Tydro (N/A)

Tydro is a decentralized non-custodial lending protocol with $300M+ TVL built for on-chain capital markets on Ink L2. Protocol operates on a collateralised lending model, where users deposit assets into protocol-managed pools to earn interest, and other users borrow from those pools by providing collateral that exceeds the borrowed amount.

Tydro leverages a battle-tested Aave fork and its proven smart contract infrastructure to provide secure lending markets for over 10 assets on Ink L2. This robust foundation is complemented by a CoW Protocol integration, enabling token swaps directly within the platform for a seamless ecosystem experience.

🪙Trydro token: There’s no public announcement by the team on the potential Tydro airdrop, but according to documentation Tydro protocol has an incentives program. Users who supply or borrow eligible assets on Tydro can earn INK rewards to participate in future $INK airdrop - native token of the Ink ecosystem. 

For more information about how to join Ink airdrop, you can read in our guide. 
 

Considering this info, the CoinLaunch team conducted a comprehensive review of Tydro and found the most notable pros and cons:
 

✅ Pros:

• Smart contract security from Aave: Built on industry-leading, battle-tested architecture.
• Powered by Aave and partnered with Kraken and Chaos Labs;
• 300M$+ Total Value Locked (TVL).
• 130K$ revenue for Q1 of 2026 tracked by Defillama.
• 5k+ 30D Active Users tracked by TokenTerminal.
   

❌ Cons:

• Points Ended Syndrome: most of the liquidity is driven by "Ink Points" farming.
• Below-average Digital Marketing score;
• No backers announced by the plaform;
• The token is not confirmed yet;
• Team is anonymous.