$HYPE is listing on KADDEX V1

Learn all about WHY’s WEN’s and HOW’s

Published in

Hypercent

5 min readApr 13, 2022

This being our first post-IDO article we firstly want to say a massive thank you to everyone who participated in our sale but also to everyone who supported us knowing they won't be able to participate due to the geographic restrictions of our KYC.

Why Kaddex V1?

1.Giving the people who missed the sale a chance to own $HYPE as soon as possible.
The most important reason to list $HYPE on Kaddex V1 and not wait for the audit to end on V2 lies with the very impressive metrics we have seen during our IDO. We are especially looking at the ratio between the people who wanted to buy $HYPE and the people who had the opportunity to do so.

As we previously announced we had 5200 people on our whitelist, out of which 3800 passed the KYC and 1617 closed the sale, but this is not the complete picture. How about the people who knew they couldn’t pass KYC due to regional restrictions or people who found out too late and didn’t believe in their chances to participate so they didn’t even bother joining the whitelist? I mean check out this organic website traffic we had during our IDO period:

Besides that, looking at our demographics report we can directly see 1k people who couldn’t participate:

2. $HYPE will have the spotlight as it kickstarts Kadena’s ecosystem.
Kaddex V1 has been around for some time now having only one pair: KDA/FLUX. In months like October or November it showed volumes of even $5 mil/month which is very impressive for a DEX with one pair on a blockchain that is yet to kickstart its ecosystem. All the users currently trading there will see a new pair: $KDA/$HYPE.

Besides that, Kaddex were nice enough to integrate X-Wallet into V1 even though V2 is just around the corner. Not only will Hypercent holders be able to import their wallet using the seed phrase, but the 10k users of X-Wallet will have the chance to use the wallet on Kaddex for the first time.
Shortly the whole Kadena ecosystem will have a first taste of swapping Kadena based tokens on a Dex using a chrome extension wallet.

3. When Kaddex V2 arrives, it's going to feel like a whole new listing

There are going to be multiple new features, new pairs, a new UX, Kadena based stablecoins, wrapped tokens from other blockchains and a lot of joint marketing push for the launch of V2 (from Hypercent, Kaddex, Kadena, etc). We will be up there in the featured section due to our partnership with Kaddex.

When listing?

The KDA/HYPE pair will start trading on Kaddex on April 15th at 15:00 CET

How to trade $HYPE on Kaddex?

1.Move HYPE to Chain 2

As Kaddex is running on Chain 2, please move all your HYPE from Chain 1 to Chain 2. For crosschain transactions please watch this video from the 2:50 timestamp.

After the crosschain transaction is finished and all your HYPE has been moved to chain 2 you now have two options of moving the funds to Kaddex:

Import your Hypercent seed phrase when creating an X-Wallet Account
Send all your HYPE to the X-Wallet address

This tutorial will cover the first and easiest method, as once the HYPE has been moved to Chain 2 the second option is self explanatory.

2. Download X-Wallet

Please make sure that you go to the correct link as you can see in the screenshot bellow.

Clicking the Download Wallet button will redirect you to the chrome extension page where you will actually download the extension.

3. Be mindful of Chrome Profiles

One thing to mention is that you cannot have multiple X-Wallet on the same chrome profile. That means that if you already have an X-Wallet account on your main chrome profile you won’t be able to import your Hyper Wallet via the seed phrase.

This has an easy fix. You can create a second chrome profile by clicking your profile button.

4. Import your Hypercent Seed Phrase

Now, you can share your Hyper Wallet with X-Wallet and they will act as one. Whatever you have in the Hyper Wallet will be available on the other side as well.

Click the extensions button, and open X-Wallet