Hybra is a decentralized exchange and liquidity protocol built for HyperEVM, the EVM environment connected to Hyperliquid. The protocol combines concentrated-liquidity trading with a ve(3,3) incentive model, gauges and bribes. Traders can swap HyperEVM assets through Hybra pools, while liquidity providers and veHYBR voters can direct incentives toward selected pools. HYBR is the protocol token used across the Hybra ecosystem, including locking into veHYBR for governance and reward distribution.