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Stock Premium LP

scan · build · sign in your own wallet

Signing: gated — previews open

stock-premium lp · methodology

Read the premium honestly

The strategy is bounded and uncertain — never arbitrage, never a promise of profit. This page explains what the scanner measures and why every number is paired with its honest caveat.

fees ≠ profit

Fees are gross; net can be negative

A one-sided USDG range below the pool price is a bounded buy ladder: USDG converts to the Stock Token as the price falls. The position may collect LP fees while its inventory value falls at the same time. The net result marks the position at the real market price and can be negative even when fees are positive. Anywhere a fee figure appears, the real-price-marked net appears beside it.

Where LP fees come from, what HISS charges, what eats the fees, and how every figure is recomputed — stated plainly on the fee-transparency page.

the eight lines

What a position actually nets

  1. 1. Realized LP fees
  2. 2. Realized inventory P&L
  3. 3. Unrealized inventory P&L (marked at the real price)
  4. 4. Gas
  5. 5. Swap costs
  6. 6. Position-management costs
  7. 7. Adverse-selection estimate (labeled estimate)
  8. 8. Net strategy P&L — the headline, visibly signed.

the fees-≠-profit shape · hypothetical illustration

hypothetical — not observed performance

Realized LP fees
$19.12
Unrealized inventory P&L
-$21.03
Net strategy P&L
-$1.91

The same picture the position dashboard draws — here with invented numbers, labelled as such. Fees positive, net negative: not a win.

reading the pictures

The cockpit's figures, and how to read them

Every chart in this cockpit is drawn from engine or chain reads with its data-mode stamped on the plot. These are the same components the live surfaces use — shown here over disclosed DEMO fixtures.

Premium anatomy — one synchronized read

The ladder — rungs between pool price and boundary

Range state — where the pool price sits vs a position

Hypothetical tick geometry — an illustration of the three moving states, not a real position.

  • Fee-positive, net-negative: fees accrued while inventory value fell further — the position is not a win. The waterfall shows exactly which line ate the fees.
  • In range vs idle: fees accrue only while the pool price is inside your rungs. Out of range is idle — a true state, not an error — and earns nothing until price trades back through.
  • Filled, then re-crossed: a fully converted ladder is still a position. If price re-crosses the range, liquidity converts back the other way — leaving it open is a position, not a completed trade.
  • Unknown is an answer: a leg the chain or engine cannot prove renders unknown. Nothing here interpolates, extrapolates, or guesses.

premium uncertainty

Premium may not converge

Premium can stay wide indefinitely when mint/redeem is gated and no borrow exists. Position for oscillation within a measured band — not for convergence. HISS never says a premium “will” close.

thin, single-venue liquidity

TVL is not depth

The only proven venue is Uniswap v3 on chain 4663. Pools are thin. Usable depth is probed with simulated swaps, not read from TVL; larger size moves the price against you and can become the market. Capacity on the scanner is bounded by that usable depth and moves as depth moves.

explicit states

Every transaction state is distinct

Execution surfaces render one shared, explicit state machine. Prepared is not submitted; submitted is not confirmed; confirmed is not reconciled — the interface never collapses them into one “done.” Blocked states carry their precise reason (jurisdiction, liquidity, stale reference, or policy), and a state the chain cannot prove renders as unknown, never as success. Signing is offered only when live data, the activation gate, and your eligibility all pass — display payloads and shadow simulations never unlock a wallet action.

measurement discipline

Three traps we avoid

  • Premium is measured from synchronized reads — never from candles.
  • The real-time quote is truth; the oracle is a sanity anchor only.
  • Address is identity — a matching ticker at a different address is not official.

Hypothetical illustration only

Not HISS data, not from any external source, not observed performance. Example: a position collects a positive fee amount while its net result, marked at the real price, is negative — fees do not make it a win.

boundary

What HISS never does

HISS never holds your keys or credentials, never signs for you, never custodies, never hedges, and never places brokerage orders. Stock tokens are tokenized derivatives not offered in restricted jurisdictions; preparing is gated on eligibility (owner-handled legal wording). Not investment advice. Not a performance claim. Past results are not a guarantee.