HydraDX is a Substrate-based, open, and permissionless cross-chain liquidity protocol for the Polkadot ecosystem. It enables frictionless liquidity for all cryptoassets with the first of its kind multi-asset liquidity pool — the HydraDX Omnipool. In the Omnipool, various assets аrе priced against each other by using the LRNA token as a proxy for determining their relative value. With the Omnipool, HydraDX breaks with the traditional conception according to which assets are traded in pairs using isolated pools, allowing for much greater capital efficiency through reduced liquidity fragmentation.

HydraDX benefits from the shared security, speed, and flexibility of the Substrate framework while remaining optimized for a single purpose: enabling fluid programmable value exchange.