Introduction

Hydranet is a decentralized off-chain communication protocol that leverages state channel technology to enable lightning-fast, cost-effective, and secure transactions across multiple blockchains. By integrating the Bitcoin Lightning Network and the in-house developed Lithium protocol for Ethereum Virtual Machine (EVM)-compatible chains, Hydranet enables users to trade native assets across different chains without the need for wrapped or pegged tokens. 

Unlike traditional blockchain-based trading, Hydranet’s off-chain transactions eliminate the need for network confirmations, delivering a frictionless, centralized exchange-like experience while ensuring users retain full control of their private keys. Users access Hydranet through the Hydranet Wallet—a Web3, off-chain-ready, multi-currency wallet designed for seamless, secure cross-chain trading and payments.This is decentralized finance as it was meant to be - secure, efficient, and truly in your hands.

Hydranet is upheld by two main network roles: Titans and Guardians. These roles maintain the stability and security of the network, enabling Hydranet users to leverage the power of off-chain trading and transactions. Both Titans and Guardians are supported by HDN token holders, who can earn substantial rewards for their contributions to the network. 

Hydranet is developed and continually enhanced by the Hydranet DAO, a Decentralized Autonomous Organization committed to pushing the boundaries of what's possible in decentralized finance. With Hydranet, you're not just a user, you're a pioneer. Join us on our journey and experience crypto as it should be!

Features

Hydranet stands out as a combination of essential functionality and advanced capabilities, making it a unique solution in the crypto space: 

• Self-Custody: Retain complete control over your crypto private keys.
• Multi-currency: Manage a range of assets including Bitcoin, ERC20, and SOL with a single seed phrase, directly from your browser.
• Platform-independent: Access your wallet across all devices using your preferred browser.

Advanced capabilities:

• Cross-Chain trading: Effortlessly trade any supported asset across multiple popular blockchains.
• Blockchain bridging: Hydranet is one of the cheapest bridging solutions for transferring funds between blockchains.
• Order book trading: Experience the enhanced flexibility of placing limit and market orders on an advanced, off-chain order book.
• SimpleSwap interface: Engage in a streamlined trading experience akin to popular on-chain DEX platforms.
• Atomic swaps: Trades are executed and validated directly between the trading peers, bypassing centralized entities and boosting scalability.
• No network fees: Enjoy cost-efficient trading without gas/network fees, all while maintaining full custody of your funds at all times.
• Endless scalability: Trade without being affected by the state of the underlying blockchains.
• Off-chain payments: Pay for goods and services over the Lightning (BTC) and Lithium (EVM) networks with ease.

Innovations

In addition to its unique capabilities, Hydranet offers a suite of innovations as a result of years of diligent research:

• Lithium protocol: Hydranet’s off-chain protocol for Ethereum and other smart contract based blockchains.
• Decentralized off-chain order book: An order book used for off-chain trading via state channels.
• Browser Lightning nodes: Lightning network nodes running inside any and all browsers, allowing users to connect to the Lightning network by just opening their preferred browser. 
• External off-chain signer: Securely sign off-chain transactions using sensitive data (private keys) stored outside the off-chain node, similar to the on-chain functionality of, for instance, MetaMask and Ledger.