> For the complete documentation index, see [llms.txt](https://docs.helio.bet/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.helio.bet/pilot-status.md).

# Pilot status and limitations

Updated 8 September 2026. This page distinguishes the deployed hTEST pilot, recorded test evidence, and work that remains before a real-collateral launch.

## Current snapshot

The production website serves source from `main` commit `5663b9923232694c1fb6582bdb6c387e2ed3ec76`. It is configured as an access-controlled hTEST pilot.

A read-only check completed at 07:41:19 UTC against Robinhood mainnet block 57519546 confirmed nine deployed contracts and the six documented market configurations. All six series were paused.

Aggregate round escrow and user ledger collateral were zero. The exchange held 0.011520 hTEST, equal to its accrued protocol fees. Each oracle could return a positive current 30-second reference.

This is a snapshot. An operator can later change pause state, and other users can change balances through contract transactions.

## Completed mainnet rehearsal

The repository records a bounded rehearsal on 8 September 2026 with 74 successful journaled transactions across two cohorts. Its final-state report records an independent receipt recheck at block 57283962.

The rehearsal covered opening, funded maker quotes, purchases of both outcomes, partial closes, settlement, redemption, and collateral withdrawal across NVDA, SPCX, TSLA, AMC, HIMS, and GME. GME also included placement and cancellation of a separate resting order. There were seven settled rounds.

Stored opening and closing references matched independent historical oracle reads in that rehearsal. The reported combined test gas was 0.004118156365838 ETH. Deployment gas was recorded separately as 0.004739198391668 ETH.

These are historical report figures. The documentation refresh checked current configuration and balances; it did not rebroadcast trades or repeat all 74 receipt checks.

Public transaction examples:

* [GME trading batch](https://robinhoodchain.blockscout.com/tx/0x2ad2356601a1ade3e7178c3a62d30c55d59d919e21812c208aed126c1a3b38a5)
* [GME settlement](https://robinhoodchain.blockscout.com/tx/0x28ad4f63aabaa5a9ffdc9d7a8fa65a5614509010dc9ff65417e489c18156074c)

## What the evidence does not establish

The rehearsal used controlled accounts and valueless hTEST. It does not establish organic liquidity, maker profitability, independent audit coverage, sustained throughput, or the full authenticated browser trading experience.

The pilot report records 71 passing offline v2 contract tests, a separately rerun two-test mainnet fork suite, and 102 passing exchange UI tests. These are recorded results from the release work, not newly run tests for this documentation publish.

The report describes finite test runs, not a continuously supervised keeper or maker service. Contracts require transactions to open and settle rounds.

## Remaining launch work

* Qualify each market's historical depth, observation retention, and exposure limits. The pilot's harmonic-liquidity threshold is 1.
* Configure and validate the required sequencer policy. The deployed oracle adapters currently have no uptime feed.
* Review the financial core and real-collateral economics. The available evidence does not include an independent contract audit or public source verification.
* Measure the authenticated wallet path through confirmation, receipt, and visible position updates, including mobile use.
* Establish durable round supervision, missed-boundary recovery, history indexing, alerts, and sustained multi-market testing.
* Validate adverse and unavailable-oracle cases alongside ordinary successful settlement.

## Features outside this deployment

The vault/factory and fixed-weight index adapter exist in source but have no addresses in the pilot manifest. Scoped v2 session permissions, automatic gas sponsorship, and a production continuous market-making service are not established by this release.

The older AMM session router and rewards design are separate. The repository does not establish migration of the legacy rewards program to all v2 CLOB events. HELIO token launch plans do not establish a deployed token or contribute collateral backing to this exchange.

For addresses and owner permissions, read [Contracts and deployment](/contracts-and-deployment.md). For exact payout rules, read [Rounds and settlement](/rounds-and-settlement.md).


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