How it works

Trading

Buying and selling on the curve is instant and permissionless. Here is how to read the panel, set slippage sensibly, and understand the chart and the King of the Hill.

Buying and selling on the curve

Open any token and use the trade panel. Choose Buy to spend ETH for tokens or Sell to return tokens for ETH. The quote you see comes straight from the bonding-curve math at the current reserves, with the 1% fee already applied.

  1. Pick a side and enter an amount — ETH in for a buy, tokens in for a sell.
  2. Review the estimate: tokens (or ETH) out, the price impact, and the 1% fee. Larger orders move the price more, so the estimate accounts for your own impact.
  3. Set your slippage tolerance, then confirm in your wallet.

Slippage

Because the curve moves with every trade, the price can shift between the moment you sign and the moment your transaction lands. Slippage tolerance is the maximum adverse move you'll accept; if the real fill would be worse than that, the transaction reverts instead of filling at a bad price.

  • Calm token, small order: a tight tolerance (e.g. 1–2%) is fine and protects you.
  • Hot launch or large order: loosen it, or the transaction may revert as other buys land ahead of yours.
  • Remember the 0.02 ETH anti-snipe rule: in the first 2 minutes no single buy can exceed 10% of supply, so split very large early buys.

Set slippage deliberately

A very high tolerance lets your trade fill even after a big price move — convenient on a fast curve, but it also removes your protection. Use the smallest tolerance that reliably lets your order through.

Reading the chart

The price chart plots the curve price over time from on-chain Trade events. Each candle summarises the open, high, low, and close for its interval, so you can see momentum and where buys and sells clustered.

  • Green is used strictly for the accent and buys; red marks sells and negative moves.
  • The progress bar shows how close the token is to graduation — how much of the 800,000,000 curve supply has sold.
  • The trades feed lists recent buys and sells in real time, so you can gauge activity before you size an order.

King of the Hill

King of the Hill highlights the token with the most momentum right now — the one climbing its curve fastest. It is the launchpad's spotlight: a quick way to spot what the market is piling into before it graduates. Being crowned KOTH is purely a visibility boost; it changes none of the token's mechanics or fees.

Every trade earns points

Both buys and sells earn Outlaw Points, and buys of a token that later graduates count double. The volume you trade here is what sizes your weekly ETH payout.