Curve complete is a state. Migration is the next step.
The curve ends at the configured net quote reserve, then liquidity moves to a DAMM v2 market for the same token.
Reviewed September 16, 2026 · Casa v0.3.0 · Current Launchpad mainnet presets. Release notes
the first trade.BUY SELL
Mechanism illustration · no price forecast
Curve complete.
Migration pending.
Read the state precisely
| State | Meaning |
|---|---|
| Trading on curve | Buys and sells affect reserve and curve price. |
| Curve complete | The configured net reserve threshold has been reached. |
| Migration pending | Pool creation or migration is not yet complete; trading may be unavailable. |
| Graduated | The DAMM v2 market is ready and the same mint continues trading. |
| Legacy v1 | An existing market follows its own Raydium route, outside this sequence. |
Amounts at migration
The initial token allocation is approximately 80% to curve trading and 20% to migration. The migration protocol deducts 0.2% from both base and quote, subject to exact on-chain amounts and rounding. For illustration, 15,000 CAPX and 200,000,000 base tokens become about 14,970 CAPX and 199,600,000 tokens after that deduction. This illustration is not a guarantee of the exact pool balances.
Holder and creator actions
Holders keep their existing token mint and balances; migration does not require a replacement-token claim. The initial creator and Capx liquidity positions are permanently locked. The pool can still charge trading fees and expose fee rights. Additional liquidity and future trades change market conditions.
No fixed graduation or migration time is promised. Confirmation, network conditions and venue execution can delay the transition. Use the token’s current state and transaction links; never send a manual transfer to someone offering to accelerate migration.