Hydra HYDRA

Hydra is distributed through what the project calls Proof of Liquidity (PoL), or liquidity-to-earn. According to the site, there were no presales, and HYDRA is given out only to those who provide liquidity. Liquidity providers earn swap fees plus newly issued HYDRA through DeDust's pool-reward (boost) feature. The team says it chose DeDust in January 2024 because the exchange already had a feature like the one Hydra had planned to build itself. It also says it built a Telegram bot, @TONHydraBot, to make DEX use easier for beginners.

According to the project's site, the total supply is 10,000,000 HYDRA, and 99.34% of it is meant to be paid out as liquidity rewards over about 100 years. The home page says 8,500,000 HYDRA are locked on TonRaffles for future pool rewards, while the About page gives 8,470,000 HYDRA (84.7%). Another 1,434,000 HYDRA are locked on DEX reward contracts. The remaining 0.66% went into the initial liquidity, and the project says those LP tokens were burned. The site states that the creator holds no free coins and bought all of his HYDRA on the market. The project's ton.app listing describes the farming as designed for decades, with only 100,000 HYDRA mined per year.

The team says the name and logo refer to the mythical Hydra, with ruby heads standing for liquidity pools. The honeycomb in the logo stands for arbitrage bots, which the team calls bees, moving liquidity between pools. The team's stated aim is a product with its own farming mechanics that also supports abandoned or struggling tokens. It says Hydra backs about five tokens whose creators left their holders, letting those holders turn them into liquid assets.

In its TON Culture Kings series, where the TON Foundation looks at coins in the TON ecosystem, the foundation featured Hydra in an interview with the team. The interview introduces Hydra as a coin with a Telegram Mini App meant to make using the TON blockchain simpler and to bring new life to the ecosystem's NFT market. The project reposted the interview as a Russian translation by Ihor.ton dated July 23, 2024, noting that some of its data is already out of date. The project's mentions page also lists a TonResearch review, HYDRA COIN - The Real Decentralization, from April 3, 2024, and a DYOR blog review from May 19, 2024. In the interview the team also recounts that its original partner service, @XlsSwapBot, was hacked and 1,000 HYDRA were never returned.

In the TON Culture Kings interview the team names a CEO called Sonya, in charge of strategy and partners, and says the TON Foundation holds his full details. Ihor.ton coordinates development and design, writes texts and code, and handles partnerships, brand identity and moderation. Development is credited to Taiga.Labs, described as graduates of Bauman University, with a developer named Mikhail thanked. At the time the team said it had worked with TON for more than two years. The project site's footer links a GitHub profile called UberKuper.

The project's site lists trading on DeDust, STON.fi and Tonco, with its main pair on DeDust pairing HYDRA with Gram, the native coin of the TON network. That DeDust pool is also tracked on GeckoTerminal, and a CoinGecko page for Hydra links to the project's website. The official channels listed on the site are the Telegram channel @Ton_HYDRA_Community, the Telegram forum @Ton_HYDRAcoin, a private chat, YouTube @Hydracoin, X @ton_hydra and TikTok @ton.hydra. The team says it holds 10 to 15 AMA sessions a month and publishes YouTube tutorials.

In the TON Culture Kings interview, the team says it is making a game called Farmizen that will work directly with DEX mechanics, in particular liquidity provision and swaps. TON DOODLES was to be the first NFT collection integrated into Hydra's ecosystem, and the team says its HYDRANTS NFTs will give players extra bonuses and include a token mining mechanism on its smart contracts. At the time the team said it could not yet share many details about the game. The project's blog was still being updated in 2025, with a post by Ihor.ton on buying Telegram gifts dated May 30, 2025.