Hydrex
HYDX Rank #2560Price chart
What is Hydrex?
Overview
Hydrex operates as a MetaDEX and liquidity infrastructure platform designed specifically for the Base ecosystem. It addresses fragmented yield opportunities by coordinating liquidity deployment through automated strategies and tokenized incentive structures. The protocol enables users to access yield with reduced friction while allowing community members to participate in directing capital allocation.
How it works
Hydrex functions as an automated market maker (AMM) on the Base network, combining algorithmic trading strategies with liquidity-backed tokenomics. Weekly community governance determines HYDX token emissions and how protocol revenue is distributed, directing value toward the most productive liquidity and volume sources aligned with protocol priorities.
Token and supply
HYDX is the protocol's native token, serving governance functions that direct weekly emissions and protocol revenue allocation. Total supply is approximately 110.5 million tokens with no maximum supply cap listed. The token operates within a system where community decisions determine ongoing issuance rates.
Where to trade HYDX
Exchanges that list this asset
Live spot quotes from connected exchanges
HYDX funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.