications.
- Company typePrivate
- Founded2021
- Headquarters—
- Headcount—
- GTM typeB2C
- OfferingSoftware
Hydration firmographics
Firmographics- Name
- Hydration
- Legal name
- Intergalactic, Inc.
- Website
- https://hydration.net
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Short description
- Hydration is a decentralized DeFi protocol built as a Polkadot parachain that combines an Omnipool AMM, lending, borrowing, and the HOLLAR stablecoin to serve DeFi traders, DAO treasuries, and developers building financial applications.
- Ownership category
- akta.pro rank
Hydration industry classification
Industry- Product category
- Decentralized Finance (DeFi)
- akta.pro primary industry
- Liquidity Management & Market-Making Protocols (FSADAMAH)
- akta.pro secondary industries
- DAO Treasury, Governance & On-Chain Finance Tools (FSADAMAL), Decentralized Lending & Borrowing Protocols (FSADAMAA), DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading) (FSAPAEAD)
Keywords
Hydration business model
Business model- GTM type
- B2C
- Offering type
- Software
Revenue model
- Transaction Fees: Fees paid per transaction for any action on the network (trade, transfer, governance vote). Users can pay these fees in any Omnipool asset. Approximately 1.60 HDX+ per transaction.
- Omnipool Asset Fees: Dynamic fees (0.25% to 5.00%) on every Omnipool trade, charged in the asset bought. 50% goes to LPs, 50% split between referrers, traders, and GIGAHDX stakers. HDX fees go entirely to GIGAHDX staking.
- Protocol Fees: 0.05% to 0.10% on every Omnipool trade, paid in H2O. Half is burnt and half goes to Treasury.
- Withdrawal Fees (Omnipool): Dynamic fees (0.01% to 1.00%) on Omnipool LP liquidity withdrawals, calculated as percentage difference between spot price and oracle price to prevent spot price manipulation.
- Isolated Pool Trade Fees: Fixed 0.3% fee on every Isolated Pool trade, paid in the asset bought, remaining as rewards for LPs.
- Stablepool Trade and Withdrawal Fees: 0.04% trade fee and 0.04% withdrawal fee on Stablepool LP liquidity, both remaining in the pool as LP rewards.
- LBP Fees: Variable repayment fees and swap fees on LBP trades, set by pool creators. Repayment fees go to pool owner until target met; swap fees go to LPs after target.
- OTC Trading: Currently no fees on OTC trades.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | No explicit pricing tiers - protocol operates purely on embedded fee model |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
Hydration product offering
Product offeringCore offering
Hydration is a decentralized finance (DeFi) protocol built as a Polkadot parachain (appchain) that unifies swaps, lending, borrowing, and the HOLLAR stablecoin under a single liquidity architecture. It operates multiple automated market maker (AMM) pool types — Omnipool, Stablepools, and Isolated Pools — and supports single-sided liquidity provisioning, on-chain DCA, OTC trading, and cross-chain asset transfers via XCM, Wormhole, and Snowbridge bridges.
Product overview
Hydration is a unified DeFi platform built as a scalable appchain that combines swaps, lending, borrowing, and the HOLLAR stablecoin under one roof. The core products include the Omnipool AMM (featuring single-sided LPing), Lending & Borrowing protocols, HOLLAR stablecoin, and HDX governance token. The ecosystem extends to yield optimization strategies (GIGAHDX Staking, GIGAETH, GIGADOT), advanced trading features (DCA, Split Trading, OTC, LBP, Bonds), a referral program, and cross-chain functionality via Wormhole and Snowbridge bridges. Built on Polkadot with full decentralization and on-chain governance.
Differentiator
Problem solved
Functional benefit
Products and services
- Omnipool AMM A next-generation AMM that combines all supported tokens into a single concentrated liquidity pool, enabling single-sided LPing where users provide liquidity with only one asset and gain exposure to all other pool assets.
- Lending & Borrowing
Quantifiable outcome
- Up to 69% APR available through liquidity incentives
- +3 more outcomes
Companies that use Hydration
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Hydration technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration16 records
Feature11 records
Hydration partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- MetaMaskcoreIntegration allowing MetaMask EVM wallet users to access Hydration's Omnipool for trading, OTC orders, and cross-chain transfers using MetaMask's familiar interface.
- Nova WalletcoreLeading mobile wallet for Polkadot integrated with Hydration, allowing mobile users to access the protocol's DeFi features.
- SubWalletcoreHighly secure and comprehensive Web3 wallet integrated with Hydration for accessing DeFi features.
- TalismancoreEthereum and Polkadot wallet providing access to Hydration's protocol for both EVM and Substrate-based operations.
- LedgercoreHardware wallet support allowing cold storage of HDX tokens while signing transactions on the Hydration network via Polkadot App.
- SnowbridgecoreTrustless bridge between Polkadot and Ethereum, minting assets on Asset Hub for use in Hydration's DeFi ecosystem.
- WormholecoreIndustry-leading bridge connecting Hydration to various chains, minting assets on Moonbeam for cross-ecosystem asset transfers.
- PolkadotcoreHydration operates as a Polkadot parachain (appchain), leveraging Polkadot's security, XCM for cross-chain communication, and integrated with Polkadot's governance ecosystem including Treasury management.
