> For the complete documentation index, see [llms.txt](https://hyperlynx.gitbook.io/hyperlynx-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hyperlynx.gitbook.io/hyperlynx-docs/lynx/tokenomics.md).

# Tokenomics

**$LYNX** is the Hyperlynx protocol token. It generates at TGE (\~Q4 2026). There is no token to buy before then — the only way in is by earning points in [The Hunt](broken://pages/dae99a8e97a4d11fc36696470bf3c03bdb8c6989).

## Supply & allocation

Total supply is **1,000,000,000 $LYNX**, allocated as:

| Allocation    | Share   | Purpose                                                 |
| ------------- | ------- | ------------------------------------------------------- |
| **Community** | **30%** | The Hunt airdrop — 300M $LYNX, committed.               |
| **Liquidity** | **40%** | Protocol-owned liquidity + future liquidity incentives. |
| **Team**      | **15%** | The builders.                                           |
| **Creator**   | **5%**  | Creators and partners who grow the pack.                |
| **Treasury**  | **10%** | Reserves and protocol operations.                       |

{% hint style="info" %}
**No VC allocation.** The largest single slice goes to the community via the airdrop.
{% endhint %}

## Two forms of the token

* **$LYNX** — the liquid token.
* **yLYNX** — staked $LYNX that earns the protocol's fee share and auto-compounds. See [yLYNX & staking](broken://pages/bae1fe548632b69c50ae561a7cc9e3aaede6ca4c).

## Where value comes from

Hyperlynx aspire to be a **fee machine**: trading generates swap fees, and those fees flow to the people who hold and stake $LYNX. The more the venue is used, the more fees flow. See [The fee machine](broken://pages/963dfe997652672f82bd42aa0bf79d4466e42f7d).

{% hint style="warning" %}
$LYNX does not exist yet and has no price until TGE. Anyone offering "$LYNX" for sale before then is not real. Nothing here is financial advice.
{% endhint %}


---

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