Unlisted Launch app
  1. 00Unlisted
  2. 01Slippage
  3. 02Mechanism
  4. 03Rules
  5. 04Book
  6. 05Start
00Unlisted

An on-chain OTC book for Solana memecoins. List a bag, name a price in SOL, settle through escrow. The pool never sees the trade.

Built for holders whose position is larger than the pool can absorb. One Anchor program, no counterparty risk, no Telegram middleman.

Open the book
01Slippage

A memecoin pool rarely holds more than a tenth of the supply. Any bag measured in percent of supply is a large share of that pool, and a constant-product curve prices it accordingly.

Bag soldShare of poolPrice after
0.5% of supply5%-9.3%
2% of supply20%-30.6%
5% of supply50%-55.6%

Constant-product pool holding 10% of supply, before fees. Price after = (reserve / new reserve)².

02Mechanism
List

The seller deposits the bag into an escrow account owned by the program and sets an ask in SOL. The listing shows its discount to Jupiter spot, refreshed every slot.

Fill

A buyer sends SOL for the whole bag or any part above the seller's minimum. Tokens and SOL move in one instruction. No state exists where one side holds both.

Settle

Unfilled size returns to the seller at the expiry block the seller chose. Cancel at any time before a fill. 0.8% fee on filled volume, nothing on listing.

03Rules
Disclose

Every listing shows the wallet's age, its share of supply, the date it first received the token, and whether it ever transacted with the deployer. A dev selling is visible as a dev selling.

Quote

Asks are quoted against the live Jupiter route, not against a chart. A stale price cannot anchor a buyer.

Split

A 40M bag can clear in ten fills to ten wallets. The seller sets a minimum fill so dust cannot block the listing.

Lock

A seller may attach vesting. The buyer receives tokens over 7, 30 or 90 days and cannot hit the pool the next morning. Locked listings are flagged.

Warn

Any SPL or Token-2022 mint is listable. Tokens with under 50k USD of pool liquidity carry a warning on every row.

04Book
TokenBagAsk vs spotLock
HOUSE4.2% of supply-18%30d
BRICK0.85%-11%None
LAMP12.0%-27%90d
WIRE1.5%-7%7d
CRATE6.0%+2%None

Example listings. Tokens and figures are illustrative.

Launch app
05Start

Connect a wallet, pick the mint, set the ask. The chart stays where it is.

Launch app
Unlisted Solana mainnet 2026