Ten pools, one transaction
Each holds 10% of supply, quoted in a different asset, all opened at the same market cap.
HYDRA
The ten heads
Every pool prices HYDRA independently
Each head is a Uniswap v4 pool holding 10% of supply, quoted in a different asset. The bar under each shows how far that pool has drifted from the median.
◦ drift is measured against the median of the ten pools
reads live from Ethereum
How it works
Seeded one-sided, ten times over
Every pool opens holding nothing but HYDRA — no paired asset is bought to start them. Buyers supply the other side as they trade, so each pool fills up with its own quote asset over time.
All ten open in a single transaction at the same market cap. After that they move independently, which is why the ten numbers above are rarely identical.
01
02
One-sided seeding
No paired asset is bought to start. Buyers supply the other side as they trade.
03
Prices diverge
From the first block onward each head finds its own price. The median is the reference.
The 3% fee
Paid in the paired asset
Every trade pays 3%. The paired-asset side goes to the treasury; the HYDRA side is burned on collection, permanently reducing supply.
The same 3% applies in both directions on all ten pools, so moving between them is never free. Expect the ten prices to sit in a band around the median rather than in lockstep.
3%
per trade
10
pools charging it
100%
HYDRA side burned
Contracts