Introduction

notional is a launchpad for memecoins on HyperEVM, the EVM chain of Hyperliquid. Anyone can launch a coin, and every coin trades against the asset its creator picks: HYPE, USDC or a tokenized stock.

What you can do

• Launch a coin with a name, a ticker, an image and a pair.
• Trade any coin against its pair as soon as it is live.
• Earn as a creator: a share of every trade on your coin's curve goes to you.

How a coin's life works

Every coin starts on a bonding curve. The price rises as people buy and falls as they sell, and the curve always quotes a price, so there is no order book to wait on and no presale to get into first.

When enough has been bought, the coin graduates. Its liquidity moves into a HyperSwap pool for the same pair and is locked there for good. From then on it trades like any other token on HyperEVM.

Why the pair matters

On most launchpads a coin can only trade against the chain's own token. On notional the creator chooses. A coin paired with a tokenized stock is bought with that stock and priced in it, so its chart shows how the coin moves against the stock, not against HYPE.

Where to start

• Launching a coin: the steps, from connecting a wallet to your coin's first trade.
• Pairs: every pair you can pick and how each one works.
• Fees: what a launch and a trade cost, and who receives the fees.