Docs
Everything a buyer or a creator needs to know, in plain words. Numbers here come from the contracts, not from a marketing page.
What Launchcraft is
Launchcraft is a token launchpad on Elysium, Kinetiq's chain where HYPE is the gas and the trading currency. A creator fills in a name, picks where fees go, and sends one transaction. The contracts then:
- Mint 1,000,000,000 tokens and put every one of them into a Uniswap v4 pool against HYPE. Nobody gets free tokens.
- Lock the pool position forever. There is no function that can withdraw it.
- Record the fee rules in a hook, so every trade on any app pays the same fee and the fee goes where the creator said.
Buyers can read the rules on the token page before they buy. Creators can change some rules later, but only within limits they set at launch and only with 48 hours' notice.
Fees
Each trade pays one fee, in HYPE, that the creator chose at launch. It is shown on the trade panel before you confirm.
| What | Amount |
|---|---|
| Normal buy and sell fee | Set by the creator, at most 10% |
| Platform share | 0.3% of the trade, taken out of that fee |
| Rest of the fee | Split between the creator, holders, buybacks and liquidity growth, by the template |
| Anti-snipe fee | Up to 99% for the first seconds only, then the normal fee |
| Gas | Elysium gas in HYPE, well under a cent per trade |
Fees on Launchcraft are not hidden in the price. The quote shows the exact HYPE you pay and the exact tokens you get.
Templates
A template is where the fee goes after the platform's 0.3%.
- Creator: everything to the creator's wallet.
- Rewards: part to the creator, part paid in HYPE to everyone holding the token, by balance.
- Buyback: part to the creator, part spent buying the token back from the pool and burning it.
- Growth: part to the creator, part added to the locked pool so the price moves less per trade.
- Mixed: a bit of each.
In the full launch form a creator can set the exact split, bounds for later changes, and up to several payout wallets.
Anti-snipe
Bots try to buy in the same block a token opens, before anyone else. Launchcraft makes that expensive: the fee starts at 99% and drops to the normal fee over the first seconds (5 by default, 15 minutes at most). A buy in that window pays almost everything to the fee, so sniping does not pay.
A creator can whitelist up to 30 wallets that pay the normal fee from the first second, for a team or community. The list is public on the token page and cannot be changed after launch.
The token page shows a countdown while the window is open, and the trade panel warns you if the fee you would pay is higher than normal.
Creator first buy
A creator can buy in the launch transaction, before anyone else, with at most 5% of supply. The purchase is public, marked as a creator trade in the feed and on the chart, and can be vested over up to 365 days so it unlocks gradually.
Changing rules
Some rules can change after launch, some never:
- Never: supply, the locked pool, the launch fee (which is the cap), the whitelist, the anti-snipe schedule.
- With 48 hours' notice: raising a fee back up, never above the launch fee; the split between buckets (within bounds); payout wallets; buyback and growth settings.
- Instantly: lowering the fee.
A pending change shows on the token page the moment it is proposed, with the time it takes effect. Trades include a fee guard: if the fee rises before your trade is mined, the trade reverts instead of paying more. A creator can also renounce, which locks the rules forever and shows a Rules locked badge.
Holder rewards
On Rewards and Mixed templates, part of every fee is paid to holders in HYPE, in proportion to balance. Rewards build up per token and are claimed on the Rewards page in one transaction for all your tokens.
Contracts
Elysium Testnet (chain id 99801). All contracts are verified on the explorer.
API
The same data the site uses is public, read-only and free. Base URL https://api.uselaunchcraft.xyz. Every response carries meta.hypeUsd with the HYPE price and meta.indexedThrough so you know how fresh it is.
| Route | Returns |
|---|---|
GET /v1/launches?tab=new|active|trending|upcoming&q=&sort= | Token list with price, market cap, 5m/1h/4h/24h change, holders, volume |
GET /v1/trending | Top tokens of the last 6 hours |
GET /v1/stats | Site totals: launches, volume, traders, HYPE in pools, fees, rewards |
GET /v1/activity?limit= | Live feed of trades and launches |
GET /v1/launches/99801/:token | One token: pool, supply, metadata |
…/:token/trades, /candles?interval=, /holders, /traders, /rules, /economics | Per-token detail |
GET /v1/accounts/99801/:address/portfolio | Positions and profit for a wallet |
GET /v1/traders?sort=pnl|volume | Leaderboard |
GET /v1/health | Indexer status |
FAQ
Can the creator pull the liquidity?
No. The pool position is held by a lock contract with no withdraw function. The explorer shows it.
Can the creator raise the fee later?
Never above the fee the token launched with. The creator can lower a fee any time, and raise it back up to the launch number with 48 hours' notice shown on the token page. Only the wallet that launched the token can do this.
Is this an audit-free system?
The contracts are open and verified. Read the token page, check the rules, and never buy more than you can lose. A locked pool protects against a rug pull, not against a bad token.
Where do I get HYPE?
See Bridge: add Elysium to your wallet, then use Kinetiq's faucet (testnet) or bridge (mainnet).
Something looks wrong on a page
The badge next to the title says whether data is live or delayed. Trading always works straight from the chain even if our index is behind.