Tokenomics

Overview

Utility

The token has five uses inside HyperTrend's products. Each opens when the feature behind it launches, all after TGE.

Full credit reports

Your own score is free, and so is the summary — overall score and tier — of any address. Viewing another address's full credit report — the breakdown by the three sub-models, the reasoning behind it, its history and its anomaly flags — costs tokens per report.

Credit API

The Credit API, batch queries and the Address Filter are billed in tokens by call volume.

The full-report access period and the Credit API call quota that come with a public-sale SBT start on the day the corresponding feature launches; usage within them costs no tokens.

Settlement: institutional services and the strategy market

The following are priced in US dollars and settled in tokens, with the token amount converted at the market price at the time of settlement:

• institutional clients — exchanges, lending protocols, wallets, airdrop projects — buying address screening and risk assessment;
• users buying strategies in the strategy market.

The strategy market charges a platform service fee on each purchase; the rate will be published when the strategy market opens.

Certification and strategy staking

• Certification: applying for and renewing Trader Certification and Agent Certification is paid in tokens. The certification credential (an SBT) is valid for a set period and then expires automatically; a stake must be held for as long as the certification is valid.
• Strategy listing: once the strategy market opens, certified traders, certified agents and addresses that meet the credit score requirement can list strategies. Listing requires a token stake.
• Slashing: if strategy data is falsified, signals are manipulated, or other violations occur during certification or listing, the stake is slashed once the violation is verified.
• Staking earns no return.

Governance

Token holders vote on protocol parameters. Scope, stages and how voting power is calculated are set out under “Governance” below.

Token flows

Tokens paid for the first four uses above — including institutional settlement and the strategy market's platform service fee, but not the portion paid to strategy providers — are split as follows:

Slashed stakes are 100% burned.

• Burned tokens are removed permanently and cannot be recovered; the burn address and the cumulative amount burned can be checked on-chain.
• Tokens returned to the community pool are distributed under community reward rules such as HTP seasons. They come from tokens already issued and do not add to total supply.
• Governance can change the split, but the burned share cannot go below 30%.

Allocation

The four groups total 29% · 8% · 26% · 37%.

What each bucket is for

• Community & Ecosystem Rewards: HTP season rewards, community events such as trading competitions, and incentives for developers and ecosystem projects.
• TGE Community Distribution: a first airdrop on the day of TGE (1.14%), weighted by HTP; the HTP multiplier on public-sale SBTs counts toward that weight. The rest is released monthly over M1–M42 into the distribution pool for later distribution rounds, each with rules published before it starts. Every airdrop arrives in full at once, with no vesting.
• Public Sale: the share subscribed by public-sale SBT holders.
• Foundation / Treasury: protocol development and operations, security audits, infrastructure and partnerships.
• Liquidity: trading liquidity for the token, and the arrangements needed for it to become available on trading venues. The 5.25% released at TGE seeds initial liquidity; the remaining 3.75% is released monthly from M13 for added liquidity and new venues.
• Ecosystem Partners: integration and co-building incentives for signed and future partners.
• Team: the core team.
• Angel Round: early investors.
• Advisors / Contributors: advisors and outside contributors.

Unlocks

How to read this section

• All percentages are shares of total supply (1,000,000,000).
• M0 is the day of TGE; Mn is the same calendar day n months after TGE (or the last day of that month if it has no such day).
• Every bucket releases a fixed amount in a single step at each Mn. Amounts are rounded to whole tokens, with the remainder added to the final release.
• A 12-month cliff means nothing is released in M1–M12; releases begin at M13.
• Unlocking means release from the vesting contract. The Foundation, Community & Ecosystem Rewards and TGE Community Distribution buckets release into their pools and are distributed from there under their own rules; unlocked does not mean on the market.
• Until the TGE date is announced, this page uses relative months only; calendar dates will be added once it is.

Unlock schedule

Public sale

• The public sale is capped at 8% of total supply (80,000,000 tokens) and closes when sold out.
• Each buyer's share: 50% is released on the day of TGE; the other 50% is released in equal monthly amounts over M1–M12.
• Any unsold portion goes to the Foundation treasury and is locked for 24 months from TGE; its use after the lock is decided by governance vote.
• The Public Sale row in the unlock schedule assumes a full sell-out.

