LaunchLab is Raydium's permissionless primary-market launch program. A creator initializes a fixed-supply token and a bonding curve; buyers and sellers trade against the curve using a quote asset such as SOL, with price determined by the selected curve. When the curve's quote reserve reaches its configured graduation threshold, Raydium's migration wallet creates a CPMM pool from the curve's remaining base tokens and collected quote tokens, after which trading continues through Raydium's normal CPMM routing. The interface is operated by Raydium Holding Foundation, while transactions execute through permissionless LaunchLab smart contracts; third parties can also run branded launch platforms on the same program. The official site currently lists recent token creations, indicating active use.
Who it is for: Solana creators launching new tokens without pre-seeding an AMM pool, plus traders seeking early-stage tokens and platforms building branded launch environments.
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