HYDT Protocol

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

Retrieving the reserve BNB balance for TVL. Retrieving the staked amounts for HYDT from the earn (HYDT staking) contract and the LP Tokens from the farm contract for staking.

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

HYDT Protocol's governance or utility token carries a market capitalisation of 83.736,2 $ based on circulating supply at the latest DeFiLlama snapshot. Token market cap (83.736,2 $) and TVL (91.967,3 $) trade close together, giving a mcap/TVL multiple of 0.91× — broadly the range market participants treat as "fair" for an established DeFi protocol. A further 71.162,3 $ sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Oct 24, 2023
   Auf DeFiLlama gelistet

HYDT Protocol operates in the Yield category of DeFi. It is deployed on Binance. The codebase has been independently audited (1 report on file).

HYDT Protocol is a single-chain protocol, deployed exclusively on Binance — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Binance, Binance-staking, staking), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Token market cap (83.736,2 $) and TVL (91.967,3 $) trade at a ratio of 0.91, in the range generally considered normal for an established DeFi protocol.

Verified external resources for HYDT Protocol — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

HYDT Protocol is one of 7 Yield protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Pendle, Spark Savings, Convex Finance, and 3 more. These peer protocols collectively secure 5,2 Mrd. $ in deposits, giving you a frame of reference for whether HYDT Protocol's own TVL is at the top, middle, or tail of the category.

Pendle

TVL 2,3 Mrd. $ · 24h +0.37%

Spark Savings

TVL 1,4 Mrd. $ · 24h +0.35%

Convex Finance

TVL 722,7 Mio. $ · 24h +0.66%

Multipli.fi

TVL 342,7 Mio. $ · 24h -0.01%

Strata Markets

TVL 259,5 Mio. $ · 24h +0.70%

infiniFi

TVL 177 Mio. $ · 24h +1.74%