Mooner on Hyperliquid
Mooner launches on Hyperliquid, on HyperEVM. Every rule is enforced by its contracts.
Mooner launches on Hyperliquid, on HyperEVM, Hyperliquid's smart-contract chain. Every rule is written into Mooner's contracts there: the max per wallet and its 5% tax, the launch block that belongs to the creator, one ticker forever, locked liquidity, and the 1% trading fee.
Mooner is not live yet: these docs describe it as it will launch.
At a glance
| Currency | HYPE |
| Launching a coin | 0.015 HYPE |
| Trading fee on the curve | 1%: 0.70% protocol, 0.30% creator |
| Excess tax past the max | 5% |
| Supply / sold on the curve | 1,000,000,000 / 793,100,000 |
| The curve sells out at | about 127 HYPE |
| Graduates to | Project X, the largest exchange on HyperEVM |
| Liquidity | 100% locked forever, by Mooner's graduation contract |
| Creator's share after graduation | 0.30% of the volume through Mooner's locked liquidity |
| Wallets | Rabby, MetaMask and other EVM wallets |
How graduation works on Hyperliquid
When a curve sells out, its HYPE and the tokens set aside for the pool open a Project X pool at exactly the curve's last price. The position is held by Mooner's graduation contract, which has no function to withdraw it: nobody, Mooner included, can ever take the liquidity out. The pool's trading fees are collected and paid out by the same rules as on the curve: 0.30% of the volume through it to the creator, or bought back and burned if they so chose, and the rest to the protocol.
Until a coin graduates it can move freely between wallets, but it can't be sent into its own pool. That pool only fills at graduation, at the curve's price: if someone creates it early at another price, graduation moves it back to the curve's first.
Bots on Hyperliquid
Mooner's contracts hold three lines against the bots that feed on other people's trades:
- Launch-block snipers are out. Only the creator buys in the block a coin is born in. Everyone else starts from the next block.
- No buying through a contract. A buy must come from the wallet itself, so one contract can't buy the max for a crowd of wallets at once.
- No sandwich from one wallet. A wallet can't sell a coin back in the same block it bought it. A sandwich bot buys just before your buy and sells right after it, in the same block, so it can't do that from one wallet. From two wallets, the second needs tokens bought earlier, which the max per wallet and its 5% tax keep small, and the most any bot could take is the slippage you allow, which the app keeps tight.
You never notice the rule: a block lasts about a second. And nobody can use it against you: tokens sent to your wallet don't count, only what you bought.
Later: the main exchange
Hyperliquid also has its own exchange, the order book where HYPE itself trades. A token gets a place there by winning an auction: one place every 31 hours, starting high and coming down to a floor of 500 HYPE. That is too much for a coin that was born an hour ago, so Mooner coins graduate to Project X.
For the coins that grow the most, Mooner plans a second graduation: a place on Hyperliquid's main exchange, next to HYPE. See the Roadmap.