No market has opened on chain … yet.
A coin's market opens on its Ascend launch pool at half the caps once that pool shows 100 HYPE of depth on its HYPE side. A coin with its own ElyPerps pool gets full caps after 24 hours at 100 HYPE.
Open the first marketInsurance vault: … HYPE. Skew it backs: … HYPE per market.
Past the backed skew, opens on the heavy side wait in a queue for the other side.
Marks and funding keep moving with the pool either way.