Hydro Protocol Weekly Updates

May 26-June 1, 2018

Dear Hydro Community,

As we head into Summer, the Hydro team has made many progresses that we are excited to share with our community. Sincerely thanks to all of you for your support as we continue to grow.

DDEX, the first Hydro Protocol based 0x Relayer, has worked very hard on many improvements over the past week:

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

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:

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’s product designer Josh gave a keynote speech about UI/UX challenges in the blockchain industry, how DDEX and Hydro Protocol aim to solve these challenges, and some Hydro Protocol future plans at ETH Buenos Aires last weekend.

Keep an eye out for our team at additional conferences throughout the world. Stay tuned!

The Conference will cover topics including trends of Ethereum technology, Ethereum ecology, Ethereum community & economy. It will also be a great way for us to connect more closely with the large and vibrant Chinese developer community.

We are very happy to have Ge Gong joinning the development team as our new front end developer. Prior to Hydro, Gong was a fullstack developer working at creatingEV for three years. After a short period working on building ETHOTC.io, an ethereum based exchange, we finally get him in 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!

Thank you very much for your support.

Best regards

Hydro Protocol Team

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