Glossary
Graduation
Also written or said as: graduate, graduated, bonded, curve complete, completed curve
When a launchpad coin sells out its bonding curve and moves to a normal trading pool.
On pump.fun a coin graduates once its bonding curve sells out, after buyers have put in about 85 SOL. Its liquidity then moves into a PumpSwap pool and it trades like any other DEX token. Only a small share ever get there: one count covering November 2025 to October 2026 found about 1 in 58.
Learn it properly inGraduation: what happens and what changesLaunchpads and the bonding curve · 4 min readThis guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.