How Liquidity Works on LaunchMemes
Updated 2026-10-07 · 5 min read
Creating a token and creating a liquid market are different actions. LaunchMemes handles liquidity differently depending on whether the token was created directly or through Fair Launch NEXT.
Direct Create Token
A directly created mint does not automatically receive a Fair Launch market. If you want it to trade through a manual liquidity venue, you need to use a supported liquidity workflow and understand the pool/position you are creating.
Fair Launch NEXT starts on a bonding curve
NEXT already creates its launch market on Meteora Dynamic Bonding Curve. You do not need to create another launch pool after the mint is created.
The launch starts around ~725 SOL market cap and progresses toward the on-chain migration quote threshold, currently 100 SOL.
Graduation to DAMM v2
When the on-chain graduation condition is reached, liquidity migrates from the DBC launch market to Meteora DAMM v2. This transition is part of the NEXT launch design rather than a manual creator step.
Post-graduation compounding
The DAMM v2 fee model assigns 0.50% of trading volume to compounding/reinvestment into liquidity. This is part of the 2.00% post-graduation trading fee.
Migrated LP lock
- Creator claimable LP: 0%.
- LaunchMemes claimable LP: 0%.
- Creator-side permanently locked LP: 80%.
- LaunchMemes-side permanently locked LP: 20%.
- Total migrated LP permanently locked: 100%.
LP lock is not the 85% supply lock
The 85% supply lock covers 850,000,000 tokens for 10 years. The LP lock covers the migrated post-graduation liquidity position. They are separate mechanisms with different purposes.
Creator Rewards are separate from LP
Creators can still be eligible for the 1.20% Creator Rewards portion of trading volume even though creator claimable migrated LP is 0%. Claiming fees is not the same as withdrawing liquidity.
Frequently asked questions
Do I manually add liquidity after a NEXT launch?
No. NEXT starts on Meteora DBC and handles the graduation path to DAMM v2.
Can the creator withdraw the migrated LP?
No. Creator claimable LP is 0%, and the current NEXT configuration permanently locks 100% of migrated LP.
Does permanent LP lock mean the 85% token supply is permanently locked too?
No. The 85% supply lock has a 10 years duration.
Does claiming Creator Rewards remove liquidity?
No. Trading-fee claims and LP ownership/withdrawal are separate.