How it works

A complete guide to HYPED Raffle House

Permissionless on-chain raffles for the HyperEVM. Anyone can list a prize, anyone can buy tickets, and the winner is drawn provably on-chain. Here's exactly how every piece works.

Lifecycle in 4 steps

Step 1

Create

Pick a prize you own — HYPE, an ERC20, or any NFT. Set ticket price, supply caps, and duration.

Step 2

Buy tickets

Anyone with the ticket currency can buy tickets while the sale is open.

Step 3

Draw

After the timer ends and minimum tickets are met, the creator triggers a provably random draw.

Step 4

Claim

Winners claim the prize. Sale revenue goes to the creator. If the minimum isn't met, refunds become claimable.

Three raffle types

HYPE Raffle

Native $HYPE prize. Deposited from your wallet at creation. Can be split between multiple winners.

Token Raffle

Any ERC20 (incl. $HYPED). Approve once, deposit at creation. Single or multi-winner splits.

NFT Raffle

Any ERC721 you own. The NFT is held by the contract until the draw. Single winner takes it.

Ticket sale rules

Ticket currency

Pick what buyers pay with — native $HYPE, $HYPED, or any ERC20 you specify.

Max tickets

Total cap on tickets sold. Once reached, the sale closes early and the draw can begin.

Max per wallet

Per-wallet limit to prevent a single buyer from monopolizing the pool.

Min tickets to draw

Floor for the sale to be valid. If unmet by end time, the raffle fails and tickets become refundable.

Duration

1, 3, 7 or 14 days. Listing fee scales with duration.

Provably random

The draw uses an on-chain randomness source seeded at draw time. No off-chain trust needed.

Listing fee

A small $HYPED listing fee is charged when you create a raffle. The fee scales with how long your sale runs and is split two ways:

50% Burned

Permanently removed from supply. Every raffle reduces the circulating $HYPED.

50% Master holders

Distributed to Master Miner NFT holders as a reward for supporting the ecosystem.

For creators

›You keep 100% of ticket sale revenue (minus the upfront listing fee paid in $HYPED).
›You can cancel anytime before the draw — buyers get their funds back automatically.
›Set up a creator profile with a name, avatar and socials so buyers know who they're raffling with. Apply for verification to earn a cyan checkmark.
›Once minimum tickets are met and the timer ends, hit Draw to pick the winner.

For buyers

›Each ticket is a single weighted entry — buying more tickets increases your odds linearly.
›If the raffle fails to meet its minimum, you can claim a full refund of every ticket you bought.
›All draw logic and ownership transfers happen on-chain. There is no admin override on prizes — winning tickets are settled by the contract.
›You can browse open raffles, filter by type, and view a creator's history before buying.

FAQ

What happens if no one buys tickets?▾

If the minimum-tickets threshold is not reached by the end time, the raffle fails. The prize returns to the creator and any tickets purchased become refundable.

Can the creator rug the prize?▾

No. NFT and ERC20 prizes are escrowed inside the contract at creation. The creator cannot withdraw them outside of an explicit cancel (which refunds all buyers) or a forfeit if they fail to draw on time.

How is the winner chosen?▾

The contract uses an on-chain randomness seed mixed at draw time to pick the winning ticket(s). The mapping from ticket index to buyer is stored on-chain so anyone can verify the winner.

Can I run a multi-winner raffle?▾

Yes — for HYPE and Token raffles, you set the number of winners and the prize is split equally. NFT raffles are single-winner by nature.

Do I need $HYPED to participate?▾

No. You only need $HYPED if you want to create a raffle (for the listing fee). Buying tickets uses whatever currency the creator specified.

Create your first raffle