Reef
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Launch coins priced in HYPE

pump.fun coins on Solana, quoted in HYPE. Creators earn on every trade and can pay their share to holders.

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How it works

  1. Launch

    Choose a name, a ticker and an image. One Phantom transaction creates the coin, locks the fee split and makes your first buy in HYPE if you want one.

  2. Trade

    Buy and sell against HYPE on the bonding curve. Every coin has a price chart, recent trades and a holder list.

  3. Cash out

    Sell back into HYPE whenever you like and keep it in your Phantom wallet. Creator fees and holder rewards arrive as HYPE too.

Every trade pays a 2% creator fee

The fee is split four ways and the split is locked when the coin launches. Each tile is 0.1% of a trade.

  • Creator's choice

    0.8% of every trade. The creator sends it to their own wallet, to another wallet, or to the coin's holders.

    40%

  • Liquidity

    0.5% of every trade. Added to the platform token's HYPE pool.

    25%

  • Buyback

    0.5% of every trade. Buys the platform token.

    25%

  • Platform

    0.2% of every trade. Keeps Reef running.

    10%

Pay holders in HYPE

A creator can send their share of the fee to the coin's holders. It collects in a pot. Once the pot is big enough, Reef takes a snapshot of the holders at a random moment, and every wallet holding at least $20 of the coin gets HYPE in proportion to its balance.

$20

Minimum holding to receive a share

The moment is random, so nobody can buy in just ahead of it. Program accounts and Reef's own wallets are left out.