Next-generation network transport layer protocol for hybrid decentralized exchanges.<br />
Hydro is a network layer protocol for high performance decentralized exchanges and marketplaces with built-in incentives for coordination.<br />
The Hydro Protocol (HOT) defines the rules for executing decentralized orders and provides the mechanism for order matching. Hydro utilizes 'Federated Liquidity Pools' (FLP) to address the issue of liquidity sharing among various decentralized exchanges.
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