The first buys move the price; later buyers sit in one band.1% fee8× · 25 → 200 SOL mcap
Already raised Your buyLeft is the first trade. Right is graduation.
The raise is 35% full. You take the next 10%, leaving it 45% of the way to graduation. The price before you is 5.74× the first trade, and 6.16× after you. Across that slice you pay about 5.95× on average. If the whole supply were priced along this curve, market cap moves from about 143 SOL to 154 SOL. A flat 1% trading fee sits on the swap and does not change the shape.
The first buys move the price a lot. After that, a wide band pays nearly the same.
The left side of the chart is steep. The first buys do the price discovery, and then the line flattens so later buyers sit in a wider band around a similar price. Use it when you expect a rush at the open and you would rather that rush pay up than clear the whole curve at the starting price.
A recipe is numbers you deploy as your own PoolConfig. It is not another pad's address.
import { NATIVE_MINT } from "@solana/spl-token";
import { Keypair, PublicKey } from "@solana/web3.js";
import {
ActivationType,
BaseFeeMode,
buildCurveWithLiquidityWeights,
CollectFeeMode,
DynamicBondingCurveClient,
MigrationFeeOption,
MigrationOption,
TokenDecimal,
TokenType,
TokenAuthorityOption,
} from "@meteora-ag/dynamic-bonding-curve-sdk";
// Early wall — deploy a new PoolConfig. Fee claimer is your wallet.
// This does not point launches at another pad's config address.
const curveConfig = buildCurveWithLiquidityWeights({
token: {
tokenType: TokenType.SPLToken,
tokenBaseDecimal: TokenDecimal.SIX,
tokenQuoteDecimal: TokenDecimal.NINE,
tokenAuthorityOption: TokenAuthorityOption.PartnerUpdateAuthority,
totalTokenSupply: 1_000_000_000,
leftover: 0,
},
fee: {
baseFeeParams: {
baseFeeMode: BaseFeeMode.FeeSchedulerLinear,
feeSchedulerParam: {
startingFeeBps: 100,
endingFeeBps: 100,
numberOfPeriod: 0,
totalDuration: 0,
},
},
dynamicFeeEnabled: false,
collectFeeMode: CollectFeeMode.QuoteToken,
creatorTradingFeePercentage: 0,
poolCreationFee: 0,
enableFirstSwapWithMinFee: false,
},
migration: {
migrationOption: MigrationOption.MET_DAMM_V2,
migrationFeeOption: MigrationFeeOption.FixedBps100,
migrationFee: { feePercentage: 0, creatorFeePercentage: 0 },
},
liquidityDistribution: {
partnerLiquidityPercentage: 0,
partnerPermanentLockedLiquidityPercentage: 100,
creatorLiquidityPercentage: 0,
creatorPermanentLockedLiquidityPercentage: 0,
},
lockedVesting: {
totalLockedVestingAmount: 0,
numberOfVestingPeriod: 0,
cliffUnlockAmount: 0,
totalVestingDuration: 0,
cliffDurationFromMigrationTime: 0,
},
activationType: ActivationType.Timestamp,
initialMarketCap: 25,
migrationMarketCap: 200,
liquidityWeights: [1, 1, 2, 6, 8],
});
const config = Keypair.generate();
const partner = /* your launchpad wallet */ new PublicKey("YOUR_FEE_CLAIMER");
const createConfigTx = await client.partner.createConfig({
config: config.publicKey,
feeClaimer: partner,
leftoverReceiver: partner,
payer: partner,
quoteMint: NATIVE_MINT,
...curveConfig,
});