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Launchpads

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  • Reading a token page
  • Locks & the bundler
  • Referrals
  • Coin flip
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Reading a token page

A token page is designed to answer, at a glance, the three questions that matter: what is this, what phase is it in, and what rules did it launch under. This page decodes every element.

The header#

  • Name, ticker, artwork - with the token's chain mark beside the ticker. Two tokens on two chains can share a ticker, so a ticker never appears in the app without its venue.
  • The contract address, truncated, copyable, linking to the chain explorer. When in doubt about an impersonator, the address is the identity; the name is just a label.
  • The state pill - Bonding, Filled, or Graduated (see below).
  • Lock badge - if supply is locked or vesting in the degen.zone locker, a badge like “12% locked until 12 Mar 2027” appears here. No badge means nothing is locked; the app never renders an empty locks panel to imply otherwise.
  • The creator's description - free text from the launch, shown in a band directly under the header. Long text clamps to two lines with an expand; when the creator wrote nothing, no band renders. It is the creator's own words - unverified, not data.

The three states#

StateMeaningYou can
BondingTrading on the curve; the progress meter shows % of the graduation target raised.Buy and sell against the curve
FilledThe curve completed; the graduation keeper is about to run (usually minutes).Wait - trading resumes on the DEX shortly
GraduatedLiquidity is locked in the DEX pool; the token is a free-floating, ownerless ERC-20.Trade on Uniswap via the panel’s link

A fourth state, Recovered, exists for the rare failed-graduation recovery and is labelled as such rather than dressed up as a graduation.

Chart & benchmark#

Candles are built from every indexed trade, from the very first curve buy, at intervals from 1m to 1d. Two benchmark figures ride along:

  • 24h - the token's own move against its price 24 hours ago.
  • vs SPY - that move minus SPY's move over the same window, computed from the live Chainlink feed. Unique to this platform; a dash means one of the inputs is genuinely unknown (young token, closed data), never zero-filled. See Tokenized equities.

Trades & holders#

  • Trades - the live tape of buys and sells with wallet, amount and price; new trades stream in over the socket.
  • Holders - current balances with each wallet's share of supply. The launchpad's own holding (the unsold curve reserve, pre-graduation) is part of the picture, not hidden from it.

The token's economics, disclosed#

Everything a launch fixed forever is readable on its page - this is the other half of the immutability story:

  • the swap fee the creator set (what every trade costs you);
  • the fee routing - whether creator fees are claimed, burned into buybacks, paid to stakers, or (when live) converted to stock, so “this memecoin pays its stakers in AAPL” is visible before you buy;
  • the anti-sniper setting and dev-buy amounts from the launch event;
  • the staking pool, when the token routes fees to stakers - stake, unstake and claim from the token page;
  • bundle disclosure - supply bought through the transparent bundler is permanently recorded on-chain and surfaced, not left for scanners to guess at.

How tokens get ranked#

The home page's King of the Hill spotlights the hottest still-bonding token, and the Trending rail sorts by a published “hotness” score: recent volume (weighted toward the last hour), decayed by time since the last buy, plus small terms for trade count and holder count.

Ranking is not endorsement

Hotness measures attention, not quality. A trending token can still go to zero - and most curve tokens do.

On this page
  • The header
  • The three states
  • Chart & benchmark
  • Trades & holders
  • The token’s economics, disclosed
  • How tokens get ranked
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Not answered here? Write to team@degen.zone. Include the chain, the token address and the transaction hash where there is one.