How It Works
Learn how AscendLaunch connects builders, traders and HYPE participants through Elysium token launches, trading, fee allocation, staking design and project.
Creators and traders
Builders launch tokens through configured Elysium hook pools and select a supported pair asset and trading fee. The creator allocation can be routed according to the coin type selected at launch, while protocol and coin-support allocations follow separate rules.
Supported launch configurations can include USDC, HYPE and KNTQ pairings, with additional asset categories dependent on approved pool configuration. Trading fees increase the creator allocation when a launch selects a fee above the base level.
HYPE participants
The documented staking model uses kHYPE deposited into an AscendLaunch user vault. Kinetiq handles the underlying HYPE staking while the AscendLaunch vault tracks deposited kHYPE, principal and attributable yield. Holding kHYPE outside the vault is not the same as an AscendLaunch vault position.
Protocol revenue and project support
Protocol fees are allocated between treasury use and purchases of KNTQ and HYPE. Separately, project-growth programs are designed to support qualifying teams beyond launch through visibility, liquidity development and preparation for later market opportunities.
Asset roles
| Asset | Role |
|---|---|
| USDC | Supported launch-pair asset. |
| HYPE | Supported pair asset and core asset in staking/reward design. |
| kHYPE | Kinetiq liquid staking token used for the documented vault position. |
| KNTQ | Protocol token adopted by AscendLaunch for ecosystem economics; there is no separate AscendLaunch token. |