
Ascend
Launchpad for Kinetiq's Elysium: launch tokens into locked liquidity and earn creator fees.
Ascend is a token launch and lifecycle protocol for Elysium, the Ethereum-compatible Layer 2 built by Kinetiq that settles to HyperEVM and uses HYPE for gas. Builders launch tokens into locked liquidity through a standard pool framework and earn a share of their token's trading fees. Projects that qualify reach "Ascended" status, with a path toward HyperCore spot markets and eligible HIP-3 perps.
HYPE holders can stake through Ascend to get exposure to new ecosystem tokens without selling their HYPE, plus extra HYPE rewards funded by protocol revenue. Ascend will not launch its own token: half of net protocol revenue buys KNTQ (60% burned, 20% paired with kHYPE as liquidity, 20% to the points programme).
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