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Phase 2 — not live yet. The Core rail has been proven end-to-end on testnet, but it isn’t open on mainnet. The EVM rail is live today. Here’s a peek at what’s coming.
HyperPad Core rail behind the Phase 2 lock

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What’s coming

The EVM rail launches into an AMM pool. The Core rail launches into a real HyperCore order book — and the people who funded it are the first to hold the token.

Funders are the buyers

Pool USDC into escrow. When the token deploys, HIP-1 genesis drops straight into funders’ wallets — no claim queue, no custodian handing it out.

Earlier + bigger pays off

A published, continuous bonus curve rewards conviction. Your allocation is transparent before you commit.

Non-custodial escrow

Your USDC never touches an operator wallet. It’s refundable until the token is provably live on HyperCore.

A book, not a curve

HIP-2 seeds bid-side liquidity so there’s a tight, two-sided market from block one.
Want the deep mechanics — the deploy auction, the bond, the challenge window? They’ll land here when the Core rail opens. For now, go launch on the EVM rail.