How it works

Pick a coin. Launch yours against it. Every trade pays out in that coin.

Everywhere else your coin is priced in SOL or in whatever a short approved list allows. Here it can be almost any coin with a real market.

  1. Pick a coin to launch against

    Almost any coin with a real market, today. No listing queue and no approvals.

    That coin becomes your og coin — the one your coin is priced in and the one your holders get paid in. Your coin launches on one of two programs:

    • MeteoraAlmost every coin with a real market. No list to get onto.
    • RaydiumThe coins Raydium lists, including tax coins and tokenised stocks Meteora can’t take.

    Where both can take your coin, you choose; Meteora is the default. A tax coin's tax is paid on every buy of your coin and every reward paid in it.

    In practice: at least $1,000 of liquidity and a trade in the last 24 hours — enough to price a curve against, and enough that the pool your coin graduates into is worth trading.

    It can't be a coin that:

    • is still on its launchpad's bonding curve — it can be once it graduates
    • lets its issuer freeze wallets, which could lock the coin inside your pool (USDC and real-world assets aside)
    • charges a tax on every transfer, unless Raydium lists it
    • uses token features Meteora only takes with its approval, unless Raydium lists it

    A coin that never went through a launchpad curve needs Jupiter's verification or a place on our own list — or, for a real-world asset, a Raydium listing. Search a coin's address and it tells you which rule it missed.

  2. Your coin is priced in that coin

    Buys and sells happen in the og coin, so your chart is denominated in it rather than in dollars.

    Up means up against the coin you paired with, not up against SOL.

    You can still buy with SOL: the swap routes it through the og coin for you, so nobody has to hold the og coin first.

  3. Holders earn the og coin, automatically

    0.2% of every trade goes to your holders, paid in the og coin. No staking, no claiming, no minimum holding.

    • Every trade pays1.25%
    • Your holders0.2%
    • You, the creator0.3%
    • Meteora or Raydium0.25%
    • This platform0.5%

    It is paid in rounds, not trade by trade: as often as every 15 minutes for a busy coin, less often for a quiet one. A share too small to be worth sending is carried into the next round — never dropped.

    You can give your own share to your holders too, which makes theirs 0.5%. That choice is made at launch and cannot be changed afterwards.

  4. The coin you pair with gets something out of it

    Every launch against a coin is a reason to hold it — and your holders are paid in it, so pair with a memecoin and their share stays in memecoins instead of draining out of the trenches.

    Every buy of your coin puts theirs into your curve, and your holders are paid in it. A community can point at one page and see everything launched against its coin.

    The creator is paid in it too. Our own share is sold for SOL to pay for running the site.

  5. When it graduates

    Your coin fills its curve and moves to a trading pool automatically, on the program it launched on. On Meteora it keeps paying its holders in the same coin.

    Meteora's pool charges 1% rather than 1.25%, and holders still get 0.2% of every trade — the smaller fee comes out of everyone else's share. If you gave your share to your holders, theirs is 0.384% after graduation.

  6. What it costs

    0.02 SOL to create the launch, and the trading fee above. Nothing recurring.

    On top of that, Solana itself charges rent for the accounts a new coin needs and a network fee per transaction. On Meteora it all comes to well under 0.05 SOL. Any opening buy is yours to choose, and is extra.