Foundation and Community & Ecosystem Rewards: yearly releases

Both buckets release by year, in equal monthly amounts within each year, into their pools.

How much of each pool is used, and on what, is decided by governance; the release schedule itself cannot be changed.

Cumulative unlocks

0%25%50%75%100%

Public sale8%Community29%Foundation & ecosystem26%Team & investors37%

M0M12M24M36M48M60M72

• Team & investors37%
• Foundation & ecosystem26%
• Community29%
• Public sale8%

Team and investor holdings and lockups

The team, the angel round and advisors hold 37% in total (370,000,000 tokens).

• At TGE: only the angel round releases, 1.40%; team and advisors release nothing.
• From M13: the angel round begins monthly releases.
• From M19: team and advisors begin monthly releases.
• By M60: all three are fully released.
• Unlocks are executed by a separate vesting contract with no early-release function.
• Tokens not yet unlocked carry no governance voting power.

Governance

Stages

Scope

While governance is live, token holders can vote on:

• the yearly budget and distribution rules of the Community & Ecosystem Rewards pool and the TGE Community Distribution pool, including total HTP season rewards;
• Foundation treasury spending above a single-transaction threshold, published with the governance rules;
• the token-flow split, with the burned share no lower than 30%;
• staking parameters for certification and strategy listing: minimum stake and slashing rules;
• the use of unsold public-sale tokens after their lock ends;
• the governance rules themselves: proposal threshold, quorum, voting period and execution delay.

In the expanded stage, credit parameters and risk-pricing rules are added step by step.

Product pricing and commercial contracts are set by the operator and are outside governance.

What cannot change

The following are fixed in the contracts; governance cannot change them:

• the total supply cap of 1,000,000,000 tokens; the contract has no mint function;
• the allocation shares and unlock schedules of all nine buckets;
• no blacklist and no transfer pause.

Voting power

Voting power = votable tokens × credit multiplier.

• Each band includes its lower bound and excludes its upper bound — the same bands as the Trading Terminal's fees.
• The credit score is the one at the voting snapshot.
• Votable tokens are unlocked tokens held by an address. Tokens still in the vesting contract, in the Foundation treasury or in any community pool cannot vote.
• The multiplier is per address: spreading tokens across new addresses does not increase voting power.

Treasury and multisig

• The Foundation treasury and the community pools (Community & Ecosystem Rewards, TGE Community Distribution) are managed by a 2-of-3 multisig wallet: any two of the three signers can execute.
• The multisig address will be published together with the contract addresses.
• Every outflow can be checked on-chain; a summary of treasury and community-pool inflows and outflows is published every quarter.
• Once governance is live, the multisig executes only resolutions that governance has passed.

Risk notice and disclaimer

1. This page is for information only. It is not an offer, a solicitation, investment advice, or a recommendation to buy or sell any asset.
2. The token is a utility token within HyperTrend's products, used as described under “Utility”. It does not represent equity, debt, a right to dividends or profit sharing, or any claim on the revenue or assets of HyperTrend or any affiliated entity.
3. HyperTrend makes no promise or representation about the token's value, price or liquidity, or about whether or when it will be available on any trading venue. The token's market value may fluctuate sharply and may fall to zero.
4. The uses described under “Utility” depend on the corresponding product features launching. Their timing, scope and rules may change, be delayed or be cancelled.
5. The burning and recycling under “Token flows” describe how tokens flow. They are not a promise about the token's price or value.
6. Staking earns no return. Stakes that break the rules may be slashed in whole or in part.
7. The parameters on this page may be revised. Each revision is published as a new, dated version, and earlier versions remain available; the items listed under “What cannot change” cannot be revised.
8. Regulation of digital assets varies by jurisdiction and may change. Before acquiring, holding or using the token, make sure the law where you are permits it.
9. Smart contracts may contain undiscovered defects; network failures, lost private keys and similar events may make tokens unrecoverable.
10. Statements about future plans reflect current plans; actual outcomes may differ.

Version history