Polkadot's Largest DeFi Hub Is Seeing Huge Volume
Hydration (
@hydration_net), the largest DeFi platform on
@Polkadot, saw a strong TVL increase of +10.1% in the last 30 days, to $56.6M.
In stark contrast to other parachains, which fell between 6% and 89%, and alongside the tokenomics improvements introduced, this is the clearest bullish signal in Polkadot right now.
Hydration is the only chain from the pack that shows a positive 30-day trend – and not even marginally.
The second-best performer is
@AcalaNetwork, with a 5.9% drop instead.
Nevertheless, the increase appears to be a short-term reversal of the longer downtrend (–21% in 90 days, –81.6% in one year).