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First, what’s Hydrex?
Hydrex is a liquidity-neutral DeFi protocol built on Base for Base, designed to bring new user segments onchain. The initial Hydrex Basedrop rewards onchain activity to decentralize the Hydrex protocol’s voting & earning power.
Hydrex combines automated strategies, liquid-backed tokenomics, and Base distribution channels to remove the barriers to yield and open the door to more sophisticated onchain opportunities for the masses.
Hydrex is for everyone.
Built on Base for Base
Hydrex maximizes the capabilities Base has to offer, while improving the onchain user experiences of MetaDEXs.
Base Tooling - Fully functional with Smart Wallet, Basenames, and sponsored transactions on day 1. Flashblocks and Sub Accounts are implemented on testnet and prepped for go live.
Farcaster Friendly - The Hydrex Mini App provides access to all yield opportunities, tokens, and other campaigns directly through Farcaster.
Complexity Abstraction - Using a combination of batched transactions, aggregation, and automated liquidity management, Hydrex makes providing liquidity and swapping assets a breeze.
Hydrex is positioned within Base’s growth engine to utilize the most effective channels for user acquisition, retention, and liquidity sourcing.
Base is building the rails for mass adoption. Hydrex is the protocol built to ride them.
Start Your (Liquidity) Engines
If Hydrex is for everyone, then the power of the protocol must be in the hands of many. Hydrex has structured a specialized “Basedrop,” designed to distribute and decentralize a large portion of the protocol’s voting & earning power across Base users, builders, and providers.
The Basedrop Campaign has 2 opportunities for involvement:
Base Badges - Collect badges across activities, communities, and protocol participation on Base.
Protocol Mining - Earn Hydropoints by providing liquidity, which are redeemable for a range of tokens upon campaign completion.
The Hydrex Basedrop is designed to create permanent protocol ownership for active Base users, not temporary token rewards for airdrop farmers.
At the end of the campaign, Badges & Hydropoints are exchanged for permanent Hydrex earning power in the form of locked veTokens… and maybe a few other surprises.
Stop farming airdrops. Start owning protocols.
Epoch 0, En Route
Hydrex is improving the fundamentals of ve(3,3) design and tokenomics to protect users, achieve protocol-alignment, and simplify the flywheel.
Pro vs Simple Mode - Simple Mode automates positions with full ve(3,3) benefits through a refined, simplified UX. Pro Mode gives experienced users the granular control that they’re accustomed to.
Liquid Reserve - Every HYDX token is backed by at least 1 USDC through a Liquid Reserve that is acquired by exercising options tokens, creating a concrete price floor and preventing runaway inflation.
Liquidity-Neutral - Hydrex works with UniV4, native Hydrex pools, and other LP types on Base, maximizing compatibility and promoting complementary ecosystem growth. Hydrex always routes through the best route for the most favorable trades.
Discover all of Hydrex’s advancements in the Hydrex Docs.
Get Involved in the Basedrop
On June 24, 2025 the Basedrop will be available on Hydrex.fi.
Follow along & don’t miss a beat:
Hydrex
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