Launch Encyclopedia
The words used in coin launches, each defined in one sentence, then the formula, the values per launchpad and a worked example.
Launch blockThe launch block is the block a coin is created in, and the only block where buys can land before anyone else has seen the coin.Jito bundleA Jito bundle is a group of up to 5 Solana transactions that land in the same block, in order, or not at all.Bundled coinA bundled coin is one whose creator bought it from several of their own wallets at launch, usually in the same block or transaction as the create.Bonding curveA bonding curve is a launchpad’s built-in market that sets a coin’s price from how much of it has been bought, so the price rises with every buy.GraduationGraduation is when a coin finishes its bonding curve and its liquidity moves to a regular DEX pool, where trading continues.Snipe taxA snipe tax is a launchpad fee on early buys that starts high and falls to zero within seconds, so bots gain little by buying first.Front-loaded launchA front-loaded launch is one where wallets outside the launch transaction buy a large share of supply in the first few blocks of trading.Spread buysSpread buys are team wallets that buy one at a time after the launch block, on a schedule, instead of all at once.Dev buyA dev buy is the coin creator’s own first purchase, made from the creating wallet as the coin launches.Creator feesCreator fees are the share of a coin’s trading fees that the launchpad pays to the coin’s creator.Token account rentToken account rent is the SOL a Solana wallet must lock to hold a token, about 0.00204 SOL per account, returned when the account is closed.Team walletsTeam wallets are the wallets a launch creates to buy its coin, each holding a part of the team’s position.Bring it homeBringing it home means sending everything left in a launch’s team wallets back to one main wallet, selling the coins first.Launch PnLLaunch PnL is the profit or loss of one coin launch across every wallet that took part: everything spent, against everything realised plus what is still held.
Updated 12 Nov 2026. Source: Unison (unisongo.com). Launching a coin can lose money.