Docs
Everything about launching and trading on Enverse, the launchpad of Elysium.
The basics
Enverse launches tokens directly into a Uniswap v4 pool on Elysium, Hyperliquid's first L2. Gas and trading are in HYPE. Every token follows the same rules, enforced by the contracts:
- The whole supply goes into the pool at launch. No presale, no team allocation.
- The launch liquidity is locked forever in a locker with no withdraw path.
- The creator sets a buy and sell tax (1–10% each) and decides where it goes. Neither can ever change.
- Every token is tradeable anywhere that routes Uniswap v4 on Elysium, not just here.
Launching a token
- Identity. Name (2–32 chars), ticker (2–10 letters or numbers), image, description and links. The image link is stored on the token (512 bytes max); links and description are written once to the launch event.
- Taxes & split. Pick a preset or go custom. Four lanes — creator, buyback & burn, holder dividends, liquidity — must add up to 100%.
- Opening buy. Required: at least 0.01% of the bond value, bought tax-free inside the launch transaction before anyone else can trade. It may not reach the bond.
- Confirm. Your browser mines a hook address (a second or two), then you approve the opening buy and send the launch. Supply is 1,000,000,000 tokens.
Anti-snipe surcharge
For the first 3 seconds after launch every trade pays a surcharge on top of the normal fee: up to 99% at second 0, then +6.18%, then +0.19%. It all goes to the treasury, so bots that buy in the launch block pay for it. You can name up to 25 wallets that skip the surcharge (they still pay normal tax). On Elysium the allowlist starts on the next HyperEVM block (about 1 second).
Fees, lanes & dividends
Every buy and sell pays that side's tax plus a 1% base fee, always taken in HYPE, never in the token. Wallet transfers are free.
30% of the whole fee goes to the Enverse treasury. The other 70% is split by the creator's lanes:
- Creator — credited and paid on claim to the creator's payout wallet. Anyone can trigger the payout; it always goes to the creator.
- Buyback & burn — buys the token through its own pool and sends it to the dead address.
- Holder dividends — credited to every holder on every trade, by balance, in HYPE. Claim from the token page any time.
- Liquidity — buys the token leg and adds both sides to the locked position.
Buyback and liquidity budgets wait in the launch's escrow until someone runs them. Each run may move the price at most about 2% and must fill at least 95% of the expected amount, so big budgets burn down over several runs.
Bonding
Each launch starts at a fixed fully-diluted value and is marked bonded when it crosses the bond value. Nothing migrates — trading continues in the same pool with the same locked liquidity. Values are set per quote asset by the registry and fixed for each launch at creation.
Risks
- Tokens are created by users. Names, images and links are whatever the launcher wrote — always check the token address.
- Memecoins are volatile and most go to zero. Only trade what you can afford to lose.
- The contracts are adapted from an existing launchpad design and have not yet had an independent audit of this deployment.
Contracts
Network: Elysium Testnet (chain id 99801).
Addresses appear here once the contracts are deployed.
Launch contracts are derived from the MIT-licensed Argus Portal 8 design.