Rent depth.
Pour it in.
SPOUT is a liquidity rental market on Elysium. Projects rent HYPE depth for 7 to 30 days to trade from day one without spending their treasury. LPs earn rent every second plus trading fees, a reserve tank covers their losses, and the rental ends early once the pool trades on its own.
- Filled
- 0 / 500 HYPE
- Flow rate
- 10% rising
- Rent to taps
- 0 HYPE
Turn a tap to start the fill. The rate opens at 10% and climbs until the basin is full.
From rented depth to a pool that trades on its own.
- 01Open
A project prepays the rent, funds a reserve tank and locks some of its token.
7 to 30 day terms - 02Fill
LPs deposit HYPE. The rent rate starts low and rises until the target is met.
Fill window 48h - 03Flow
The HYPE sits just under the token price as trading depth. Rent pays out every second.
Checked every 3s - 04Spring
If outside liquidity holds the target, the rental ends early and LPs keep a bonus.
50% of unused rent - 05Settle
Positions close, the reserve tank covers any losses and every wallet is paid.
Protocol keeps 10% of rent
Day one depth without spending your treasury.
- Rent HYPE liquidity under your token for 7 to 30 days.
- Pay only the rate the fill settles at. Unused rent comes back.
- End early once the pool trades on its own, and get the reserve tank back.
Rent every second, plus fees.
- Fund rentals with HYPE and earn rent every second plus trading fees.
- The project's reserve tank covers your losses.
- Payouts land in your wallet. There is nothing to claim.
The shutoff valve watches every block.
Every live rental is checked for four warning signs. If one trips, LPs are pulled out and the reserve tank pays them.
All four are checked on chain about every 3 seconds. Point at one to see it trip.
Pours open right now.
No pours open yet
The board fills the block a project funds its first pour. Every number on it is read from the vault and the pool, live.
Before you open a tap.
The project prepays it into the pour's vault before any tap opens, at the maximum flow rate for the full term. Taps earn the rate the fill clears at; anything unused goes back to the project, minus the spring bonus.
Your HYPE sits below the price. If sellers push the price into your range, part of it becomes the token. At the end your result is valued at the pool TWAP and any loss is paid from the reserve tank, up to the tank's size. The cover ratio is on every pour page.
Each pour has its own vault wallet, run by the SPOUT server. It holds the deposits and owns the position NFTs for the term, and every action it signs is listed on the pour page with its transaction.
SPOUT exists to get a pool flowing. When organic liquidity from other LPs holds the spring target for a full day, the rental has done its job, the taps close and keep a bonus from the unused rent.
The pool TWAP falling under the floor, the token side leaving the vault, any change to the token's supply, or a dev wallet moving more than 20% of its balance. Taps exit at once and the reserve tank pays out.
Fixed supply ERC20 tokens created by a supported Elysium launchpad factory, with no owner mint, pause, blacklist or upgrade path. SPOUT checks the bytecode and the creation transaction before a pour opens.