Themissingassetclass.

Strake enables Crypto Index Perps.

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Index Perpetuals

Trade BTC Dominance. Short Altcoin Season. Hedge Stablecoin Flows.

Two categories of index perpetuals. From macro structure to sector tracking.

Market Structure
BTCD20x

Bitcoin Dominance

Most-watched macro metric; rotation signal

BTC MCap / Total MCap
STBLD20x

Stablecoin Dominance

Risk-on/risk-off gauge

Stable MCap / Total MCap
BRSI2x

BTC RSI

Momentum oscillator; mean-reversion vehicle

14-period RSI on BTC/USD

And more...

ETH RSI · HYPE Perp Share · Funding Rate Index...

Sector Tracking
TOT35x

Altcoin Cap (ex-BTC/ETH)

Direct altseason exposure

Total MCap - BTC - ETH
OTHRS3x

Others Index

Long-tail alt exposure; high beta

Total MCap - Top 10 MCap
MEMEC3x

Memecoin Composite

Retail sentiment proxy; high volatility

MCap-weighted top-20 memecoins

And more...

RWA Index · AI Tokens · DeFi Index...

How it works

Three steps. No basket trades. No rebalancing.

Step 1

Choose an Index

Select from 7 market structure indices, from BTC Dominance to Memecoin Composite.

Step 2

Open a Position

Go long or short with up to 20x leverage. One position, one liquidation price.

Step 3

Trade Market Structure

Express macro views directly. No more multi-leg basket trades or correlation risk.

Infrastructure

Built on battle-tested infrastructure

From consensus to launchpad, every layer purpose-built for on-chain index perpetuals.

L4

Perps.fun

Permissionless Launchpad

Abstracts HIP-3 deployment. Lists exotic perps: collectibles, prediction markets, volatility products.

L3

SEDA Network

Programmable Oracle

Custom WASM Oracle Programs aggregate multi-source price feeds. Sophon solver delivers authenticated data to HyperCore every 3 s.

L2

HyperCore + HIP-3

Native Trading Engine

Rust-based VM optimized for trading. On-chain CLOB for perps & spot. HIP-3 lets any builder deploy their own perp DEX with custom oracles.

L1

HyperBFT

Consensus Layer

HotStuff-inspired BFT consensus in Rust. Sub-200 ms median finality. Supports 200K+ orders/sec. Shared by HyperCore and HyperEVM.

Strake index perps live across this stack
By the numbers
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Index Perpetuals
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Oracle Updates
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Research

Read the Full Research Paper

18 pages covering index design, SEDA oracle integration, HIP-3 mechanics, volatility analysis, and leverage calibration.

18
Pages of Research
Index Design Methodology