graduation
A token migrating from a bonding curve onto a full DEX.
Definitions
When a token launched on a bonding-curve platform (like pump.fun) accumulates enough buys to 'graduate' — its liquidity migrates to a decentralised exchange for open trading.
graduation In A Sentence
Origin & Usage
Pump.fun-era vocabulary for a token completing its bonding-curve phase (circa 2024).
People Also Ask
What does graduation mean in crypto?
It's when a memecoin on a bonding-curve launchpad hits its target market cap and its liquidity migrates to a full decentralised exchange for open trading.
What happens when a pump.fun coin graduates?
Its bonding-curve liquidity is moved to a DEX (such as Raydium), letting it trade freely on the open market instead of only via the launchpad curve.
Is graduation good for a token?
It's usually seen as a bullish milestone since it signals enough demand to reach the DEX, though plenty of tokens still dump right after graduating.
Comments 0