No bonding curve. Every coin opens in its own PumpSwap pool, tradeable on Jupiter and Dexscreener from the first block.
There's no curve to climb. The SOL you seed goes into the pool with the full supply, so it decides where your coin opens.
Every token starts in the pool. Nothing held back.
Pool tokens burn at launch. Nobody can pull liquidity.
The pool is the launch.
PumpSwap's creator fee goes to your wallet.
Every pool created through Bonded, read straight from Solana.
Live from Solana: coins launched through Bonded and their PumpSwap pools.
One flow creates the token, opens its PumpSwap pool and burns the LP.
No bonding curve, no migration. A coin and its PumpSwap pool are created together.
Bonded is a Solana launchpad where coins skip the bonding curve entirely. When you launch, Bonded creates your token and opens a PumpSwap pool for it in the same flow. The first trade anyone makes is a normal swap on PumpSwap.
There's no custom Bonded contract holding funds. Everything runs through the SPL Token program, Metaplex metadata and PumpSwap itself, signed by your wallet.
Behind the scenes: your image and details go to IPFS, then the token is created with a fixed 1,000,000,000 supply, its mint authority is revoked, a PumpSwap pool is opened with the full supply and your SOL, and the LP tokens are burned.
With no curve, the pool's contents set the price. The whole supply goes into the pool, so the opening market cap equals the SOL you seed.
Seed 20 SOL and your coin opens at a 20 SOL market cap. To open around where pump.fun coins graduate, you'd seed a few hundred SOL. From there the price moves with every trade, like any PumpSwap pool.
PumpSwap gives the pool creator LP tokens. With Burn LP on, Bonded burns all of them right after the pool opens, so the liquidity can never be withdrawn. If you turn it off, you keep the LP tokens and can withdraw the liquidity yourself, and the coin shows as LP not burned on Bonded.
Every launch includes a marker that lets Bonded find it on-chain. The Pools page reads those launches straight from Solana, then reads each pool's reserves to show market cap and liquidity. Nothing on the board is entered by hand.