Open Beta — Live on Base

The World's First
Hashrate Derivatives Exchange

Purpose-built decentralized infrastructure for the world's supercommodity. Trade hashrate futures, perpetuals, and options — all on-chain.

Explore the Product View Tokenomics
Product
A Full Derivatives Stack for Hashrate
From futures to perpetuals to options — every instrument miners and traders need to hedge, speculate, and manage hashrate exposure on-chain.

Hashrate Futures

Standardized futures contracts for Bitcoin hashrate. Currently live in open beta on Base.

Perpetuals

Perpetual swap contracts for continuous hashrate exposure without expiry. Currently in final testing with a targeted Q2 2026 launch alongside Founding Traders program.

Options

Hashrate options for sophisticated hedging strategies. Miners can lock in floor prices while retaining upside. Targeted for H2 2026.

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Agentic Trading

Autonomous AI agents that execute hedging and trading strategies on behalf of users, bonded with HPDX tokens for accountability.

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Chainlink Oracle

Institutional-grade hashprice oracle bringing real-time, verifiable hashrate price feeds on-chain. Targeted for H2 2026.

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Cross-Chain Deploy

Multi-chain deployment strategy starting with Base, expanding to additional L2s for maximum liquidity access and composability.

Designed for Structural Demand
Every major action on the platform — trading, running agents, operating keepers, providing oracle data — either locks tokens or burns them.
10B
Fixed Supply
25%
Fee Buyback & Burn
20%
Governance Yield
55%
Protocol Treasury

Six Value Accrual Mechanisms

01

Fee Buyback & Burn

25% of all protocol revenue buys HPDX off the market and burns it permanently. Supply shrinks as volume grows.

02

Agent Bonding

Every agentic trader must bond HPDX tokens to operate. More agents on the platform means more tokens locked.

03

Oracle Staking

Nodes providing hashrate price data stake HPDX. Scales with the Chainlink oracle integration and data feed expansion.

04

Keeper Network

Keepers execute liquidations and settlements, earning a 50/50 commission split. Must stake HPDX to participate.

05

Fee Discounts

Traders staking HPDX receive up to 40% off trading fees across four tiers. Most active traders become biggest holders.

06

Governance Yield

20% of protocol revenue flows to stakers who participate in governance. Hold, stake, earn — not just vote.

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Your AI Agent

Plug in your own trading agent

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HPDX Bond

Tokens locked as accountability collateral

Strategy Execution

Futures, perps, options — fully automated

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User Returns

Performance tracked, bond slashed on misconduct

Plug In Your Own
AI Agents

HPDX supports agentic trading — connect your own AI agents to execute hedging and trading strategies on-chain. Every agent is bonded with HPDX tokens for accountability, with slashing for misconduct.

Bring your own AI agents
Token-bonded accountability
Slashing for misconduct
Open infrastructure for any strategy
Transparent on-chain performance
Roadmap
From Beta to Full Suite
Now

Hashrate Futures Beta

Live on Base. Standardized hashrate futures contracts in open beta with early traders.

Futures Base Open Beta
Q2 2026

Perpetuals & Founding Traders

Perpetual swap contracts go live. Founding Traders program launches for early liquidity providers and power users.

Perpetuals Founding Traders
H2 2026

Options & Expansion

Hashrate options, cross-chain deployment, and a Chainlink hashprice oracle for institutional-grade data feeds.

Options Cross-Chain Chainlink Oracle
2027+

Full Suite

Prediction markets, DeFi composability, API/SDK for market makers, and agentic trading infrastructure. The complete hashrate derivatives platform.

Prediction Markets DeFi Composability API/SDK Agentic Trading