Skip to content
The Odyssey

Listing and the bar

The bar

A coin gets long and short markets by clearing every line:

Line Minimum
Pool depth (HYPE side) $60,000
Market cap $300,000
Daily volume $100,000
Holders 300
Age 72 hours
Top ten wallets under 35% of supply
Liquidity locked or burned

Deeper pools unlock more leverage: 2x from $60,000 of depth, 3x from $150,000, 5x from $500,000.

Who lists

The lister, an operations multisig, checks the bar and lists the coin’s existing pool. The contract itself refuses a pool that does not pair the coin with HYPE, a pool on an unknown PoolManager, a price more than 2% from the one the lister expected, and a pool whose locked liquidity holds less than a quarter of its listed depth.

A launchpad integrates nothing: no contract changes, no new pool. The desk reads the pool that is already there.

What creators and pads earn

Of every opening and closing fee, 20% goes to the coin’s creator and 10% to its launchpad, paid in WHYPE, for as long as the coin trades. They claim it on the Fee shares page.

Delisting

The lister can close a market to new positions. Existing positions can always be closed by their owners. Seven days after a delisting:

  • on a healthy pool, anyone can settle the remaining positions, at what the owner’s own close would get, but only while the pool’s price is within 2% of the mark;
  • on a dead pool (its locked liquidity pulled, or the price outside its range), only the lister can settle them, with a price limit it checks first.