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.