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For traders
Trade on the Raydium LaunchLab curve, then the CPMM pool, priced in the launch's quote asset; the vault trades against you inside published rules.
Where the coin trades
Backstock coins are ordinary Raydium LaunchLab coins. Until graduation you trade the constant-product curve (1,000,000,000 supply, 6 decimals, 79.31% sold on the curve); after it, the Raydium CPMM pool the curve moved into at the same price. You pay and receive the quote asset: a coin priced in NVDAx is bought with NVDAx.
| Curve fee, every buy and sell | Rate | Goes to |
|---|---|---|
| Raydium protocol | 0.25% | Raydium |
| Platform | 0.5% | Backstock |
| Creator | 0.5% | The launch: 75% vault · 15% platform · 10% backers |
| Total | 1.25% | Charged in the quote asset |
After graduation the pool charges its own CPMM trade fee; its creator fee is collected and split the same way. Quotes carry a slippage minimum: if price moves past it while you sign, the transaction fails instead of filling worse.
Reading prices
- Quote first, dollars beside. Prices and market caps show in the quote asset with the USD value next to them. The chart can switch between the two.
- “vs NVDA”. For stock-quoted coins the change line also shows the move relative to the stock, so the coin’s own move reads apart from the stock’s.
- Market closed. When the stock’s market is shut, the dollar value uses the last print and says so. On-chain trading in the quote asset carries on; the dollar figure catches up at the open.
Reading the band
The chart shows the EMA and the agent band around it. Cyan marks are vault-agent trades: it can only buy below the lower edge and sell above the upper one, within its per-window budget and its max impact per trade, and never below its vault floor. Every agent trade is a Trade event, tagged in every trades table. See the vault agent.