> For the complete documentation index, see [llms.txt](https://hybra-foundation.gitbook.io/hybra-foundation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hybra-foundation.gitbook.io/hybra-foundation/events/hybras-first-leap-toward-full-decentralization-community-presale.md). # Hybra’s First Leap Toward Full Decentralization - Community Presale **Hybra at a glance** Since our debut in April, **Hybra’s TVL has climbed from zero to over $25 million**, with weekly volumes that consistently place us in the top 2 DEXs on Hyperliquid EVM. This acceleration isn’t luck—it’s the product of a clear North Star: > **Become the go-to liquidity layer on Hyperliquid, trusted by every LP and trader** **How we’re delivering** * **Capital-efficient liquidity.** We introduced concentrated-liquidity pools and auto-rebalancing tools ( Beefy & vfat) to squeeze more fees out of every dollar supplied. * **Relentless shipping.** Twelve front-end releases in the past 30 days alone—now even faster with a new core developer on board. * **Community-first incentives.** No VCs, no private allocations. Every token flows to real users. * we just completed the **first Ascension distribution** , distributing 270 $HYPE ( now **US$13 500**) in rewards to early LPs. #### Hybra Finance – Presale Details & Forward Plan *** **1. Why a presale—and why now?** * **Community-first capital** * Hybra has been **100 % self-funded**—no private sale, no VC or insider allocation. * Rapid growth has attracted VC & DAO interest, but we remain aligned with Hyperliquid’s community-first ethos. Every current and future sale will be open **only** to community supporters. * **Fuel to out-compete** * Our target is to become *the* go-to liquidity layer on Hyperliquid EVM. Achieving that demands faster shipping, stronger operations, and bigger rewards for LPs and traders. * We just onboarded another core dev; last week’s product velocity already shows the impact. * **Bigger incentive budget** * We distributed the first **$11 000 Ascension rewards** without spending a cent on paid shills. * More capital lets us scale Ascension, epoch bribes, and new incentive programs—plus hire BD talent to onboard strategic partners. *** **2. Presale terms** | Item | Details | | ------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | **Date** | **15 July 2025, 13:00 UTC , last for 24 hours** | | **FDV** | **$10 million** | | **Total Supply** | **1B** | | **Tokens sold** | **6 % of total HYBR supply** | | **Unlock** |

At TGE each wallet has two mutually-exclusive choices:

  1. Default (no penalty)

  2. Early-liquidity option (40 % penalty on the 80 % portion)

All HYBR forfeited under option 2 will be pooled and redistributed pro-rata exactly one week after TGE to every wallet that chose option 1 (i.e., locked the full 80 % as veHYBR).

| | **Eligibility** | **Points holders only** | | **Tokens to Raise** | $HYPE | **Allocation Mechanics** The presale is divided into two stages, both open to the **same group of eligible addresses**: **Hour 1 – Nearly Guaranteed Allocation Window**\ Each eligible wallet receives a **predefined allocation**, sized to ensure that nearly everyone can participate without needing to rush or compete with bots.\ This stage is designed to maximize fair access — if you participate in this window, you're almost guaranteed to get in. **Hour 2+ – First-Come, First-Served (FCFS)**\ After the first hour, any **unfilled allocations** are released into a FCFS round, **under the same terms**.\ This allows anyone from the eligible group to grab leftover tokens — but only while supplies last. **Important:**\ If all allocations are filled during the first hour, there will be **no FCFS round**.\ You’ll be able to preview your allocation details **before the presale begins**, so you can plan accordingly. **Allocation philosophy**\ Our goal is to spread access as widely as possible while still rewarding true commitment: 1. **Broad coverage.** Every points-holder gets a guaranteed slice in the first hour, so no one has to fight bots to participate. 2. **Merit-weighted.** Higher badge tiers unlock higher individual caps, reflecting deeper engagement with Hybra. 3. **Anti-whale guardrails.** Caps scale up gradually between tiers to prevent a handful of large wallets from swallowing the sale. Together, these rules maximize community reach without diluting the incentives for our most dedicated supporters. *** **3. Tokenomics**
CategoryAllocationSplit (HYBR / veHYBR)
Genesis drop33 %33 % veHYBR
Presale15 %3 % HYBR / 12 % veHYBR
Initial liquidity8 %Locked in POL
Treasury & ecosystem20 %15 % veHYBR / 5 % HYBR
Team & core contributors18 %18 % veHYBR
Hybra Assistance Fund3 %3 % veHYBR
Hybra Research Community3 %2 % veHYBR / 1 % HYBR
Total100 %—
**Team & core contributors** * Ensures that the team’s long-term objectives are aligned with the protocol’s and that incentives are properly structured. **Hybra Assistance Fund (HAF)** * Protocol-owned fund that locks all HYBR as veHYBR and uses 100 % of revenue to buy back and relock HYBR—capped at ≤ 10 % of total supply; excess flows to treasury. **Hybra Research Community (subDAO)** * Composed of community members with deep, hands-on experience in DeFi, DEX liquidity provision, and trading, the sub-DAO’s first cohort will be invite-only. Its purpose is to keep Hybra ahead on information, data, expertise, intelligence, and strategic decision-making—ensuring a durable competitive edge. All operating costs will be covered by the yield generated from the sub-DAO’s veHYBR holdings. *** **4. Use of proceeds** | Priority | Purpose | | ------------------------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | **Product** | Accelerate development, UI/UX, new features | | **Audit** |

All of our contracts are released under fully permissive licenses, and our gauges contract is entirely self-developed. It will undergo at least one top-tier audits before being deployed at TGE

| | **Incentives** | Expand Ascension milestones, epoch bribes, and LP/trader rewards | | **Business development** | Hire BD lead, co-fund partner liquidity, coordinate co-bribes | | **Operational runway** | Infrastructure, legal, and day-to-day expenses | *** **5. Roadmap** 1. **Permissionless Pool & Points Curation** * Anyone will be able to create a pool at Hybra frontend; once TVL + fee thresholds are hit and a Hybra security review passes, the pool can start to earn points which usually start with 1x or 2x. 2. **Partner Launch Program** * Structured packages to bootstrap and maintain partner liquidity, binding long-term incentives within the Hyperliquid EVM ecosystem. 3. **Hybra Research Community (subDAO)** 4. **Hybra Assistance Fund (HAF)** * Protocol-owned fund that locks all HYBR as veHYBR and uses 100 % of revenue to buy back and relock HYBR—capped at ≤ 10 % of supply; excess flows to treasury. 5. **Continuous product innovation** * Ongoing upgrades to ensure Hybra remains the most capital-efficient and easy-to-use DEX on Hyperliquid EVM. ***