Fair launches on a bonding curve
Every coin starts on the same Meteora config: a price that moves with demand, an anti-sniper opening fee, and graduation to a locked pool at 85 SOL.
A price that moves with demand
There is no order book to fill and no market maker to wait for. Each buy moves the price up the curve and each sell moves it down.
Early buyers pay less because less of the curve is sold
You can always buy or sell against the curve itself
Drag the slider to see price, market cap and progress move
When the curve fills, the coin graduates
Graduation is automatic: Meteora moves the coin as soon as the curve fills. Nobody has to approve it and nobody can stop it.
01
The curve fills
Once enough of the curve is sold, the coin reaches its graduation point.
02
Liquidity moves
The raised SOL and the held supply open a Meteora DAMM v2 pool, with its liquidity locked forever.
03
Open market
The curve closes for good. The coin now trades on the open market like any other.
Simple fees, shared with creators
One fee on trades, shared with each coin’s creator. Meteora keeps its protocol share.
Action
Fee
Who it goes to
Create a coin
Rent only
Solana
Trade on the curve
1% (25% at open, 1% after 3 min)
Creator, Gavel, Meteora
Creator share
Half of the fee after Meteora
The coin’s creator
Graduation
No fee
Nobody
Gavel’s real fees
Presale launch vs fair launch
Why every coin on Gavel starts on a curve.
Presale launch
Fair launch
Who buys first
Insiders, at a discount
Everyone, at the same price
Team allocation
Often a large share
None
Price discovery
Set by the team
Set by the curve
Liquidity
Added later, if at all
Added at graduation
Supply
Can change after launch
Fixed at launch
Funds use the same rules, pooled
A fund raises for a set window, then its manager trades the pool on the board. When the fund expires, the pool returns to members by share.
If the raise target is missed, deposits are returned
The manager cannot withdraw the pool
Funds can lose value; results are not promised
Built into every launch
These rules live in Gavel’s Meteora config on chain, so no creator can switch them off, and neither can we.
Public by default
Every trade, holder and creator wallet is visible on the board and on chain.
Locked liquidity
At graduation the pool’s liquidity is locked forever. Nobody can pull it, us included.
Creator policy
Coins that impersonate people or brands, or promise returns, are hidden from the board.
Contracts, reviewed
Gavel runs on Meteora’s audited programs. The reports are public.
Public report
Bonding curve (Meteora DBC)
Pricing, buys, sells and fees on the curve.
Auditor: Offside Labs
Public report
Graduation pool (Meteora DAMM v2)
The locked pool every coin graduates to.
Auditors: Zenith, Offside Labs, OtterSec
Public report
Gavel’s config
The rules on this page, readable by anyone on chain.
Set once, never changed
Most coins lose value
Digital assets are highly speculative and may lose all value
Coins are created by users. Gavel does not issue or endorse them
Prices can move sharply in minutes. Only use money you can afford to lose
Nothing on this site is investment, legal or tax advice
Curve questions
Can a coin graduate twice?
No. Graduation happens once. After that the curve is closed and the coin trades on the open market.
What happens if nobody buys?
Can the creator sell?
Are the numbers on this page real?
Ready to try the curve?
Launch a coin in a minute, or watch the board first.