The launch
One transaction deploys an ERC-20 with a fixed supply of 1,000,000,000 tokens. All of it is minted straight to the launchpad contract — the creator receives nothing, and no allocation is set aside. 800 million tokens are sold along the bonding curve; the remaining 200 million are reserved to seed liquidity at graduation.
Until the curve graduates, the token cannot move anywhere except through the curve itself. That makes it impossible to seed a side pool, sell an allocation OTC, or snipe the launch before anyone else can buy.
The pair
Every curve is quoted against a real asset chosen at launch: tokenized U.S. treasuries, vaulted gold, or an Arbitrum major like ETH, USDC, or ARB. Buying deposits that asset into the curve’s reserve, so a token that trades accumulates real backing as it fills.
This is why the RWA pairs matter. A curve quoted against tokenized treasuries holds treasuries. When it graduates, the pool it graduates into holds them too — permanently, because the liquidity is burned.
The curve
Pricing follows a constant-product curve with virtual reserves — the same shape as an AMM, but with no liquidity provider. The price starts low and rises as reserves fill. Anyone can sell back into the curve at any moment, at the price the curve quotes, until the moment it graduates.
The virtual reserves are sized so that selling the full 800 million tokens raises exactly the pair’s graduation target. That makes the final curve price and the opening AMM price the same number: there is no gap to arbitrage at graduation, and no jump for the last buyer to eat.
Graduation
When the reserve reaches the target, the curve closes permanently. The 200 million reserved tokens and the entire raised reserve are deposited into a SushiSwap V2 pool, and the LP tokens are sent to a burn address. Nobody — not the creator, not the platform — can ever withdraw that liquidity.
Any tokens still unsold on the curve are burned in the same transaction, and the token’s transfer restriction lifts. From that point it trades like any other Arbitrum token.
Fees
Every curve trade — buy or sell — pays a 1% fee in the quote asset. It splits exactly in half:
0.5% — the platform
Half of every fee generated by every token launched here accrues to the ArbBull treasury.
0.5% — the creator, or the holders
The other half depends on which kind of token was launched.
Standard and Reward tokens
Standard
The creator earns the non-platform half of every fee. It accrues on-chain and can only ever be withdrawn to the wallet that launched the token.
Reward
Pays holdersThe creator earns nothing. That half goes to holders instead, pro rata, paid in the asset backing the curve — hold a treasury-paired token, get paid in tokenized treasuries. Claim any time.
Rewards accrue on every trade and are tracked continuously as balances change. The AMM pool and the curve itself are excluded, so rewards flow only to real holders.
What can go wrong
Tokens launched here are created by anonymous third parties. Most memecoins go to zero, and this platform makes no judgement about any token on the board — the curve is the same for a serious project and a joke.
Real-world assets add their own risks on top of the usual ones. A tokenized treasury or gold token depends on its issuer’s solvency, its custodian, and its regulator, and some can freeze or blocklist addresses. Read the issuer’s own terms before you pair against them. Pairs listed here are chosen for being freely transferable, not for being risk-free.
The launchpad contract can be paused by its owner, which stops launches and curve trading. Claims and existing balances are never blocked by the pause.