xRAM Liquid Staking Token
HYPERRAM
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HYPERRAM is the liquid staking token for xRAM within the Ramses Exchange ecosystem on HyperEVM. Development activity is anchored around the live Ramses protocol with active documentation and multichain infrastructure, though verifiable public repository commits and governance logs are limited. The token suffers from a structurally minimal community presence, zero sentiment tracking, and very low daily trading volume. From a tokenomics standpoint, HYPERRAM features a 1:1 minting mechanic against xRAM deposits with automated ve(3,3) yield compounding, but it bears structural dependency on Ramses, potential exit penalties, and non-guaranteed market value. The market footprint is limited to a micro-cap liquid staking receipt token operating in a narrow niche. Team and governance transparency is weak due to an anonymous development team and delegated voting mechanics without direct holder governance. On security, no historical exploits, depegs, or regulatory actions were identified, but the absence of verifiable independent third-party audit reports covering the liquid staking contracts remains a primary vulnerability.
Development Activity
Code updates and developer engagement
Community Support
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Tokenomics
Supply, distribution, and utility
Market & Use Case
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Team & Governance
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Security & Audits
Security history and audit status
About xRAM Liquid Staking Token (HYPERRAM)
HYPERRAM is the liquid staking receipt token for xRAM within the Ramses Exchange protocol, operating primarily on HyperEVM. It serves as a liquid-staked derivative designed to remove long-term lockup periods for staked RAM participants by issuing a transferable receipt token. The token is minted on a 1:1 basis against xRAM deposits and is designed to automate ve(3,3) governance voting and compound protocol fee distributions on behalf of holders. The minting and unwrapping mechanics incorporate a 1-hour pre-epoch lock and a 12-hour post-epoch cooldown period alongside conversion burn mechanisms.
The project trades primarily on Ramses V3 on HyperEVM, where liquidity is concentrated in pools such as HYPERRAM/USDC. The token functions with an elastic supply tied directly to underlying xRAM deposits, maintaining a micro-cap valuation with low daily turnover and limited secondary market venues. Holders of HYPERRAM do not retain direct governance voting power, as voting rights and yield-optimizing strategies are delegated through the automated protocol wrapper.
Key risks associated with HYPERRAM include an entirely anonymous development team and the absence of verified third-party audit reports specifically covering the liquid staking contracts in available documentation. Additionally, the asset carries structural dependency on the Ramses Exchange ecosystem, non-guaranteed market valuation for the underlying derivative, low liquidity, and potential exit penalties or redemption discounts during periods of market stress.
