# 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 . * **Minting:** If the application is approved, you can mint it at . You can access the whitelist application portal here: . For our Korean audience, [SKYGG ](https://x.com/SKYGG_Official)has created this 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 5**00 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](/hyperliquid-names/how-to/auctions.md) for more details. For our Korean audience, [SKYGG ](https://x.com/SKYGG_Official)has created this guide: . ## Open mint More information coming soon. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://hyperliquid-names.gitbook.io/hyperliquid-names/fair-launch.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.