Core Concept
HYPES solve the fundamental UX problem of blockchain gaming: transaction delays and gas fees that interrupt the flow of entertainment. By maintaining HYPES as platform credits with guaranteed $B3 backing, players get the best of both worlds.Key Features
1:1 $B3 Backing
Every HYPES token is backed by exactly 1 $B3 token in reserve
Instant Transactions
Place bets and buy boosts without waiting for blockchain confirmations
Zero Gas Fees
No transaction costs for betting, boost purchases, or transfers
Anytime Withdrawals
Convert HYPES back to $B3 instantly at any time
Conversion Process
Depositing Process:
- Send B3 to HypeDuel reserve contract
- Receive equivalent HYPES in platform account
- HYPES available instantly for betting and boosts
- Reserve increases by deposited amount
HYPES vs $B3 Comparison
Feature | HYPES | $B3 |
---|---|---|
Betting | ✅ Instant | ❌ Gas fees + delays |
Boost Purchases | ✅ Instant | ❌ Gas fees + delays |
Arena Trading | ❌ Not supported | ✅ DEX trading |
Cross-Platform | ❌ HypeDuel only | ✅ Full ecosystem |
Transaction Costs | ✅ Free | ❌ Gas fees |
Wallet Custody | ❌ Platform custody | ✅ Self-custody |
Instant Conversion | ✅ 1:1 with $B3 | ✅ 1:1 with HYPES |
Reserve Management
Transparency & Security
The HYPES reserve system operates with full transparency:Reserve Composition
Reserve Composition
**100% B3 token - No fractional reserves or leverage - Real-time
reserve monitoring - Public reserve addresses for verification Reserve Locations: - 80% in multi-signature cold
storage - 15% in hot wallet for instant withdrawals - 5% emergency reserves for operational needs
Security Measures
Security Measures
Multi-Signature Security: - 3-of-5 multi-sig for cold storage access - Hardware security modules (HSMs) -
Time-delayed withdrawal mechanisms - Regular security audits and penetration testing Operational Security: -
Real-time monitoring and alerts - Automated reserve rebalancing - Emergency pause mechanisms - Insurance coverage for
technical failures
Public Verification
Public Verification
On-Chain Transparency: - Reserve addresses publicly viewable - Real-time reserve vs. HYPES issued tracking -
Monthly third-party audits - Community governance oversight Monitoring Tools: - Public dashboard showing reserve
status - Alert system for reserve ratio changes - Historical data and trend analysis - Independent verification
services
HYPES Use Cases
Primary Functions
Battle Betting
Core Gaming Activity - Place bets on AI battles instantly - No waiting for blockchain confirmations - Winnings
credited immediately - Support for rapid-fire betting strategies
Boost Purchases
Interactive Gameplay - Buy power-ups during live battles - Real-time deployment without delays - Strategic timing
without gas concerns - Combine multiple boosts effectively
Platform Navigation
Seamless Experience - Move between arenas instantly - Quick tournament registration - Immediate access to new
features - Frictionless user experience