Fair Profit Tracking System
HYPE Saver implements a sophisticated profit tracking system designed to ensure fairness and transparency for all users. Our approach prioritizes accuracy and protects users from paying performance fees on unrealized or artificial gains.
How Profit Tracking Works
When executing actions that include a swap (such as leverage actions - Boost or Repay), HYPE Saver's profit tracking system:
Estimate Using Contract Rate
Tracks an amount estimated using the rate from the staked HYPE token contract rather than the actual received amount
Account for Market Impact
Any loss caused by trade size impact or slippage is counted as a loss in the profit calculation
Calculate Fair Performance
Performance fees are only applied when the position actually creates positive profit for the owner
Key Benefits
- No Artificial Gains: Slippage and trade impact losses are properly accounted for
- Fair Fee Structure: Performance fees only apply to actual profitable positions
- Transparent Calculations: All profit calculations are based on verifiable contract rates
- User Protection: System designed to protect users from unfair fee assessments
Performance Fee Display
This means that what you see in the UI is the net profit you can expect to receive after all fees are deducted.
Example Scenario
Let's say you have a leveraged position and want to boost it:
- Contract Rate: 1 stHYPE = 1.05 HYPE
- Market Rate: 1 stHYPE = 1.04 HYPE (due to slippage)
- Profit Calculation: Uses the 1.05 rate, accounting for the 0.01 HYPE loss
- Result: The slippage loss is properly reflected in your profit tracking