Launching a token used to mean writing smart contracts and arranging liquidity. On Phew, the process is shorter: you connect a wallet, describe your token, set its economics, review everything and sign. No coding is needed, and trading opens instantly once your token is live.
Phew is a token launchpad. When you launch a token on it, the token trades on a bonding curve, which is a pricing mechanism where the price moves as people buy and sell. Trading starts the moment the token is live, so there is no waiting period between creating the token and the first trade.
As buying fills the curve, the token works toward graduation at $2,500 raised, or its equivalent in the pair asset. At that point it moves to a Uniswap v4 pool, and its liquidity is locked forever. Every launch follows that structure: a bonding-curve phase first, then a graduated pool with locked liquidity.
Every launch also carries a trading fee of 1%. That fee is split three ways: 50% to creators, 40% to the protocol and 10% to buyback. In plain terms, creators keep 50% of trading fees on their token. The split is fixed, so you know before you launch exactly how trading activity on your token is shared.
Have these ready before you open the launchpad:
If any of those pieces is missing, sort it out first. A launch that stalls halfway through because the wallet is empty is easy to avoid.
Open the Phew launchpad at phew.pro/launchpad and connect your wallet. Your wallet will ask you to approve the connection; check that the site address is phew.pro before you approve. Connecting a wallet does not move any funds; it only links your wallet to the page.
Make sure you are connected on the chain you want to launch on. The launch fee and gas token depend on the chain: on Elysium the launch fee is 0.02 HYPE, and gas is paid in HYPE.
Next, fill in your token’s identity: its name, its symbol and a description. This is the public face of the token, and it is what appears on the launchpad board and in the trade panel. Keep the description factual: say what the token is and what it is for, and avoid claims about future value.
Double-check the spelling of the name and symbol before moving on: they are part of the token once it is launched.
The economics step is where you confirm how the launch works. Your token trades on a bonding curve from the moment it goes live, and graduates to a Uniswap v4 pool with liquidity locked forever once $2,500 has been raised, or the equivalent in the pair asset.
Review the trading fee as well. Every trade on your token carries a 1% fee, split 50% to creators, 40% to the protocol and 10% to buyback. That means half of all trading fees on your token go to you as the creator. There is nothing extra to configure here: the split applies automatically to trading on the token once it is live.
Take your time here. You should be able to explain the economics in one sentence: a bonding curve, graduation at $2,500 raised, and a 1% trading fee of which creators keep 50%.
Before anything is submitted, the launchpad shows you a summary of the whole launch: the token identity, the economics and the fees, including the 0.02 HYPE launch fee on Elysium. Read it line by line. Check the name and symbol one more time, confirm the chain is the one you intended, and confirm the fee amount.
When everything looks right, sign the transaction in your wallet. If the numbers in your wallet do not match the summary on the page, stop and check that you are on the correct site before signing anything. Once the transaction confirms, your token is live and trading opens instantly on the bonding curve.
The moment your token is live, anyone can trade it on the launchpad. Buys and sells move the price along the bonding curve, and every trade contributes to progress toward graduation. There is no separate step to open trading.
As trading continues, watch two things: progress toward the $2,500 graduation threshold, and your creator share of trading fees. Creators keep 50% of the 1% trading fee on their token, so sustained trading produces an ongoing share of that activity.
Launching is only the beginning. A token with no one trading it sits on its curve, so sharing the launch and explaining the idea honestly matter more after launch than before it.
Elysium is one of the chains Phew supports, and it has its own launchpad board with a live trade panel. Elysium is Kinetiq’s Hyperliquid L2, built on Arbitrum Orbit, with chain ID 99901 and HYPE as its gas token. You can read more in Elysium launchpad explained.
Launching on Elysium follows the same four steps as anywhere else on Phew, with one chain-specific detail: the launch fee on Elysium is 0.02 HYPE. That fee is paid when you sign the launch, and gas for the transaction is also paid in HYPE. The bonding curve, the $2,500 graduation threshold and the 50% creator share of trading fees work the same way on Elysium as on the other chains Phew supports.
Launching also earns rewards in Airdrop Season 1: +500 $PHEW for launching a token, and a further +2,500 $PHEW on graduation. Trading earns +0.5 $PHEW per $1 of volume, capped at 25,000 per day. The rule throughout Season 1 is one wallet, one reward. See the $PHEW presale guide and the tokenomics.
Most failed launches are avoidable. The common ones are rushing the token identity and publishing a name with a typo, skipping the review step and signing a launch on the wrong chain, and confusing the launch fee with the trading fee. The launch fee is the one-time 0.02 HYPE paid on Elysium when you launch; the trading fee is the ongoing 1% on trades, of which creators keep 50%. Graduation is not timed either: it happens when $2,500 has been raised, or the equivalent in the pair asset, and no launch comes with a promise about when that will be.
No. Launching is a four-step process in the launchpad: connect a wallet, set the token identity, set the economics, review and sign. No coding is needed at any step.
The launch fee on Elysium is 0.02 HYPE, paid when you sign the launch. You will also need a little HYPE for gas, since HYPE is the gas token on Elysium.
Trading opens instantly: as soon as the launch transaction confirms, the token trades on its bonding curve.
When $2,500 has been raised, or the equivalent in the pair asset, the token graduates to a Uniswap v4 pool and its liquidity is locked forever. Creators continue to keep 50% of trading fees on their token.
Connect a wallet, set your token identity and economics, review and sign — trading opens instantly, and tokens graduate at $2,500 raised.
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