Hydra DEX Preview & Progress Update
Today we want to share an update with our community on the progress of the Hydra DEX and what has been achieved so far, including real “Footage” from the Hydra explorer. Let’s dive into it!
DEX is an abbreviation for “Decentralized Exchange”. As the name suggests, it offers functionality for exchanging tokens or HYDRA with each other, at a certain market price — directly on the blockchain — and without intermediaries inbetween.
As such, it offers a powerful tool not only for traders and arbitrage professionals, but it also allows new projects to kickstart their own liquidity strategy and set up a strong trading environment for their tokens.