Hydration launches decentralized lending platform on Polkadot

Hydration has announced the launch of Hydration Money Market, a decentralized lending platform. The new platform allows users to offer cryptocurrencies as collateral, earn interest on deposits, and borrow various crypto assets. The platform is built on top of the Polkadot blockchain and emphasizes the efficiency and innovation of the decentralized finance (DeFi) ecosystem. Hydration introduces on-chain priority clearing, a mechanism designed to minimize losses and prevent exploitation during liquidation events.