Hydranet (HDN) - World’s First Layer 3 DEX - Connecting BTC to ETH

Hydranet HDN

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Activity: 133

Merit: 1

Hydranet - Weekly Dev Update #139

X/Twitter: https://x.com/TheHydranet/status/1869848902993633542

Web DEX Frontend
- Lots of debugging and consecutive testing took place in wake of alpha release
- Adding force-close option for Lithium channel
- Started design stage of Liquidity providing tab

Web DEX Backend
- LN payments are causing issues, an according fix has already been found and will be implemented in the next update
- Lithium Channel Rental issues are being worked on with high priority
- New library (Alloy) is being added as remedy
- Lightning synchronization logic has been updated in order to fix rental issues.

Web DEX Orderbook
- Continued work on channel balances validation for placing orders, which should also increase swap success rates
- Special edge case for LP
- Orderbook logic reviewed

New WebDEX Promo Video has been released, please feel free to share and interact:
https://youtu.be/Zs4lVH9cjzo?si=1uUzBXkDD_9JnY_m

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet WebDEX - Multi-Chain Singularity

X/Twitter: https://x.com/TheHydranet/status/1867312061790802142

This week’s Alpha release of the Hydranet WebDEX marks the dawn of a crypto revolution - one that will redefine how cross-chain swaps are conducted.

With this milestone, we’re not just advancing technology, we’re creating a multi-chain singularity, where seamless, self-custodial, and scalable transactions become the new standard in decentralized finance.
Watch the Alpha Release in Action:
https://youtu.be/Zs4lVH9cjzo

Why It Matters:
• Self-Custodial Freedom: Trade assets directly from your wallet, retaining full control.
• Unmatched Speed: Swaps take just 1-2 seconds , with the entire process—from opening the wallet to completing the swap—taking less than 20 seconds.
• Scalability: A future-proof platform designed for the next generation of blockchain innovation.

This is just the beginning. Together, we’re shaping the future of decentralized trading. Stay tuned as we continue to build on this breakthrough!

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet WebDEX - Alpha Release Announcement

X/Twitter: https://x.com/TheHydranet/status/1867304406087348228

History is being made today:
Self-custodial, scalable cross-chain swaps in your pocket!

After months of hard work and dedication, Hydranet’s WebDEX has officially reached alpha status.
The first group of 10 alpha testers now has access to the platform and will soon conduct the first swaps.
Their feedback will be invaluable as we refine the platform and prepare to expand the testing phase.

This marks a fateful milestone in the journey of Hydranet, bringing us closer to making the Next-Gen Multi-Chain WebDEX available to everyone.
Your unwavering support has been crucial throughout this challenging development phase, and we are deeply grateful for it.

Why is WebDEX a Game-Changer?
Compared to the Core DEX, which required several minutes to synchronize blockchains after you had downloaded and installed it,
the WebDEX enables successful swaps in less than 20 seconds from syncing the wallet until the swap is finished - a significant leap in performance.

What’s Next?
- Broader access to WebDEX alpha testing.
- A fully functional WebDEX release in 2025.
- An evolution in tokenomics and the introduction of new features like Titans and Guardians.

Stay tuned for more updates and get ready to experience the future of decentralized, self-custodial, scalable cross-chain swaps firsthand.
The wait is (almost) over!

https://medium.com/@Hydranet/hydranet-alpha-release-bf6d0021f97a

Hydranet HDN

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Activity: 133

Merit: 1

Hydranet - Monthly Recap #30

X/Twitter: https://x.com/TheHydranet/status/1866600938082803726

We know the focus right now is on the upcoming Alpha release, but true to our tradition, here's a quick recap of November's progress.
November was all about stabilizing and refining Hydranet's off-chain swaps as far as possible.
We saw upgrades to the channel rental manager, capacity validation functions on the orderbook, API improvements, and frontend enhancements,
along with an article explaining and celebrating our first successful off-chain swap.
Read more about it in the November monthly recap:

https://medium.com/hydranet/hydranet-monthly-recap-30-november-2024-c2f9fac8341a

Looking forward, the first 10 Alpha testers have been chosen and invited into the Alpha testnet channels on Discord.
We will try to add more people as soon as possible!

