Launchpad

Live curve trading, then a continuing market.

New launches use Meteora Dynamic Bonding Curve on Solana mainnet and migrate to Meteora DAMM v2 after the configured net-reserve target is reached.

Reviewed September 16, 2026 · Casa v0.3.0 · Current Launchpad mainnet presets. Release notes

CAPX LAUNCHPADMARKET LIFECYCLE
01 / BONDING CURVEMETEORA DBC
A market from
the first trade.
BUY SELL
TOKEN PRICE
NET RESERVETARGET

Mechanism illustration · no price forecast

02 / TRANSITION
Reserve met.

Curve complete.
Migration pending.

03 / CONTINUING MARKETDAMM v2
Same token mint
Initial liquidity locked
DEFAULT TARGET15,000 CAPX
ELIGIBLE PAYMENT TOKEN50,000,000 units
NET RESERVE, AFTER FEESBuy and sell on the curve.

Current launch parameters

ParameterCurrent preset
Base token1,000,000,000 Token-2022 units, six decimals; capx mint suffix.
Token allocationApproximately 80% curve / 20% migration, subject to rounding and migration deductions.
Creator allocationNo free creator or team allocation. Optional Dev Buy purchases under normal trading conditions.
CAPX payment-token target15,000 CAPX net reserve.
Eligible custom payment-token target50,000,000 selected-token units net reserve.
Curve fee0.25%, collected in the payment token.
Extra interface fee0 basis points in the reviewed runtime; venue fees still apply.
Initial migrated liquidity50% creator / 50% Capx; both permanently locked.
Migration deduction0.2% protocol deduction on base and quote; no additional Capx migration fee.
LAUNCHPAD / ECONOMICSSupply, liquidity and fees have different denominators
  1. TOKEN SUPPLY

    About 80% / 20%

    One billion tokens: approximately 800M on the curve and 200M for migration, before rounding and deductions. No free team tranche.

  2. INITIAL LIQUIDITY

    50% creator / 50% Capx

    Both initial liquidity positions are permanently locked. Fee rights remain; later liquidity can dilute fee participation.

  3. CURVE TRADING FEE

    0.25% of the trade

    Of the collected fee: 20% Meteora, 40% creator, 40% Capx. Collected in the payment token.

These percentages do not give token holders a company ownership right or a right to creator fees. Migration has a separate 0.2% protocol deduction on base and quote.

Reserve, timing and migration

Buys add net quote reserve after fees. Sells reduce it. Fees are not part of the graduation target, and a target is not a time window or a market-cap target. A final buy may partially fill at the threshold. Curve completion can precede successful pool migration; the interface must show migration pending until the DAMM v2 market is ready. Holders keep the same mint and do not claim replacement tokens.

Creation cost

The reviewed runtime estimates 0.045 SOL to create a launch, including a 0.03 SOL migration reserve. These are estimates, not permanent flat prices; use the current launch quote. A first-use custom payment token may require a separate configuration transaction and rent. An optional Dev Buy and wallet/network costs are additional as shown before signing.

Fees after graduation

The reviewed DAMM v2 preset starts at 0.10%, decays to a 0.01% floor with a one-second expiration setting, and has dynamic fees disabled. The current quote and pool state determine the fee you actually pay. Fee rights are separate from the lock on initial liquidity principal.

Legacy markets

Supported successful Launchpad v1 tokens remain on their existing Raydium CLMM route and use the external Jupiter trading action. Do not apply new curve targets or the new allocation model retrospectively. The canonical CAPX/SOL market also remains Raydium CLMM.