testnet · simulation · no real funds
refund math
when a coin goes supa, all the HYPE left in the curve is shared between the wallets still holding it.
the formula
pool = HYPE left in the curve
claim = the smaller of:
buys − sells
cost of tokens still held
(never below zero)
refund = pool × claim
÷ sum of all claims- buys count the HYPE that entered the curve, after the fee.
- sells count the HYPE that left the curve, before the fee.
- cost of tokens still held drops pro rata with every token you sell.
- you must still hold the coin. no tokens, no claim.
a full example
a coin goes supa with 200 HYPE left in the curve.
| wallet | story | claim | refund |
|---|---|---|---|
| alice | put in 300, never sold | 300 | 150 |
| bob | put in 100, never sold | 100 | 50 |
| carol | put in 100, sold everything for 210 | 0 | 0 |
| dan | put in 50, sold half for 140 | 0 | 0 |
alice · 150
bob · 50
total claims: 400 HYPE. alice and bob each get back 50% of what they put in. carol and dan already took out more than they put in, so they claim nothing, even though dan still holds.
what selling does to your claim
five wallets, each put in 30 HYPE.
| what they did | claim |
|---|---|
| never sold | 30.00 |
| sold half, at a loss | 15.00 |
| sold 99.9% | 0.03 |
| sold everything | 0.00 |
| sold half, in profit | 0.00 |
why refunds are rarely 100%
profit taken before the blast has already left the curve. the people who took it are out of the split, but their gains are not in the pool.