Fixed Price Fair Launch

When a coin is flaunched it enters into a period called the Fixed Price Fair Launch. During this period a set number of coins are available to buy at a fixed price for everyone. This levels the playing field for all traders—from degens to bots.

While a Fair Launch is active, coins that are purchased cannot be sold. However, when the Fair Launch period is over, all purchased coins can be sold at the same price they were bought for (minus fees). This reduces the risk of ape’ing into a meme and gives early supporters a chance to enter before price discovery kicks in.

Creators can choose how much of the 1,000,000,000 coin supply goes into Fair Launch. By default this amount is set to 10% (100,000,000).

What is a pre-mine?

Creators have the option to buy up some of their Fair Launch tokens before they become available to the public (and at the same price). This gives creators the flexibility to ensure they have skin in the game or to use these early coins for distribution later on.

You can read more about the technical details of the Uniswap V4 hook that powers this process here.