So what is Hydra?
Hydra is the largest in the CIS, and according to ChainAnalysis in the world, a darknet trading platform that sells goods and services related to the criminal world. It is called a trading platform due to the fact that the site itself does not sell anything, but is only an intermediary between the buyer and the seller.
In very simple terms: Hydra is a huge bazaar on the Internet that rents out places for traders from the criminal world.
A little background
It all started with Silk Road. This is the first large anonymous online trading platform that operated from 2011 to 2013. We can say that this is the Father of the Hydra.
For 2012-13, annual sales through Silk Road were estimated at $ 14-15 million
On October 2, 2013, William Ross Ulbricht, owner of the Silk Road site, was arrested in San Francisco. He is accused of drug trafficking, hacker attacks and conspiracy to launder money. The agents were able to arrest him thanks to a package discovered by the Canadian government with nine fake documents sent to San Francisco, which Ulbricht planned to use to rent servers for Silk Road.
After the closure of Silk Road, it was replaced by Hyrda and RAMP.
RAMP (Russian Anonymous Marketplace) is a drug selling site that exists on the darknet. It was launched in September 2012 by a man hiding under the pseudonym Darkside.
Already by 2014, the site had become the longest-lived marketplace on the darknet. Its annual turnover reached 24 billion rubles, but in 2017 RAMP started having problems. So, in July 2017, RAMP closed completely.
From this moment the Great History of Hydra begins. The site, which once people simply bypassed (most preferred RAMP), became the main one.
What is for sale on Hydra?
Of course, the site became famous thanks to the sale of drugs, but this is not its entire spectrum. In addition to drugs, on the site you can buy counterfeit banknotes, hacker services, fake documents, weapons and many other prohibited goods and services.
Where and how much does Hydra earn?
I already said that Hydra does not sell anything, but even so, she has good sources of income:
- 3% commission for transactions from $ 3k to $ 10k
- 2% commission on transactions from $ 10k to $ 30k
- 1.5% commission for transactions from $ 30k
Hydra is the largest in the CIS, and according to ChainAnalysis in the world, a darknet trading platform that sells goods and services related to the criminal world. It is called a trading platform due to the fact that the site itself does not sell anything, but is only an intermediary between the buyer and the seller.
In very simple terms: Hydra is a huge bazaar on the Internet that rents out places for traders from the criminal world.
A little background
It all started with Silk Road. This is the first large anonymous online trading platform that operated from 2011 to 2013. We can say that this is the Father of the Hydra.
For 2012-13, annual sales through Silk Road were estimated at $ 14-15 million
On October 2, 2013, William Ross Ulbricht, owner of the Silk Road site, was arrested in San Francisco. He is accused of drug trafficking, hacker attacks and conspiracy to launder money. The agents were able to arrest him thanks to a package discovered by the Canadian government with nine fake documents sent to San Francisco, which Ulbricht planned to use to rent servers for Silk Road.
After the closure of Silk Road, it was replaced by Hyrda and RAMP.
RAMP (Russian Anonymous Marketplace) is a drug selling site that exists on the darknet. It was launched in September 2012 by a man hiding under the pseudonym Darkside.
Already by 2014, the site had become the longest-lived marketplace on the darknet. Its annual turnover reached 24 billion rubles, but in 2017 RAMP started having problems. So, in July 2017, RAMP closed completely.
From this moment the Great History of Hydra begins. The site, which once people simply bypassed (most preferred RAMP), became the main one.
What is for sale on Hydra?
Of course, the site became famous thanks to the sale of drugs, but this is not its entire spectrum. In addition to drugs, on the site you can buy counterfeit banknotes, hacker services, fake documents, weapons and many other prohibited goods and services.
Where and how much does Hydra earn?
I already said that Hydra does not sell anything, but even so, she has good sources of income:
- Shop rent. Hydra rents out space for online stores. Those. anyone can pay a $ 300 entry fee and pay a $ 100 rent every month. In total, Hydra has about 2076 stores. It is difficult to give an exact figure, it is constantly changing.
- Commissions. Any money transfer is subject to a commission. Moreover, the policy of Hydra prohibits the transfer of money without the participation of the site. There are penalties for this.
- 3% commission for transactions from $ 3k to $ 10k
- 2% commission on transactions from $ 10k to $ 30k
- 1.5% commission for transactions from $ 30k
- Guarantor services. There are a large number of scammers in Darknet, and in order to secure a transaction between two people, they connect a third party (this is Hydra's confidant), which controls the entire transaction process and takes a small percentage for it.
- Auction. As I said, there are many shops on Hydra, which means a lot of competition. With the help of an auction, anyone can raise their store higher in the list. This increases the likelihood that the store will be noticed. The auction starts from $ 100 and often ends at around $ 50k - 100k.
- Penalties. There is nothing to say. On Hydra there is a set of certain rules, for violations of which shops are fined.