The global onchain economy runs on stablecoins, and deep liquidity is the lifeblood for usability. The challenge is, oftentime correlated pairs such as regional stablecoins generate low amounts of fees and have trouble sourcing liquidity.

Hydrex is partnering with Frax to leverage frxUSD's novel mechanics to fix this, by forwarding organic yield from frxUSD to the pairs and amplifying with emissions.

Frax's frxUSD is fully backed by tokenized U.S. Treasury funds, managed by financial leaders like BlackRock and Superstate. 

The key innovation: frxUSD shares T-Bill yield with holders. In this program, that means Hydrex Liquidity Pools receive a natural stream of incentives, encouraging liquidity providers and building a sustainable incentive flywheel without requiring constant bribes or providing bulk liquidity by stablecoin issuers.

We're migrating Hydrex's existing regional stablecoin partners to this new model. BRZ, IDRX, KRWQ, tGBP. These are the currencies that serve real markets with real users who benefit from deeper liquidity sourcing.

By transitioning these partnerships to frxUSD-based pools, we're not just improving incentive sustainability—we're setting the foundation for how regional stablecoins scale on Base.

Forex stablecoin pools powered by frxUSD have already delivered up to 10x in weekly rewards with a fraction of the TVL and volume of USDC paired pools.

Are you a regional stablecoin aiming to get more liquidity depth, usage, and exposure on Base without needing to seed incentives or liquidity upfront? Come talk to us.

Hydrex is building the infrastructure that makes regional stablecoin liquidity work at scale. If you're serious about onchain adoption in your market, this is the program you need to be part of.