Every launch
starts at dawn.
Elyra is the fair launchpad for Elysium. Every token opens with a 30-minute Genesis where every wallet buys at one price, then trades on liquidity that is locked forever. No snipers, no presale, no early-buyer edge.
- 30 min
- Genesis window
- 45%
- of supply to Genesis, pro rata
- 5%
- max share of the raise per wallet
- 0
- liquidity ever withdrawn
Top tokens
On-chain, refreshes every few seconds| # | Token | Price, HYPE | Since Genesis | Market cap | Liquidity | Volume |
|---|---|---|---|---|---|---|
New tokens
View allFrom idea to locked pool in 30 minutes
Every launch follows the same five steps. There is no allowlist, no manual review and no admin who can change the outcome.
- 10:00Create
The creator names the token and picks a 0–3% share. Genesis opens in the same transaction.
- 230 minutesGenesis
Anyone deposits HYPE. Timing gives no advantage: everyone ends up at one price.
- 3After closeSettle
The 5% wallet cap is computed from every deposit and checked on-chain. Below 20 wallets or 10 HYPE, everyone is refunded.
- 4Same transactionPool opens
405M tokens and 90% of the raise open a locked pool at the Genesis price. Platform-token stakers receive their share.
- 5First 6 hoursProtected trading
Wallets can hold at most 2.5%, rising to 3%, 5% and 8% before the limit lifts.
The rules are the product.
Most launchpads reward whoever is fastest, best connected or holds the most capital. Elyra removes the timing race: deposits are priced together, wallets are capped and the creator plays by the same limits as everyone else.
These parameters are identical for every token and enforced by the contracts. No admin key can change them.
All rules and the price formula- Genesis window
- 30 minutes
- Opens in the same transaction that creates the token. Nobody can position earlier.
- Genesis allocation
- 45% · pro rata
- 450M tokens, split by each wallet's share of the HYPE accepted. Everyone pays the same price.
- Wallet cap in Genesis
- 5% of the raise
- No wallet counts for more than 5% of what is accepted, so at least 20 wallets are needed. Anything above the cap is refunded.
- Minimum raise
- 10 HYPE accepted
- Below this, or with fewer than 20 wallets, the launch fails and every deposit is refundable in full.
- Hard cap
- 50 HYPE accepted
- Above 50 HYPE every wallet is scaled down by the same factor and refunded the difference.
- Liquidity
- 40.5% + 90% of raise
- 405M tokens and 90% of the HYPE open a pool at exactly the Genesis price, locked forever. 10% of the raise goes to the treasury.
- Stakers
- 11.5–14.5%
- Everything not used for Genesis, the pool or the creator goes to stakers of the Elyra platform token, split by stake held a full day before the launch.
- Creator allocation
- 0–3%, vested
- Chosen at creation. 7-day cliff, then linear over 30 days. The creator cannot deposit in its own Genesis.
- Max wallet after launch
- 2.5% → 3% → 5% → 8%
- For the first 30 min, 1 h, 3 h and 6 h of trading. Unlimited after 6 hours.
- Trading fee
- 2% in HYPE
- 1% to the creator, 1% to the platform (half reserved for platform-token buybacks, half to the treasury).
How it differs from other launchpads
A comparison with the two common launch models. Other platforms vary; this describes their typical design.
| Elyra | Bonding-curve launchpads | Presale / allowlist launchpads | |
|---|---|---|---|
| Price you pay | The same price as every other Genesis wallet: the raise divided by 450M tokens | Rises with each buy, so the earliest buyers pay least | Fixed, but only allowlisted wallets get it |
| First-block snipers | Nothing to snipe. No pool exists until Genesis is settled | Bots typically buy in the first blocks | Insiders and bots race the listing |
| Per-wallet limit | 5% of the raise in Genesis, then 2.5–8% of supply for the first 6 hours | Usually none | Tiers chosen by the project |
| Creator tokens | At most 3%, vested 7 + 30 days, creator blocked from Genesis | Creator can buy at launch like anyone | Team allocations set by the project |
| Liquidity | 405M tokens and 90% of the raise, locked forever at the Genesis price | Migrates to a DEX at a threshold; terms vary | Often time-locked and unlockable later |
| Opening valuation | Set by demand: 1B tokens × (raise ÷ 450M), between the 10 HYPE minimum and the 50 HYPE hard cap | Starts at a fixed low valuation | Set by the project |
| If demand is too low | Under 10 HYPE or under 20 wallets: launch fails, everyone is refunded 100% | Tokens stay on the curve | Depends on the project |
| Rules can change | No. Fixed in the contracts for every launch | Set by the platform | Set per project |
Questions
The short answers. The full mechanics, including the settlement formula, are on the rules page.
The raise divided by 450M Genesis tokens. 20 HYPE raised means a price of about 0.0000000444 HYPE per token and an opening market cap of about 44 HYPE. Every wallet pays that same price.
Give your token a fair start.
One transaction creates the token and opens its Genesis. Thirty minutes later it trades on a pool nobody can drain.