- ImmuneficoreBug bounty platform hosting Hydration's security vulnerability disclosure program, incentivizing researchers to identify vulnerabilities in the protocol's codebase and infrastructure.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Hydration competitors and assessment
Company assessmentDirect peers
- Uniswap: Uniswap is the largest decentralized AMM, operating concentrated-liquidity pools across Ethereum and 10+ chains. It is Hydration's most direct competitor as both protocols compete for token-swap volume and LP capital, though Uniswap lacks the single-sided Omnipool primitive and HOLLAR-style stablecoin integration.
- Curve Finance: Curve operates stablecoin-optimized AMMs with very low-fee pools and has expanded into a crvUSD stablecoin and lending market. Hydration's Stablepools (0.04% fees) and HOLLAR stablecoin are direct analogs; both compete to be the liquidity backbone for stable assets.
- Balancer: Balancer is the originator of the Liquidity Bootstrapping Pool (LBP) primitive that Hydration's LBP implementation references. Both protocols offer multi-asset pools, customizable weights, and yield-bearing boosted pools; they compete for DAO treasury deployments and new token launches.
- Aave: Aave is the dominant over-collateralized lending market with multi-chain deployments including the just-launched Aave app on Polkadot-adjacent infrastructure. Hydration's Lending & Borrowing product competes head-to-head for borrow and collateral deposits, and HOLLAR competes with Aave's GHO stablecoin.
- MakerDAO (Sky): MakerDAO (rebranded Sky) issues the DAI/USDS over-collateralized stablecoin, the closest comparable to Hydration's HOLLAR. Both protocols monetize seigniorage-like revenue from collateralized debt positions and govern through a utility token (MKR/SKY vs HDX).
- Osmosis: Osmosis is the leading IBC-native DEX in the Cosmos ecosystem, offering order-book and AMM functionality with cross-chain asset transfers. While Cosmos and Polkadot are distinct ecosystems, Osmosis is the closest analog as a parallel-chain native DEX championing cross-chain liquidity.
- StellaSwap: StellaSwap is the leading AMM on Moonbeam (EVM parachain of Polkadot), operating both standard AMM pools and a stable-swap. It directly competes with Hydration for Polkadot-ecosystem swap volume though on the EVM smart-contract side rather than as a Substrate appchain.
- Acala: Acala is the canonical Polkadot DeFi hub and stablecoin (aUSD) issuer, with EVM+Substrate parachain architecture similar to Hydration. Both target the same Polkadot DeFi market with an integrated swap/lending/stablecoin stack and compete for the same DAO/treasury clients.
- Trader Joe: Trader Joe is a multi-chain AMM and lending market operating across Avalanche, Arbitrum, and others, with concentrated-liquidity and "Liquidity Book" primitive. While on different chains, it is a comparable product-surface and GTM model (retail DeFi super-app with multiple primitives).
Broad incumbents
- Raydium: Raydium is the dominant AMM on Solana, combining order-book routing with on-chain liquidity pools. It is an incumbent in a competing L1 ecosystem that Hydration bridges to via Wormhole, and a likely competitor for Solana-forked token flow and Hyperliquid-style perp integrations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Hydration social profiles
Digital presenceHydration financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hydration leadership team
Management profileNumber of profiles
Hydration funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hydration M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hydration
What does Hydration do?
Hydration is a decentralized finance (DeFi) protocol built as a Polkadot parachain (appchain) that unifies swaps, lending, borrowing, and the HOLLAR stablecoin under a single liquidity architecture. It operates multiple automated market maker (AMM) pool types — Omnipool, Stablepools, and Isolated Pools — and supports single-sided liquidity provisioning, on-chain DCA, OTC trading, and cross-chain asset transfers via XCM, Wormhole, and Snowbridge bridges.
Is Hydration a public or private company?
Hydration is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Hydration founded?
Hydration was founded in 2021.
How does Hydration make money?
Eight revenue lines are on record. Transaction Fees are the primary driver. The others are omnipool Asset Fees, protocol Fees, withdrawal Fees (Omnipool), isolated Pool Trade Fees, stablepool Trade and Withdrawal Fees, LBP Fees and OTC Trading.
Who are Hydration's main competitors?
Direct peers on record are Uniswap, Curve Finance, Balancer, Aave, MakerDAO (Sky), Osmosis, StellaSwap, Acala and Trader Joe. Raydium is listed as a broad incumbent.
Does Hydration have an API?
Yes. Hydration provides an SDK for frontend applications to streamline development and enhance user experiences. The SDK is available on GitHub at github.com/galacticcouncil/sdk. Additionally, developer documentation is available at apidocs.bsx.fi/HydraDX covering integration and optimization of APIs. Developers can also integrate remote swaps for cross-chain functionality using the polkadotXcm.send call with XCM instructions. Developer documentation is at docs.hydration.net.
What industry is Hydration in?
Hydration's product category is Decentralized Finance (DeFi). Its primary akta.pro industry code is FSADAMAH, Liquidity Management & Market-Making Protocols, with a secondary code of FSADAMAL, DAO Treasury, Governance & On-Chain Finance Tools.