Buy NVDA, the S&P or TSLA as tokens you hold in your own wallet on Elysium. Pay with USDC, HYPE or your Ascend bag. Each token is fully backed by a matching position on trade.xyz, and every fee buys back the coin.
Snapshot from the Hyperliquid API · Nov 10, 17:30 UTC+4
From any coin in your Elysium wallet to a stock token you own, and back to USDC. Scroll to walk the route.
USDC, HYPE or any Ascend coin, from your wallet on Elysium. Ascend coins are sold for USDC through Ascend's router first, so the trade pays Ascend's pool fee.
PAYHEDGEMINTUSEREDEEMPick what you pay with and the stock you want. Tyche swaps, hedges and mints in one flow, and the token lands in your wallet on Elysium.
Need leverage? Trade the same markets up to 50× from your Elysium wallet.
Each tyStock is a share of an on-chain vault. The vault holds USDC on Elysium and one matching position on trade.xyz. That's all there is.
Every token is backed by the USDC its buyer paid in. Part sits in the vault on Elysium, the rest is margin for the matching position on trade.xyz.
Nobody takes the other side of your trade inside Tyche. The vault's hedge trades against trade.xyz's order book.
You mint and redeem at the price the vault actually got on the book, plus a small fee. No oracle sets your price.
The hedge account is owned by Tyche's contracts. Keepers can place orders but can't withdraw. Contract addresses and balances are public.
tyNVDA vaultThe vault rebalances margin between Elysium and HyperCore automatically. Redemptions are paid straight from the Elysium buffer.
Live prices from trade.xyz, the books every tyStock vault hedges on. Each market can back a long token and a short token, open around the clock.
The trading is serious. Everything around it is made to be shared.
One featured stock each day, voted on by holders. Part of the fees it earns buys back the Tyche coin and burns it, with every burn posted on-chain.
Turn an Ascend coin into tyNVDA in one tap. A leaderboard shows which memecoin bought the most stock tokens.
Double points on a stock on its earnings day, with a live room to follow the print. After-hours moves are tradable.
Monthly PnL and volume seasons. Top traders split part of the buyback pool, paid in the coin.
A shareable card comparing your memecoin with NVDA over the same week. Cope, or flex.
50% of net revenue market-buys the coin on a set schedule. Every fee claim and every buy is posted with its transaction link, so the volume becomes a story anyone can check.
Estimates only: mint and redeem fees, before hedging costs. $10M a day is about 0.2% of trade.xyz's current daily volume.
ReceiptsSo do we. The coin launches on Ascend, so its own trading volume pays the pad too.
50% of net revenue market-buys the coin on a set schedule. Every buy is posted with its transaction link.
Holding cuts your mint and redeem fees, down to zero for the top tier.
Stakers get part of net revenue in USDC or HYPE, paid from fees, not emissions.
Holders earn more season points.
Holders vote on the featured stock. Part of its fees buys back and burns the coin.
Tyche, goddess of fortune, holds a cornucopia in one hand and a ship’s rudder in the other: wealth, and control of the course. On Elysium, she turns luck into fortune.
The app opens on Elysium soon. Get in early for season zero.