Trading fee
Every buy and sell on Ascend pays a fee in HYPE. It is claimed by the dev wallet, in public, every time.
Ascend · Elysium · Coming soon
Every trade adds thrust.
Fees buy and burn $VEL now,
and stake HYPE forever to keep burning.
The flywheel
Every buy and sell on Ascend pays a fee in HYPE. It is claimed by the dev wallet, in public, every time.
Half of every claim buys $VEL on the open market and sends it to the dead address. You see the dev wallet buy on the chart.
The other half is staked as kHYPE and never sold. Only its yield is used, to buy and burn $VEL. Forever, even when volume sleeps.
Live on Elysium
Read straight from the chain. No backend, no trust.
Simulator
Estimate only. Ascend holds part of the creator fees until the token stays above $40k MC; held fees are counted once released. Assumes a simple x*y=k pool and ignores other traders.
Proof
Claims, buys, stakes and burns by the dev wallet —.
Nothing yet. The first burn shows up here with its tx.