HYDRA

HYDRA

HYDRA #4340
Token Watch

Project Safety Score: 13%

Updated 2 hours, 48 minutes ago
HYDRAHYDRA
Market Cap$252997
24hr Volume$236
24hr Change14.6%
Price$0.0000000348190818004399
Coverage: 5 buckets · 60% resolved
Concerns raised - see Red Flags below
Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social
Liquidity
& Market
7 F
100% · medium
Team
Credibility
-
0% · low
Social
Behavioral
27 D
33% · low
Contract
Mechanics
5 F
33% · medium
Holder
Distribution
-
0% · low

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HYDRA HYDRA Details
Ethereum Ecosystem

Hydra's design is improved over its predecessors in the following ways:
Hydra's LP is paired with DragonX: Hydra borrows the price appreciation of DragonX because the tokens are bonded together. DragonX is a deflationary token with programmatic buy and burn, tokens that are paired with it historically have done very well.
Hydra mining uses TitanX: Unlike Hyper and TitanX, which require ETH to start miners, Hydra uses TitanX. Because there is so much TitanX in circulation, users can participate without selling TitanX down to Ethereum. This will enhance participation.
Hydra uses the DragonX vault: Possibly the most distinct and important element to Hydra is its mechanism for burning TitanX. Rather than using a standard burn by sending tokens to the dead address, Hydra sends its burned TitanX to the DragonX vault, increasing the DragonX share of the TitanX Ethereum payouts.
Hydra burns DragonX directly: The Hydra protocol sets aside a percentage of the TitanX used to start miners to burn DragonX off the market. This reduced the supply of DragonX forever it also makes the DragonX based buy and burn more effective.
Hydra favors short compounding cycles: Unlike Hyper and TitanX which gave bonuses to early adopters, Hydra favors users that compound their proceeds over time. Hydra leaves more for new entrants and boosts miner profitability over the long term.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Price Chart

HYDRA Exchanges

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71%
Profile Status
Data completeness
Some data missing
Medium confidence

Market Stats

All-Time High$0.00
All-Time Low$0.0000
Circulating7265295334803
Total Supply7265234308637