it definitely is not hydraulic oil, it is a gear oil the smell is unmistakable as to the weight Im sure its lighter than 75w also I would imagine its a multi viscosity gear oil, it needs to operate over a fairly wide range of temperature. so when you guys pull it and it is very dark in color and smells bad that is normal, im not sure if a chain lube is the same stuff, a dd is actually a planetary system with all gears, hydraulic oil Im sure could lead to premature damage. as long as the oil doesnt get contaminated it should last for years since its in a non pressure closed type system, its the same oil that is in the rearend of your truck just the viscosity is different, now I dont think you would change that every 2-300 miles, most people never change their rearend oil.