what's hydrex?
Hydrex is a DeFi protocol built on the Base blockchain, designed to simplify liquidity provision and trading for a wide range of users. It features an innovative automated market maker system that combines assets into efficient pools, enabling seamless swaps and competitive yields for liquidity providers. The protocol emphasizes community governance, where users vote on value flows and participate in a flywheel mechanism to earn rewards through single-sided deposits and automations. Hydrex supports various ecosystem integrations, including partnerships for token liquidity and creator networks, making it accessible for traders, projects, and everyday users. Its user-friendly interface and tools like liquid accounts aim to reduce friction in DeFi interactions, fostering sustainable liquidity across Base assets.
Hydrex received DCG's first 2026 investment and was added to its public portfolio.
contract
base
DCG/Grayscale and Barry Silbert bought HYDX on the open market, adding to their portfolio, during March 19-25, 2026, at a $2.6M market cap, verifiable onchain at 0x00000e7efa313F4E11Bfff432471eD9423AC6B30.
Launches 8-week trading competition with $20k in rewards for its mini app Send on Base.
Brings Base builders and investors to SXSW with a rooftop crypto happy hour.
Offers 102% APR for locking HYDX tokens through a flex lock mechanism.
offers fxUSD/USDC liquidity pool on Base with 12% APR.
Mentioned as a platform where users can provide liquidity to earn Pareto Points as part of Vaulted's initiation campaign.
Launches forex markets with DFB and Frax Finance, using tokenGBP, BRZ, idrx, and frxUSD. Holds stream with Frax Finance on Base on 2026-03-27 at 5 PM UTC to discuss frxUSD stablecoin pairing.
fxUSD/USDC pool delivers 31% APR and fxUSD/BANKR pool delivers 576% APR on Hydrex.
Integration with vfat_io goes live.
Offers HYDX–USDC liquidity vault on Base via Ichi Foundation with 46.03% APR and $723,690 TVL.
Participated in a live chat session with Rachel and team members on December 19, 2025.
Scheduled a live stream interview on December 17, 2025 at noon EST on X and Zora to discuss the Surge platform.
Partnered with Betrmint, attracting over $80,000 in liquidity for $BETR token, including $50,000 TVL from Betrmint.
Birdeye integration completed, enabling real-time visibility of all Hydrex liquidity pools.
Project leadership publicly attacks competitors, drawing criticism for poor leadership that creates toxic community environment.
Project scheduled to present at 10:30am Thursday at EFDevcon's Base booth, participating in the Base Batches builders presentation schedule.
Received grants from Base week of March 19-25, 2026. Held Demo Day November 17; participates in Base Batches 002, ranks in Base Top 50, and featured in Base app coin list.
OKX plugs its DEX into Hydrex pools as smart money inflows spike to 8.8x above average with $138k+ in exchange outflows over 24 hours.
$DEXTF and $AVNT tokens offer high APY yields on the platform.
The pHYDX Pod goes live on Base, pairing pHYDX with pPEAS and paying yield in HYDX and pPEAS tokens sourced from arbitrage activity.
Hydrex DEX pools integrate as a new oracle option for Base Pods on Peapods platform, with $HYDX and $DEXTF Pods using Hydrex liquidity pools as oracle source launching soon.
HYDX lists on Wasabi platform with 3x leverage trading and yield earning from onchain activity.
HYDX wins Seed Stage Week 1 competition, resulting in a $10,000 HYDX Pod to be seeded by the PEAS treasury later this week.
Senior Coinbase engineer Colin Johnson added to Advisory Board; official Coinbase Developer account releases detailed project analysis.
Official Base network (@buildonbase) hosts project leadership on The Based Builders Show livestream tomorrow (8AM PST/11AM EST), representing official ecosystem recognition and exposure.
DTRXBT whale chat participants entered positions at 0.2 price point for the first time in recent weeks.
V4 AMM is now operational on Base network, actively managing liquidity for ETH-USDT, ETH-KIBBLE, and GHO-USDC pairs. The platform operates as a V4 AMM with active liquidity management for ETH-USDT, ETH-KIBBLE, and GHO-USDC trading pairs.
Project is preparing for an upcoming token launch.
HydrexFi launches on Base blockchain with active veHYDX token allocation redemption for veLYNX holders who claimed Vote Escrow Maxi badges.
Recent token distribution experienced significant sniper bot activity with concentrated supply, though trader expects potential for continued upward price movement in a "second leg up."
Sub-account creation now available with spend limits and streamlined UX.
Integration with ODOS Protocol enables expanded liquidity routing and swap accessibility.
New badge system launches for veLYNX holders, enabling Hydropoints earning and basedrop tier rewards
Core liquidity partnership established for Uniswap V4 pools on Base network