Oracle

HYPERMAX Lending uses a single, unified oracle source for all pricing: HyperCore mark prices accessed via precompiles.

This ensures accurate, tamper-resistant, and manipulation-resistant collateral valuation across the protocol—without relying on third-party or cross-chain oracle networks.

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Mark Price via HyperCore Precompiles

All collateral and borrowed assets in HYPERMAX Lending are priced using HyperCore’s canonical mark price, delivered trustlessly through precompiled contracts on HyperEVM.

• Direct Integration: Precompiles provide real-time access to Hyperliquid’s internal pricing engine.

• High Reliability: HyperCore mark prices reflect the most robust, manipulation-resistant pricing source in the ecosystem—used for settlement and liquidation on Hyperliquid itself.

• No External Dependencies: No Chainlink, Pyth, or Redstone integration is needed. Price data is native and permissionless.

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SmartFund Token Pricing

SmartFund tokens (e.g., HFY, BFY) are priced using internal Net Asset Value (NAV) calculations. NAV is derived from:

• HyperCore mark prices of underlying assets (spot and perp)

• Onchain accounting of vault positions and balances

• Periodic rebalancing and exposure updates enforced by SmartFund contracts

This structure guarantees that even synthetic or strategy tokens are accurately priced and verifiable onchain, without relying on volatile DEX prices or thin oracles.