Trading on the launchpad
Every launch has its own page with a price chart, holders, recent trades, and a trade panel. The panel is the one place where you see the numbers before you commit.
Finding a token
- The launchpad lists every launch, filtered by Trending, New or Graduated.
- Search by name or ticker.
- Each card opens the token's own page.
The trade panel
- Switch between Buy and Sell, and enter an amount or use a quick-amount button.
- It shows the estimated amount you receive, the current price, the 1 percent trade fee, the paired asset and the settlement network.
- The estimate follows the curve at that moment and can move before your transaction confirms.
Why selling asks for two signatures
Selling means the contract has to pull your tokens, and an ERC20 contract cannot do that until you allow it. So a sell is always two transactions: an approval, then the sell itself. Each one pays its own network fee.
| Action | Transactions |
|---|---|
| Buy, paired against native ETH | One: the ETH goes with the buy itself |
| Buy, paired against a token | Two: approve the paired token, then buy |
| Sell | Two: approve the launch token, then sell |
Note
This is why a small sell can feel expensive: the network fee is roughly fixed per transaction, so on a trade worth a few cents the fees dominate regardless of the amount.
After graduation
Once a launch graduates, the same panel trades against its Uniswap v4 pool instead of the curve. While the liquidity is still being moved into that pool, the panel shows that curve trading is closed and no trade can be placed.
If you are the creator
The token page also shows your accrued developer share of the trading fees, with a button to claim it. It accrues on the contract until you do.