The name "Orange Hydrant" is inspired by the strangely shaped, orange fire hydrants found in Portland, Oregon. I am envisioning an actual fire hydrant in the logo with a name along a vector path, whether it be a circle, banner, line, etc. If possible, try to avoid literally tracing a hydrant picture for the logo. Either make a "sketched" / "cartoonish" hydrant, or do a good job of hiding the vector tracing.
There could be something like dark, liquid plastic flowing from the hydrant to represent the vinyl used to make the toys, or it could be pristine and clean. If you choose a liquid leaking from it, please make it leak from the spigots / spouts rather than the bottom, and do not make the liquid yellow. A text-only logo could suffice if the typeface is customized.
I would like the text portion of the logo to be separable from the pictographic part so that one or the other could be used in different contexts if possible.
I really like the works of Jimbo Phillips, Peter Bagge, and Daniel Clowes.
I am not a fan of extremely flat logos with no variation in the stroke width (i.e. the hipster coffee shop style with an X and a "Founded 2013" slogan in a trendy sans serif typeface made out of birds and arrows), and I would prefer a fairly expressive logo, whether it be low-poly, abstract-looking, or organic and cartoonish. I prefer isometric perspectives over orthographic ones.