Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
$452.16KBuyback funds
$437.19KBurn funds
--Buyback ratio
96.7%Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $452.16K | $437.19K | -- | 96.7% |
| Sep 2026 | $434.11K | $392.21K | -- | 90.3% |
| Aug 2026 | $168.98K | $115.82K | -- | 68.5% |
| Jul 2026 | $116.38K | $73.71K | -- | 63.3% |
| Jun 2026 | $159.37K | $112.85K | -- | 70.8% |
| May 2026 | $215.7K | $151.99K | -- | 70.5% |
Comparison
Follow Updates
Follow Lists
People
About HydrexFi
HydrexFi is a MetaDEX and liquidity infrastructure protocol deployed on Base, offering decentralized trading and market-making that aggregates liquidity from multiple sources, serving traders and pool-based market makers within the Base ecosystem. It adopts the ve(3,3) model to govern $HYDX, where stakers receive allocation rights over protocol fees and incentives; it also features a Liquid Reserve mechanism in which each HYDX is backed by 1 USDC in reserve, providing an anchoring reference for token value.
The protocol shares 100% of its revenue with staked liquidity providers to incentivize long-term market-making and depth accumulation. According to DeFiLlama, its total value locked is around $9.7M with roughly $14M in cumulative trading volume. Positioned as a liquidity layer within the Base ecosystem, HydrexFi seeks to attract market-making depth through full revenue distribution and reserve backing, competing among DEXs on sustainable LP returns rather than relying solely on token emissions.
HydrexFi entered a strategic partnership with Autheo Network on June 29, 2026, connecting Autheo's Layer-0 operating system to its omnichain liquidity network so Autheo users can directly access swaps, lending, staking and liquidity provision. The announcement disclosed that HydrexFi then had more than 100,000 accounts, 450+ listed assets, over $1.1 billion in cumulative trading volume and $7.4 million in total value locked.
Future strategy and roadmap: On July 14, HydrexFi launched the deJAAA/USDC and deSPXA/USDC pairs, based on Centrifuge-issued deRWA tokens tracking the Janus Henderson Anemoy AAA CLO Fund and the S&P 500 index fund respectively, offering liquidity providers over 75% APR incentives. On August 20, Autheo's THEO made its debut on HydrexFi, opening at $0.05 against USDC with Enflux as market maker.