Strategies

Strategy classes

Liquidity and staking strategies run through the StrategyManager. Every class ships disabled: an adapter is activated only after its external contracts are verified on Elysium and governance registers it.

Status today: every adapter is “Disabled: integration not verified on Elysium”.

No liquidity venue, staking contract or stablecoin integration has been verified on Elysium yet, so no strategy adapter is registered. This status does not depend on the data mode.

Liquidity

Stable / Stable

Disabled

Liquidity in correlated stablecoin pairs. Lowest price risk of the four classes.

Disabled: integration not verified on Elysium

Risks

· Stablecoin depeg

· Venue smart-contract risk

Onchain limits

· Each position ≤ 5% of NAV

· Per-protocol exposure ≤ 10% of NAV

Before it can be enabled

Two independent price feeds per stablecoin
Venue router verified on Elysium
Governance-approved adapter

Swap fees, harvested into the REVENUE bucket.

Protocol status · no adapter verified

Liquidity

HYPE / Stable

Disabled

Liquidity between HYPE and a stablecoin, deepening the core pair of the ecosystem.

Disabled: integration not verified on Elysium

Risks

· Impermanent loss against HYPE moves

· Venue smart-contract risk

Onchain limits

· Each position ≤ 5% of NAV

· Per-protocol exposure ≤ 10% of NAV

· Wide or full-range positions first

Before it can be enabled

HYPE and stablecoin feeds
Venue router verified on Elysium
Governance-approved adapter

Swap fees, harvested into the REVENUE bucket.

Protocol status · no adapter verified

Liquidity

Project / HYPE

Disabled

Liquidity support for approved ecosystem tokens, paired with HYPE.

Disabled: integration not verified on Elysium

Risks

· Project token volatility

· Thin markets

· Counts toward the project's exposure limit

Onchain limits

· Project exposure = direct holdings + LP underlying

· Each position ≤ 5% of NAV

Before it can be enabled

Token approved by governance
Independent TWAP + secondary feed
Venue router verified on Elysium

Swap fees, harvested into the REVENUE bucket.

Protocol status · no adapter verified

Staking

HYPE staking

Disabled

Staking of treasury HYPE through an approved staking venue.

Disabled: integration not verified on Elysium

Risks

· Validator or venue slashing

· Receipt-token depeg

· Unbonding delay

Onchain limits

· Per-protocol exposure ≤ 10% of NAV

· Receipts never tracked as assets (underlying only)

Before it can be enabled

Staking contracts verified on Elysium
Receipt pricing feed
Governance-approved adapter

Staking rewards, harvested into the REVENUE bucket.

Protocol status · no adapter verified

Rules enforced by the StrategyManager

contracts/src/strategy

Adapters are registered by governance only, behind the 2-day timelock.
No leverage, no borrowing. Wide or full-range liquidity first.
Project tokens come from and return to HOLDINGS; everything else from and to STRATEGY.
Harvests credit the REVENUE bucket only. Principal shortfalls are recorded as losses and recovered before any reinvestment.
Every deposit is followed by RiskController.checkStrategy; a breach reverts the deposit.
The guardian can deactivate a strategy or force an emergency exit back to the vault, even while paused.