What is H2O (H2O)?
The Hydration Omnipool is a novel type of AMM which concentrates all liquidity in a single trading pool, thus unlocking an array of efficiencies. This doc contains a mathematical specification of the mechanics which power the Omnipool. The Omnipool uses H2O as a "hub" token through which all trades are routed, avoiding the segmentation of liquidity inherent to AMMs which require LPs to provide liquidity for a pair of tokens. Both transaction fees and partial impermanent loss mitigation are paid out in H2O.
Where can you buy H2O?
H2O (H2O) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for H2O sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for H2O. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.