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Track 3Beginner

Launchpads and the bonding curve

Where memecoins are born: how a bonding curve prices a new coin, what graduation changes, who earns the fees, and which launchpads are busy in 2026.

6 lessons · 24 min · final quiz

Start lesson 1 →
A launch platform with new coins lifting off along a rising curve

Lessons

  1. 1What a launchpad isA launchpad lets anyone create a coin in a minute and gives it a first market, without the creator funding a pool.4 min read · 4 quiz questionsNot done yet
  2. 2The bonding curve, step by stepHow pump.fun's curve sets the price of a new coin, with the real numbers, and why the first buyers get so many more coins.4 min read · 5 quiz questionsNot done yet
  3. 3Graduation: what happens and what changesWhat happens the moment a coin fills its curve, where it goes, and why trading feels different right after.4 min read · 4 quiz questionsNot done yet
  4. 4Fees, creator rewards and cashbackWho gets paid on every trade of a launchpad coin, what a round trip really costs you, and what holder rewards and cashback are.4 min read · 4 quiz questionsNot done yet
  5. 5The other launchpads in 2026BONK.fun, StonkFun, Bags and the engines behind them: which launchpads are busy in late 2026, and how to compare them.4 min read · 4 quiz questionsNot done yet
  6. 6Fair launch: what it promises and what it does notWhat a fair launch really guarantees, the ways a launch can be unfair while following every rule, and how to judge one yourself.4 min read · 4 quiz questionsNot done yet
  7. Final quiz8 harder questions on the whole track, some of them tricky.Not done yet

After this: Trading platforms

This 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.