Launching a coin

The Launch form deploys a new coin in one transaction, for a fixed 0.002 HYPE creation fee paid to the treasury. There is no launchpad in the middle: two small contracts do the work, and both are in the addresses page.

What gets created

• A plain ERC-20 with a fixed supply of 1,000,000,000, immutable name, symbol and 18 decimals, no owner and no tax. Immutable metadata means the coin can use the Elysium mirror bridge later without changes.
• A hookless Uniswap v4 pool at 1% with HYPE as currency0, initialized at a start price of about 39.7 HYPE of fully diluted value.
• The whole supply seeded as single-sided token liquidity from the start price up, so the launch needs no HYPE for liquidity.

The position is locked forever

ElydexLocker holds the position NFT with no withdraw function and no owner. The principal cannot leave. Only LP fees can leave: 90% claimable by the creator, 10% by the protocol. Anyone can trigger collect; the split is fixed.

The creator can hand the fee share to another address with setCreator. It changes who earns the fees, nothing else.