Docs

How launching works and how fees are paid.

Launching

You give a name, a ticker and a picture, then approve once. That approval creates the token, opens the pool and locks it. None of it can be changed afterwards.

1,000,000,000

Total supply, fixed

$3,840

Opening market cap

100%

Of the supply in the pool

≈0.23 SOL

Cost to launch. Network fees and account rent — pew.so takes none of it.

1

The token is created

The full supply is minted at once into a vault owned by the program. Mint and freeze authority are destroyed in the same transaction, so no more can ever be made and no wallet can be frozen. There is no team allocation and no pre-sale.

2

The pool opens, already locked

The whole supply goes into a Raydium pool, and the position is locked as it is created. There is no unlock — not after a year, not for you, not for pew.so. Nobody can withdraw the liquidity.

3

Trading starts

The launch ends with a buy worth about a tenth of a cent. Charts and aggregators ignore a pool that has never traded, and one trade of any size is enough to list it. After that the token is buyable from Jupiter like any other.

How the price moves

Nobody sets the price. It follows how much of the supply has been bought, and climbs faster the further it goes — the last tokens cost far more than the first.

Launch$3,840

Graduation$48,000

Graduation is 12.5× the launch price, at $48,000. Nothing happens there. The pool is a real Raydium pool from the first second, so there is no migration and no gate — the price keeps going.

Pairs

Every launch is priced against one of two assets. The choice decides how easily people can reach your token.

SPCX

Backpack's tokenized stock.

Buying an SPCX-priced token from SOL takes two steps, which pew.so does in one press. Most outside terminals cannot route it.

wSOL

Wrapped SOL.

One step from SOL, so aggregators, charts and terminals reach it normally.

Fees

Every trade pays 3%. Most of it goes back to the people holding the token. Launching one earns you nothing.

2.52%

Of every trade, back to the token. This is the part that gets paid out.

0.48%

Of every trade, to Raydium, the venue the pool sits on.

Where the 2.52% goes

When someone buys

The fee arrives in SPCX or SOL. Half is set aside for everyone holding the token, half goes to pew.so.

1.26%

Of everything bought, to holders.

When someone sells

The fee arrives in the token itself rather than in cash. It collects in the treasury, and we burn what has gathered there at intervals.

2.52%

Of everything sold, set aside to burn.

$100,000 of trading in a day, half of it buying: $630 shared out among holders, and 2.52% of the other half collected in the treasury to be burned.

What the creator gets

Nothing. Launching costs about 0.23 SOL and pays no revenue afterwards — there is no creator address anywhere in the payout. To earn from a token you launched, hold it. You are paid on the same terms as everybody else who holds it.

Claiming your share

Your share builds up on each token separately and stays there until you pull it. Nothing expires. Whoever signs the transaction pays for it, and the money still goes only to the wallet the share belongs to.

The first claim on a token costs about $0.50 in rent, for an account to receive the money and a small record of what you have already taken. Every claim after that on the same token is just the network fee. Below that, leave it to build.

Shares are worked out once an hour from who holds what. The figures are running totals rather than per-hour amounts, so a missed hour is covered by the next one.

What is guaranteed, and what is not

Fixed by the program

How much is set aside, and that it can only ever reach holders of that one token. It sits in the token's own vault. pew.so cannot spend it, take it back, or move it to another launch.

Decided by pew.so

How that amount is divided between holders, from the hourly snapshot pew.so signs. A wrong snapshot could divide one token's share pool wrongly. It could not change the size of it, reach another token's, or undo a claim already paid.

API

soon

Not live yet. It will be plain JSON, with no key.

GET /api/launches

Every launch, newest first or sorted by volume.

GET /api/launches/{mint}

One token: price, market cap, volume, position on the curve.

GET /api/launches/{mint}/holders/{address}

One holder's share of that token's fees, with the proof a claim needs.

GET /api/users/{address}

One wallet: what it launched and what it can claim.

Every number the API will return is already public on-chain.