> For the complete documentation index, see [llms.txt](https://docs.feel.cash/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.feel.cash/launch/solana-launches.md). # Solana launches Launch and trade Feel.cash coins on Solana: the bonding curve and graduation, pairings, the 1.5% trading fee, who earns it, and how payouts settle. **Same Cash. A different kind of market.** A Solana coin is launched, traded, and paid out from the same Feel.cash account and Cash balance as any other coin. What changes is the market behind it: the coin starts on a bonding curve and later moves to a standard liquidity pool. This page covers only what is different. ## What is different on Solana | | Base and Robinhood Chain | Solana | | ------------- | --------------------------------------- | ----------------------------------------------------- | | Market | Uniswap v4 | Raydium | | How it trades | One permanent pool from the first trade | A bonding curve first, then a standard liquidity pool | | Pairings | WETH, USDC, IPOD, tokenized stocks | SOL, USDC, tokenized stocks (xStocks) | | Trading fee | 1.5% at the standard creator fee | 1.5%, always | | Launch price | Free or from $1 of Cash | About $1.50 of Cash | ## How does a Solana coin trade? Every Solana coin goes through two phases. | | 1. Bonding curve | 2. After graduation | | --------------- | ----------------------------------------------------------------------------------------------------------- | -------------------------------------------------------- | | Where it trades | On the launch curve | In a standard liquidity pool | | Price | Rises along a fixed curve as people buy | Set by the pool, like any other market | | Supply involved | 793.1 million coins are sold on the curve | The remaining coins and the funds raised become the pool | | Ends when | The curve has raised 85 SOL or, for a USDC or stock pairing, the amount worth 85 SOL when the coin launched | Never: the pool is permanent | A coin opens at a market cap worth about 28 SOL. Graduation is automatic. Nobody needs to trigger it, and the creator cannot stop it or take the liquidity, which is locked. Locked liquidity describes what the market permits. It does not guarantee depth, price, or that a coin ever graduates. ## What can I pair it with? * **SOL** is the default. * **USDC** gives a dollar-denominated market. * **A tokenized stock** pairs the coin with an xStock, such as `NVDAx`, `AAPLx`, or `TSLAx`. The launch form shows the pairings available at that moment, and the list can change. The pairing is fixed at launch. [See the Solana stock pairings](/stocks/catalog.md#solana-stock-pairings) ยท [How stock pairings work](/stocks/stock-pairings.md) ## What does a trade cost? The trading fee is **1.5% on every buy and sell, in both phases**. Only the split changes at graduation. | Share | On the curve | After graduation | | ---------------------------------------------------------------- | -----------: | ---------------: | | Creator, X account, or holders (chosen at launch) | 0.50% | 0.75% | | Feel.cash | 0.75% | 0.25% | | Referrer | โ€” | 0.15% | | [MegaPot tickets](/use-feel.cash/every-trade-a-chance-to-win.md) | โ€” | 0.10% | | Pool liquidity | โ€” | 0.21% | | Raydium | 0.25% | 0.04% | | **Total** | **1.50%** | **1.50%** | Feel.cash does not collect the pool-liquidity share. It stays in the pool and deepens it. ## Who earns the fees? You choose the recipient before launch. The choice is fixed for that coin. | Recipient | Paid | | -------------------- | ---------------------------------------------------------------------------------------------------- | | **Me** (the creator) | Into your Cash balance | | **An X account** | In Cash, held until that account signs in to Feel.cash | | **Holders** | In the paired company's stock; see [Holder Stock Rewards](/stocks/holder-stock-rewards.md#on-solana) | [Creator Fees on Solana](/economics/creator-fees.md#solana) ## What does it cost to launch? The price is a live quote of the network cost, rounded up to the next $0.50: currently about **$1.50 of Cash**, or about **$2.00 with a dev buy**. It moves with the price of SOL, and there is no free launch allowance on Solana. A dev buy is optional. It is the first purchase on the curve. ## How do I check a Solana coin? Every Solana coin launches with the same properties. | Property | Solana coin | | -------------------------- | -------------------------------------------------- | | Total supply | 1,000,000,000 | | Creator or team allocation | 0% | | Minting more coins | Not possible | | Freezing a holder's coins | Not possible | | Tax on transfers | None | | Ticker | Latin letters and numbers, at most 10 characters | | Address | Ends in `fee1`, in any mix of upper and lower case | The `fee1` ending alone is not proof. Follow the steps in [Verify a coin](/trust-and-safety/verification.md#verify-a-solana-coin); program addresses are in [Contracts and onchain identity](/developers-and-integrators/contracts.md#solana-launches).