— of genesis burned

Elon Musk · net worth, computed on-chain

$—

Reading the index…

Open live dashboard How the burn works

  • Total supply

    —

    minted once at genesis

  • Burn reserve

    —

    held by ReserveBurner

  • Net-worth ATH

    —

    ratchets up, never down

  • Burned to date

    —

    of genesis supply

Mechanics

Elon's net worth goes up. MUSK supply goes down.

Four moving parts, all on-chain, none of them discretionary. Prices come from HyperCore, the index is arithmetic, and the burn rule is fixed in a contract nobody can rewrite.

  1. 01

    Prices are read, not reported

    TSLA and SPCX both trade as perps on HyperLiquid. HyperEVM reads those oracle prices on-chain through the oraclePx precompile (0x…0807) — same block, no keeper, no off-chain trust.

  2. 02

    The index is arithmetic

    Share counts from SEC filings × live on-chain prices, plus in-the-money option intrinsic value, plus governed private holdings, minus liabilities. Anyone can call netWorthUsd1e18() and check it.

  3. 03

    New highs have to be confirmed

    A fresh all-time-high opens a pending window and is only committed by a later poke that's still at or above it — and each confirmed step may raise the high by at most 20%. A spike that reverts leaves nothing behind.

  4. 04

    The reserve burns to target

    Anyone can call poke(). If the reserve is above target for the confirmed high, the excess burns — real totalSupply reduction, not a transfer to a dead address. Your balance never changes.

The rule

One formula. No discretion.

At genesis the burner captures the reserve R₀ and the net worth N₀. From then on the target reserve is a pure function of the confirmed all-time-high H: 

targetReserve(H) = R0 × N0 / H

H only ratchets up, so the target only falls — and every fall is permanent supply. There's no tax on transfers, no buyback to time, no treasury to manage. The contract holds MUSK and gives it back to scarcity on a schedule written at deploy time.

  • Per-poke burn cap — at most 5% of the reserve per poke.
  • Interval — pokes are throttled (1h by default).
  • Sanity bounds — burns only apply while net worth sits between $50B and $20T.
  • Growth cap — a confirmed step can raise the ATH by at most 20%.
  • Guardian pause — a pause switch, and nothing else, is left mutable.

Dashboard

Read it straight off the chain

Every figure here is an RPC read against the deployed contracts. Nothing is cached, proxied, or editorialized.

Reserve remaining burns on each new ATH

No burns yet — poke after a new net-worth high to start the burn.

Trust

What can and can't change

Immutable

The token has no owner, no mint, and no upgrade path. Supply is minted once and only ever burns. Non-rebasing, so it works in any AMM or lending market without a wrapper.

Governed, bounded

The oracle, price source, and burner use two-step ownership — put it on a multisig with a timelock. Share-count updates, feed swaps, and safety params are bounded and event-logged. Freeze once mature.

Verifiable

Prices come from HyperCore's validator-median oracle read on-chain. Holdings are published with citations. Anyone can recompute the index and diff it against the contract.

FAQ

Straight answers

Is MUSK a stablecoin?

No. Nothing pegs it and nothing backs it. It's a synthetic index token tracking a published, on-chain-computed net-worth figure — not redeemable against any asset.

Does burning make the price go up?

Not by itself. A burn removes supply — real anti-dilution and real scarcity — but demand still sets the price. No on-chain rule can force "number go up," and anyone telling you otherwise is selling something.

Who can trigger a burn?

Anyone. poke() is permissionless and deterministic — the contract checks the confirmed high, computes the target, and burns the excess. There's no privileged role and no discretion in the amount.

Can the supply ever increase?

No. MuskWorth.sol has no mint function and no owner. Total supply falls with every burn and never rises.

Where do the prices come from?

On HyperEVM, from the HyperCore oracle precompile (0x…0807) — the same validator-median prices HyperLiquid trades against. Assets without a HyperCore perp are governance-set with an explicit, logged manual price.

Is this affiliated with Elon Musk?

No. Not affiliated with, endorsed by, or sponsored by Elon Musk, Tesla, SpaceX, or xAI. It's an index built from public filings and public prices.

Has it been audited?

No. This is an experimental side project with no third-party audit and no warranty. Interact at your own risk.