Hydro Protocol Weekly Updates | May 12-May 18
Dear Hydro Community,
Welcome to the third week of May! We’re excited to share a productive week for the Hydro team with you all.
Thanks to all of our users, partners, and fellow developers for your support as we continue to grow.
New Partnership | MF Chain
DDEX is very excited to announce its partnership with MF Chain this week. MF Chain is building the most cost-effective cryptocurrency payment ecosystem that rewards both the consumer and the merchant. We look forward to the future success for both MF Chain and DDEX.
HOT on New Exchange
Hydro Protocol Token (HOT) is now listed on Bitgogo.
Read more about HOT on coinmarketcap: https://coinmarketcap.com/currencies/hydro-protocol/
Product & Development
DDEX, the first Hydro Protocol based 0x Relayer, has made a lot of improvements over the past week:
- New UI design completed — will launch very soon
- The markets are now sort-able by 24-hour volume, token symbol, price, and 24-hour price change
- Added the latest token price on the browser’s page title
- Added trade warning notifications for unreasonable orders
- Added Japanese as a language option on UI 2.0
- Added API and token listing portals to the new landing page
Decentralized Data
Below are some statistics on historical decentralized exchange transaction numbers:
1. DDEX increases market share on DEX Tracker & remains #2 on Etherscan’s DEX tracker
2. DDEX reached the 2nd most mentioned Ethereum Dapp on Twitter
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:
- Total number of logged in accounts: +15%
- Approve/WRAP/Unwrap transactions: +19%
- Buy/Sell transactions: +18%
- Accounts with 1st transaction: +15%
- Accounts with 1st Wrap ETH: +14%
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.
Hydro in Conferences
New York | Blockchain Without Borders Summit 2018
Meet up with 0x Team
Co-founder of the Hydro Team, Bowen Wang, met with 0x CTO and Director of Operations to talk about 0x Protocol V2 updates.
0x V1 smart contracts will remain usable after the V2 launch to allow relayers and users to migrate to the new smart contracts. They are also working on the next version of the Standard Relayer API that will incorporate more V2-specific data about orders and tokens.
Meet our new members
Upcoming Events
Blockchain Festival Vietnam 2018
The Hydro Team will attend the Blockchain Festival Vietnam on May 24–25, 2018.
Blockchain Festival gathers key players in the Blockchain ecosystem from around the world to explore, discuss and study Blockchain technology. Topics covered in this international conference include technical developments and latest industry trends in the Blockchain industry. If you are attending the conference, please reach out to meet our team!
Discounted tickets are available using our Promo Code:
PROMO CODE: DDEXHI
ETH Buenos Aires-May 25–28, 2018
The Hydro Team will be in Argentina toward the end of May. We will be presenting at ETH Buenos Aires, which is an Ethereum hackathon starting on May 25th, 2018. It is an opportunity to work alongside the developers, thought leaders, advisers, and companies who are making the infrastructure and applications that will power the future.
Keep an eye out for our team at additional conferences throughout the world. Stay tuned!
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
