HLEAD
HLEAD is the ticker symbol of the model token for Model 25 ("Pipeline Win Predictor"), Hokusai's first reference model deployment on the Sepolia v2 stack. It is not a protocol-level token — it is a standard model token that happens to be the first one deployed under the v2 infrastructure.
What "the HLEAD stack" means
Every Hokusai model token is deployed as a triple of three contracts. For HLEAD, these are:
| Constant | Contract type | Purpose |
|---|---|---|
HLEAD_TOKEN | HokusaiToken (ERC20) | The tradeable token. Minted as DeltaOne rewards, bought/sold on the AMM. Controlled by the TokenManager. |
HLEAD_PARAMS | HokusaiParams | Per-model configuration: infrastructure fee split, oracle price, and other parameters used by UsageFeeRouter and InfrastructureCostOracle. |
HLEAD_POOL | HokusaiAMM | The bonding-curve AMM pool. Holds the USDC reserve. Routes buy and sell orders. |
This triple pattern is the standard for every model token on Hokusai. Future models will each get their own ticker, token contract, params contract, and AMM pool — the same structure, different addresses. See Model Tokens & TokenManager for the architecture.
Sepolia addresses
All HLEAD contracts are deployed on Sepolia testnet (chainId 11155111) only. No mainnet deployment exists.
| Contract | Address |
|---|---|
HLEAD token (HLEAD_TOKEN) | 0x9690580864274E57899a79bD97e8d7C6cAe0d7d5 |
HLEAD params (HLEAD_PARAMS) | 0xc7325cB1f179f404Bad7FE62B83B708181FAaD6d |
HLEAD pool (HLEAD_POOL) | 0x726f46e15cb8F05F291C6337F497da9D5A2738ff |
Model 25 in ModelRegistry | Model ID 25 — verified via ModelRegistry |
The canonical source of truth for these addresses is hokusai-token/deployments/sepolia-v2-latest.json. The Deployments page is the docs mirror.
The underlying model: Pipeline Win Predictor
Model 25 predicts whether a B2B sales pipeline opportunity will close as a won deal.
| Field | Description |
|---|---|
| Domain | B2B sales — binary classification on pipeline opportunities |
| Ground-truth field | won (boolean) |
| Optional enrichment fields | actual_deal_value, close_date_actual |
| Model ID | 25 |
Data contributors submit labeled pipeline records. The model is re-evaluated after each accepted contribution batch, and DeltaOne rewards are distributed when verified performance improves.
See Supplying Data for how to contribute training data to Model 25.
Deployment parameters
Deployed on 2026-04-28 via TokenDeploymentFactory. All values are sourced from sepolia-v2-latest.json.
Token parameters
| Parameter | Value |
|---|---|
| Initial supply | 1,000 HLEAD |
infrastructureAccrualBps | 8,000 (80% of API fees to InfrastructureReserve) |
initialOraclePricePerThousandUsd | $3.00 per 1,000 API calls |
AMM pool parameters
| Parameter | Value |
|---|---|
| CRR | 10% (crr = 100,000 ppm) |
| Trade fee | 30 bps (0.30%) |
| IBR duration | 7 days (604,800 seconds) — Launch Period |
| Flat-curve phase threshold | $25,000 USDC reserves |
| Flat-curve price | $0.01 per HLEAD |
| Initial reserve | $100 USDC |
| Network | Sepolia (chainId 11155111) |
During the flat-curve phase (while reserves are below $25,000), buys are priced at $0.01/token. Once reserves cross the threshold, the pool switches to CRR bonding-curve pricing (P = R / (CRR × S)).
Why HLEAD exists
1. Validates the v2 stack end-to-end. HLEAD was the first deployment to exercise DeployableTokenManager, TokenDeploymentFactory, two-phase AMM pricing (flat-curve → CRR), InfrastructureCostOracle, UsageFeeRouter, and InfrastructureReserve working together on a live network.
2. Live integration target. Builders integrating against Hokusai can read on-chain state, simulate buys/sells, contribute training data, and call the inference API against a real model on Sepolia — before mainnet.
3. Frontend reference. The Hokusai site uses HLEAD_TOKEN, HLEAD_PARAMS, and HLEAD_POOL as hardcoded constants for the homepage model card, token-deployment UI examples, and integration tests. These constants are Sepolia-only; mainnet-deployed models are discovered dynamically through ModelRegistry rather than hardcoded.
How HLEAD relates to other model tokens
HLEAD is structurally identical to every other Hokusai model token. Nothing about HLEAD is protocol-special or privileged.
- HLEAD is not a governance token
- HLEAD is not a protocol fee or utility token
- HLEAD is not a network or gas token
- HLEAD is not a stablecoin
When future models graduate, each gets its own ticker, token contract, params contract, and AMM pool — the same triple pattern, different addresses. HLEAD just happens to be the first deployed under v2. See Model Lifecycle for how models progress from training to token graduation.
How to use the HLEAD reference app
Buy or sell HLEAD
Use the HLEAD_POOL AMM address (0x726f46e15cb8F05F291C6337F497da9D5A2738ff) and testnet USDC (0x4fE61E343D9c7CB5C0D9DeE293F0Dbcf7C2Dd645).
Contribute training data
Submit labeled pipeline opportunity records to Model 25. See Supplying Data for the data format, submission flow, and how DeltaOne rewards are calculated and minted.
Read on-chain state
const { ethers } = require("ethers");
const provider = new ethers.JsonRpcProvider("https://rpc.sepolia.org");
const HLEAD_TOKEN = "0x9690580864274E57899a79bD97e8d7C6cAe0d7d5";
const HLEAD_POOL = "0x726f46e15cb8F05F291C6337F497da9D5A2738ff";
const erc20Abi = ["function totalSupply() view returns (uint256)"];
const ammAbi = ["function getReserves() view returns (uint256 reserve, uint256 supply)"];
const token = new ethers.Contract(HLEAD_TOKEN, erc20Abi, provider);
const pool = new ethers.Contract(HLEAD_POOL, ammAbi, provider);
const [supply, { reserve }] = await Promise.all([
token.totalSupply(),
pool.getReserves(),
]);
console.log("HLEAD supply:", ethers.formatUnits(supply, 18), "HLEAD");
console.log("Pool reserve:", ethers.formatUnits(reserve, 6), "USDC");
Call the inference API
Use Model 25 via the standard Using Models workflow. The inference endpoint accepts pipeline opportunity records and returns a won probability score.
Where these addresses come from
Addresses are set at deploy time by TokenDeploymentFactory and recorded in hokusai-token/deployments/sepolia-v2-latest.json (canonical source). The Deployments page is the docs mirror. The Hokusai frontend hardcodes them as HLEAD_TOKEN, HLEAD_PARAMS, and HLEAD_POOL because HLEAD is a Sepolia testnet reference deployment; mainnet-deployed models are discovered dynamically through ModelRegistry.
Next steps
- Deployments — full address inventory including all protocol contracts
- Model Tokens & TokenManager — architecture instantiated by every model token, including HLEAD
- HokusaiAMM — AMM pool mechanics and pricing formulas
- Launch Period — seven-day buy-only bonding round
- Supplying Data — contribute training data to Model 25
- Using Models — call the Pipeline Win Predictor inference API