Hydration DEX · Polkadot

PAXG (Omnipool)

Overview

The Hydration DEX PAXG pool on Polkadot is a single-asset liquidity position where suppliers earn yield by providing PAXG, a gold-backed stablecoin, to the Omnipool. The protocol generates revenue from trading fees and distributes it among liquidity providers.

Total APY of 6.51% comprises base returns of 0.81% plus rewards of 5.71%. Over the past week, the APY trended up by 0.07%, while over the last month, it increased by 5.47%, which is above the 30-day mean of 3.70%.

TVL stands at $813K with no reported change over the past seven days; primary exposure here is smart-contract risk due to its single-asset nature. This pool benefits from liquidity depth, enhancing trading efficiency and fee generation potential for providers.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Current APY is 0.82%; 30-day mean is 2.86%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 79% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.