BREAKING: Apillon’s $NCTR token listed on Hydration DEX

The second decentralized exchange to list $NCTR expands its trading options and introduces it to new investors worldwide.

Apillon

Jul 31, 2024 • 4 min read

$NCTR in full flow on Hydration
What does the listing mean for $NCTR holders?
How to acquire $NCTR on Hydration DEX?
How to add to the $NCTR liquidity pool?
Ride the wave of Hydration with $NCTR

Why go with one when you can have three? 📈

In a span of just days, the $NCTR token has been listed on the third exchange in a row, following the MEXC and StellaSwap token listing.

This time around, it ventured into the ocean of liquidity with Hydration DEX.

$NCTR in full flow on Hydration

Apillon’s native token continues making waves in the decentralized world of crypto trading.

The most recent platform to host $NCTR is Hydration (previously HydraDX), a leading Polkadot-based decentralized exchange and next-gen DeFi protocol.

Thanks to Hydration Omnipool, an innovative Automated Market Maker (AMM), the Hydration DEX delivers an ocean of liquidity by combining all assets in a single trading pool.

Unlike fragmented liquidity found on other platforms, Hydration’s unified liquidity pool ensures its traders can enjoy high capital efficiency and lower slippage.

Besides, Hydration addresses the issue of impermanent loss (IL) frequently occuring in AMMs using non-inflationary measures. This way, Hydration’s liquidity providers can experience less IL compared to other platforms’ liquidity pools.

🔎 Learn more about using the Hydration DEX and DeFi platform 👉 here.

What does the listing mean for $NCTR holders?

The $NCTR listing on Hydration represents the third channel for holders and investors to grow their crypto bags, through either simple swaps or liquidity provision.

Being completely decentralized, it allows anyone to execute trades by simply connecting their wallets, and bypassing the hassle of creating an account or doing the KYC.

How to acquire $NCTR on Hydration DEX?

To get $NCTR on Hydration, go to https://app.hydration.net/trade/swap and connect your wallet — Polkadot or EVM-based.

On the right, under Trade assets, choose $NCTR and the token you’re exchanging for it, and set the amount.

If you don’t see $NCTR on the list of assets yet, click “Add new asset”.

In the search field, enter NCTR and make sure the Source is set to AssetHub (where NCTR was minted). Click on it and then “Register on Hydration”.

Next, click “Add to my UI”.

Now, you’re all set! Simply finish the trade by entering the amount of assets you wish to exchange or acquire, hit the “Swap” button and confirm the transaction in your wallet.

That’s it — you’re now a proud owner of the $NCTR token! 💰

How to add to the $NCTR liquidity pool?

The Hydration platform’s DeFi features deliver more opportunities for you to expand your crypto portfolio beyond swapping $NCTR. You can earn fees and rewards by depositing idle tokens into Hydration’s vast Omnipool of token liquidity.

To do that, go to https://app.hydration.net/liquidity/all-pools and connect your wallet. Find the DOT-NCTR pair on the list, and click “Details” on the right to expand the pair’s information.

Or, go straight to https://app.hydration.net/liquidity/isolated?id=1000237 to access the DOT-NCTR liquidity pool.

Next, click “Add liqidity”, and in the pop-up window, enter the amount of assets you’d like to add to the pool, click “Confirm” and approve the transaction in your wallet.

🔎 If you need more guidance on adding liquidity to Hydration, please refer to the platform’s docs 👉 here.

Ride the wave of Hydration with $NCTR

With the third platform added to its trading options, Apillon’s native $NCTR token has been introduced to various communities of crypto investors, both on centralized and decentralized exchanges.

Join them, tap into the trading and DeFi pool of possibilities with Hydration, and grow your bags of $NCTR. 💰🚀

⧓ About Apillon

The Apillon platform serves as a unified gateway to the Web3 services provided by linked Polkadot parachains. Following the multi-chain vision, Apillon powers the transition of developers to Web3, simplifying its adoption in the real economy, and expanding its versatility as the ecosystem grows. With Apillon, Web3 services are within reach for every developer, regardless of their background and experience with blockchain technology.