HYDRA

HYDRA Price

What is HYDRA about?

HYDRA is a protocol designed to improve upon its predecessors through several key innovations. It pairs its liquidity pool (LP) with DragonX, a deflationary token with a programmatic buy and burn mechanism, which historically benefits tokens paired with it. HYDRA also utilizes TitanX for mining, eliminating the need for ETH to start miners, thereby enhancing user participation. Additionally, HYDRA introduces a unique mechanism for burning TitanX by sending it to the DragonX vault, which increases DragonX's share of TitanX Ethereum payouts. Furthermore, HYDRA burns DragonX directly, reducing its supply and enhancing the effectiveness of its buy and burn mechanism. Lastly, HYDRA favors short compounding cycles, rewarding users who compound their proceeds over time and boosting miner profitability in the long term.

What makes HYDRA unique?

HYDRA's unique features include its pairing with DragonX, which benefits from historical performance of tokens paired with deflationary mechanisms. It uses TitanX for mining, allowing participation without converting TitanX to Ethereum. The protocol's innovative burn mechanism sends TitanX to the DragonX vault, enhancing DragonX's payouts. Direct burning of DragonX reduces its supply and strengthens its buy and burn effectiveness. HYDRA also prioritizes short compounding cycles, promoting long-term profitability for miners.

What can HYDRA be used for?

HYDRA can be used for mining utilizing TitanX, which enhances participation without the need for Ethereum. It can also be used for compounding proceeds over time, boosting miner profitability. Additionally, HYDRA's mechanism for burning TitanX and DragonX makes it a tool for reducing token supply and enhancing the effectiveness of buy and burn mechanisms.

Where can you buy HYDRA?

HYDRA tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade HYDRA is Uniswap V3 (Ethereum), where the most active trading pair HYDRA/DRAGONX has a trading volume of $281.06 in the last 24 hours.

What is the daily trading volume of HYDRA (HYDRA)?

The trading volume of HYDRA (HYDRA) is $235.58 in the last 24 hours, representing a 165.40% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for HYDRA (HYDRA)?

HYDRA (HYDRA) reached an all-time high of $0.00004012 and an all-time low of $0.0₇1830. It’s now trading -99.90% below that peak and 207.40% above its lowest price.

What is the market cap of HYDRA (HYDRA)?

Market capitalization of HYDRA (HYDRA) is $393,827 and is ranked #3916 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HYDRA tokens (7 Trillion tokens are tradable on the market today).

What is the fully diluted valuation of HYDRA (HYDRA)?

The fully diluted valuation (FDV) of HYDRA (HYDRA) is $393,827. This is a statistical representation of the maximum market cap, assuming total number of 7 Trillion ETH tokens are in circulation today.

How does the price performance of HYDRA compare against its peers?

With a price decline of -6.30% in the last 7 days, HYDRA (HYDRA) is underperforming the global cryptocurrency market which is down -2.80%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 0.00%.

How to add HYDRA (HYDRA) to MetaMask?

Adding HYDRA (HYDRA) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import HYDRA as a token. You can copy HYDRA’s contract address (0xcc7ed2ab6c3396ddbc4316d2d7c1b59ff9d2091f) and import it manually, or if you've installed MetaMask's chrome extension, add HYDRA to MetaMask with one click on CoinGecko.

Add HYDRA to MetaMask.