Hydranet (HDN) First Layer 3 DEX, which offers instant, virtually feeless trading between BTC, ETH, USDT, and many more. Their DEX is live, and working, as can be seen here, comparing Thorchain And Hydranet:
https://www.youtube.com/watch?v=8SJsAUx-hJA&t=11s -
Fees collected from the DEX will be paid in ETH to token holders. If Hydranet dethrones Thorchain, we're looking at a 180x from here, which is pretty damn good.
from the start, i'm already invested in this. That info is wrong, there is no payment to token holders. The advantages of holding the token is % fees reduction for using the dex and beeing able to participate in the network as a guardian/titan (DYOR if you want to know what these functions are). There is no staking or free stuff from holding the token. One of the best advantages over Thorchain (from my point of view) is that transactions are done trustless, not with the usual third party actor. The product is already out, unfortunately as a downloadable app (which is frowned upon in the crypto world) so that's why because of their own inhouse developed tech, a webdex is on the works.
Hope this helps!