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montra

Coming soon

Montra Listings

Tokens not native to Elysium, landed liquid: a market made by a professional market maker, its liquidity in place when trading opens, so a project doesn't have to do it alone.

  1. Bridge: Your token crosses from its home chain, any chain, with a bridge partner, one for one.
  2. Seed: Montra and the market maker place liquidity, deepest at the price, before trading opens.
  3. Trade: Trading opens, and swaps move the price a little either way, in line with home.
Figure 1. A listing's route, all in one: a token from any chain (the six are examples) crosses with a bridge partner onto Elysium, where its Uniswap v4 market is seeded with liquidity positions deepest at the price, opens, and goes live, each swap moving the price a step around home's. Illustrative: the prices, sizes and volume too.

What it is

Montra Listings gives tokens that aren't native to Elysium access to its ecosystem, professionally handled and landing liquid.

With Montra Listings, the project has the inventory and strikes up a market-making deal with Acheron Trading, a professional market maker Montra works closely with. Montra does the rest: the listing, the market and its opening, the trading interface, discovery and routes. The market opens with the market maker's liquidity already in place.

Why Montra Listings

One chain, one community
Tokens and their communities each live on one chain, and people rarely move between chains. A token wants to be found everywhere.
A relaunch isn't the token
Launching again on a new chain loses the holders, the market cap and the history. It's a reskin, not the token.
A bridge brings a copy, not a market
Bridging gives an official copy but no market. A market needs tokens to sell (inventory), liquidity at the prices around it (depth) and a price kept close to home: if it drifts, traders buy cheap on one chain and sell dear on the other (arbitrage), at the market's expense. Done well, that's a professional's job.
On your own
A team going it alone is left with a Uniswap pool on its own: nobody finds it, it's thin, and its price drifts.

Montra Listings is the one-stop shop. It gives the token distribution on Elysium (the Montra Listings category, discovery on Montra and routing that brings traders to it), a professionally managed market (the market maker places the liquidity before trading opens and keeps the price in line with home), and bridging done properly: the token arrives as its official, one-for-one version over an existing bridge, with bridge partners, and Montra checks the route without building the bridge itself. The project brings the inventory; Montra does the hard part, and the project earns a share of the trading fee.

On your own, or with Montra Listings

On your own

With Montra Listings

Your token on its home chain

Where it and its community already are.

From any chain

Wherever your token lives, over a route Montra has checked.

Which bridge?

Several options, no guidance, and no expertise to judge them.

A bridge partner

One proper route, carrying it across one for one.

On Elysium, nothing to trade

You arrive, but there's no market for it.

A deep market

Montra and the market maker build it before trading opens: concentrated liquidity, deepest at the price.

A pool on its own

Thin liquidity, one pool lost among many, with no distribution and nothing that brings traders to it.

Listed in Montra Listings

In the Montra Listings category, found on Montra, with routes that bring traders to it.

The price drifts from home

Home$1.00Elysium$0.71IlliquidWide spreadillustrative

The price tracks home

Home$1.00Elysium$1.00LiquidTrading normallyillustrative

Illustrative: the prices are examples, not live markets.

Figure 2. The same five moments, on your own and with Montra Listings: the token at home, the bridge, arriving on Elysium, the market and who finds it, and the price. Illustrative: the prices are examples.

What matters

Distribution
On your ownA pool nobody finds
With Montra ListingsThe Montra Listings category, discovery and routes on Elysium
The market
On your ownThin, and the project's to build and run
With Montra ListingsLiquidity a professional market maker places before trading opens, deepest at the price
Price alignment
On your ownDrifts from home, and bleeds to arbitrage
With Montra ListingsKept in line with the home market by the market maker
Effort
On your ownInventory, market making, bridging and promotion, all the project's
With Montra ListingsThe project brings the inventory and agrees terms with the market maker; its token comes over an existing bridge, and Montra does the rest

Two kinds, one shape

Arrival
A token from another chain, as its official representation on Elysium.
Native listing
An Elysium project's existing token, given a Montra market.

