With June passing, we shifted gears from the open Alpha launch toward open Beta and Mainnet readiness. Our focus is still on refining the product and resolving bugs flagged by early testers, but also on finalizing features that will define the next phase of our DEX. Read more in this latest edition of our monthly recap.

Stability, Speed, and Smart Swaps

June was indeed a month of rapid iteration. With our open Alpha now live, dozens of community-sourced issues and suggestions helped guide improvements and troubleshooting for our next build. Among other, here’s what’s delivered in terms of buggies and UX improvements:

• UI glitches when using VPN or swapping with “max” inputs
• Channel balance update issues
• Start-up errors like “Node Error” on page refresh
• New channel closing options and earned fee display for Liquidity Pools
• Dozens of small but meaningful UI/UX upgrades

All of these refinements are part of the broader goal of making the Hydranet experience intuitive, fast, and reliable for both professionals and everyday traders.

Remember, the Alpha build of the Hydranet DEX is indeed live and accessible to everyone, so make sure you check it out and share your thoughts and feedback with the team!

One of June’s most significant breakthroughs was the introduction of the Multi-Pair Swap functionality. Until now, Hydranet supported swaps only between direct trading pairs — such as BTC ↔ ETH or ETH ↔ USDC. This meant users could only trade between pairs that were explicitly available on the platform.

With Multi-Pair Swaps, Hydranet can now automatically route trades between multiple pairs to execute swaps between non-direct assets. For example, a user can now effortlessly swap BTC ↔ USDC, even though there is no direct BTC/USDC pair, by routing the trade through BTC ↔ ETH and then ETH ↔ USDC.

This feature brings greater flexibility and delivers a user experience more in line with modern DEX platforms. It also enables more efficient use of order book liquidity, as liquidity no longer needs to be fragmented across every possible trading pair. Instead, the system can dynamically route through existing pairs.

The new feature required an order book redesign and UI updates, both of which were delivered to our team internal build.

Roadmap update

In late June, we published our updated roadmap outlining Hydranet’s priorities for the rest of the year. As we shift from Alpha to Beta and Mainnet readiness, our focus is now centered around three strategic pillars:

1. Security First

• Extensive testing and hardening of the EVM Watchtower system
• Potential integration of Talaia Labs’ Lightning Watchtowers
• Ongoing internal and external reviews as we prep for Mainnet

2. Lithium Finalization

• Final edge case testing and improvements
• Audit preparation for protocol verification
• Laying the groundwork for long-term resilience of our off-chain tech

3. Open Beta and Mainnet

• Open Beta targeted for July 2025
• Focused on stability, liquidity, and performance
• Several long-awaited features scheduled for release to users

Furthermore, we’re finalizing the remaining features and edge cases to complete the Lithium protocol. Once this is done, we will proceed with an audit to ensure its robustness and security.

The updated roadmap is also reflected on our documentation page.

Community Momentum & Hiring

Hydranet is growing and in June we posted an application looking for a Social Media Manager to help spread the word about us as we head toward Mainnet. The best voices do indeed come from within, that’s why we’re hiring from within our community!

We’ve received several strong applications and are now in active conversations with a few promising candidates. Exciting things are ahead as we work to bring more Hydranet energy to the wider world.

Updates Looking Ahead

For over three years, 164 consecutive weeks, we’ve delivered weekly development updates without fail. It’s a level of transparency that has been a core part of our journey, helping our community grow alongside the disruptive tech.

Now, as Hydranet enters a new phase focused on scaling, stability, and Mainnet readiness, we’re evolving our communication strategy to match. From here on, updates will be shared more strategically and impactfully, timed to coincide with major development milestones and coordinated marketing pushes. It’s a small change that reflects a big shift. We’re no longer just providing the tech, we’re preparing to scale a decentralized and community-owned platform for global impact.

Thank you for being with us this far and let’s continue shaping the future of DeFi!

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