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Hydra’s’Sophisticated Medication Delivery System’ in Russia Overshadows Western Darknet Markets

On September 14, the blockchain analysis company Chainalysis reported to the infamous Russian darknet marketplace (DNM) called Hydra and noted that the DNM is Eastern Europe’s»sixth-largest service by volume in the area.» Moreover, the report also shows that Hydra has created a»complex drug delivery system» within Russia and throughout various countries in Europe as well.

At the end of August, the darknet marketplace (DNM) community said goodbye to the Empire Market, which suddenly decided to leave scam on August 22. News.Bitcoin.com reported about the aftermath and how DNM patrons scrambled to find alternatives.

About Monday, Chainalysis published a report about the cryptocurrency market activity in Eastern Europe this season, and the company’s finding touched on the Russian DNM named Hydra.

The darknet marketplace Hydra was launched in 2015 and it ran alongside the infamous Russian Anonymous Marketplace (RAMP). However, Hydra catered it’s main focus on medication and RAMP vanished in late 2017. Reports emphasize that after RAMP’s departure,»Hydra seen an increase in consumer registrations and vendor action.»

Hydra’s Dropgangs and Dead Drops

Besides medication, Hydra also allows vendors to sell different types of commodities like electronic products, SIM cards, and other miscellaneous items.

The Chainalysis report notes that these days, the DNM Hydra, is now Eastern Europe’s»sixth-largest» crypto support by volume in the region. Moreover, Chainalysis details that Hydra uses a extremely involved scheme for deliveries.

«As one of the most significant darknet markets in the world, Hydra has assembled a complex drug delivery program in Russia and other Eastern European nations,» the Chainalysis report notes.

«Couriers get shipping orders in a manner very similar to Uber drivers and drop off packages in discrete places broadcast to buyers afterwards so that neither party ever has to find each other or make an in-person exchange. No other areas are similar in terms of darknet market revenue or sophistication of surgeries,» the Chainalysis Eastern European study concluded.

«Hydra prefers severe Russian drug sellers, only allowing sellers that are willing to pay’rent’ because of their stores and requiring a monthly payment of $100 USD for use of the service,» Darkowl.com writes. «This [method] reduces the likelihood of sellers who are actually scammers or law enforcement utilizing the website for entrapment and exploitation.»

On September 15, Filtermag.org printed an article that interviewed lots of drug users from Russia to observe how they were coping with all the Covid-19 pandemic. Some of the individuals interviewed leveraged the flourishing DNM market in Russia, and specifically spoke Hydra’s involved delivery surgeries.

One user called Sasha reported that Hydra and the heavy net was beneficial toward getting drugs throughout the pandemic. Sasha clarifies a range of Hydra sellers are leveraging»geotagged» places so people don’t have to meet.

«Throughout the epidemic, a very cool function of delivery seemed on Hydra,» Sasha said in her interview. «To use it, you have to pay five thousand rubles [$67], but the’treasure’ (drugs) is placed as near as possible to the location you suggested. The pleasure isn’t affordable, but perhaps such a trend is outlined in relation to the pandemic and lockdowns.»

The primary payment method that facilitates trade on Hydra is bitcoin (BTC). Hydra even reveals a cost ticker on the top of its platform to ensure that its users are conscious of the current worth of bitcoin in both US dollars (USD) and Russian rubles (RUB). A report by blockchain analysis firm Chainanalysis estimates that Hydra created over $1.2 billion in crypto revenue between June 2019 and July 2020.

In December 2019, the Hydra team announced a few new projects. These comprised an ICO to finance an expansion into new markets, including Eternos, a brand new DNM for Western users, and AspaNET, an alternative to TOR. While there is doubt regarding the present status of those jobs, in June of this year that the Hydra team said that the projects were postponed due to the outbreak. In this sense, the current market is similar to its pioneering predecessor Silk Road.

The Russian darknet marketplace is among the largest illegal marketplaces working on the dark net. The platform was launched in 2015 to provide sellers with the ability to create individual online shops to market their products. It’s older than some of the current Western DNMs.

In many ways, darknet marketplaces like Hydra mimic the consumer experience of online retail platforms such as Amazon, which is among the factors which contribute to their popularity with users ready to engage with prohibited market places.

To deliver their product, Hydra vendors use a system of GPS-located hiding stains. Vendors employ a network of couriers who deliver contraband buys to some previously agreed upon hidden place. Once sent, the buyer gets the GPS coordinates for recovery. This is the world’s most sophisticated DNM distribution system. It means there’s not any in-person exchange required, and it bypasses the requirement for government controlled delivery services. This method of delivery is only available in Russia and big towns across The Commonwealth of Independent States (CIS) (Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan and Ukraine).

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