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Chris Karvouniaris
Chris Karvouniaris

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TickerTerminal Launchpad: Democratizing HyperCore Spot DEX

Intro

Launching a token shouldn’t require connections, backroom deals, or private allocations. It should be on-chain, transparent, and fair for everyone.

But while creating tokens has become easier, spot listing remains a bottleneck, often reserved for insiders or those with the right connections. Money goes to money still rules, even in Web3 in certain cases. That’s where TickerTerminal Launchpad comes in.

Fan of TL;DRs ? Got your back:

TickerTerminal Launchpad is a decentralized ticker launch platform built on HyperEVM that democratizes access to spot market listings on HyperCore.

Mainnet app → https://launchpad.tickerterminal.app/
Testnet app → https://launchpad-testnet.tickerterminal.app/
TickerTerminal → https://tickerterminal.app/
Docs → http://docs.tickerterminal.app
X → https://x.com/TickerTerminal

Built on HyperEVM and powered by Hyperliquid, Launchpad is a fully decentralized platform that lets anyone create, bond, and trade tickers through an automated bonding curve. Projects get instant liquidity and buyers enjoy fair, transparent price discovery, all without traditional presales, team allocations, or manual liquidity management.

It’s the missing piece in the token lifecycle — a seamless, automated pipeline that connects creation, bonding-curve trading, and spot listings on HyperCore, leveling the playing field for every participant.

What Launchpad is?

At its core, Launchpad is a permissionless ticker deployment and trading system built around a simple idea: anyone should be able to launch a token fairly, transparently, and with built-in liquidity while having a fair chance to be listed in HyperCore Spot Markets.

Launchpad empowers anyone to create, launch, and trade tickers with instant liquidity and a direct pathway to listing on HyperCore’s spot market. By leveraging an automated bonding curve mechanism, the platform eliminates the need for traditional presales, team allocations, and manual liquidity provision.

Each ticker starts as a bonding curve market, where users buy and sell directly from the contract. The curve automatically adjusts prices based on demand, providing instant, continuous liquidity and predictable, auditable pricing.

Key features include:

Fair Launch for Everyone

  • No Presales: Everyone buys from the same bonding curve
  • No Team Allocations: Creators don’t get special privileges or token allocations
  • Transparent Pricing: Bonding curve formula ensures predictable and fair price discovery
  • Permissionless: Anyone can create and launch a ticker without approval

Instant Liquidity

  • No Waiting: Trade immediately after ticker initialization
  • Always Available: Bonding curve provides continuous liquidity
  • No Slippage Surprises: Exact output model shows you exactly what you’ll get

Path to Success

  • HyperCore Listing: Bonded tickers are auctioned for spot market listing
  • AMM Fallback: Tickers can migrate to HyperSwap V2 if listing requirements are not met
  • Progressive Stages: Distinct bonding targets to successfully migrate into HyperCore

Lifecycle of a Ticker

Every ticker on Launchpad moves through atransparent, auditable lifecycle, with distinct stages that guide it from creation to spot trading:

  • Registration & Deployment: Creators click “Launch Ticker,” provide a name, ticker symbol, and metadata (stored on IPFS). The bonding curve contract is deployed, and the ticker is immediately tradable via the bonding curve mechanism with a simple yet deterministic, capital-efficient market without an order book. The result is a reliable, automated AMM-style market where liquidity and pricing are handled entirely by smart contracts, with no manual intervention or centralized order books. Early trades can be volatile, so Launchpad uses virtual reserves of the bonding curve mechanism to smooth initial pricing. This makes first trades feel like real market activity rather than lottery tickets, protecting early participants while keeping the market predictable.
  • Trading & Bonding: Users buy and sell tokens through the bonding curve. The contract tracks bonding progress toward the target HYPE amount, allowing the market to develop organically. As users purchase tokens, the curve automatically raises the price, while when users sell, the curve compensates them based on the current supply and demand.
  • Bonding Target Reached (Graduation): Once the bonding targets or participation thresholds are met, the ticker becomes eligible for auction to secure aHyperCore spot listing.
  • HyperCore Spot Ticker Auction & Migration: When a ticker is ready to graduate to HyperCore, the protocol makes a series of consecutive attempts to register it via the auction process. Each attempt corresponds to a progressively higher bid toward the target listing price. If an attempt fails, the system automatically proceeds to the next one, increasing the bid for the subsequent auction. If all attempts fail, liquidity is returned to the bonding curve and a new target is set to provide more liquidity and bid chances during the next stage. This process continues for up to a maximum of 4 stages. If a ticker exhausts all auction attempts without securing a listing, it automatically migrates to an AMM pool (HyperSwap V2). This ensures liquidity is preserved for holders while freeing up opportunities for other tickers to participate in future auctions in a FIFO manner.

Thisprogressive, stage-based lifecyclereduces uncertainty, avoids fragmented expectations, and provides a clear, automated path for tokens to graduate from bonding curves to fully tradable spot markets.

Fallbacks for Listed and Duplicate or PVP Tickers

If a selected ticker becomes unavailable during registration (due to bonding curve delays), the system applies a fallback process:

  • Prefix the original ticker with “T” (e.g.,HYPE→THYPE).
  • If the ticker has six characters, remove the last character before adding the “T” prefix (e.g.,ASDFGH→TASDFG).
  • If the fallback ticker is also taken, the associated liquidity automatically migrates to HyperSwap.
  • Users are notified during trading if a ticker is already registered on HyperCore.

Multiple identical tickers may exist if they haven’t yet been registered on HyperCore. Graduation order determines deployment:

  • The first to graduate gets to try and bid for the original ticker on HyperCore.
  • The second receives a fallback ticker (e.g., prefixed with “T”).
  • All remaining identical tickers are automatically deployed on HyperSwap.
  • Users are informed during launch and trading if a ticker already exists, but the platform does not control which instance ultimately deploys on HyperCore.

Smart Contracts & Security

Ticker contracts are implemented using a modified version of the ERC20 standard.

  • Restricted Transfers: While the bonding curve is active, the ticker tokencannot be transferred freely. It is only transferableto and from the Router contract, ensuring that all activity stays within the protocol.
  • No Approvals Required: To streamline user interactions, the contract uses thetransferAndCallmethod fromERC677, eliminating the need for prior approval before transfers.
  • Post-Migration Behavior: If a ticker migrates toHyperSwap, it is upgraded to astandard ERC20 token, enabling unrestricted transfers and full ERC20 compatibility.

All Launchpad logic is implemented in on-chain contracts. The docs list contract interfaces and addresses so advanced users and third-party auditors can verify behavior and integrate tooling. Treat those addresses as the source of truth for integrations.

Get Started

With deterministic bonding curves, instant liquidity, and a staged pathway to HyperCore, creators have a fair, on-chain mechanism to bootstrap communities. Users get transparent, auditable markets they can actually trade in.

If you care about fair launches, simple UX, and composable token economics,try Launchpad. Read the docs, test a small buy, and, if you’re building, deploy your first ticker today. Every detail here exists to make token launches practical, auditable, and permissionless.

Mainnet app → https://launchpad.tickerterminal.app/
Testnet app → https://launchpad-testnet.tickerterminal.app/
TickerTerminal → https://tickerterminal.app/
Docs → http://docs.tickerterminal.app
X → https://x.com/TickerTerminal

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