DocsLaunching
Graduation
How a coin moves from its bonding curve to a Meteora DAMM v2 pool with locked liquidity, and who can make it happen.
Figures on this page are read from this server's own settings and data when the page loads.DocsLaunching
How a coin moves from its bonding curve to a Meteora DAMM v2 pool with locked liquidity, and who can make it happen.
Figures on this page are read from this server's own settings and data when the page loads.A new coin trades on its own bonding curve: a Meteora Dynamic Bonding Curve pool whose price rises as people buy. Each curve has a graduation threshold, the SOL it must hold before the coin moves on. On this server the presets need about 24.03 SOL (small), 88.58 SOL (standard) and 182.74 SOL (large) with no creator lock, and never less than 10 SOL. The exact figures are in Graduation presets.
When the curve fills, trading on it stops. The coin page shows "Graduating" until the coin reaches its new pool; every trade in that window is refused by Meteora's program, so nobody can buy on a full curve.
Lock the creator's coins (only if the coin has a creator allocation)
Move to the graduated pool
Both steps are permissionless: any wallet can sign them, and Meteora's own keepers usually run them first. If they have not, the coin page offers a Graduate button. The wallet that signs pays only the network fee and the rent for the new accounts; no coins or SOL move to it, and it gains no control over the pool.
If the coin was launched with a creator allocation, graduation starts its clock. After the waiting period, equal parts unlock every 30 days, and the creator's wallet can claim each part from the coin's page. Nobody else can claim them. The schedule is described in Creator allocation and vesting.