HyperPax Perps

Network-operated synthetic perpetual futures protocol with Diamond facets, oracle pricing, funding, vaults, and liquidation support

Overview

HyperPax Perps is the public protocol name for the network-operated Sidiora Perpetual Protocol. It provides synthetic perpetual futures on Paxeer Network using a Diamond proxy with 19 facets and shared AppStorage.

Synthetic Perpetuals

Trade long or short exposure with one net position per market per user.

Protocol-Funded Liquidity

Liquidity is protocol-funded. There are no external LP deposits.

Continuous Funding

Funding accrues per second without a separate funding settler keeper.

Architecture

Group	Facets
Core	DiamondCutFacet, DiamondLoupeFacet, OwnershipFacet, AccessControlFacet, PausableFacet
Vault and collateral	VaultFactoryFacet, CentralVaultFacet, CollateralFacet
Trading engine	PositionFacet, OrderBookFacet, LiquidationFacet, FundingRateFacet
Pricing	OracleFacet, VirtualAMMFacet, PriceFeedFacet
Support	MarketRegistryFacet, InsuranceFundFacet, QuoterFacet, EventEmitterFacet

Trading model

Component	Behavior
Position model	Net mode; one direction per market per user
Price precision	18-decimal fixed point
Leverage precision	18-decimal fixed point
Market IDs	Sequential uint256 starting from 0
Position IDs	Sequential uint256 starting from 1
Events	Emitted from the Diamond address

Production addresses

Contract	Address
Diamond proxy	0xeA65FE02665852c615774A3041DFE6f00fb77537
UserVault implementation	0x4195155D92451a47bF76987315DaEE499f1D7352

Facet addresses

Facet	Address
DiamondCutFacet	0x8af7E829E2061Cb2353CCce3cf99b00e6ca4DC3B
DiamondLoupeFacet	0x425Bcb17F3e3679fC5fE001d3707BDC3ED76c3a1
OwnershipFacet	0xDD0C64553e792120B04727b9Eb2e97c8cd67F387
PositionFacet	0x6bf3722414b240A2503a512A84f54Ee161fa148e
OrderBookFacet	0x719B8f35701ff1050EB0Bb87E418Bb321Cc0e979
LiquidationFacet	0x661320835387532aFDEc3F243B0A328BF42d7cA7
FundingRateFacet	0x669077515193401ac30984a9d2314903ACcAc25f
OracleFacet	0xd21135802D8eFD6c00d6332e262A7B2c75d5bF69
VirtualAMMFacet	0x5c869AC52dd91958E7dd98e570aaeFE6FD6864B5
PriceFeedFacet	0x08E967408a4Ee268FF11ab116BfE1D95F2484c61
AccessControlFacet	0x71E10DB0c468BF682EA744F11C4A29b10E18FDEd
PausableFacet	0xDc72b3dC885C5b8816456FcF9EFda7aD5625ABf8
VaultFactoryFacet	0x54F4D455a8f47dFD2C6f252d0EdEEdDFfEe252B4
CentralVaultFacet	0xE4410832468F0Ec655f26b0f22C1f6864628Ea21
CollateralFacet	0x26D0BEE6F9249dD3d098288a74f7b026929dD6BD
MarketRegistryFacet	0x819904c316dd0B8259d4486B446A057922F24116

Oracle integration

HyperPax Perps uses oracle pricing for market valuation, funding, liquidations, and quote simulation. Protocol docs should link developers to:

• x/paxoracle for validator price submissions
• PaxSpot precompiles for shared OROB, batch clearing, and PoFQ primitives

Developer usage

Use the Diamond proxy as the contract address for user-facing facet calls.

const hyperpaxPerpsDiamond = '0xeA65FE02665852c615774A3041DFE6f00fb77537'

All facet events are emitted from the Diamond address, so indexers should subscribe to the Diamond proxy rather than individual facet implementation addresses.

Related protocols

• HyperPax DEX
• Sidiora.fun
• Sidiora.ag