What are HyperCubes?

2 min readFeb 6, 2022

Overview

HyperDex offers simplified investment types in the form of ‘Cubes’
Hyper (HYP) Token is the native token to the HyperDex platform
Using HYP, users may upgrade investment Cubes into HyperCubes, increasing overall returns

HyperDex

HyperDex is a DeFi asset management platform that enables anyone to easily and effectively invest in DeFi.

While this article will primarily focus on HyperCubes, more information may be found here regarding the overall platform.

Cubes

A variety of complex investment strategies are simplified and offered in the form of Cubes. Cubes are simply containerised strategies deployed on a public blockchain (BSC).

Anyone, as long as they have a BSC wallet and internet connection, may invest in Cubes offered by HyperDex.

HYP Token

Hyper (HYP) tokens are the native token to the HyperDex ecosystem. The purpose of HYP is to enhance the overall utility and productivity of the platform.

HYP may only be acquired in certain ways. The first way is to buy it, which is done by either participating in the pre-sale or swapping for HYP via a DEX. The next way is the earn it as a reward from either a HYP Fixed Income Cube, any HyperCube, participating in the farm, or from the referral program.

For more information about HYP tokens check out this article.

HyperCubes

HyperCubes are upgraded versions of normal investment Cubes that increase overall returns.

Users may upgrade Cubes to HyperCubes by depositing HYP tokens alongside their original Cube investment. This can range from 10–100% of the original stablecoin or crypto asset value of the Cube investment.

Types

Any normal Cube may be upgraded to a HyperCube. Therefore, the following HyperCubes are possible:

Fixed Income HyperCube
Algo Trading HyperCube
Race Trading HyperCube

With more to come over time (e.g. Modular Cube)

Benefits

The benefits received from HyperCubes are dependant upon which Cube has been upgraded.

The benefits of HyperCubes are as follows:

Fixed Income HyperCube: increased return on Cube investment + 20% of the investments USDT value in HYP
Algo Trading HyperCube: equivalent amount of the underlying assets performance return in the form of HYP
Race Trading HyperCube: equivalent amount of the underlying assets performance return in the form of HYP

Conclusion

HyperDex simplifies complex investment types and offers them to investors in the form of Cubes. Anyone, regardless of their crypto or investing background, may easily invest in DeFi using HyperDex. Users may effectively increase their overall Cube returns by depositing the native HyperDex token, HYP, alongside their original investment.