Hydro Protocol Weekly Updates

August 04— August 10, 2018

Hydro Protocol
Aug 12, 2018 · 4 min read

Dear Hydro Community,

As the second week of August comes to a close, we are excited to share the progress of our Hydro team. As always, we thank all of you for your support as we continue to grow.

Product & Development

DDEX, the first Hydro Protocol based 0x Relayer, launched several platform upgrades last week:

  • Improved the trading page loading speed.
  • Optimized the fee estimator tool tip to show a breakdown of fees.
  • Smoothed out the order placing UX — users will now see their order in the open order section immediately after they place an order (previously there was a slight delay).

Moving onto a weekly analysis of trading volume, specifically for 0x relayers:

In the past week on DDEX, we have seen increases in the following user-based statistics:

  1. Total number of logged in accounts: +1.62%
  2. Approve/WRAP/Unwrap transactions: +2.41%
  3. Buy/Sell transactions: +7.90%
  4. Accounts with 1st transaction: +2.22%
  5. Accounts with 1st Wrap ETH: +1.91%

Again, we thank all of you for supporting and trading with DDEX. Our growth is largely due to the continued support from our amazing community.

DeltaRelay launched and started their 1st round of voting

We are excited to announce the official launch of deltarelay.com, a Hydro based 0x relayer with an emphasis on community governance. Hydro Protocol provided DeltaRelay with modular technology and support to assist their launch.

For the participating projects and more details, please check here!

New Partnerships

Hydro partnered with ICOmarks to support in-dapp decentralized transactions.

ICOmarks is an independent platform for the analysis and research of ICO (Initial Coin Offering). ICOmarks has it own rating system to compile a list of the most promising projects, a calendar of upcoming/ending ICOs, and a tool for tracking token stats that are already being traded.

Now you can find an ICO project and immediately trade it on DDEX without redirecting to a third-party payment processor!

ICO projects can submit their listing applications through the ICOmarks website and are provided with contact information for DDEX’s token listing team.

Hydro in the Media

Hydro Co-founder Bowen gave an interview with CoinCentral

Bowen Wang, co-founder of Hydro and DDEX, joined Coin Central’s Munair Simpson at the Blockchain Open Forum event in Seoul, South Korea to catch up on Hydro and DDEX updates and his ambitions for the future.

To learn more about Plasma DEXes, the tokenomics of HOT, and DDEX’s mobile native app, see the full conversation here.

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We are Hiring!

Hydro Protocol and DDEX plan to further expand our team in The United States, Europe, Southeast Asia, and Japan. We are looking for skilled individuals who are as passionate about blockchain as we are. If you believe you have what it takes, please send resumes to jobs@ddex.io

Job opportunities including, but not limited, to https://angel.co/ddex-2

New to Hydro?

Hydro is a network layer protocol for high performance decentralized exchanges and marketplaces with built-in incentives for coordination. Hydro utilizes ’Federated Liquidity Pools’ (FLP) to address the issue of liquidity sharing among various decentralized exchanges.

Fellow us on Medium to be informed for the latest update!

Go to Hydro: https://thehydrofoundation.com?sc

Trade on DDEX: https://ddex.io?scmedium

Join Hydro Telegram Group, DDEX Telegram Group

Follow us on: Twitter, Reddit, Facebook

Thank you very much for your support.

Best regards

Hydro Protocol Team

Hydro Protocol

Hydro Protocol is an open-source framework for building decentralized exchanges

Hydro Protocol

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An open-source framework for building decentralized exchanges. New website coming December 17, 2018!

Hydro Protocol

Hydro Protocol is an open-source framework for building decentralized exchanges

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