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet’s Web DEX: Alpha release - December 12th 2024

X/Twitter: https://x.com/TheHydranet/status/1865041730514427984

Dear Hydranet DAO community,
we are excited to announce the release date for Hydranet‘s Web DEX Alpha phase!
Mark your calendars for 12th of December and prepare to take the next big step in our journey.

At this very moment, our developers are hard at work stabilizing our off-chain swaps, and we are happy to say that the progress looks promising. In fact, an early version of Hydranet‘s Web DEX has already been pushed for internal team testing!

What will happen next?
In the coming days, we will be preparing dedicated Discord channels to onboard our first wave of Alpha testers. Initially, testing will be organized on a small scale to ensure effective tracking of feedback.

Once we've built more confidence in the platform's stability, we'll expand the testing group to include more participants.

If you haven’t yet read about our first off-chain swap and the mechanics of our orderbook,
now’s the perfect time to catch up:
https://medium.com/hydranet/first-swap-on-web-dex-964a15f0f787

Now share the news with your colleagues and friends, and get them prepared for what’s coming next! 🔥

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet - Weekly DEV Update #138

X/Twitter: https://x.com/TheHydranet/status/1864783891363696973?t=E7o0fnM9zpjf_6_dS03aUg&s=19

Web DEX Frontend
- Swap functionality is being debugged and streamlined for Alpha #release

Web DEX Backend
- Over 100 successful swaps have been registered during today's internal testing 🔥
- Cancel Payment feature has been succesfully implemented
- Order liquidity is being improved

Alpha release date is being finalized. Stay tuned! This is not a drill! 😉

Web DEX Orderbook
- Orderbook tests have been fixed and updated
- Channel validation feature making good progress

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet Web DEX - Alpha Features pt. II

X/Twitter: https://x.com/TheHydranet/status/1863674996893290932

What pairs will be available on the Hydranet WebDEX?
- BTC / ETH
- BTC / USDC
- ETH / USDC

The testnets will be Bitcoin Signet and Ethereum Holesky.

Who will have access first?
Initially, a quite limited number of closed beta testers & waitlist enlisted users will be granted access.
This approach will ensure a controlled and efficient tracking of issues and follow-ups for our developers.
Please don’t forget this is a world first, so some hiccups are to be expected in the beginning.
As soon as we feel confident to support more input, we will continuously increase the access group!

Read more about the first Web DEX off-chain swaps here:
➡️ https://medium.com/hyd.../first-swap-on-web-dex-964a15f0f787

While our Devs are further stabilizing the swap experience, sign up today to participate as soon as possible in the upcoming Hydranet WebDEX Alpha release:
➡️ https://t.co/irUgk7BZno

Hydranet HDN

copper member

Activity: 133

Merit: 1

First successful Swaps on Hydranet‘s Web DEX 🔥

X/Twitter: https://x.com/TheHydranet/status/1862569822745223252

The Hydranet Dev team has achieved the first BTC <> ETH crosschain swaps, using the Lightning and Lithium network!

Pure Bitcoin, pure Ethereum.
No blockchain confirmations, no gas fees - instant, atomic, self-custodial swaps!

The Hydranet DEX will soon be available on your mobile phone too.

Read more about this achievement and how Hydranet’s off-chain orderbook work here:
https://medium.com/hydranet/first-swap-on-web-dex-964a15f0f787 📝

Last but not least - sign up today to participate as soon as possible in the upcoming Alpha release:
https://t.co/irUgk7BZno

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet - Weekly DEV Update #137

https://x.com/TheHydranet/status/1862221658783981752

Web DEX Frontend
- Minor issues with the swap page are being fixed

Web DEX Backend
- Identified swap issues are being debugged
- Lithium bug with parallel payments has been fixed by processing swaps sequentially instead; working on a solution for simultaneous parallel swaps
- Issues with maximum amount payments have been solved
- New etherscan API has been implemented, replacing Covalent API

Web DEX Orderbook
- Ability to move liquidity has finally been fully debugged
- Authentication service has been updated
- Work on channel balances validation implemention has started

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet - Weekly DEV Update #136

X/Twitter: https://x.com/TheHydranet/status/1859720433848778909

Web DEX Frontend
- New DEV packages have been implemented
- Minor issues regarding liquidity movements from buy to sell have been identified and are being tackled
- Aiming for Alpha release candidate, known bugs are now being ironed out in order to improve user experience

Web DEX Backend
- Backup Service feature is continued being worked on
- Channel registry functionality completed
- Channel capacity validation feature is being worked on
- Tests are being performed on migrated authentication service

Other
- Alpha Guides are being worked on
- More info on Alpha Release will be published in the next days/weeks!

