In the last 24 hours, the base chain seem to be heating up, and one token looks to be heavily accumulated by smart money.
It's $HYDX [info @CoinSense_App]
@HydrexFi aims to be Base Frictionless Liquidity Hub.
It is a liquidity-neutral ve(3,3) protocol built on Base for Base, designed to bring new users onchain
Competition: Aerodrome
๐๐จ๐ฆ๐ ๐ข๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐๐ญ๐ฌ ๐๐๐จ๐ฎ๐ญ $HYDX:
1. Team and treasury allocation locked
2. No $HYDX token get emitted without USDC coming into the protocol.
3. No VC, KOLs or paid marketing
4. 100% fees back to $HYDX holders
5. Obtained a superchain grant from @Optimism with over 600k txns processed in August alone.
6. Crossed over 50m USD in volume
7. Over 1.7m USD locked in TVL. [info available on defillama,
8. Heavy LP... currently $5m USD in Liquidity Pool
9. Partners with @chainlink, @fraxfinance @clankeronbase
10. Sherlock Audit
๐๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐จ ๐๐จ๐ฆ๐ ๐๐จ๐ซ $HYDX?
1. Emissions & Full protocol live on the 18th of September.
2. Protocol revenue release for holders 18th September.
Bidding here before it gets to 100m TVL and even beyond could be a smart move.
Circulating supply is just 26m tokens, so real valuation around 10m mcap, with 90% of all supply permalocked.
The team is also doxxed and have worked on a product before
Currently, you can buy $HYDX on the @HydrexFi platform using $USDC, or via a dex aggregator like @matchaxyz
I took a small bag at regions of $0.35 using @matchaxyz platform.
Hoping to ride this past $1 to $3.
The ticker is $HYDX
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