HYPEBROKERS · DOCS

01OVERVIEW

HYPEBROKERS is a desk of 3,999 brokers on Hyperliquid. A broker is not a picture with a number — every token carries its own onchain account: it holds its own assets, signs its own transactions, and changes hands together with the token.

The desk runs on one loop: brokers get seated, the protocol collects fees, and the pot is paid out to seated brokers — always in $HYPE. No stock tokens, no synthetic paper, no points. The chain's own asset, airdropped to your broker's account.

Mint, then trade brokers through the Broker AMM at a flat token rate.
Clock in to burn supply and seat your broker.
Distribution rounds pay seated brokers pro-rata in $HYPE.
Borrow against a seated broker without leaving the desk.

Wall Street closes at four. We don't.

02NETWORK

The desk lives on HyperEVM — Hyperliquid's EVM execution layer. Gas is paid in HYPE.

PARAM	VALUE
Network	HyperEVM mainnet
Chain ID	999
Currency	HYPE
RPC	`https://rpc.hyperliquid.xyz/evm`
Explorer	hyperevmscan.io

03CONTRACTS

Mainnet addresses are published here at deploy and pinned from the official X account. Trust nothing that isn't on this page.

MODULE	ADDRESS
Brokers · ERC-721	0x0000…0000 PENDING
Account registry · ERC-6551	0x0000…0000 PENDING
$HYPEBROKER token	0x0000…0000 PENDING
Broker AMM	0x0000…0000 PENDING
Clock In / Distributions	0x0000…0000 PENDING
Loan desk	0x0000…0000 PENDING

Anything DM'd to you, airdropped to you, or "leaked early" is not us. The desk announces once, here.

04THE COLLECTION

3,999 ERC-721 brokers, each bound to its own smart-contract account (ERC-6551 token-bound account). The account is derived from the token — whoever holds the broker controls the account. No admin key, no migration, no custodian.

WHAT THE ACCOUNT DOES

Holds — $HYPE and any other asset sent to it stays with the broker.
Signs — the account executes transactions in its own name.
Moves — sell the broker and the buyer controls the account the moment the transfer confirms.

An ordinary NFT is one storage slot: tokenId → owner. It cannot receive anything. A broker can get paid — which is the entire point of a broker.

Traits are rolled deterministically, one roll per token, fixed at reveal.

05BROKER AMM

Brokers trade against the $HYPEBROKER token in a pooled AMM — no orderbook listings, no waiting for a buyer. One flat rate both directions, plus a HYPE-denominated protocol fee.

┌──────────┐ sell broker ┌─────────────┐ swap token ┌──────────┐ │ BROKER │ ───────────────▶│ AMM POOL │───────────────▶│ WALLET │ │ in hand │◀─────────────── │ flat rate │◀───────────────│ $HB │ └──────────┘ buy broker └─────────────┘ add token └──────────┘ every swap feeds the $HYPE pot → 07

Swap fee: 10% of the flat rate, routed per Fee Routing.
Snipe fee: 15% on same-block flips — the desk dislikes tourists.
Tabs: Trade · My Brokers · Clock In · Distributions · Loans.

06CLOCK IN

A broker in your wallet is unemployed. Clocking in seats it at the desk: you pay the activation fee in $HYPEBROKER, half of it is burned forever, and the broker starts collecting. Only seated brokers are paid.

PARAM	VALUE
Activation fee	39,999 $HB
Fee split	50% burned / 50% protocol
Share of a round	equal — one seat, one share

Every seated broker counts the same. No ladder, no ranking, no weight to buy.
Clocking in is permanent for the broker. There is no clock-out. Idle brokers earn nothing.

Numbers are pre-deploy placeholders. The final fee is fixed in the contract at deploy and mirrored here.

07DISTRIBUTION ENGINE

Everything the desk earns — AMM fees, activation fees, loan interest, partner routing — accrues into one pot. The pot is $HYPE. Not a claim on $HYPE, not a receipt. $HYPE.

AMM fees ──┐ Clock In ──┼──▶ ┌─────────────────┐ threshold hit Loans ─────┘ │ POT · $HYPE │ ─────────────────────▶ RING THE BELL └─────────────────┘ (anyone can call) │ ▼ every seated broker paid an equal share, direct airdrop one seat · one share · no ranking

When the pot passes the round threshold, anyone can trigger the round and take the caller bounty.
Payouts go straight to each broker's token-bound account. No claim queue, no expiry.
Non-HYPE assets the desk collects are swapped to $HYPE by the engine before the round settles.

Rounds pay what the desk actually collected — which can be a lot, a little, or nothing.

08LOANS

A seated broker is collateral. Borrow the flat AMM principal in $HYPEBROKER against it, pay interest up front in HYPE, get the broker back when you repay.

PARAM	VALUE
Principal	flat AMM rate in $HYPEBROKER
Interest	15% APR · HYPE · paid upfront
Escrow	broker held by the loan desk, stays seated
Default	broker forfeits to the protocol desk

A broker in escrow stays seated and keeps collecting rounds — the desk doesn't punish leverage, it punishes not paying it back.

09FEE ROUTING

One rule everywhere: 90% community / 10% protocol. The community share funds the pot; the protocol share keeps the lights on.

┌──▶ 90% ──▶ POT · $HYPE ──▶ seated brokers ALL FEES ──┤ └──▶ 10% ──▶ protocol desk activation fees only: 50% burn ▸ then 90/10 on the rest

10SECURITY

Contracts are unaudited until an audit is published on this page. Treat every module accordingly.
Core parameters (supply, activation fee, fee splits) are fixed at deploy — no owner setter, no upgrade proxy on the brokers or the pot.
The team can never move assets held by a broker's account. Only the token holder can.

11NEXT MODULES

Scheduled after the core desk ships. Specs land on this page first.

MODULE	STATUS
Leaderboard — desks ranked by rounds collected	[ SOON ]
OTC window — broker-to-broker block trades	[ SOON ]
Second shift — boosted rounds for old seats	[ DRAFT ]

12LEGAL

Distribution rounds are promotional rewards paid in $HYPE, not dividends, yield, or investment income. Holding a broker grants no equity, no share of any company, and no claim on the team. Rounds pay only what the desk collects, which can be nothing. Nothing on this page is financial advice. The protocol runs permissionlessly onchain; access it only where doing so is legal for you. Do your own research — the brokers certainly did.