How it works
From launch to Raydium in four steps.
- 1
Launch
Anyone can launch a coin with a name, ticker and picture. Every coin has the same fixed supply of 1 billion and no presale.
- 2
Trade on the curve
The price follows a bonding curve: it rises as people buy and falls as they sell. You always trade against the curve, so there is always a price.
- 3
Graduate
When the curve sells out, the coin graduates: its SOL and remaining tokens move into a Raydium pool and the pool's LP tokens are burned.
- 4
Keep trading
Graduated coins trade on Raydium, right from the coin's page on hypehive.
FAQ
What does it cost?+
Each buy and sell on the curve pays a … platform fee and a … rewards fee. Launching costs … plus about 0.02 SOL of network rent. After graduation, Raydium's pool fee applies instead.
Where does the rewards fee go?+
The creator picks at launch, and it can never change: either the creator claims it, or it's paid out to everyone holding the coin. More on rewards.
What is buyback & burn?+
A share of the platform fee (10% by default) goes into a jar for that coin. When the jar fills up, it buys the coin and burns what it bought, for good. See every burn.
Can a creator change the coin or mint more?+
No. The supply is fixed, there is no mint or freeze authority, and the name, ticker and picture are locked at launch.
What is a token lock?+
A creator can lock their own tokens for a set time. Locked tokens can't be sold until the lock ends, and anyone can see the lock on the coin's page.
How do referrals work?+
Share your referral link. When people trade through it, you earn a share of the platform fee and claim it on the Referrals page.
Why does my wallet ask me to approve?+
Every trade, launch and claim is a transaction your wallet must approve. hypehive never holds your funds and will never ask for your seed phrase.
Is it safe?+
Memecoins are very risky and most go to zero. Only trade what you can afford to lose. Read the risks.