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HyperPad Core rail behind the Phase 2 lock

The Core rail — blurred and locked until it ships on mainnet.

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

The market is the HIP-1 spot order book; HIP-2 Hyperliquidity seeds it with tight, two-sided liquidity from block one.

How it stays safe

The actual launch on HyperCore is run by an operator — but you never trust them with your money. Your USDC sits in non-custodial escrow the whole way, the operator is only paid once the token is provably live, and a bond keeps them honest. Either the token ships and funders hold it, or everyone refunds — nothing in between.
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.