🔥 You can still apply for the upcoming Hydranet WebDEX Alpha phase right here: 🔥
https://t.co/irUgk7BZno

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet - Weekly DEV Update #135

X/Twitter: https://x.com/TheHydranet/status/1857161487225073810

Web DEX Frontend
- Made great progress regarding swap information on transactions page

Web DEX Backend
- Further work on swap functions
- Encountered environmental and compiling issues with linux which were resolved
- Big update of the orderbook and order matching engine deployment to server/hub has been kicked off

Other
- Alpha release is being prepared. If you haven’t joined the waitlist yet, join now!
https://shorturl.at/8aDsN
- Added more info on our website:
https://www.hydranet.ai/resources
- Monthly recap has been published:
https://x.com/TheHydranet/status/1855737925809631473

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet - Weekly DEV Update #134

X/Twitter: https://x.com/TheHydranet/status/1854637114593272270

Web DEX Frontend
- More swap tests are being prepared for once backend services have been updated accordingly
- Pull requests to improve UI and UX are being reviewed

Web DEX Backend
- Completed work on Rental Manager update, channels are now closing as intended
- Infinite pending issue when trying to send funds and decimal rounding bug have been resolved
- New Channel Rental Manager is being prepared for closed beta testers

Web DEX Orderbook
- Worked on function for placing limit orders
- Order matching logic has been updated
- Tests for order server have been updated
- Validation for open channels when placing orders is being implemented

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet - Weekly DEV Update #133

X/Twitter: https://x.com/TheHydranet/status/1852244822846783673

Web DEX Frontend
- Swap logic received substantial amount of feedback and debugging

Web DEX Backend
- Rental Manager has been debugged, and underlying logic has been updated
- Review call has taken place regarding Channel Backup Service and Limit Orders
- A new Authenticator Service has been introduced

Web DEX Orderbook
- Tests for the entire orderbook have been scheduled and carried out
- Began adding checks to validate liquidity and channel amounts
- Researching a trading history feature

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet - Recent Updates

X/Twitter: https://x.com/TheHydranet/status/1851026316289822778

Dear Hydranet Community
Don't miss out on our latest updates!

This past week, we launched our brand-new website, complete with the first version of the Hydranet Resources Page.
Plus, we've officially opened applications for our exclusive Alpha Waitlist!
We’re looking for users eager to dive in, test, trade, and join competitions that will put the Hydranet Wallet and DEX through their paces.
If you’re ready for the challenge, we’d love to have you on board.

Website
https://www.hydranet.ai/

Resources Page
https://www.hydranet.ai/resources

Alpha Waitlist Application:
https://docs.google.com/forms/d/e/1FAIpQLSf1pw5yE9f3JKJtcbZIvaraug6Che52t0dV-v1YwIXpVSLdCQ/viewform

Apply now to secure your spot and help us gather valuable feedback to streamline our upcoming flagship services!

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet - Weekly DEV Update #132

X/Twitter: https://x.com/TheHydranet/status/1849587453142643121

Web DEX Frontend:
- Continued development of #SimpleSwap UI, implementing first swap functions backend

Web DEX Backend:
- Fixing #Lithium bugs related to channel state storage, announcement messages, network authentication messages, and more.
- Fixed Lightning bug
- Exposed order matching events to frontend. Frontend can now react on these events
- Fixed new layers on gRPC server
- Continued work on the state channel backup service

Web DEX Orderbook:
- Fixed issue with matching limit orders, resulting in a new matching order logic
- Working on logic for matching liquidity pool orders against liquidity pool orders
- Added unit tests for new matching order logic

Hydranet HDN

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Activity: 133

Merit: 1

Hydranet - Alpha Waitlist is Now Open!

X/Twitter: https://x.com/TheHydranet/status/1848377168541229079

The time has come! We are thrilled to announce the release of our Alpha waitlist.
We’re now accepting users who are ready to help us test, trade, and participate in competitions designed to stress test our wallet and DEX.

