NOTCaviarNine

HyperStake · LSULP / XRD · Radix mainnet

CaviarNine is gone.
But contracts never die.

CaviarNine is leaving Radix and its website is going withdraw-only. The HyperStake contracts stay live on ledger. This independent frontend keeps them usable: instant stake and unstake XRD, or provide LSULP/XRD liquidity and earn the fees.

LSULP NAV
1.2233 XRD
Pool price
1.2077 XRD
−1.28% vs NAV
TVL
17.90M XRD
2.65M XRD · 12.47M LSULP
LP fee APR (7d)
16.45%
534 swaps · realised
7d volume
70.55M XRD
HLP supply
7.71M
Live from the Radix Gateway · ledger state 555,284,328

How HyperStake works

01

One pool, two tokens

A native Radix pool holds LSULP (a basket of validator stake) and XRD. LPs hold HLP, a pro-rata claim on both.

02

A curve that follows NAV

Every swap reads the live LSULP value and rebuilds a concentrated curve between 98.5% and 100% of NAV. Nothing to rebalance.

03

Fees from impatience

Unstakers who won't wait 7 days sell LSULP below NAV; stakers buy the discount. Each swap pays 0.1%: 80% to LPs, 20% to CaviarNine's vaults — set on-ledger.

Status · who keeps what running

What still depends on CaviarNine

The website was the easy part. This is the whole chain behind a swap, what's healthy, and what we're watching.

Operational·2 to watchlive · 0s ago
Your walletyou sign every stepusesThis websiteopen source · no custodyswaps inHyperStake poolLSULP ⇄ XRD · open to allholdsLSULP + XRDthe real reservespriceCaviarNine staking poolsets the LSULP valuegated byApproved validatorslist maintained by ownerowned byCaviarNine admin keyhandover pending
  1. Apr 2025
    HyperStake launched by CaviarNine
  2. Oct 2025
    Validator list last updated
  3. 21 Aug 2026
    CaviarNine announces it is leaving Radix; admin-key handover requested
  4. Aug 2026
    Not CaviarNine goes live
In their words

“Anyone can build and run their own front end.”

— Tronn, CaviarNine, Telegram, 21 Aug 2026 ↗

“We are not switching the DEX off. The smart contracts stay live on ledger. What changes is our website.”

“Anyone can build and run their own front end to any of the components, today or in a year. That's the point of self-custodial DeFi and it's why we built it this way.”

Thank you, Oliver, Chris and the CaviarNine team, for five years of building on Radix and for open-sourcing the contracts.