> 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/resources/faq.md). # FAQ ### General **What is div.fun?** A dividend-token launchpad on HyperEVM. Tokens launched here pay holders a share of their own trading volume, as dividends in a real asset — HYPE, a stablecoin, or a tokenized stock. See [Introduction](/introduction.md). **How is this different from a normal launchpad?** A normal launchpad gives you a token to trade. div.fun gives you a token that pays you to hold it. The dividend mechanism is built into the token and runs automatically. **Is div.fun live?** Check the app and official channels for current status. These docs describe how the product works regardless of launch stage. ### Dividends **Do I have to claim my dividends?** No. div.fun uses a [push model](/core-concepts/dividend-distribution.md). Dividends are sent to your wallet automatically. There is nothing to claim and no gas to pay to receive them. **When do dividends arrive?** Periodically, in batches, as the [keeper](/protocol/the-keeper.md) distributes them. Over any meaningful window, what you receive reflects your share of the eligible supply and the token's trading volume. **What asset are my dividends paid in?** Whatever [reward asset](/core-concepts/reward-assets.md) the token's creator chose at launch — HYPE, a stablecoin, or a tokenized stock. It is fixed and shown on the token's page. **Why did I receive less than my face percentage of the supply suggests?** Dividends are distributed across the [eligible supply](/core-concepts/reward-eligibility.md), which excludes pools and protocol contracts. In practice this usually means your share of the *eligible* supply is larger than your share of the total — read the figures on the token's page. **A token I hold stopped paying. Why?** Dividends come from trading volume. If a token stops being traded, it stops paying until volume returns. Dividends are an outcome of activity, not a fixed rate. ### Trading **What is the bonding curve?** The automated market that prices a token before it [graduates](/core-concepts/graduation.md). See [the bonding curve](/core-concepts/the-bonding-curve.md). **What is graduation?** When a token's curve reaches its target, its liquidity moves to a HyperSwap pool, the LP is burned (sent to a dead address), and the token starts trading on the open market. Dividends begin from the first curve trade, not at graduation. See [graduation](/core-concepts/graduation.md). **Why is there a fee on trades?** Each trade — curve or market — carries the token's dividend share, the fee-on-transfer that funds dividends. It is the mechanism that pays holders. See [buying and selling](/for-traders/buying-and-selling.md). **Do curve trades pay dividends?** Yes. Every trade carries the dividend share. Dividends begin from the first trade on the curve, not at graduation. ### Creating **Who can launch a token?** Anyone. Launching is permissionless. See [launching a token](/for-creators/launching-a-token.md). **Can I change my token's reward asset or fees later?** No. The reward asset, dividend share, and split are fixed at launch and immutable. This is deliberate — it is what lets holders trust the token. **How do I earn as a creator?** You receive the creator's share of every trade on your token — curve and market — in the reward asset, for as long as it trades. See [economics](/for-creators/economics-and-fees.md). **What does it cost to launch?** A launch fee in HYPE plus gas, and — if you launch with direct liquidity — the liquidity you seed. See [economics](/for-creators/economics-and-fees.md). ### Stock dividends **Can a token really pay me in stocks?** Yes — in tokenized stocks that trade on HyperCore, delivered to your wallet as an ERC-20. See [Stock dividends](/stock-dividends/stock-dividends.md). **Why are stock dividends slower?** They route through HyperCore's order book, which is asynchronous. The [keeper](/protocol/the-keeper.md) drives the path and dividends arrive in batches. See [how stock dividends work](/stock-dividends/how-stock-dividends-work.md). **Which stocks are supported?** Those with viable HyperCore markets and a HyperEVM link, curated in the launch wizard. See [supported stocks and limits](/stock-dividends/supported-stocks-and-limits.md). ### Safety **Can the liquidity be rug-pulled?** The LP created at graduation is burned — sent to a dead address, provably non-withdrawable by anyone including the team. This removes the liquidity rug, but not market risk — the price can still fall. See [security](/protocol/security.md). **What is the Burn LP feature for direct-liquidity tokens?** Creators who launched with direct liquidity can burn their LP from the token page. Once burned, it is sent to a dead address and cannot be withdrawn by anyone. Every token page shows a public "Liquidity X% burned" badge so holders can see at a glance how much LP has been permanently removed. **Can the team take my dividends?** No. Dividends are pushed by a permissionless distributor whose accounting prevents the operator or keeper from reaching funds owed to holders. **Is it safe?** The design provides immutable terms, burned LP (at graduation and optionally by creators for direct-liquidity tokens), and non-custodial dividends. It does not remove market risk, reward-asset risk, or the need to vet permissionless tokens. Read [security](/protocol/security.md) in full. ### General **What is div.fun?