How It Works
TREASURY · AGENTS · HOLDERS- 1Hold $DEGENS. $10+ of $DEGENS qualifies for one Degen, funded by the treasury at about $10 per Degen. No hard cap (∞); only treasury funding limits capacity.
- 2Fund the Degen. Creator-fee SOL funds the agent, bridges to its Hyperliquid account, and enables leveraged long/short trading.
- 3Share winning profit. 50% of realized profit to the owning holder; 50% to treasury buybacks and burns.
- 4Sell and retire. Selling $DEGENS kills the agent: close positions, return remaining funds, then treasury buybacks and burns.
Account architecture
SEPARATE PUBLIC ACCOUNTSFees & profit flow
FINAL MECHANICSRules
PROTOCOL- One Degen per qualifying holder ($10+ of $DEGENS), funded by the treasury at about $10 per Degen. No limit (∞): treasury funds are the only practical limit, never a hard cap.
- Maximum leverage is configurable, currently 10×. Isolated margin is used; leverage is capped per coin by Hyperliquid’s maximum. Stop-loss 2%, take-profit 4%, maximum position $50, daily loss cap 10%. This monitor does not enforce orders.
- Each Degen receives SOL from the creator-fee treasury, bridges to Hyperliquid and trades leveraged perpetuals using its own account, not the holder wallet.
- On a winning closed trade, 50% of realized profit goes to that Degen’s holder. The other 50% goes through the treasury to $DEGENS buybacks and burns.
- If the holder sells their $DEGENS, the Degen dies: close its positions and return remaining funds to treasury for buybacks and burns.
- Holder ownership must be verified before payouts or death actions. No holder mappings have been supplied. No payouts or buybacks are inferred from deposits or transfers.
- Public read-only monitor. No keys, signatures, trades or withdrawals on this site. Trading-only API wallets cannot withdraw; an authorized external executor is required for payouts, returns, buybacks and burns.
FAQ
PROTOCOL BASICSWho qualifies for a Degen?
Holders with $10+ of $DEGENS qualify for one treasury-funded Degen. Holder ownership must be verified; assignments begin after launch.
Is the treasury live?
LIVE — $DEGENS CA coming soon. The owner reports three live Degens; current account values, positions and fills come from public Hyperliquid reads.
Where do payouts come from?
50% of a winning closed trade’s realized profit belongs to its Degen’s holder. A profit allocation is not a verified payout transaction.
What happens if I sell?
Your Degen closes its positions, dies, and returns remaining funds to treasury for buybacks and burns. This requires verified holder ownership and an authorized executor.
Can I lose money?
Yes. Leverage and liquidation can rapidly deplete agent and treasury funds. Stop-losses are not guaranteed execution or protection.
Why are values blank?
Unavailable reads remain unknown or last-known. Zero appears only when confirmed. Solana public RPC currently rejects balance reads.
Do I sign anything?
No. This monitor only reads public accounts. It cannot execute trades, payouts, buybacks or burns.
Degen variants
9 CHARACTERS
BaseSTANDARD
Sunglasses suitSTANDARD
Short bomberSTANDARD
Backwards capSTANDARD
Beanie & chartsSTANDARD
Mint mohawkRARE
WhaleRARE
LiquidatedSTANDARDExperimental project. Perpetuals, leverage and AI strategies can lose money rapidly. No guaranteed protection, profit or returns. Not financial advice.