Both are listed the same way, under one label of their own: Montra Listings, apart from standard Montra tokens and from Montra Partner, because a listed token makes different promises.

Is it the same token?

Yes. A token arriving from another chain isn't a relaunch: it's the project's own token. It already exists on its home chain (Ethereum, Base, Solana, HyperEVM or another) and reaches Elysium as its official representation. It has its own address on Elysium, but each one on Elysium matches one taken out of circulation on the chain it left, and holders can bridge it back. Its supply is kept whole one of two ways:

  • Lock and mint: the originals are locked on the chain it leaves, and the same amount is minted on Elysium. This is Elysium's own official bridge, its canonical bridge, from HyperEVM.
  • Burn and mint: burned on one chain as the same amount is minted on the other, as an issuer's own multichain token does (a LayerZero OFT or a Wormhole NTT, for example).

Elysium's door today is its canonical bridge from HyperEVM, so a token on another chain needs an official route to HyperEVM first; more bridges are added as they come to Elysium. Montra doesn't build bridges: each bridge is a route Montra checks and switches on, with bridge partners. A token already on Elysium isn't bridged at all.

Who does what

The project
Brings the token and the inventory, agrees terms with the market maker, and accepts the listing itself.
The market maker
Runs the liquidity: places it, moves it, and keeps the price in line with the home market.
Montra
Provides the venue: the listing, the market and its opening, the trading interface, discovery and routing. It never builds the bridge, and never holds the liquidity, which belongs to the market maker or the project.

How a listing goes

  1. Approval
    Montra approves the listing.
  2. Acceptance
    The project accepts it itself. That creates the token's Uniswap v4 market, closed: nobody can trade it while the liquidity goes in.
  3. The liquidity
    While the market is closed, the market maker places its liquidity: offers above the price, bids below it.
  4. The opening
    Trading opens at the set time, at least ten minutes and at most seven days after acceptance, and not before, with the liquidity already in place.

What traders can rely on

The listing contracts enforce these:

  • Every listed market is approved by Montra and accepted by the project itself.
  • A market opens at its set time and not before.
  • Nobody can block a deposit or a withdrawal of liquidity, Montra included. The market maker can always take its liquidity out: before the opening, while trading, or after the market is retired. Depth is never guaranteed.
  • Fees are charged in the quote asset (HYPE first), each way. They never rise; the project can only lower them.
  • Every trade fills in full or not at all: none fills part of its size and leaves the price somewhere nobody paid for.
  • A listing can be retired if its token stops being what was listed, for example if a bridge fails. Trading then stops for good, but liquidity and earned fees still come out.

What a listed token is

  • Montra didn't mint it. Its supply lives on its home chain, and more can arrive through the bridge.
  • Its price follows its home market, kept in line by the market maker and by arbitrage.
  • Its page shows its home chain, the route it came by, who can mint it on Elysium, its fees each way, and when its market opens.

Every listed token is recorded in the Montra umbrella, the registry Montra Partner shares, under its own family, Montra Listings: a terminal that reads the umbrella once sees every listing. The registry, the listing contracts and their addresses are published with the product.

For projects

You bring
Your token, inventory for the market maker, and a deal with the market maker.
Montra does
The listing, the market, the opening, the interface, discovery and routes.
You get
A liquid Elysium market from its opening, a share of the trading fee in that market, and Montra's distribution to Elysium's traders.

Where it stands

Montra Listings is coming soon.

For integrators

Terminals, wallets and apps can build on the pools without asking anyone: start with Build on Montra, Contract reference and Public API.

A product that brings launches earns a share of their fees: the Builder programme.

To talk to the team: @MontraXYZ on X.

For AI tools

Every page as Markdown in llms.txt, and all of it in one file at llms-full.txt.