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We doc the principle features of Hydra resembling dead-drop delivery, feedback and popularity system, escrow, and dispute decision. Using knowledge scraped from the platform, we quantitatively examine the scale and the construction of the marketplace. We discover that it has been extremely aggressive, geographically masking at the least 69% of the Russian inhabitants and buying and selling a large variety of medication, whereas also permitting the wholesale trade of drugs and precursors. The lifeless-drop delivery system used on Hydra was costly, because the courier costs comprised a substantial proportion of the sale value of medicine on Hydra. We contribute to the research on drug cryptomarkets by learning an unprecedentedly large non-Western marketplace that existed considerably longer than any other identified mega darknet.

The phenomenon of Hydra shows that shut-down policies applied to darknet marketplaces have a big effect and implicitly shape the entire drug market. Without these policies, a pervasive digitalization of drug trade can happen. The key price of allowing marketplaces to grow is the probable enhance in the consumption of unlawful medicine because of convenience for consumers and facilitated cooperation between suppliers. This cost should be weighed against the potential benefits, together with a better high quality of drugs, a lower in potential violence, and the incentives for a large marketplace to self-regulate. The case of Hydra additionally suggests the relevance of monetary regulation to restrict the expansion of darknet marketplaces.