Hydranet, a leading off-chain trading expert, has launched the Hydranet DEX, a Layer 3 trading platform that enables trustless, cost-effective, and near-instant cross-chain trading. This mainnet beta release marks a significant milestone for the project, which has seen impressive growth and has a promising roadmap ahead. The Hydranet DEX connects the Bitcoin and Ethereum ecosystems, allowing users to seamlessly trade between them using off-chain protocols such as Lightning and Connext Vector. These protocols enable transactions with minimal fees, instant transaction times, high privacy, and trustless operations. The platform includes a self-custodial wallet, a state channel management interface, and an order book for trading on its Layer 3 exchange. Trades are secured using Hashed TimeLock Contracts (HTLC) to ensure the agreed-upon terms are met. The Hydranet DEX currently supports four trading pairs, bridging Bitcoin, Ethereum, and Arbitrum blockchains. Adding support for additional trading pairs and networks is straightforward. Hydranet emphasizes that this is just the beginning of its cross-chain future, with more developments to come. Users can learn more about Hydranet and the Hydranet DEX on their official website and stay updated through their Discord and Twitter channels. Hydranet is a Decentralized Autonomous Organization focused on building the world’s first Layer 3 off-chain decentralized exchange, prioritizing trustlessness, efficiency, and scalability.

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Information	Details
Geography	Europe
Countries	🇩🇪
Sentiment	positive
Relevance Score	6
People	Joe Park
Companies	Hydranet
Currencies	Hydranet, Bitcoin, Ethereum, Aave USDT, Aave ETH v1
Securities	None