hydration

Web3 asset data platform RootData issued a daily transparency alert on Twitter (X), noting the lack of information on decentralized exchanges such as Hydration, Hyperbot, SideShift.ai, Lynex, and Beets regarding team details, key calendar events, token data, etc. It calls on project teams to submit/update information on RootData to enhance their transparency scores. Additionally, RootData stated that it will continue to monitor and expose "black box" projects that lack core information.It is reported that the RootData transparency score is used to measure the integrity and timeliness of projects, aiming to reflect the information disclosure situation of the projects. The transparency score is divided into 5 levels from A to F, with lower scores indicating more incomplete information disclosure and higher risks of misconduct, requiring investors to be highly vigilant.

According to the tracking data from the Web3 asset data platform RootData X, in the past 7 days, the Web3 loyalty rewards platform RoveWorld has been the project with the most unfollows by top figures on X (Twitter). New influential figures on X who have unfollowed this project include zac.eth(@zacxbt) and Jakey(@SolJakey).In addition, the projects with the most unfollows by top figures on X also include Hydration and Polymarket.

According to tracking data from the Web3 asset data platform RootData X, in the past 7 days, the Polkadot liquidity protocol Hydration has been the project with the most unfollows by top figures on X (Twitter). The new influential figures who unfollowed this project include cryptocurrency trader Loomdart (@loomdart), DeFi analyst Ignas (@DefiIgnas), and angel investor naniXBT (@naniXBT).In addition, the project with the most unfollows by top figures on X also includes Saymore.

ChainCatcher news, the DeFi protocol Hydration, which has the largest total locked value in the Polkadot ecosystem, officially launched its native stablecoin HOLLAR on the 22nd.HOLLAR is a decentralized, over-collateralized stablecoin pegged to the US dollar, with reserve assets including mainstream cryptocurrencies such as DOT, ETH, and BTC.

ChainCatcher message, according to the tracking data from the Web3 asset data platform RootData X, in the past 7 days, the cross-chain trading platform Atlas has been the project with the most new followers from X (Twitter) top influencers, including NekoZ(@NekozTek) who recently followed this project.In addition, the project with the most unfollows from X top influencers also includes Hydration.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the Polkadot liquidity protocol Hydration has been the project with the most new X (Twitter) top influencer followers, including notable new followers such as head goose (@alacheng) and spark (@0x_xifeng).In addition, the project with the most X top influencer followers also includes Irys.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the Solana-based prediction market Melee has gained the most new X (Twitter) followers among projects, with new influential figures following the project including well-known cryptocurrency trader Ansem(@blknoiz06), anonymous Twitter KOL Inversebrah(@inversebrah), and BORED(@BoredElonMusk).In addition, the project with the most new X followers also includes Hydration.

ChainCatcher news, Hydration announces the launch of its decentralized lending platform Hydration Money Market. The new platform allows users to provide cryptocurrency as collateral, earn deposit interest, and borrow various digital assets.The platform is built on the Polkadot blockchain, emphasizing the efficiency and innovation of the decentralized finance (DeFi) ecosystem. Hydration introduces on-chain priority liquidation, a mechanism designed to minimize losses and prevent exploitation during the liquidation process.

ChainCatcher news, according to Decrypt, the Polkadot ecosystem DeFi project Hydration has announced that it has obtained 2 million DOT tokens (approximately 14.4 million USD) from the Polkadot treasury. This funding will be specifically used to enhance the liquidity and trading efficiency of Hydration's unilateral liquidity supply platform, Omnipool.It is reported that within a year, 1 million DOT will be spent to attract new liquidity into the Polkadot ecosystem, with initial rewards for liquidity providers (LP) exceeding 200% APY. Thanks to the unilateral LP design of Hydration Omnipool, users will start receiving rewards after providing a single asset and joining the incentive farm, with incentive assets including native stablecoins, DOT, BTC, and various ecosystem tokens.In addition, the remaining 1 million DOT will be directly injected into Hydration Omnipool itself, aiming to support the creation of a strong and accessible native liquidity layer.