FAQ

Frequently asked questions

I got outbid, what happened to my HYPE?

Whenever there is a new bid, the previous bidder's HYPE is immediately refunded in the same transaction. You can verify this by looking at the Internal Transfers of the new bid transaction on https://www.hyperscan.com/

Example:

• Looking at https://app.hlnames.xyz/name/cold.hl

• bradders.hl won the auction with 1.3 HYPE. The previous bidder was 0x04...3d2d with 1.2 HYPE.

• In bradders.hl bid tx, you can see 1.2 HYPE was refunded to 0x04...3d2d: https://www.hyperscan.com/tx/0xa20de3e631a670a65df58a73249c7159a68b765902ff25167de3598fa6be153d?tab=internal

Auction limit reached

A temporary maximum of 500 active auctions can run at any time. This is to prevent malicious spamming of auctions and the limit will be adjusted as needed.

Once the 500 auction limit is reached, an auction must end before another one can be started.

Auction limit reached

Mint for the winner

We have a temporary limit of 500 maximum active or claimable auctions at a time. Once this maximum is reached, no new auctions can be created. This it to prevent anyone from spamming the auction list.

You can help free up slots by minting claimable auctions for the winner. This will allow for new auctions to be created.

Mint for the winner

You are not whitelisted

Sorry, whitelisted names are not available for auction. Please try a different name.

You are not whitelisted

You reached the max name allocation

We have a temporary limit of 10 names per wallet. Once you own 10 names or are winning 10 auctions, you cannot place any more bids. This is to make the auctions more equitable and prevent whales from winning every auction.

We will routinely review the name distribution and update the max name allocation as needed.

Max name allocation

Why 31 hour auctions?

We chose a 31-hour auction window to match the Hyperliquid Spot Auction (https://app.hyperliquid.xyz/deployspot) and to ensure fairness across all timezones. Shorter durations like 12 or 24 hours would favor certain regions — 31 hours gives everyone a shot to participate during their local prime time.

Auction Extension Rules: Auctions only extend when less than 5 hours remain.

If less than 5 hours remain, new bids adds 1 hour to the end time. If more than 5 hours are remain, bids do not extend the auction.

Examples:

• >5 hrs → New bids do not extend time.

• 4 hrs → First bid adds 1 hr (now 5 hrs). New bids do not extend time.

• 1 hr → Each bid adds 1 hr, until time remaining exceeds 5 hrs. After, new bids do not extend time.

This system helps prevent last-second sniping by bots or MEV, giving real users a fair chance.

Once the auction phase ends, the public mint phase begins — no restrictions, just first-come-first-serve.