HydraDX is a next-gen DeFi protocol which is designed to bring an ocean of liquidity to Polkadot. Our tool for the job the HydraDX Omnipool - an innovative Automated Market Maker (AMM) which unlocks unparalleled efficiencies by combining all assets in a single trading pool.
- Network website: https://hydradx.io/
- Network Twitter: https://twitter.com/hydra_dx
- Network Discord: HydraDX Discord
- Network Telegram: Telegram: Contact @hydradx
Q1: Is the Blockchain Code Open-Source (and include Github link)?:
If parts of the code are not open source: please provide information on why not
- A1: Yes, can check in the Github : GitHub - galacticcouncil/HydraDX-node: HydraDX node - cross-chain liquidity protocol built on Substrate
Q2: Is Sudo-enabled on the Network? If Sudo is disabled, is the Network controlled by a select group of addresses?
A2: Sudo is disabled, all changes to the protocol must pass through public referedums,
although there is a Technical Committee and a Council (13 in total, 7 community seats and 5 core contributors (GalacticCouncil)
Q3: Is the Network controlled by a select group of addresses (<50 addresses)?
- A3: No, all changes must pass through public referedums
Q4: Have you completed full testing of this integration in Moonbase Alpha?
- A4: Yes
Q5: (For Moonbeam XCM/HRMP Proposals Only) Does your network have a Kusama deployment? If yes, please provide Network name and whether your Kusama deployment is integrated with Moonriver
- A5: Yes our parachain in Kusama is called Basilisk and not have integration with Moonriver
Q6: Is your blockchain code Audited? If yes, please provide: i. the name of Auditors, ii. dates of audit reports and, if available, links to audit reports.
A6: The security audit of the Rust implementation of the HydraDX Omnipool was performed by Runtime Verification - an established industry leader with clients such as NASA, Ethereum and Polkadot. The scope of the security audit includes the source code of HydraDX Omnipool pallet, its mathematical logic and asset registry, as well as 3rd party libraries which have been included as a (Substrate) dependency. The results of the audit were published in September 2022, you can consult the full report here.
In March 2022, the economic/math audit of the Omnipool was completed by BlockScience - a leading web3 native firm dedicated to analyzing complex systems for the likes of Graph Protocol and Protocol Labs (Filecoin). The scope of this audit was to provide an overview of the AMM specification with a special attention to the mathematical and economic concepts underpinning the Omnipool, together with the implications of those mechanisms for liquidity provisioning and trading activity. You can consult the full report here, including our addendum with post-factum changes.