Hydro Protocol Weekly Updates | May 7-May 11
Dear Hydro Community,
Welcome to the second week of May! It has been an extremely productive week, with some new and exciting milestones achieved. A huge thank you to all of our users, partners, and fellow developers for your support as we continue to grow!
Here is a summary of what we have been working on this past week.
New Partnership | MARKET Protocol
We announced a new partnership this week with the MARKET Protocol team. MARKET opens the door for expanded on-chain, off-chain, and cross-chain offerings within a safe and solvent trading ecosystem. This partnership will contribute to our goal of providing a better decentralized cryptocurrency trading experience.
HOT on New Exchange
Hydro Protocol Token (HOT) is listed on Huobi HADAX.
Read more about HOT on coinmarketcap: https://coinmarketcap.com/currencies/hydro-protocol/
Product & Development
- Optimized token selector and search bar
- Fixed Firefox compatibility issues
- Redesigned mobile app UX. Getting ready to launch Alpha Test Program.
- First time users will now be directed to see a tour to learn how to trade on DDEX
Numbers Talk
Overall, the decentralized exchange landscape still accounts for only a small portion of the total volume of cryptocurrency market, but the numbers are increasing.
Below are some statistics on historical decentralized exchange transaction numbers:
Moving onto a daily and weekly analysis, specifically for 0x relayers:
In the past 24 hours on DDEX, we have seen increases in the following user-based statistics:
- Total number of logged in accounts: +21%
- Approve/WRAP/Unwrap transactions: +36%
- Buy/Sell transactions: +20%
- Accounts with 1st transaction: +38%
- Accounts with 1st Wrap ETH: +36%
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.
New logo!
With the help of our new designer Zhipeng Li, we have come up with a fantastic new Hydro logo:
Meet our new designer
Upcoming Events
New York | Blockchain Without Borders Summit 2018
The Blockchain Without Borders Summit 2018 in New York features some of the most prominent figures in the blockchain industry. We are happy to share the news that Bowen Wang, Co-founder of Hydro Protocol, is invited to give a talk at the Summit as a keystone speaker. We look forward to seeing other early-stage startups, interesting blockchain projects, and more!
Hydro Meetup on May 14, 2018
Will you be around New York next week? Any plans on May 14th? Join the meetup with Hydro Protocol, IOS Foundation, 8 Decimal Capital, and Nirvana Capital at Arlo NoMad hotel. It will be a crypto-mazing night chatting with our co-founder about blockchain and cocktails.
ETH Buenos Aires
The Hydro Team will be in Argentina toward the end of May. More will be announced when we get closer to the date!
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
