materralIntroduction
$6.3 billion.
Gone overnight.
When markets break, most people lose. A few get paid. They are the ones who see the gap first and know what it is worth. materral puts you with them.
Crashes leave money on the table#
Every crash in crypto tears prices apart. The same coin trades at two prices at once, 30%, 50% apart, and not for milliseconds: for minutes, sometimes hours. Most traders only see the headline the next morning. This is what it looked like minute by minute, straight from the exchanges' own data.
29 October 2026 · the $6.3 billion Binance hack
ETH at a 34% premium, for almost an hour#
1-minute closes. The attackers dumped stolen stablecoins into ETH on Uniswap; single trades went higher still. Sources: Coinbase, Uniswap v3 WETH/USDT 0.30% pool price via GeckoTerminal.
10 October 2025 · the $19 billion liquidation night
A dollar coin at 65 cents#
1-minute closes. Binance's worst minute wicked to $0.65 at 21:54 UTC. Sources: Binance public data, Bitget, KuCoin, Kraken.
10 October 2025 · same night
One coin, two prices, for two hours#
1-minute closes. Sources: Binance public data, Coinbase, OKX, KuCoin.
25 May 2026 · tokenized stocks, 24/7
Samsung, 17% off, for one hour#
1-hour candles (older minute data is not public). An hour before Korea's market opened after a 3-day weekend. Real price: KRX 005930 open, converted to USD. Sources: Hyperliquid, Yahoo Finance.
Gaps like these are the market paying whoever is ready. Not with a guarantee: a gap only pays if it is bigger than every fee, and if you get there before it closes. That is the whole job of materral.
What materral sees#
materral watches HYPE, BTC, ETH and SOL on Hyperliquid, Uniswap and the major exchanges at once, several times a second. Every gap is priced at your size, after every fee, slippage and gas, so you see what it actually pays before you move.
The live terminal: 66 gaps open across 11 venues, each with its spread, what it needs to clear fees and how much size it can take. On a calm day most gaps are smaller than fees and materral says so. On a day like the ones above, they are not.
How it works#
The markets
11 venues, live
Order books and pools, streamed the moment they move.
materral
Finds the gap
Checks 340+ routes several times a second and prices each one at your size, after every fee, slippage and gas.
You
Take it
Paper-trade it against live prices today. Trade it on Elysium, both sides in one transaction, as live trading opens.
materral never holds your funds or your keys.
Built for Elysium#
A gap is only worth something if you reach it before it closes. Elysium is Kinetiq's new chain on Hyperliquid, made for exactly this: 100 ms blocks, receipts in about 300 ms, and roughly 100× the gas throughput of HyperEVM. Contracts on Elysium read Hyperliquid's live order books directly and can send orders to them in about 100 ms, while you keep custody.
That is where materral will execute: both sides of a trade in one transaction, checked on-chain, right next to Hyperliquid's liquidity. See Elysium.
Where to go next#
Getting started
Open the app, set your size and fees, read a gap and paper-trade it.
Costs
Every cost line between the gross spread and the net, with a worked example.
Safety & limits
What Materral does not do, and what it cannot see.
Elysium
Where Materral's trades will be placed, and why.
Trade routing
The three routes, the checks before a trade, and what gets recorded.
Roadmap
What ships in what order, and what has to be true first.
materral docs. Read-only, no keys, no real orders. Not investment advice.