How woop works
Most launchpads reward whoever gets in first and out fastest. woop pays the people who actually hold, and makes the rest of the game fair.
Launching a coin on most launchpads looks like this: bots buy in the first block, insiders split their buys across fresh wallets, someone sandwiches your trade, a whale dumps and the chart never recovers, and the people who held the whole time get nothing.
woop is built to flip that. Every part of it answers one question: what would a launchpad look like if it worked for the people holding the coin?
What changes
| The problem | On most launchpads | On woop |
|---|---|---|
| Holding | Earns nothing. Only the price matters. | Every trade pays holders, in the pair token. |
| The first minute | Snipers and bots buy before you can click. | Fair launch: everyone in the window pays one price. |
| Your trade | Can be jumped by the order next to it. | Fair Blocks: orders settle together, at one price. |
| A whale exits | One sell, one crash candle. | Exit Queue: the sale fills into buys, the chart holds. |
| Who gets the dip | Whoever's bot is fastest. | Holder deals: loyal holders get first go, at a discount. |
| The creator | Paid to launch and leave. | Paid on every trade, for as long as the coin trades. |
| Copycats | Free to copy your ticker. | 1 SOL to copy it, paid to your holders. |
| Insider wallets | Hidden. | Shown on the coin page before you buy. |
| Graduation | You're on your own in the pool. | Fair Blocks and the Exit Queue keep working in the pool. |
Holders get paid
Every trade of a coin through woop pays a flat 2%. Holders get 0.45% of it, or 0.70% when no promoter brought the trade. Trades from other apps pay 3%, and 1.35% of that goes to holders. After graduation holders get half of the coin's pool fees, forever.
Your share depends on how much you hold and for how long. Selling resets your time, so holding beats flipping. You're paid in the coin's pair token: SOL, a stock like NVDA, gold or a dollar.
Why it matters: a coin's holders finally have a reason to stay, and a coin with patient holders is a coin that lasts. See Hold-to-earn.
On a 1 SOL trade
- RaydiumProtocol fee, fixed0.25%
- CreatorThe coin’s creator (0.5% on other apps)0.75%
- HoldersWeighted by amount × time held0.45%
- woopPlatform0.3%
- PromoterWhoever’s link brought the trader0.25%
- Total2%
A fair start
A creator can open their coin with a fair launch instead of going live at once. For a short window (1 to 60 minutes) anyone can commit SOL. Nobody can buy the coin yet, because it doesn't exist: our program creates it only when the window ends.
Then everything committed buys in one opening buy, and everyone gets coins at the same price, in proportion to what they put in. Coins unlock second by second over a short release (10 to 60 minutes) and arrive in your wallet on their own, so nobody can dump their whole share at the open.
Why it matters: there's no first block to snipe and no head start to buy. See Fair launches.
Fair trades
Trades through woop go into a Fair Block by default. For about 3 seconds, orders collect. Then they settle together: buys and sells are matched with each other at the current price, and only what's left over trades on the curve, as one trade. Everyone on the same side gets the same price.
Why it matters: inside a block, no order can jump yours. Matched trades don't move the price at all. And you're never filled below the minimum you agreed to. See Fair Blocks.
Big exits without the crash
When someone wants to sell a lot, they can put it in the coin's Exit Queue instead of dumping it on the curve. Their coins sit there, and buys through woop fill from the queue first, at the current price, until it's sold. The seller sets the lowest price they'll take.
Why it matters: the seller gets out with no slippage, buyers get coins with no price impact, and the chart doesn't take a 30% candle. See Exit Queue.
Loyal holders first
For the first minute after a big order joins the Exit Queue, only loyal holders can buy from it, at 2% below the current price. Loyal means you've earned from holding the coin and still hold it. Flippers drop out automatically, because selling wipes your earnings for that period.
Why it matters: when a whale leaves, the discount goes to the people who stuck around, not to the fastest bot. See Holder deals.
Creators win when the coin does
Launching is free. Creators earn 0.75% of every curve trade through woop (0.5% from other apps), then 20% of the coin's pool-fee share after graduation, forever. A fair launch can have a creator lock too. They can lock part of the supply to vest over time, and the coin page shows it.
Why it matters: a creator earns more by building a coin people hold than by dumping it. See Creators.
Fair after graduation too
When a coin's curve fills, it moves to a Raydium pool. Most launchpads stop there. On woop, Fair Blocks, the Exit Queue and holder deals keep working: orders match at the pool's price, and the leftover swaps in the pool. They cost what the pool does, 1.25%.
Why it matters: the protections don't end the moment a coin succeeds.
$WOOP holders share in all of it
woop's own coin, $WOOP, shares in what woop earns from every coin. 20% of woop's fees buy $WOOP back: a quarter goes to every holder, the rest is burned. Hold 100,000 $WOOP and you pay half on Fair Blocks and the Exit Queue, get first go at new queue orders, and get a stake in every coin. See The $WOOP token.
Your ticker is yours
The first coin with a ticker owns it. Anyone can still use it, but it costs 1 SOL, and that 1 SOL goes to the first coin's holders.
Why it matters: copycats stop being free, and each one pays the community they're copying. See Ticker protection.
See who you're trading with
Every coin page shows rug signals: wallets the creator funded, where the creator's SOL came from, the creator lock, snipers and how much the top holders own.
Why it matters: you can spot an insider cluster before you buy, not after. See Rug signals.
Promoters paid for what they bring
Anyone can share a coin link. When a trader buys through it, the person who shared it earns 0.25% of that trade, paid inside the trade itself.
Why it matters: the people who actually bring buyers get paid, out in the open, instead of in secret deals. See Promoters.
A trade, start to finish
- You open a coin page and enter how much SOL to spend.
- woop builds your trade: a Fair Block order by default, or Instant if you want it now. On a coin paired with SOL, your SOL buys it directly. On other pairs, your SOL is swapped into the pair token in the same transaction (or you pay with the pair token if you hold it).
- You sign in your wallet. woop sends it through Helius for the fastest landing.
- In a Fair Block, your order settles with everyone else's in about 3 seconds, at one price, and the coins land in your wallet. With Instant, it fills from the Exit Queue first, then the curve.
- From then on, every trade anyone makes in that coin pays you a share, until you sell.
You don't have to trust us
The rules live in woop's programs on Solana, not on our servers:
- The fee split, the Exit Queue, Fair Blocks, fair launches and ticker protection are enforced on-chain.
- Holder payouts are Merkle claims you can check yourself.
- Anyone can trigger a payout or a fee claim, but the money can only go where the program says.
What woop can't do
- Prices still move. Other people still buy and sell. Fair Blocks make trading fair, not risk-free.
- Only trades through woop get the protections. Someone trading the curve from another app skips Fair Blocks and the Exit Queue, and pays 3% instead of 2%.
- woop runs on devnet today. Mainnet addresses are published at launch.