Fair Launch

Hyperliquid Names will follow a structured, fair launch process designed to minimize name squatting and ensure equal opportunity for individuals and entities to claim and mint names. The launch will consist of three phases:

  • Phase 1: Whitelist Application

  • Phase 2: Auction

  • Phase 3: Open mint

Whitelist Application

During this phase, individuals can apply for a specific name and reserve it for minting at mainnet launch.

  • Access code: You will need a unique, one-time use access code to enter the whitelist application portal. Codes will be distributed exclusively through our ecosystem partners.

  • Name Selection: Once you're in the portal, connect your Twitter or Discord, Wallet (to check for ENS names you own), and select one of the generated .hl names.

  • Custom Name: You can optionally request a custom name. Just provide evidence of your ownership and it will be reviewed.

  • Check your status: You can review the status of your application at https://apply.hlnames.xyz/status.

  • Minting: If the application is approved, you can mint it at https://app.hlnames.xyz.

You can access the whitelist application portal here: https://apply.hlnames.xyz/.

For our Korean audience, SKYGG has created this guide: https://skyggxyz.notion.site/hl-names-whitelist-guide.

Auction

Names that have not been minted during the application phase will be made available for auction. The auction phase introduces a competitive process where participants can place bids to win ownership of a name.

  • Auction Duration: Each auction runs for 31 hours.

  • Bidding Rules:

    • Bids start at the minimum bid price and must increment by at least .01 HYPE.

    • If a bid is placed within 5 hours of the auction's end, the auction will extend by an additional 1 hour.

    • A temporary maximum of 500 active auctions can run at any time.

    • Each wallet is temporarily limited to owning a maximum of 10 names during the auction phase.

      • We will routinely review these limitations and adjust them as needed.

  • Winning the Auction: The highest bidder at the end of the auction period wins the name.

  • Pricing tiers:

    • 1 char: 3 HYPE

    • 2 char: 2 HYPE

    • 3 char: 1 HYPE

    • 4+ char: 0.5 HYPE

See How To > Auctions for more details.

For our Korean audience, SKYGG has created this guide: https://skyggxyz.notion.site/HL-Names-Korean-Auctions-Guide-1bd64c62732d809fb256e07e5605423e.

Open mint

More information coming soon.

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