This marks the beginning of an exciting journey, and we couldn’t be more eager to have you all with us as we work towards building one of the greatest decentralized platforms to date.

Join the Waitlist Now:
https://docs.google.com/forms/d/e/1FAIpQLSf1pw5yE9f3JKJtcbZIvaraug6Che52t0dV-v1YwIXpVSLdCQ/viewform

In the form, you can provide your information and any referral email addresses.
Stay tuned as we announce the exciting incentives and full details of the Alpha programs as we approach the launch!

Let’s shape the future of DeFi together.

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet - New Website Unveiled

X/Twitter: https://x.com/TheHydranet/status/1847669575250309231?t=6eGmcnxBf7jHAYSi1gP1Hw&s=19

Over the past few weeks, our talented new designer, Geronimo, has been hard at work crafting a sleek, modern look for our website.
The update shines a spotlight on our cutting-edge Web3 Wallet and its powerful features, while also giving the docs page a big overhaul.

Everything is coming together beautifully, and there’s more on the horizon, so stay tuned!
Geronimo has also been creating fresh Discord banners and will collaborate with the team to streamline the UI of our coming off-chain DEX.
Explore the new site now: https://www.hydranet.ai/

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet - Weekly DEV Update #131

X/Twitter: https://x.com/TheHydranet/status/1847025909712163011

Web DEX Frontend:
- Simple Swap UI page is making good progress

Web DEX Backend:
- Closed beta reported bugs are being fixed and debugged
(e.g. loop after opening LN channel and refreshing wallet; issue when counterparty does not resolve payment, etc.)
- Continued work on swaps
- Feature to estimate market order on frontend is being worked on

Web DEX Orderbook:
- Working on "removing liquidity" order logic and setup tests accordingly
- Developing solutions for edge cases regarding matching liquidity orders for other liquidity orders
- More functions are being lined up (rental manager improvements, user liquidity validations, orderbook state

Hydranet HDN

copper member

Activity: 133

Merit: 1

Introducing Hydranet's Engage-to-Earn Initiative! 🌟

We’re thrilled to roll out a new engagement system, brought to you by our friends at Siva!
This initiative rewards our amazing community with micro HDN (µHDN) for staying active and engaged on Discord and http://X.com!

Here’s how to get started:
🟢 New Discord Channels: "engage2earn" & "tweet2earn"
In these channels, you’ll be able to earn µHDN and experience points (XP) by actively engaging with the community.
Whether you're chatting in channels or reacting to announcements, you'll earn rewards while connecting with fellow members.

🟢 Earn More with "Tweet2Earn"
By connecting your http://X.com account, you can paste URLs from posts or comments containing
@TheHydranet and/or $HDN to earn more µHDN and XP.
This helps support Hydranet across social media as we move through Waitlisting, Alpha, Beta, and Mainnet phases.

Getting Started is Easy:
1. Engage:
Jump into any channel on our official Discord server (https://discord.gg/hydranet) and start chatting!
You can check your balance using the /balance command in the ⁠💰・engage2earn channel.

2. Connect http://X.com:
Link your http://X.com account, and after completing the prompts, share your http://X.com post URL in the tweet2earn channel using our accepted tags to start earning rewards!

Stay active, have fun, and start earning with Hydranet's Engage-to-Earn!

Hydranet HDN

copper member

Activity: 133

Merit: 1

Hydranet - Weekly Update #130

X/Twitter: https://x.com/TheHydranet/status/1844477194506207542

Web DEX Frontend
- New #Web3 Wallet Build has been compiled and was already pushed to closed beta testers
- Continued improving user experience

Web DEX Backend
- Minor bugs are being dealt with in order to enable swaps
- HydraApp API functions for market buy/sell amounts and prices have been updated
- Spot mechanics on orderbook side and invoices are being reviewed
- The "remove liquidity" function is being reviewed
- PRs regarding Channel Backup Service are being reviewed

Web DEX Orderbook
- Orderbook has undergone various adjustments for newly implemented liquidity tick architecture and new unit tests have been added accordingly
- "Remove liquidity" logic is being streamlined
- Network authentication functions are being developed

Topic: Hydranet (HDN) - World’s First Layer 3 DEX - Connecting BTC to ETH (Read 2240 times)