Hydrex is a decentralized exchange and liquidity hub built exclusively for Base, coordinating weekly community governance over HYDX emissions and protocol revenue. Hydrex's Twitter Score is 27 out of 1000 as of July 2026, ranking #40,824 (top 10%) among 531,432 tracked accounts.
Hydrex operates as a non-custodial protocol on Base, routing and incentivizing liquidity through its own Algebra-powered pools, Uniswap v4 hooks, and external liquidity sources. Its documentation reports $8.74M in total value locked, more than 450 listed assets, $1.9B in total volume, and more than 100K accounts on the platform. All fees collected by liquidity providers flow back to Hydrex Account holders through weekly distributions.
Hydrex's native token, HYDX, serves governance, rewards, and long-term protocol alignment, with an initial supply of 500M tokens and initial weekly emissions of 15M HYDX decaying at 1% week over week. The protocol uses oHYDX as a non-liquid rewards token: holders may redeem it for liquid HYDX by supplying at least 0.01 USDC per token, with that USDC flowing into a Strategic Protocol Reserve, or burn it to create a permanently locked veNFT. Hydrex also supports Flex Accounts, created by locking liquid HYDX for a one-year term, alongside permanently locked veNFT-based Locked Accounts.
Hydrex's Basedrop program was designed to distribute voting and earning power broadly, rewarding early users and contributors with Hydropoints and Base Badges redeemable for veHYDX. Hydrex's account has published 1,324 posts and has been mentioned by 89 accounts a total of 163 times.
Who follows Hydrex on X?
The accounts that follow Hydrex include 93 founders, 18 angel investors, 95 influencers and 1 VCs, among them OSF, 0x, Niko, Small Cap Scientist, Dotta and Michael Bentley.