Hybra Finance is a decentralized exchange (DEX) serving as the public liquidity layer on the HyperEVM blockchain within the Hyperliquid ecosystem, featuring an upgraded ve(3,3) flywheel, dynamic fees, and mechanisms like one-click intents, solver competition, and MEV shielding for efficient trading. Hybra Finance launched its airdrop and token distribution with claims opening on November 17 at 13:00 UTC, giving users thirty days to claim, and allowing veHYBR to become tradable on Hyperwarp with more NFT marketplaces coming; the launch began with bribes added to pools before epoch 0, matched to last week’s fees and boosted further by partner contributions, while users in Season 0 could also claim part of the 100,000 dollar cash rewards at the same time as the airdrop, with payouts increasing for legitimate users after roughly 500 million wash traded and fake referral points were removed.
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