Hypadhow it works
Three steps. One wallet.
From your Elysium wallet to a leveraged position on a coin that did not exist a minute ago. Everything is paid in HYPE and signed by you.
1.Connect your wallet
MetaMask, Rabby, OKX or any EVM wallet
There is no deposit. Every launch, buy, sell or perp is a transaction you sign with your own wallet on Elysium, paid in HYPE or USDC. Coins stay in your wallet. Perp payouts come straight back to it.
2.Launch a coin
Live in about ten seconds
Name, ticker, image and your first buy. Your coin, its pool and locked liquidity go live on Elysium together, on Montra or on Ascend. Pick a trading fee from 1% to 10%. Your wallet is the creator and the dev wallet: the dev buy and the creator fees are yours.
3.Trade or perp it
Trade
Buy and sell from your wallet. You pay HYPE and sells pay HYPE back to you, one signature each.
Perp
The second a coin launches it has a perp market. Pick long or short, up to 10x. Collateral goes from your wallet in HYPE or USDC and comes back to your wallet with PnL when you close.
Prices and liquidation
The perp follows the coin's live price on Elysium. If a coin jumps very fast, the perp price can take a few seconds to catch up.
If a position runs out of margin it is closed automatically. Whatever collateral is left comes back to your balance in the asset you paid.