Hydration

Hydration

Hydration unites swaps, lending and the Hollar stablecoin under the roof of a scalable appchain.

HQ location
San Francisco, United States
Launch date
Employees
Enterprise value
$58—86m
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€0.0

round
N/A

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round
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$14.4m

Early VC
Total Funding000k
More about Hydration
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Hydration operates as a decentralized finance (DeFi) protocol, primarily serving Decentralized Autonomous Organizations (DAOs) on the Polkadot network. The platform offers a cost-efficient and permissionless solution for market making and liquidity management, allowing DAOs to manage their treasuries in a non-custodial manner. Hydration's core product, the Omnipool, is an innovative Automated Market Maker (AMM) that consolidates all assets into a single trading pool, enhancing trading efficiency by reducing slippage and liquidity fragmentation. The platform supports single-sided liquidity provision (LPing), enabling DAOs to add assets without requiring a second asset, and offers comprehensive documentation for seamless API integration. Hydration generates revenue through transaction fees and provides additional services such as staking, yield farming, and over-the-counter (OTC) orders. The business model focuses on empowering DAOs to build protocol-owned liquidity and diversify their treasury holdings. Key clients include DAOs managing their liquidity and treasuries on the Polkadot network, leveraging cross-chain communication and governance features.

Keywords: DeFi, Polkadot, DAOs, liquidity, market making, Omnipool, AMM, non-custodial, single-sided LPing, treasury management.

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