$HEDGE hedgehog$HEDGE

How The Hedgehog Works.

docs · v0.1

everything below is written from the code the bot runs on, not from a pitch deck. if the dashboard and this page ever disagree, the dashboard is right and this page is stale.

A Token That Shorts For Its Holders.

01 · what

in one sentence: trading fees fund a bot that bets against the market, and when it wins, holders get paid.

every time someone trades $HEDGE, a small fee goes to the project. that money is used to open short positions, which make money when prices fall. when a short closes in profit, the profit goes back to holders in SOL and into buying and burning $HEDGE. nobody trades by hand: a fixed set of rules does, with help from an AI model called jev.

Where The Money Goes.

02 · money

four steps, all visible on the dashboard.

  1. people trade $HEDGE. every trade pays a small creator fee, collected every 10 minutes.
  2. 70% of fees fund the shorts. they go to the trading account on pacifica.
  3. 30% of fees buy $HEDGE and burn it. burned tokens are gone forever, so supply goes down.
  4. when a short makes money: 70% is sent to holders in SOL, 30% buys and burns more $HEDGE.

good to know

money is used gradually, not all at once. if a lot of fees come in at launch, the bot opens new trades a little at a time over several hours, and spreads the buybacks out too, so the burning keeps going after the hype calms down.

moving money on and off pacifica costs a small fee each time, so the bot only moves it when there is enough to be worth it. if fees are waiting to go to pacifica at the same moment profit is waiting to come back, it just swaps one for the other instead of paying to move both.

How It Trades.

03 · trading

shorts only, with limits on every trade.

  1. it only bets on prices falling. it shorts SOL and popular meme coins. it never buys.
  2. every trade has a stop loss. if a trade loses 30% of the money put into it, it closes. that stop is also placed on the exchange itself, so it works even if the bot is offline.
  3. every trade has a take profit. if a trade gains 40%, it closes and the profit is paid out.
  4. no single bet is too big. one trade can use at most 25% of the treasury, and all trades together at most 50%.
  5. it knows when to stop. if the treasury ever drops 20% from its best level, the bot stops opening new trades until a person reviews it.

Jev Judges. The Rules Decide.

jev picks the trades. the rules set the limits.

What Jev Does.

04 · jev

an AI model that looks at the market every minute and says how likely each coin is to fall.

jev is a decision model made by TypeSafe AI. every minute it looks at public market data for about 16 coins and answers a few simple questions, like “is this coin likely to fall in the next 6 hours?” and “are too many people already shorting it?”. its answers are numbers, so they can be checked against what really happened.

jev can

  1. choose which coins to short, based on how likely they are to fall.
  2. make a trade smaller, or skip it, when it is unsure or the market looks dangerous.
  3. close a losing trade sooner, when it becomes more confident the coin will keep going the wrong way.
  4. make a trade bigger, up to 2x, but only when it is very confident.

jev can not

break any of the limits above, remove or loosen a stop loss, or move money anywhere. if jev is down, the bot keeps running on the rules alone.

is jev any good?

every answer jev gives is saved and checked 6 hours later against what the market actually did, next to a simple rule of thumb. the dashboard shows how often it was right. you can see for yourself whether it is earning its place.

How You Get Paid.

05 · payouts

automatically, in SOL, straight to your wallet.

  1. hold at least 100,000 $HEDGE. that is the only requirement. no staking, no claiming.
  2. payouts go out every hour when there is profit to share, split by how much $HEDGE each holder has.
  3. only real profit is paid. a trade that is up but still open has not made money yet. and if the bot loses money, it has to earn that back before anything is paid again.
  4. every payout is public. open a payout in the activity log to see every wallet, every amount, and the transaction that paid it.

The Exact Rules.

the numbers

for anyone who wants the detail. these are read straight from the bot's code; the live values are on the dashboard.

rulesFROM THE CODE
rulevalue
share of fees that funds the shorts70%
share of fees that buys and burns $HEDGE30%
share of profit paid to holders70%
share of profit that buys and burns $HEDGE30%
leverage2x (up to 10x when jev sizes up)
stop loss30% of a trade's margin
take profit40% of a trade's margin
biggest single trade25% of the treasury
all trades together50% of the treasury
new trades opened per hourat most 20% of the treasury
stops opening trades after a drop of20% from the peak
coins jev picks from / holds at once~16 / up to 6
minimum holding to be paid100,000 $HEDGE
minimum payout round0.5 SOL
buybacks spread over12 hours

only an admin with an approved wallet can change these, and every change shows up in the public activity log with the wallet that made it.

Check It Yourself.

06 · verify

you don't have to trust this page. everything is on the blockchain.

  1. every number on the dashboard is read from the chain and from the venue at render time. the treasury balance, the open book and the burned total are not hand-entered anywhere.
  2. every on-chain row in the ledger (claims, payouts, buys, burns) links to its transaction on solscan. open it. the amounts should match.
  3. the rules shown on the dashboard are read from the same config the worker runs on, not a copy.
  4. admin actions are public. a rule change, a pause, a forced sweep or a close-all shows up in the ledger with the wallet that did it.
  5. brain judgments are stored per tick with the state the brain saw. expand “what the brain saw” on the dashboard to read it.

Risks, Honestly.

07 · risks

this can lose money. here is how.

  1. when the market goes up, shorts lose. in a strong rally, trades hit their stop losses and there is no profit to pay out.
  2. bigger trades, bigger swings. when jev is very confident it can double a trade. that means more profit if it is right, and a faster stop loss if it is wrong.
  3. the exchange could fail. the trading money sits on pacifica. if pacifica is hacked or goes down, that money is at risk. it has happened to other exchanges.
  4. jev can be wrong. it is a model, and sometimes it will be confidently wrong. the limits reduce the damage; they do not remove it.
  5. no trading, no fees. if nobody trades $HEDGE, there is no new money for shorts or burns.
  6. nothing here is a promise. not a yield, not a price floor, not a schedule. it is a bot that follows its rules in public.

Questions People Ask.

08 · faq

the short versions.

do i have to claim my SOL?
no. payouts are sent to your wallet automatically. if you hold at least 100k $HEDGE in a normal wallet, you are included.
why did i get nothing this hour?
payouts come from trades that closed in profit. if none closed that hour, or the profit is still too small to send, it waits for the next hour. fees keep working in the meantime, funding trades and burns.
what if i buy right before a sweep?
balances are checked at the moment of each payout. whoever holds at least 100k $HEDGE right then is paid for that hour, split by how much they hold.
can the team trade the treasury by hand?
no. an admin can change the published rules, pause new trades, close everything, or send a payout early. every one of those shows up publicly. there is no “trade this” button.
why shorts only?
because the token is a hedge. holders are already long crypto; the treasury takes the other side so that a red day pays something back.
what happens if the brain is down?
the bot keeps running on its rules alone until jev is back.