Hydranet is for some absurd reason going completely under the radar for most people, and I honestly don't understand how a project as this one is valuated anything LESS than 200-300 mio marketcap, without exaggerating Huh

They've built their own multi currency light wallet, supporting: ETH, BTC, LTC, USDC, USDT, HDN and more will follow.

Within this wallet, you can send/recieve/trade your assets without compromising on your custody of these. This project makes use of The Lightning Network, and Connext (similar to Lightning, but built for Ethereum), meaning you can trade for PENNIES, pretty much instantly. Wink

This means, you can trade native BTC for ETH, without bridging between chains, or by using wrapped assets, such as wBTC.

For anyone who has ever traded on Uniswap, especially during the bullruns, fees can run up to CRAZY amounts, which sucks!

This beast of a DEX is going public this quarter, which is why it has been one of the most appreciating assets over the past week.

Hydranet is built on Arbitrum. The token itself is not needed to use the DEX, but holders are getting up to 25% fee reduction while trading, which is pretty awesome if you're running bots with huge volume.
The DEX itself will also use the trading fees for buy-backs, similar to how Binance does it. Only difference is, fees collected are used to buy HDN, which is then burned from the total supply.

Website: https://hydranet.ai/
Coinmarketcap: https://coinmarketcap.com/currencies/hydranet/

This one is a hidden gem, the potential here is massive, considering it's insanely low marketcap still. If it gets a marketcap similar to Uniswap eventually, you're looking at $26/token, and that's in a bear market Wink

The only down side for this project is, that the DEX itself isn't web-based. There's no such thing as web-based Lightning nodes (yet), but who knows, the possibilities are endless.

If you remember the Exodus wallet back in time, where you could swap your coins whenever you felt like it, without KYC - This works practically the same way, using the "Simple Swap" feature, which is for newbies, who don't want to use the actual DEX.