how it works
Skyhook launches coins on Elysium, the fast network for Hyperliquid, and lets you pay with SOL from any Solana wallet.
Launching
- Pick a name, ticker and image, and choose your first buy.
- Approve one payment in your Solana wallet.
- About a minute later your coin is live on Uniswap on Elysium, with your first buy already in.
Every coin has 1,000,000,000 tokens. All of them go into the coin's Uniswap pool at launch, and that liquidity is locked forever: no one, including Skyhook and the creator, can remove it. Your first buy happens in the same transaction, before anyone else can trade.
Buying and selling
Buy with SOL and the coins arrive on Elysium in about a minute. Buy with HYPE from your Skyhook wallet and it's done in about a second.
Sales pay out in HYPE to your Skyhook wallet. Spend it on any coin instantly, or send it to any Elysium address.
Your Skyhook wallet
Connecting opens a wallet on Elysium that belongs to your Solana wallet. It's made in your browser from your Solana wallet's signature on a fixed message, so it's the same wallet every time and only you can open it. Signing is free and moves nothing.
Fees
Every trade pays a 1% fee to the coin's pool. Half goes to the coin's creator. The other half buys back $SKYHOOK. Launching costs only the network fees.
Contracts
Skyhook: published at launch
Coins trade on Elysium's Uniswap v4. SOL payments travel through Relay to HyperEVM, then into Elysium through its official bridge.
Risks
- Memecoins are volatile. Most go to zero. Only use what you can afford to lose.
- Elysium is new. It runs one sequencer today, and moving funds from Elysium back to HyperEVM waits out a challenge period.
- Skyhook relies on Elysium, Uniswap, Relay and your wallet working as expected.
- Anyone can launch a coin. A coin on Skyhook isn't an endorsement of it.