testnet · simulation · no real funds
how SUPA works
every coin is always in one of three states: rising, graduated or supa.
the bonding curve
a coin starts on a constant-product curve with virtual reserves. you buy and sell against the curve itself, so there is always a price and always a way out.
(Vh + R) × (Vt − S) = k R real HYPE in the curve S tokens sold by the curve Vh virtual HYPE Vt virtual tokens progress = R ÷ graduation target
| testnet parameter | value |
|---|---|
| graduation target | 1000 HYPE |
| virtual HYPE | 300 HYPE |
| virtual tokens | 1,000,000,000 |
| price at 100% vs launch | 18.8× |
simulation values. they can change before any real launch.
graduation
when progress reaches 100%, the coin graduates. the last buy is clipped to the exact target, and anything above it stays in your wallet. the curve is done and the coin trades on the DEX. the supernova no longer applies.
the supernova
two conditions, in this order:
- armed. the highest progress ever reached is strictly above 50%. once armed, it stays armed.
- triggered. progress then falls strictly below 20%.
then the coin goes supa: the curve freezes, trading stops, and the HYPE left inside becomes the refund pool.
the line holds
once a coin is armed, no single sale can punch through the line. a sale that would cross 20% stops just under it and fires the supernova. tokens you didn’t get to sell stay yours and take part in the refund.
| state | trading | what you can do |
|---|---|---|
| rising | open | buy, sell anytime |
| graduated | on the DEX | trade on the DEX |
| supa | frozen | claim your refund |