$SMLT · Solana

Round #6

One real, disclosed leveraged position per round.
Winning rounds resolve into an automatic buyback and burn.

KEEPER OFFclosed · loss

Current position

No position open

The next round's position appears here the moment it fills on Hyperliquid.

Round status

CLOSED · LOSS

0:00

Closed

Rounds run 3 minutes each

Asset: SOL
Leverage: 3x
Collateral: $15

Treasury wallets

Two wallets, two roles. Both are public so the mechanism stays checkable.

Hyperliquid account

HYPERLIQUID

Holds the live position

0x6236...9f7cOpen ↗

Solana fee wallet

SOLANA

Receives creator fees, buys and burns $SMLT

5CXtxc...rQX4Open ↗

Round flow

✓
Position open
✓
Position close
✓
Realized PnL
4
Buy SMLT
5
Burn

Losing round: no profit, so no buyback or burn.

Round rules (from configuration, not tunable per round)

Round length: 3 minutes
Asset(s): SOL
Leverage: 3x isolated long
Order type: IOC at mid, 50 bps cap
Collateral per round: 50% of free margin, at most $100
Bridge lot: 0.25 SOL minimum, 0.05 SOL kept for fees
Bridge cap: 1000000 SOL per day
Withdrawals: None, ever. Profit stays on the venue as margin

Fee-funded loop

1. Creator fees claimed

Source: stonk launchpad · claiming is switched off

No claim transactions yet.

2. SOL bridged to Hyperliquid

Via Unit, in lots of at least 0.25 SOL, keeping 0.05 SOL for fees and whatever a queued burn still needs.

No bridge transfers yet.

3. Converted to USDC margin

Spot USOL sold for USDC on Hyperliquid; on a unified account that USDC is the next round's margin.

No conversions yet.

Burn owed: $0.00(nothing queued)

Realized profit stays on Hyperliquid as collateral. Each win is mirrored: the fee wallet spends the same USD amount of SOL on $SMLT and burns it. Nothing is ever withdrawn from Hyperliquid.

Mirrored buyback-and-burn feed

Round #4 · $0.07 of profit mirrored · 0.0006 SOLBurnedswap burn

Round history

Round	Collateral	Entry	Exit	Result	Burn ($SMLT)
#6 · SOL09-24 01:46 UTC	$15.28 · 3x	$114.83	$114.84	Loss(+$0.00, fees $0.04)	none
#5 · SOL09-24 01:41 UTC	$15.41 · 3x	$115.47	$114.92	Loss($-0.22, fees $0.04)	none
#4 · SOL09-24 01:36 UTC	$15.37 · 3x	$115.09	$115.36	Win(+$0.11, fees $0.04)	view burn
#3 · SOL09-24 01:31 UTC	$15.38 · 3x	$115.03	$115.09	Loss(+$0.02, fees $0.04)	none

Keeper status

Keeper: disabled · last tick 01:57:06 UTC: disabled

KEEPER_ENABLED=false, tick is a no-op

Agent approvals on the venue account: smelt burn (until 2027-03-23) · account mode unifiedAccount

$SMLT contract

8RjKonxe8Eu5zb5KqDXUrnKmMXXBw2XBYTKD2sQWwH5z