FLARE
COMMANDSDOCSWHITEPAPER

Flare Whitepaper

Your all-in-one Telegram bot for trading on Hyperliquid and utilizing HyperEVM protocols with ease.

Flare is a streamlined Telegram trading bot designed to simplify trading on Hyperliquid"s decentralized exchange and HyperEVM"s DeFi ecosystem. Our mission is to make trading perpetual futures, spot assets, and farming HyperEVM points programs accessible to everyone through simple commands, without the need to navigate multiple platforms. Flare empowers users to execute trades and interact with leading HyperEVM protocols like Hyperswap, Kittenswap, and Hyperlend—all from a single, intuitive interface.

Our vision is to be the ultimate tool for Hyperliquid traders and HyperEVM users, enabling seamless trading and points farming with minimal friction. Whether you"re a seasoned trader or new to DeFi, Flare makes it easy to engage with Hyperliquid"s high-performance markets and HyperEVM"s rapidly growing ecosystem.

Executive Summary

Flare is a Telegram-based trading bot that simplifies interaction with Hyperliquid"s Layer 1 blockchain and HyperEVM"s DeFi protocols. Users can trade perpetual futures and spot assets on Hyperliquid using commands like /long,/short, or /spot, and manage funds between spot and perp accounts with ease. On HyperEVM, Flare integrates with leading protocols (e.g., Hyperswap, Kittenswap, stHYPE, feUSD) to enable token swaps, lending, and liquid staking within the bot. By consolidating these functionalities, Flare streamlines trading and points farming, making it the go-to tool for Hyperliquid and HyperEVM users.

Platform Highlights

Flare is built for simplicity, speed, and accessibility, offering a seamless experience for trading and DeFi interactions. Key highlights include:

  • Telegram-Based Interface: Execute trades and manage DeFi interactions using simple Telegram commands, no complex platforms required.
  • Hyperliquid Trading: Trade perpetual futures with up to 50x leverage and spot assets on Hyperliquid"s high-performance order book.
  • HyperEVM Integration: Access leading HyperEVM protocols (Hyperswap, Kittenswap, Hyperlend, stHYPE, feUSD) to swap tokens, lend, stake, and farm points within the bot.
  • Points Farming Made Easy: Accumulate points across HyperEVM"s high-TVL protocols simultaneously, maximizing rewards without navigating multiple interfaces.

Hypercore & HyperEVM

Flare integrates seamlessly with Hyperliquid"s Core (Hypercore) and HyperEVM, providing a unified interface for trading and DeFi. Hypercore powers Hyperliquid"s high-performance trading infrastructure, including its on-chain order book, HyperBFT consensus, and decentralized oracles, enabling sub-second finality for perpetual futures (up to 50x leverage) and spot trading. HyperEVM, an EVM-compatible smart contract layer, hosts DeFi protocols which Flare users can access directly via Telegram commands.

This eliminates the need to navigate multiple platforms, making it easier to farm points from HyperEVM"s high-TVL protocols simultaneously. Flare"s commands streamline funding, bridging (via Arbitrum), and transferring liquidity between the different part of the ecosystem.

Our vision is to make Flare the central hub for all Hyperliquid and HyperEVM activities, allowing users to trade, stake, lend, and farm points effortlessly. Future updates will expand support for additional HyperEVM protocols and enhance points farming automation.

Unique Value Proposition

Flare stands out as the simplest and most comprehensive Telegram bot for Hyperliquid and HyperEVM, consolidating trading and DeFi into one accessible tool. Unlike other platforms requiring users to juggle multiple interfaces, Flare enables seamless trading and points farming within a single Telegram chat.

  • Unified Trading Interface: Interact with everything HL using commands
  • HyperEVM Points Farming: Manage farming multiple protocols without leaving the bot
  • Simplified Onboarding: Fund accounts with USDC via Solana or Arbitrum
  • Accessibility for All: Designed for both novice and experienced traders.

Tokenomics

The $FLARE token, live (3vADYnNebwAzPGphyYAoPtCXw1H6t5yFFbCCy4JBpump), has a total supply with 5% allocated to the development team, locked for 12 months to ensure long-term commitment. An additional 1% of the supply was unlocked for airdrops to top referrers post-launch, incentivizing community growth.

Flare"s revenue from trading fees will fund $FLARE buybacks, with plans for airdrops to users, creating a deflationary mechanism that benefits token holders.

Quarterly buybacks of Flare tokens, triggered when fees exceed $10,000 USD, with unspent fees rolling over to the next quarter. All collected fees are used to purchase tokens on decentralized exchanges, employing a 48-hour TWAP strategy to ensure fair pricing. Buyback details are publicly shared on-chain and via platform channels for full transparency.

Flare Token Utility

The $FLARE token enhances the Flare experience by offering fee discounts and future ecosystem benefits. Flare charges a 0.20% fee on fulfilled perp and spot trades and will expand to encompass EVM transactions, but users who deposit $FLARE into their accounts can reduce fees based on their holdings:

  • $100: 0.15% fee
  • $1,000: 0.12% fee
  • $10,000: 0.08% fee
  • $50,000: 0.05% fee
  • $100,000: 0.02% fee

Fees collected are used to buy back $FLARE tokens on decentralized exchanges, with plans for periodic airdrops to the community, mirroring Hyperliquid"s tokenomics. By holding $FLARE, users benefit from lower costs and contribute to Flare"s growth as the leading Hyperliquid and HyperEVM tool.