How Hover works
A simple, flat 1% fee.
1% Fee
0.5% to the creator·0.5% to the protocol
Every buy and sell on the bonding curve charges a flat 1% fee, split evenly between the token creator and the protocol. No hidden charges.
No cut at graduation
When a token graduates to the Elysium DEX, Hover takes nothing — all raised HYPE and the 25% LP reserve seed the pool at the curve-close price, and the LP tokens are locked forever. The 1% trade fee is the only revenue; token creation is free.
The lifecycle
| # | Step | Fee |
|---|---|---|
| 1 | Create a token | Free (gas only) |
| 2 | Buy on bonding curve | 1% |
| 3 | Sell on bonding curve | 1% |
| 4 | Token graduates to the Elysium DEX | No cut (LP locked) |