> For the complete documentation index, see [llms.txt](https://hello-fun-1.gitbook.io/hello.fun-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hello-fun-1.gitbook.io/hello.fun-docs/explore-and-trading/explore-hello.fun.md).

# Explore Hello.Fun

Explore is where users discover and follow tokens launched through Hello.Fun.

Market information is built from indexed onchain activity, giving users a view of launches, trading activity and market data across the platform.

As Hello.Fun expands, discovery will also become part of the HELLO Intelligence experience, helping users move beyond simply finding tokens toward understanding what is happening around them.

### Discover Tokens

Explore provides several ways to find Hello.Fun launches.

Users can:

* Browse new launches
* View trending tokens
* Search for a token

```mermaid
flowchart TD
    A["Explore Hello.Fun"] --> B["Trending"]
    A --> C["New"]
    A --> D["Search"]
    B --> E["Token Page"]
    C --> E
    D --> E
```

Each result can lead into the individual token page for deeper market information and trading.

### Real Onchain Market Data

Hello.Fun market information is derived from activity indexed from Robinhood Chain.

The platform tracks launch and trading events and processes them into the data displayed across Explore and token pages.

```mermaid
flowchart LR
    A["Robinhood Chain"] --> B["Onchain Events"]
    B --> C["Hello.Fun Indexer"]
    C --> D["Market Data"]
    D --> E["Explore"]
    D --> F["Token Pages"]
```

The displayed market activity is based on indexed blockchain data rather than manually entered market figures.

### Market Information

Depending on the launch and its current market stage, Hello.Fun can display information including:

* Price
* Market capitalization
* Trading volume
* Holder information
* Transactions
* Charts
* Pair information

This allows users to evaluate a token from more than a single price figure.

### Before and After Graduation

Hello.Fun follows a token through both stages of its market.

Before graduation, market information is derived from the bonding curve.

After graduation, market information reflects the graduated Uniswap v4 market.

```mermaid
flowchart TD
    A["Token Market"] --> B{"Current Stage"}
    B -->|"Before Graduation"| C["Bonding Curve Data"]
    B -->|"After Graduation"| D["Uniswap v4 Data"]
    C --> E["Hello.Fun Market Data"]
    D --> E
```

The token page continues as the market moves from one stage to the next.

### 24 Hour Volume

Hello.Fun tracks rolling 24 hour trading volume.

For a token that has moved through graduation, volume can reflect indexed trading activity from both the bonding curve and the graduated market within the relevant period.

This provides continuity as the token moves between market stages.

### Price and Market Cap

Before graduation, token pricing is derived from the bonding curve state.

After graduation, pricing is derived from the Uniswap v4 market.

Market cap is then calculated using the token supply and current price.

```mermaid
flowchart LR
    A["Current Price"] --> C["Market Cap"]
    B["Token Supply"] --> C
```

Hello.Fun launch tokens use a fixed total supply of **1,000,000,000 tokens**.

### USD Display Values

Hello.Fun can display market values in USD for easier comparison.

For ETH based values, the platform uses an ETH to USD price feed for display conversion.

The USD conversion is used for displaying market information.

It does not determine the underlying onchain execution of the token's market.

### Token Information

Explore also connects indexed market activity with the token information established at launch.

This can include:

* Token name
* Token symbol
* Token image
* Description
* Pairing asset
* Available project links

This gives users both market context and project information in one place.

### Search

Search allows users to locate a specific Hello.Fun token rather than browsing the broader market.

From the search result, users can open the token page and review its current market information.

```mermaid
flowchart LR
    A["Search"] --> B["Find Token"]
    B --> C["Open Token Page"]
    C --> D["Review Market"]
    C --> E["Trade"]
```

### Trending and New

The Explore experience also provides dedicated ways to discover launches through Trending and New views.

New helps users find recent launches.

Trending surfaces tokens through the platform's market discovery experience.

These views provide different ways to move through the growing Hello.Fun market.

### Intelligent Discovery

HELLO Intelligence is designed to expand discovery beyond lists, search and raw market figures.

Upcoming intelligence products will introduce new ways to discover opportunities, analyze tokens, follow meaningful activity and understand the wider story around a project.

This includes intelligence across areas such as token analysis, market signals, project activity and emerging opportunities.

These capabilities complement Explore rather than replace it.

Explore remains the place to move through the Hello.Fun market, while HELLO Intelligence adds deeper ways to understand what users discover.

The dedicated HELLO Intelligence section covers each product and its availability in detail.

### Pair Discovery

As Hello.Fun expands its supported pairing assets, Explore is designed to support discovery around different pair markets.

ETH is currently the live pairing asset.

Additional pair categories form part of the broader Hello.Fun expansion and are covered in the What’s Next section.

### From Discovery to Market

Explore connects discovery directly with each token's market.

```mermaid
flowchart LR
    A["Discover"] --> B["Token Page"]
    B --> C["Review Market Data"]
    C --> D["Prepare Trade"]
    D --> E["Sign With Wallet"]
```

Users can discover a launch, understand its market and move into trading from the same Hello.Fun ecosystem.

**Discover → Explore → Understand → Trade**


---

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