Bonding curve / reserve relationshipConstant product · size moves price
Virtual SOL reserve×Virtual token reserve=Constant product
BuySOL ↑ · token ↓Price rises as tokens leave the curve.
SellSOL ↓ · token ↑Price falls as tokens return to the curve.
Boundary85 SOLReal reserves trigger the migration boundary.
Larger orders traverse more of the curve and therefore create more price impact.
Curve execution
The curve follows constant-product reserve math. Larger orders move further along the curve, so price impact grows with size. Before signing, check:- expected output and minimum received;
- price impact and slippage;
- real SOL reserves and migration progress;
- the token address;
- the active venue.
100 SOL. This is a protocol constant, not a UI
preset.
Fees
The reviewed curve defaults charge0.05% to the protocol and 0.05% to fee
rights, for 0.10% total. A referral share, when active, comes out of the
protocol fee rather than adding another charge.
See protocol fees on Solana for the full breakdown.
Venue switch
Refresh the quote when the lifecycle changes. A curve quote cannot execute
after migration.