How the gauge fills

The gauge has two inputs and no others.

Creator fees

$YIELD launches on Ascend. Every trade there pays the launchpad's fee, and the launchpad pays a share of it to the coin's creator. For $YIELD that creator share is routed to the gauge. The keeper stakes what arrives into kHYPE and records each deposit in the journal.

Creator fees
AscendStaking yield
on the kHYPE held

→YieldGauge
kHYPE, valued in HYPE→YIELD ticker
HIP-1 auction

Two inputs, one way out.

Staking yield

The gauge holds kHYPE, whose HYPE value grows as Hyperliquid staking rewards accrue. The gauge counts what it holds in HYPE at the posted kHYPE rate, so the yield shows up as a slowly rising value even on days with no trades. It is small next to the fees: about 2 to 3% a year.

Why the rate is posted

Kinetiq's rate lives on HyperEVM and Elysium cannot read it. The keeper posts it to KRateFeed, which accepts only increases of at most 0.1% a week.

How fast it fills

The pace depends on two numbers: daily volume and the launchpad's creator share. The auction price falls to 500 HYPE at its floor, and the target of 515 HYPE adds the bridge and activation costs.

days to fill = (515 HYPE - gauge) / (daily volume x creator share)

Reading it

curl -s https://yieldium.app/api/gauge