Launch Your Token
Every token you launch is backed by a real Hyperliquid perpetual position. Buyers get leveraged exposure through a simple token.
The launchpad is coming soon
Hyperfun is in preview (demo). Launching your own perp-backed token will be available soon — in the meantime, explore the demo tokens.
← View tokens (demo)How it works
Choose an underlying asset (BTC, SOL, ETH, HYPE), direction (long/short), and leverage (2x/3x/5x). This defines your token's value driver.
A real leveraged perpetual position is opened on Hyperliquid. The collateral from token sales directly backs this position.
Your token trades on a constant-product bonding curve denominated in the backing LT. When its LT reserve is worth ~$10k, it graduates to a HyperEVM DEX.
Key Facts
Tokens on Hyperfun can lose all value. The backing LT is non-liquidating but can decay to zero (the token "dies") through funding and volatility drag. Only invest what you can afford to lose.