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Everything about launching on Lumen: what happens when you press the button, what each rule does, and how a token graduates.

1

How launching works

  1. Step 1
    Fill in your token

    Name, symbol, description and a logo. The logo and details are saved by Lumen and linked from the token, so wallets and explorers show them.

  2. Step 2
    Pick one rule

    Choose a transfer rule (or none). It's written into the token itself using Solana's Token-2022 transfer hooks.

  3. Step 3
    Approve twice

    Your wallet asks for two approvals: one creates the curve settings with your rule, the second creates the token and its trading pool.

  4. Step 4
    Trade on the curve

    The token is live on a Meteora bonding curve right away and appears on the Launches page for everyone.

Every launch gets
  • • 1,000,000,000 fixed supply, 6 decimals
  • • Token-2022 standard
  • • Mint and freeze authority removed
  • • SOL as the trading pair
  • • 1% trading fee on the curve
  • • Liquidity locked at graduation
2

The rules

Live rules are built into the Meteora pool itself, so buying and selling always works. Sniper Fee Cap is live today; the transfer rules marked "Coming soon" arrive after launch with Lumen's own rule programs.

Sniper Fee Cap

80% fee in the launch block, dropping fast.

Built into the Meteora pool: trades in the launch block pay an 80% fee that roughly halves every block. Bots buying instantly pay the most; normal buyers a few seconds later pay the regular 1%.

Block 1 (launch)
80% fee
Block 2
~39% fee
Block 3
~19% fee
Blocks 4–6
~9% → ~4% → ~2%
From block 7
Normal 1% fee
Fee by block
A block is ~0.4s. Buy in block 1 → 80% fee. Buy 3 seconds after launch → normal 1%.

Makes sniping unprofitable — and buys always work.

No rule

Plain token, normal 1% trading fee.

A plain Token-2022 token with no extra rules — a flat 1% trading fee from the first block.

Transfer rules
None
Token standard
Token-2022
Works like a normal token on the bonding curve.

Simple, no restrictions.

Max Wallet

Classic bag limit per wallet.

Coming soon

Every transfer is checked: if the receiving wallet would end up holding more than the cap, the transfer is rejected.

Applies to
Every buy and wallet-to-wallet transfer
Cap
Fixed % of total supply per wallet
Changes over time
No
Exempt
Bonding curve pool
With a 1% cap on 1B supply, no wallet can hold more than 10M tokens.

Coming after launch — numbers above are examples.

Stops one wallet from scooping up the supply.

Rising Max Wallet

Starts low, rises over time. Anti-snipe.

Coming soon

Same bag limit as Max Wallet, but it starts tight at launch and loosens step by step, so snipers can't grab a big share in the first blocks.

Applies to
Every buy and transfer
Cap at launch
Small % of supply
Growth
Rises on a schedule after launch
End state
Higher cap or no cap
Example: 0.5% at minute 0, rising toward 2% as time passes.

Coming after launch — numbers above are examples.

Fair first minutes for real buyers.

Hot Potato

Holding too long gets costly.

Coming soon

The longer a wallet sits on tokens without moving them, the more it costs to move them later. Keeps tokens circulating.

Tracks
How long each wallet has held
Cost
Grows with holding time
Resets
When the wallet moves its tokens
Example: a fresh holder pays almost nothing; a wallet idle for days pays more.

Coming after launch — numbers above are examples.

Discourages dormant whale stacks.

Market Hours

Transfers only during set hours.

Coming soon

Transfers are only allowed inside a daily time window. Outside it, every transfer is rejected.

Window
Set opening and closing hours (UTC)
Outside window
Transfers rejected
Checked against
On-chain clock
Example: trading open 14:00–22:00 UTC, closed overnight.

Coming after launch — numbers above are examples.

No 3am rug dumps while holders sleep.

Conviction Cap

Sell limits scale with hold time.

Coming soon

How much you can sell at once depends on how long you've held. New wallets can only sell small amounts; long holders can sell more.

Tracks
Holding time per wallet
Sell limit
Grows with holding time
Status
Program not deployed yet
Example: 10% of your bag per sell on day one, more each day you hold.

Coming after launch — numbers above are examples.

Rewards holders, slows dumps.

3

Bonding curve & graduation

The curve

Price is set by a formula, not an order book. Each buy raises the price, each sell lowers it. There's always someone to trade with: the curve itself.

Starting market cap

Where the price starts. Lumen's default is 30 SOL; creators can change it at launch.

Graduation

When the market cap reaches the graduation target (default 400 SOL), the SOL raised moves into a Meteora DAMM v2 pool, and liquidity is locked.

Each token page shows its live curve: the current market cap, SOL raised and progress to graduation.

4

FAQ & risks

Ready?

Launch a token