Launch PnL
Launch 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.
The formula
- Spent = every buy + launchpad and tool fees + tips + gas + rent locked.
- Realised = every sale’s proceeds + rent returned.
- Held = coins still held × the current price.
- Launch PnL = realised + held − spent. Multiple = (realised + held) ÷ spent.
Trader PnL looks at one wallet. Launch PnL adds up the creator wallet and every team wallet, because they are one position.
Worked example
30 wallets buy 0.2 SOL each (6 SOL), plus 0.3 SOL of fees, tips, gas and rent: 6.3 SOL spent. Selling returns 5.2 SOL and 0.06 SOL of rent comes back; nothing is held. PnL = 5.26 − 6.3 = −1.04 SOL. Multiple = 0.83. The numbers are an example. Launching a coin can lose money, and most coins go to zero.
Sources
- Unison: Coin page.
Related
- Team wallets: Team wallets are the wallets a launch creates to buy its coin, each holding a part of the team’s position.
- Bring it home: Bringing it home means sending everything left in a launch’s team wallets back to one main wallet, selling the coins first.
- Token account rent: Token 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.
Updated 12 Nov 2026. Source: Unison (unisongo.com). Launching a coin can lose money.