Meteora bonding curve graduating to DAMM v2 - or pair against a listed asset and launch straight into a Raydium CLMM pool, no curve at all. pump.fun launches ride the same flow on pump’s own curve.
A deterministic price function. The entire supply starts inside the launchpad; each buy moves the price up the curve, each sell moves it down. No LP to seed, no order book - tradeable from block one.
