The hydration degree of binders and cement is investigated by measuring the adiabatic- temperature rise of concrete at low water-binder ratio with different fly-ash content. The results denote that, with a constant water-binder ratio, both of the hydration degree of binders and that of cement decrease with the increasing fly-ash content in the early stage. In a later stage, however, the hydration degree of cement increases with the increasing fly-ash content and the hydration degree of binders peaks when the fly-ash content is 35%. Fly ash is one of the mineral admixture of which high-performance concrete is made up. It brings down the rise of concrete temperature significantly and helps solve the problems of shrinkage and crack of concrete structure. Because the hydration mechanism in common concrete is different from that in concrete with low water-binder ratio, and the hydration environment is different between concrete and cement pastes, to determine the adiabatic-temperature rise of concrete directly conforms to the actual situation. The adiabatic-temperature rise, adiabatic-temperature-rise rate, hydration degree of both binders and cement are investigated by measuring adiabatic-temperature rise of concrete with different fly-ash content.