Add Liquidity on Elysium: Uniswap Deposits and Position Top-Ups

Cost to add liquidity on Elysium, paid in HYPE

Adding liquidity on Elysium costs a 0.15 HYPE Tokenry fee plus gas in HYPE. The tokens you deposit go into the pool and are not a fee.

Tokenry fee: flat at any deposit size, paid inside the deposit transaction.

Gas: paid in HYPE to the Elysium network for each transaction (Kinetiq's fee docs).

The review estimates the deposit's gas. Any approval adds its own gas, and your wallet shows the final gas cost.

MAX on the HYPE side keeps back the Tokenry fee and gas.

If a deposit fails on-chain, Tokenry keeps no fee, but the gas is spent.

Add to a Uniswap v2, v3 or v4 pool on Elysium: what you receive

On Elysium, Uniswap v2 takes your deposit at the pool's current ratio, and the Elysium add tool shows your share of the pool before you sign. You receive UNI-V2 LP tokens, an ERC-20, which join any LP tokens already in your wallet.

On v3 and v4, a new position gives you a position NFT, and a top-up joins the position you hold.

The two amounts follow the pool's price and, on v3 and v4, the range, so the split is not a fixed 50/50.

To take liquidity out later, remove liquidity on Elysium.

Pick the correct token and pool on Elysium

With your wallet connected, your pools in the Elysium add tool can include v2 pairs you hold LP tokens of and your v3 and v4 positions. You need no position ID.

A pasted token is searched against its HYPE and USDC pools on Uniswap v2, v3 and the standard v4 pools without hooks, plus pools opened with Tokenry's pool creator. If a token has several pools, you pick one.

A v4 pool has no address to paste, so you reach it through a token search or a position you hold. A v2 or v3 pool against another token opens from its pool address.

Add a token that takes a tax to its v2 pool with HYPE.

Check the token by its address, not its ticker. Kinetiq's contract addresses name WHYPE and USDC as the canonical tokens and warn that look-alikes exist.

HYPE and WHYPE in an Elysium pool

Uniswap v2 and v3 HYPE pools on Elysium hold WHYPE, but you deposit HYPE, and the add tool wraps it into WHYPE in the deposit transaction. On v4, the HYPE pool takes native HYPE, and a separate v4 pool paired with WHYPE takes WHYPE. Unused HYPE comes back in the same transaction.

Top up your v3 or v4 position on Elysium, or open a new range

On Elysium, a v3 or v4 top-up keeps the price range of the position you hold.

A different range needs "New position". The range is full by default, or custom between a min and max price that the tool sets to the nearest prices the pool allows. The deposit earns fees only while the current price stays inside the range.

If your position in the pool is locked or burned, add through a new position in the same pool.

On v3, a top-up leaves the position's earned fees in place. On v4, earned fees count toward your deposit, and any surplus comes back to your wallet in the same transaction. You do not need to claim first. To take earned fees without removing liquidity, claim pool fees on Elysium.

Approvals and the check before an Elysium deposit

HYPE needs no approval on Elysium, but each ERC-20 side of a deposit may need one. Where it can, the tool asks you to sign an approval message, as with tokens from Tokenry's token creator. Otherwise you send an approve transaction. Approvals cover only what the deposit can use, never an unlimited amount.

A v4 top-up also signs one message to use your position NFT, which comes back in the same transaction.

When Tokenry's check before you sign finds a problem, a warning says the transaction will probably fail and still cost gas, but you can send it.

Slippage tolerance is 0.5%, 1% or 2%, with 1% as the default. If the pool price moves past it, the deposit reverts. A deposit swaps nothing and does not move the pool price.

Impermanent loss and trading fees for Elysium liquidity providers

When you provide liquidity on Elysium with the add tool, your share takes part in the pool's Uniswap trading fees. On v2, the 0.3% swap fee is added to the pool reserves. On v3 and v4, fees go to each position by its share and are collected separately (Uniswap's fee docs). What a position earns depends on trading in the pool.

One risk is impermanent loss. When token prices move away from where they were when you added, your share can lose value compared with holding the tokens. Uniswap says a concentrated price range raises the chance of it.