SPCX INDEX

Stake $SPCX. Earn $SOL every 24h.

SPCX INDEX is built on Bags. Every trading fee the pool earns is auto-routed into a perpetual long on $SPCX at Hyperliquid. Realized PnL is distributed to stakers in native $SOL.

> Your share of the staking pool = your share of the $SOL payout. 1% staked → 1% of the cycle.

[02]

THE LOOP

fees → long → profit → stakers
Bags Token
SPCX liquidity pool
collects trading fees
Fee Collector / Treasury Wallet
vault holds fees in SOL
every 24h
Keeper Bot
automated off-chain service
├─Claims fees from treasury
├─Sends capital to Hyperliquid
├─Opens / maintains long $SPCX position
├─Calculates realized profit
Reward Distributor Contract
on-chain payout logic
Token Stakers
receive native SOL pro-rata
Formula
your_payout_sol = pool_pnl_sol × (your_staked / total_staked)

example (hypothetical):
  pool_pnl_sol   = 100 SOL
  your_staked    = 2% of staking pool
  your_payout    = 2 SOL  →  sent at 00:00 UTC
The deal
  • Stake $SPCX with Phantom, Solflare or Backpack in one click
  • Earn native $SOL — no wrapped assets
  • Auto-paid every 24h, no claim transaction
  • Unstake anytime, no lockup

Wallets that hold but don't stake earn nothing. Skin in the game required.

[03]

PAYOUT HISTORY

genesis cycle pending
● no cycles distributed yet

The first payout will appear here.

The vault has been deployed today. Once the first fees arrive from Bags and the 24h cycle closes, every payout will be permanently logged here in $SOL.

Stake before cycle #1 →
[04]

FAQ

the short version
What do I earn?

Native $SOL. Realized Hyperliquid PnL is converted to $SOL and airdropped to every staked wallet at 00:00 UTC.

Do I need to stake?

Yes. Holding alone earns nothing. Use the stake page to lock $SPCX into the vault.

How is my share calculated?

your_staked / total_staked. If you're 1% of the staking pool, you get 1% of the cycle PnL.

When is the first payout?

The first cycle closes when Bags fees have been earned and the long has been opened. Genesis cycle is open — stake now to qualify.

Is there a lockup?

No lockup — stake and unstake anytime. But you must have staked at least 20 hours before the 00:00 UTC snapshot to qualify for that cycle's payout.

Which wallet?

Phantom, Solflare or Backpack on Solana. Any wallet that injects the standard Solana provider will work.

Stake before cycle #1. Own the genesis.

Genesis cycle closes in 0h 0m 0s. Early stakers split 100% of the first $SOL pool.