▫️What is Hypersea?

Hypersea is a state-of-the-art decentralized exchange (DEX) that allows users to trade cryptocurrency assets in a trustless, secure, and efficient way. What sets Hypersea apart from other DEXs is its unique liquidity management mechanism and the use of fungible liquidity, meaning that it is not necessary for liquidity providers to actively manage their positions on the exchange, making it an attractive option for those looking to passively earn a return on their holdings.

Telemetry: Prepared for both sunshine and turbulence

One of the key features of Hypersea's liquidity management mechanism is its ability to intelligently allocate liquidity based on various inputs, such as oracle data, arbitrage activity, and reserve draining/flooding/rebalancing rates (speed). By doing so, Hypersea can protect liquidity providers from harmful situations and ensure minimal slippage for traders, maximizing trading volumes (and liquidity providers' profits) in steady-state conditions and preventing or mitigating risks during turbulent times.

Of course it has token

At the heart of Hypersea is the HYPS token, which is a quasi-stablecoin that aims to provide stability while also generating profits for its holders. HYPS is backed by the Protocol Active Treasury (PAT), a feature that provides additional liquidity to the system and helps keep the token price stable.

DEX + Basket (Fund)

Overall Hypersea can be considered as consisting of two main components:

• a decentralized exchange with unique AMM strategy and fungible liquidity and

• a diversified cryptocurrency basket, with fractional ownership through the HYPS token (which is not part of the basket, to prevent unhealthy recursion). This diversified cryptocurrency basket is known as the Protocol Active Treasury (PAT).

By holding the HYPS token, users own a portion of this basket and can benefit from diversification, which results in low volatility. The PAT also acts as liquidity on the exchange, potentially earning interest from trades and increasing in size. As a result, the value of the HYPS token can potentially increase while remaining low volatility. The HYPS token can be thought of as an index of cryptocurrency with profitability from providing liquidity.

Neverending story

Hypersea is constantly evolving and improving, with ongoing research and development in areas such as log-scale measurements of dynamic aspects of financial activity, economical theory behind trading curves and surfaces and advanced liquidity modeling, including multi-dimensional generalizations of the concentrated liquidity. With its unique features and innovative technology, Hypersea is poised to become a leading decentralized exchange in the world of cryptocurrency trading.