How the yard works.

Tickeryard is a permissionless memecoin launchpad on Solana where every token is priced in a tokenized stock instead of SOL. It runs entirely on the Meteora Dynamic Bonding Curve (DBC). We never hold your funds: every launch, trade and fee claim is a transaction you sign in your own wallet.

What it is

On a normal launchpad you buy a memecoin with SOL. Here you pick the asset the coin trades against: a tokenized stock such as SpaceX, Tesla or Nvidia, a pre-IPO token, or another SPL token like a MetaDAO ownership coin. From then on every buy and sell settles in that asset, and so do the fees. A coin paired with TSLAx literally accumulates Tesla exposure in its curve.

How it works

1. Pick a quote. A stock with a Meteora token badge, or a plain SPL token the DBC already accepts.
2. Launch. Name, ticker, image and socials go to IPFS. Your wallet creates the token and its pool in one transaction. Optional dev buy in the same transaction.
3. Trade on the curve. Price starts at about $5k market cap and rises as people buy. Sells move it back down. Every trade pays a 2% fee in the quote asset.
4. Graduate. When the curve reaches about $40k market cap, it closes and its liquidity moves into a Meteora DAMM v2 pool, permanently locked. The token then trades on any Solana aggregator that routes the quote asset.

Quote assets

The DBC decides which tokens can be a quote. Two kinds qualify:

The picker groups quotes by issuer (xStocks, Backpack, PreStocks, Other) and lets you search any xStock by name, ticker or contract address. A quote marked soon exists but has no badge yet.

Opening a market

For each quote asset the platform needs one DBC config: the on-chain object that fixes the curve, the fee and who collects the platform share. We call a quote with a config an open market.

• Markets are opened by whoever gets there first. If you launch against a quote with no market yet, your launch transaction creates the config and the pool together. The extra cost is about 0.01 SOL of rent.
• You can also open a market without launching, from the launch page. Either way the config is created with the platform treasury as fee claimer, never the wallet that paid the rent.
• The site only recognises configs that match the platform template exactly (curve, fee, split, locked liquidity). A config with different parameters is ignored even if it names our treasury.
• Because the curve is expressed in units of the quote asset, a market opened when TSLAx was $300 will drift in USD terms as Tesla moves. When the drift gets large a new config is opened and new launches use whichever config is closest to $5k at the current price. Existing tokens are never affected.

The curve

USD figures on the site are derived live: token price in the quote asset multiplied by the quote asset price from Jupiter. If the stock moves, every token paired with it moves in USD without a single trade. That is the point.

Fees

Every trade on the curve pays 2%, charged in the quote asset. Meteora keeps 20% of that fee as protocol revenue. The remaining 1.6% of volume is split in half:

There is no launch fee beyond Solana rent. After graduation the DAMM v2 pool charges its own 2% swap fee, which accrues to the locked liquidity position held by the treasury.

Graduation

The curve tracks how much of the quote asset it has absorbed. When that reaches the migration threshold, which corresponds to roughly $40k of market cap at the price the market was opened, Meteora keepers migrate the pool:

• Liquidity moves into a Meteora DAMM v2 pool paired with the same quote asset.
• The liquidity position is 100% permanently locked. Its NFT belongs to the platform treasury, so nobody can pull the liquidity, and the treasury collects the pool fees over time.
• The token page switches to a Jupiter link. Any aggregator that indexes DAMM v2 and the quote asset can route it.
• Between the curve filling up and the migration landing, trading is closed. Tickeryard runs its own keeper that finalizes the migration within about a minute, without waiting for Meteora. The token creator and the treasury can also trigger it manually from the token page (about 0.02 SOL of rent).

Launching

• Cost: about 0.02 SOL of rent for the token and pool accounts, plus 0.01 SOL if you are the first to open that market, plus network fees. Rent is not a fee we collect.
• Metadata: name (up to 32 characters), ticker (up to 10), description, image (up to 1.5 MB), X, Telegram and website. Image and JSON are pinned to IPFS. The on-chain metadata link points to your token page on Tickeryard.
• Dev buy: optional, paid in the quote asset, executed in the same transaction as the launch so nobody can front-run it.
• Mint authority is revoked by the program at launch. Freeze authority is never set. Supply is fixed forever.

Trading

• You buy and sell directly against the curve from the token page, in the quote asset. If you do not hold it, the page links to Jupiter to swap SOL for it first.
• Slippage is configurable. Quotes are simulated locally from the pool state before you sign.
• Tokenized stocks trade on-chain around the clock, but their issuers price them from the underlying market. Expect thinner liquidity and wider moves outside US market hours.

Creator fees

If you launched a token, connect the same wallet on its page. A panel shows your unclaimed fees in the quote asset and a Claim button. The claim is a direct instruction to the Meteora program; Tickeryard never touches the funds.

Risks

• Memecoins can and usually do go to zero. Nothing about the curve protects you from that.
• Quote asset risk. Your position is exposed to the stock price as well as the memecoin. A token can lose value in USD even with zero sells.
• Issuer risk. Tokenized stocks depend on their issuer (Backed, Backpack, PreStocks) honouring redemptions and keeping the token unfrozen. Most of these tokens carry a permanent delegate and a freeze authority held by the issuer.
• Smart contract risk. The Meteora programs are audited and widely used, but no code is risk-free. Tickeryard itself holds no custody and has no upgrade power over the pools.
• Liquidity and indexing. Third-party charts and aggregators may take time to index pools quoted in a stock. Prices on the token page come straight from the chain.

Disclaimer

FAQ

Why not just pair with SOL?

Because the pair is the product. A coin quoted in SpaceX is a different object from a coin quoted in SOL: its curve, its fees and its holders all accumulate the stock.

Why is my stock marked soon?

It has no Meteora token badge yet. Badges are created by Meteora, not by us, and the site picks them up within a minute of creation.

Can I change the fee or the curve for my token?

No. Every token uses the same template. That is what makes the board comparable.

What happens to the fee if the quote asset is paused by its issuer?

Trades would fail until the issuer unpauses the token. Accrued fees stay in the pool and can be claimed afterwards.

Where is the code?

The site talks to the chain through the official Meteora SDK. Every action can be verified on Solscan from the links on each token page.

Addresses

Launch a token