New on StonkFun
Coins spawn at $20K.
Here is how.
StonkFun is Raydium LaunchLab (program LanMV9…J3uj) with its own platform account 4E876q…gZL7. On 2026-11-03 at 02:44:30 UTC its curve-rule manager added a second allowed launch shape to every quote asset it lists. No new program and no new global config: one rule update, this transaction.
The two shapes
| Classic | 20K spawn | |
|---|---|---|
| On the curve | 79.31% | 73.25% |
| Into the Raydium pool | 20.69% | 26.75% |
| Raise | 85 SOL worth | $40,116 of the quote |
| Market cap at spawn | about $2.6K | $20,000 |
| Market cap at graduation | about $38K | about $150K |
| Spawn to graduation | 14.69x | 7.50x |
| Quote in the pool at graduation | 85 SOL worth | about 430 SOL worth |
| Buy that doubles it from spawn | about 12.4 SOL | about 99 SOL |
The higher ceiling is the graduation market cap and the depth of the pool it lands in: about $150K instead of $38K, and about five times more quote waiting in the pool. The run from spawn to graduation is shorter (7.5x against 14.7x), and every step on the curve costs about eight times more.
What the chain says
- Curve rule, SOL pair: 9emka7…vUmN. Group 0 (epoch 1027) pins TotalSellA = 793,100,000,000,000. Group 1 (epoch 1075) is identical except TotalSellA = 732,500,000,000,000. Neither pins the raise.
- Same group 1 on the other pairs minutes later, e.g. SPYx QYZp1Y…DbWA and STONK FXxyuT…3hR5, one of the batch.
- Fees on chain: StonkFun platform 1%, Raydium protocol 0.25%, creator fee 0. Every curve trade pays 1.25%.
- First 20K coin: PHIL413, paired with SPYx, 15:07 UTC on 11-03, create tx. First paired with SOL: FLOATER, create tx.
- Same name, 34 seconds apart: Stonkchan classic opened at $2,645 (coin), Stonkchan 20K opened at $19,966 (coin).
- Open to any wallet: 20K coins come from many different creators. The raise is free on chain, so "$20K" is a sizing rule: StonkFun's site sizes it in dollars, and so does this pad.
The math
supply S = 1,000,000,000 on the curve A to the pool M = S − A raise B
virtual reserves vA = A² / (A − M) vB = B · (vA − A) / M − B
spawn price vB / vA
graduation price B / M
graduation / spawn (A / M)² classic 14.69x · 20K 7.50x
cost from p0 to p1 vB · (√(p1 / p0) − 1) before the 1.25% fee
What Respawn adds
A spawn is a price. Respawn keeps it for every coin and checks where the coin sits against it.
- Spawn line in dollars. 20K spawns: $20,000. Classic coins paired with SOL: 27.96 SOL times SOL's Coinbase price in the launch hour. Other classic pairs are measured in their own quote.
- Underwater means the coin is worth less than its spawn line. On the curve that happens when the quote asset falls after launch, since a curve never trades below its own start. After graduation the pool can go anywhere.
- Reclaim spawn is one buy, sized from the pool's live reserves, that takes the price back to the spawn line. The amount, the coins you get and the market cap after are shown before you sign. The formula.
- Launch here = the 20K shape, paired with what you pick, signed by your wallet. The launch and every trade carry a memo with the pad's reference key .
What runs where
| Piece | Where |
|---|---|
| Coins, curve, fees | Raydium LaunchLab on Solana, StonkFun's platform config |
| Coin list, trades | Raydium's public LaunchLab API |
| Quote prices | Raydium price API · SOL history from Coinbase |
| Pool reads, reclaim size, trades, launch | In your browser, signed by your Phantom |
| Coin picture and record | Arweave |