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Testnet · HyperCore steps are simulated · $SYMB is not launched

Elysium → HyperCore · Testnet

Every token deserves its symbol.

Symbolon lists any Elysium token on the HyperCore spot book. Holders fund the ticker, bonded operators run the ceremony, and the deployer's powers are burned at the end.

Pots open
HYPE pledged (test)
Tokens listed
Ticker price (test HYPE)

How it works

Pot, Rite, Seat

Pot open

Pot

Pledge HYPE to give a token its ticker. Withdraw any time before the Rite starts.

Rite in progress

Rite

A bonded Officiant advances the ticker price and runs the six steps. Sponsors pay only if every check passes.

Listed

Seat

Fee share set to zero. Freeze revoked. Supply sealed. Nobody keeps the seat.

Live

The auction comes down to meet the Pot

Ticker auction · simulated HyperCore

test HYPE

The auction comes down. The largest Pot it reaches goes first.

Time left
Floor
With fees
—
—
—

Testnet prices are scaled: 0.05 test HYPE stands for the 500 HYPE mainnet floor reported by ecosystem builders. Windows last 15 minutes here; about 31 hours on mainnet.

Head of the queue

All Pots

There is no fixed goal. The price descends, and the Pot is the bid ceiling. The largest Pot goes first as soon as the price plus fees falls under its total.

Three irreversible locks

The Seat, emptied

  • Fee share set to zero

    The deployer's share of trading fees goes to 0%. It can only be lowered, so it never comes back.
  • Freeze revoked

    The privilege to freeze accounts is revoked. Revocation is permanent.
  • Supply sealed

    Genesis is one-shot and the link is permanent: HyperCore supply backed 1:1 by escrowed tokens.

After the Rite, the Officiant's key can no longer take or block anything.

The problem

Why it does not exist yet

  1. 01

    One signer, days of work

    The HyperCore issuer ceremony is a sequence of steps signed by one address. Genesis and the link are irreversible.

  2. 02

    A scarce, costly ticker

    Tickers of up to six characters are sold in a Dutch auction of about 31 hours, one winner per window. Builders report a mainnet floor of 500 HYPE.

  3. 03

    Permanent powers

    Whoever runs the ceremony keeps the deployer seat: a fee share that defaults to 100%, and a privilege to freeze accounts.

  4. 04

    No path for most tokens

    A few launchpads graduate their own launches with a trusted key. A fair-launched token with no team never graduates, or a stranger lists it and keeps the powers.

Read the problem in full, with references

Token

$SYMB

Status: not launched

$SYMB is not launched. There is no contract address. Any token using this name today is not ours. The launch will be announced only on @SymbolonHQ.

Contract address: none. Any token using the name or ticker before the announcement is not affiliated with Symbolon.

Questions

What does Symbolon list, and where?

Any standard Elysium ERC-20, on a HyperCore spot order book. Holders fund the ticker in a Pot, a bonded Officiant runs the issuer ceremony, and the deployer's powers are removed at the end.

Can I lose my pledge?

Your HYPE stays in escrow until settlement. You can withdraw while the Pot is Open. If a Rite fails, the Pot reopens and pledges are withdrawable again. If it succeeds, the ticker price plus 5% is paid and the surplus comes back to sponsors pro rata. The code is unaudited testnet software.

Who pays the ticker?

The Officiant advances it with its own funds. The Pot repays the price recorded by the auction, plus 3%, only if all seven checks pass.

What does the Officiant keep after the Rite?

Nothing that can take or block anything. The fee share is 0% and can never be raised, the freeze privilege is revoked for good, genesis and link are sealed. Only cosmetic actions remain.

What is real on testnet?

Pots, pledges, bounties, the First Crossing escrow, bonds, Rites, verification, settlement, refunds and slashing are real contracts on Elysium Testnet. The HyperCore side is simulated by mock contracts that follow Hyperliquid's rules.

Is $SYMB live?

No. $SYMB is not launched and has no contract address. The launch will be announced only on @SymbolonHQ.

More questions in the docs