Settlement infrastructure · Elysium

Activity is the asset.

Furnace runs a settlement engine on Elysium: contracts that continuously maintain quotes, rebalance liquidity and close price gaps across Elysium pools. Stake HYPE, hold xFURNACE, and receive a weekly share of protocol revenue in HYPE.

Furnace engine · telemetryFull dashboard →

Engine txs

Preview
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Keeper transactions · dashboard

Gas paid

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Keeper receipts · dashboard

Pools touched

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FurnaceEngine · dashboard

Stake TVL

Preview
—HYPE
FurnaceStaking · dashboard

Pre-launch preview data, generated in your browser. Furnace contracts are not deployed yet. Tiles switch to live chain reads when contract addresses are set.

The engine

Real work, on-chain, all the time.

Furnace's engine serves Furnace's own markets. Each operation is a transaction from Furnace contracts, and each one has a market reason.

01

Quote maintenance

Re-centers Furnace's liquidity positions around the current price, so its quotes stay where trades happen.

Runs when price leaves a position's band.

02

Liquidity rebalancing

Moves Furnace's inventory between Elysium pools and price ranges as volume and price shift.

Runs when inventory drifts from its target weights.

03

Opportunistic arbitrage

Buys where an asset is cheap and sells where it is dear, closing price gaps between Elysium pools.

Runs when a gap exceeds gas plus pool fees.

Every operation emits an Operation event naming its kind and pool. The dashboard lists them as they land.

The flow

Stake HYPE. Receive HYPE.

Distributions are a share of Furnace protocol revenue: 80% of each epoch's revenue goes to stakers. On-chain inflows set the amount. It varies week to week and can be zero.

01

Stake HYPE

Deposit HYPE into FurnaceStaking. It stays there, redeemable 1:1, and never funds the engine.

02

Hold xFURNACE

Your receipt, minted 1:1. Your share of xFURNACE supply sets your share of each distribution.

03

Engine earns

Arbitrage spread and liquidity fees, realized in HYPE and swept on-chain to the Distributor.

04

HYPE, weekly

Every Monday 00:00 UTC, the staker share of last week's revenue streams to xFURNACE holders over 7 days.

Positioning

Built to be the chain's biggest builder.

Every engine operation is a transaction from Furnace contracts, attributed and public. The dashboard counts them: transactions, gas paid, pools touched.

Verify

Check it on-chain.

Every Furnace claim maps to a contract read, an event or a transaction receipt. Here is how to check each one.

  • The engine performs AMM operations on Elysium poolsOperation events on FurnaceEngine
  • Gas the engine has paidReceipts of every keeper transaction, reverts included
  • Revenue the engine has realizedReceived events on Distributor, source = engine
  • Each weekly allocation and what funded itReceived and Distributed events on Distributor
  • Every staked HYPE is backedHYPE balance of FurnaceStaking ≥ xFURNACE supply
  • No admin can move staked HYPEVerified FurnaceStaking source on the explorer