
HydraDX is a next-gen DeFi protocol which is designed to bring liquidity to Polkadot. Its tool for the job is the HydraDX Omnipool - an Automated Market Maker (AMM) which unlocks efficiency by combining all assets in a single trading pool.
Although 'HDX' was the ticker assigned at the deployment of the HydraDX token's smart contract, it is in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this association and to avoid confusion in the marketplace, the alternative ticker 'HYDRADX' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.