Tokenomics
Understanding the Hytrade tokenomics
The $TRADE (HyperEVM) token enables our users to share in the upside of Hytrade’s success. Unlike other dex aggregators that retain 100% of revenues - outside of referral programs - we wanted to explicitly follow Hyperliquid’s core ethos of community ownership.
**Hytrade Assistance Fund **(aka “token buybacks”): Trading fees are currently 1%. 80% of ALL fees will be continuously used for token buybacks of the $TRADE token on the EVM so our token holders can reap outsized benefits from volume growth
Treasury
The Hytrade treasury stores all of our platform’s revenue generated from trading fees. These funds will be allocated to the following purposes:
Currently, the Hytrade treasury holds 50% of the supply in our Hytrade Multisig. There are a total of 1B (1,000,000,000) tokens, with ~50% in actual circulation (500,000,000).
We will use it for:
- Development: Funding for the development of the platform and its features.
- Points/Rewards: Providing rewards for traders based on trading volume and other on-platform activities.
- Airdrop: We will airdrop to active HyperEVM community members, as well as other metrics.
The breakdown is as follows:
- 20% for team development
- 10% to airdrops
- 20% to points/rewards
Importantly, the team is commited to never selling the team development funds on the open market. If the team requires funds from this stack, we will instead redirect our revenue generation fees to ‘OTC buy’ it from ourselves, and then burn the treasury tokens that we bought from ourselves.
Information about eligible airdrop addresses, as well as Point Season One will be announced at a later date.
The Hytrade Mutlisig address is: 0x0b413EcdfC7bd7631fE6072E6a6948dB7068724a
The Hytrade Deployer/Treasury Address is: 0x2D169e58E106357ACf33D806Cb4667e2972B62DA
Tokenomics
Currently, Hytrade has two revenue streams:
- Through the liquidity we provide to the LP
- Fees generated through platform usage
Both of these revenue streams will contribute to the Hytrade Assistance Fund.
In the future, we will transition revenue generation into a staking program for $TRADE holders.
Tokenomics
Understanding the Hytrade tokenomics
The $TRADE (HyperEVM) token enables our users to share in the upside of Hytrade’s success. Unlike other dex aggregators that retain 100% of revenues - outside of referral programs - we wanted to explicitly follow Hyperliquid’s core ethos of community ownership.
**Hytrade Assistance Fund **(aka “token buybacks”): Trading fees are currently 1%. 80% of ALL fees will be continuously used for token buybacks of the $TRADE token on the EVM so our token holders can reap outsized benefits from volume growth
Treasury
The Hytrade treasury stores all of our platform’s revenue generated from trading fees. These funds will be allocated to the following purposes:
Currently, the Hytrade treasury holds 50% of the supply in our Hytrade Multisig. There are a total of 1B (1,000,000,000) tokens, with ~50% in actual circulation (500,000,000).
We will use it for:
- Development: Funding for the development of the platform and its features.
- Points/Rewards: Providing rewards for traders based on trading volume and other on-platform activities.
- Airdrop: We will airdrop to active HyperEVM community members, as well as other metrics.
The breakdown is as follows:
- 20% for team development
- 10% to airdrops
- 20% to points/rewards
Importantly, the team is commited to never selling the team development funds on the open market. If the team requires funds from this stack, we will instead redirect our revenue generation fees to ‘OTC buy’ it from ourselves, and then burn the treasury tokens that we bought from ourselves.
Information about eligible airdrop addresses, as well as Point Season One will be announced at a later date.
The Hytrade Mutlisig address is: 0x0b413EcdfC7bd7631fE6072E6a6948dB7068724a
The Hytrade Deployer/Treasury Address is: 0x2D169e58E106357ACf33D806Cb4667e2972B62DA
Tokenomics
Currently, Hytrade has two revenue streams:
- Through the liquidity we provide to the LP
- Fees generated through platform usage
Both of these revenue streams will contribute to the Hytrade Assistance Fund.
In the future, we will transition revenue generation into a staking program for $TRADE holders.