** A dividend-token launchpad on HyperEVM. Tokens launched here pay holders a share of their own trading volume, as dividends in a real asset — HYPE, a stablecoin, or a tokenized stock. See [Introduction](/introduction.md). **How is this different from a normal launchpad?** A normal launchpad gives you a token to trade. div.fun gives you a token that pays you to hold it. The dividend mechanism is built into the token and runs automatically. **Is div.fun live?** Check the app and official channels for current status. These docs describe how the product works regardless of launch stage. ### Dividends **Do I have to claim my dividends?** No. div.fun uses a [push model](/core-concepts/dividend-distribution.md). Dividends are sent to your wallet automatically. There is nothing to claim and no gas to pay to receive them. **When do dividends arrive?** Periodically, in batches, as the [keeper](/protocol/the-keeper.md) distributes them. Over any meaningful window, what you receive reflects your share of the eligible supply and the token's trading volume. **What asset are my dividends paid in?** Whatever [reward asset](/core-concepts/reward-assets.md) the token's creator chose at launch — HYPE, a stablecoin, or a tokenized stock. It is fixed and shown on the token's page. **Why did I receive less than my face percentage of the supply suggests?** Dividends are distributed across the [eligible supply](/core-concepts/reward-eligibility.md), which excludes pools and protocol contracts. In practice this usually means your share of the *eligible* supply is larger than your share of the total — read the figures on the token's page. **A token I hold stopped paying. Why?** Dividends come from trading volume. If a token stops being traded, it stops paying until volume returns. Dividends are an outcome of activity, not a fixed rate. ### Trading **What is the bonding curve?** The automated market that prices a token before it [graduates](/core-concepts/graduation.md). See [the bonding curve](/core-concepts/the-bonding-curve.md). **What is graduation?** When a token's curve reaches its target, its liquidity moves to a HyperSwap pool, the LP is burned (sent to a dead address), and the token starts trading on the open market. Dividends begin from the first curve trade, not at graduation. See [graduation](/core-concepts/graduation.md). **Why is there a fee on trades?** Each trade — curve or market — carries the token's dividend share, the fee-on-transfer that funds dividends. It is the mechanism that pays holders. See [buying and selling](/for-traders/buying-and-selling.md). **Do curve trades pay dividends?** Yes. Every trade carries the dividend share. Dividends begin from the first trade on the curve, not at graduation. ### Creating **Who can launch a token?** Anyone. Launching is permissionless. See [launching a token](/for-creators/launching-a-token.md). **Can I change my token's reward asset or fees later?** No. The reward asset, dividend share, and split are fixed at launch and immutable. This is deliberate — it is what lets holders trust the token. **How do I earn as a creator?** You receive the creator's share of every trade on your token — curve and market — in the reward asset, for as long as it trades. See [economics](/for-creators/economics-and-fees.md). **What does it cost to launch?** A launch fee in HYPE plus gas, and — if you launch with direct liquidity — the liquidity you seed. See [economics](/for-creators/economics-and-fees.md). ### Stock dividends **Can a token really pay me in stocks?** Yes — in tokenized stocks that trade on HyperCore, delivered to your wallet as an ERC-20. See [Stock dividends](/stock-dividends/stock-dividends.md). **Why are stock dividends slower?** They route through HyperCore's order book, which is asynchronous. The [keeper](/protocol/the-keeper.md) drives the path and dividends arrive in batches. See [how stock dividends work](/stock-dividends/how-stock-dividends-work.md). **Which stocks are supported?** Those with viable HyperCore markets and a HyperEVM link, curated in the launch wizard. See [supported stocks and limits](/stock-dividends/supported-stocks-and-limits.md). ### Safety **Can the liquidity be rug-pulled?** The LP created at graduation is burned — sent to a dead address, provably non-withdrawable by anyone including the team. This removes the liquidity rug, but not market risk — the price can still fall. See [security](/protocol/security.md). **What is the Burn LP feature for direct-liquidity tokens?** Creators who launched with direct liquidity can burn their LP from the token page. Once burned, it is sent to a dead address and cannot be withdrawn by anyone. Every token page shows a public "Liquidity X% burned" badge so holders can see at a glance how much LP has been permanently removed. **Can the team take my dividends?** No. Dividends are pushed by a permissionless distributor whose accounting prevents the operator or keeper from reaching funds owed to holders. **Is it safe?** The design provides immutable terms, burned LP (at graduation and optionally by creators for direct-liquidity tokens), and non-custodial dividends. It does not remove market risk, reward-asset risk, or the need to vet permissionless tokens. Read [security](/protocol/security.md) in full. --- # 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/resources/faq.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.