Hydra (HYDRA) — price, overview & secure storage
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Last Updated on Jul 26, 2026 10:43 AM
What is Hydra? Complete guide to HYDRA
What is Hydra and who created it?
Hydra is a proof-of-stake (POS) blockchain that emerged from the combination of three major blockchain technologies: Bitcoin, Ethereum, and Qtum. It aims to leverage the strengths of these platforms to create a robust and versatile blockchain solution.
Key features of Hydra blockchain
Hydra operates using the UTXO (Unspent Transaction Output) accounting model, which is a method used by Bitcoin to track ownership of cryptocurrency. This model is known for its security and efficiency. Additionally, Hydra supports the Ethereum Virtual Machine (EVM) as an additional layer, allowing for the execution of smart contracts and decentralized-applications-dapps/">decentralized applications (dApps) on its network.
How Hydra transactions work
By integrating the UTXO model with EVM support, Hydra provides a unique platform that combines the transaction efficiency of Bitcoin with the programmability of Ethereum. This dual-layer approach enables developers to build and deploy smart contracts while benefiting from the security and scalability features inherent in the UTXO model.
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Similar cryptocurrencies to Hydra (HYDRA)
| Asset | 24h % | Market cap | |
|---|---|---|---|
 Bitcoin BTC | $64,487.46 | 0.83% | $1.29T |
 Ethereum ETH | $1,885.21 | 1.61% | $0.23T |
 Tether USDT | $0.9991 | 0.01% | $0.18T |
 BNB BNB | $570.77 | 1.04% | $76.00B |
 USDC USDC | $0.9999 | 0.00% | $72.55B |
Frequently asked questions about Hydra (HYDRA)
- Hydra is a cryptocurrency built on a decentralized network, enabling secure and transparent transactions. Its blockchain design supports various use cases depending on the project’s goals.
- Hydra offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- HYDRA represents the same asset as Hydra. The ticker is simply a short label for trading and listing purposes.
- You can buy Hydra using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- Store Hydra in a non-custodial wallet where you control your keys. Tangem hardware wallets offer strong offline security.
- Hydra (HYDRA) isa permissionless, open-source, proof-of-stake blockchainthat was developed by the team behind LockTrip in 2018.
How to store Hydra securely with a hardware wallet
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why Tangem is a trusted Hydra hardware wallet
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Online Support. Fast support for your needs. Live chat and email support for customers from all over the globe.
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