Hydro Protocol

The Hydro Protocol is a set of smart contracts for creating decentralized non-custodial ERC20 token exchanges. The Hydro Protocol never holds onto its users assets while facilitating decentralized peer-to-peer transactions using its own cryptocurrency token called HOT. The first decentralized cryptocurrency exchange built using the Hydro Protocol was DDEX. 

Investors

ZhenFund
Initialized()
Fintech Blockchain Group
INBlockchain

Funding

Initial coin offering

On June 1, 2018 Hydro Protocol held their initial coin offering (ICO) selling approximately $31.25 million worth of their HOT cryptocurrency token.