FAQ
Short answers to common questions.
Do I own the assets in the basket?
You own index tokens, which are shares of the fund. The fund owns the assets on HyperCore.
Why does the price not match the weights exactly?
Weights drift as prices move between monthly rebalances. The rebalance resets them.
Can I redeem for BTC or ETH instead of USDC?
No. Redemptions pay USDC only.
How long does a mint take?
Usually a minute or two. If a request is not settled within an hour you can cancel it for a full refund.
What is the smallest mint?
About $10. The mint panel shows the exact figure.
Why is HYPE5 the only rUSD collateral?
It holds only spot crypto tokens, which can be sold in a liquidation.
Do I need to claim airdrops every day?
No. Claims are cumulative, so you can claim whenever you like.
Is there a minimum RSRV holding for airdrops?
Yes. Your time weighted average balance over a day must be at least 50,000 RSRV to be paid for that day.
Who decides what is in the index?
The ranking does. The rules are on the Methodology page, and every composition is published onchain three days ahead.
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