> For the complete documentation index, see [llms.txt](https://docs.div.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.div.fun/for-traders/the-token-page.md). # The token page The token page is where you inspect a single token before you trade it. It brings together the chart, the dividend record, the curve or market state, the trade panel, and the token's liquidity status on one screen. ### The chart A price chart with candles, in the format a Hyperliquid trader expects. For a token on its [bonding curve](/core-concepts/the-bonding-curve.md), the chart shows curve price discovery. For a [graduated](/core-concepts/graduation.md) token, it shows market price on the HyperSwap pool. ### Dividend history This is the section that matters most on div.fun, and the one a standard launchpad does not have. It records what the token has actually paid: * **Total distributed** — how much reward asset has been paid to holders over the token's life. * **Recent distributions** — amounts paid over recent windows, so you can see whether the token is paying now, not just whether it once did. * **Reward asset** — the asset every figure is denominated in. Read this before anything else. A token's price is a claim about the future; its dividend history is a record of the past. The history is the honest part. ### Token facts The page shows the token's fixed properties, read from the chain: * the **reward asset**; * the **dividend share** and how it is split between holders and the creator; * the **status** — on the curve (with progress) or graduated; * the **eligible supply** the distribution uses (see [eligibility](/core-concepts/reward-eligibility.md)); * the **market cap in USD**, calculated from the live HYPE/USD price. Because these are read on-chain and fixed at launch, they are not marketing claims. They are what the contract will do. ### Liquidity burned badge Every token page shows a **"Liquidity X% burned"** badge. For bonding-curve tokens, LP is burned automatically at graduation (\~100%). For direct-liquidity tokens, the creator can burn LP from this page at any time — once burned, it is sent to a dead address and provably non-withdrawable by anyone. The badge updates as LP is burned so the current state is always visible. ### The trade panel From the same page you can buy or sell. The panel quotes the price — from the curve before graduation, from the HyperSwap pool after — and the amount you will receive. See [buying and selling](/for-traders/buying-and-selling.md) for the mechanics, including the difference between trading on the curve and on the market. ### How to use the page 1. Read the **dividend history** — is the token actually paying? 2. Check the **reward asset** — do you want to be paid in it? 3. Check the **status** — both curve and graduated tokens pay dividends; what matters is trading volume. 4. Check the **liquidity burned badge** — more burned LP means less withdrawable liquidity risk. 5. Look at the **chart and volume** — is there enough trading to sustain dividends? 6. If it holds up, use the **trade panel** to buy. Continue to [buying and selling](/for-traders/buying-and-selling.md). The token page is where you inspect a single token before you trade it. It brings together the chart, the dividend record, the curve or market state, the trade panel, and the token's liquidity status on one screen. ### The chart A price chart with candles, in the format a Hyperliquid trader expects. For a token on its [bonding curve](/core-concepts/the-bonding-curve.md), the chart shows curve price discovery. For a [graduated](/core-concepts/graduation.md) token, it shows market price on the HyperSwap pool. ### Dividend history This is the section that matters most on div.fun, and the one a standard launchpad does not have. It records what the token has actually paid: * **Total distributed** — how much reward asset has been paid to holders over the token's life. * **Recent distributions** — amounts paid over recent windows, so you can see whether the token is paying now, not just whether it once did. * **Reward asset** — the asset every figure is denominated in. Read this before anything else. A token's price is a claim about the future; its dividend history is a record of the past. The history is the honest part. ### Token facts The page shows the token's fixed properties, read from the chain: * the **reward asset**; * the **dividend share** and how it is split between holders and the creator; * the **status** — on the curve (with progress) or graduated; * the **eligible supply** the distribution uses (see [eligibility](/core-concepts/reward-eligibility.md)); * the **market cap in USD**, calculated from the live HYPE/USD price. Because these are read on-chain and fixed at launch, they are not marketing claims. They are what the contract will do. ### Liquidity burned badge Every token page shows a **"Liquidity X% burned"** badge. For bonding-curve tokens, LP is burned automatically at graduation (\~100%). For direct-liquidity tokens, the creator can burn LP from this page at any time — once burned, it is sent to a dead address and provably non-withdrawable by anyone. The badge updates as LP is burned so the current state is always visible. ### The trade panel From the same page you can buy or sell. The panel quotes the price — from the curve before graduation, from the HyperSwap pool after — and the amount you will receive. See [buying and selling](/for-traders/buying-and-selling.md) for the mechanics, including the difference between trading on the curve and on the market. ### How to use the page 1. Read the **dividend history** — is the token actually paying? 2. Check the **reward asset** — do you want to be paid in it? 3. Check the **status** — both curve and graduated tokens pay dividends; what matters is trading volume. 4. Check the **liquidity burned badge** — more burned LP means less withdrawable liquidity risk. 5. Look at the **chart and volume** — is there enough trading to sustain dividends? 6. If it holds up, use the **trade panel** to buy. Continue to [buying and selling](/for-traders/buying-and-selling.md). --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.div.fun/for-traders/the-token-page.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.