Bonding curve and graduation

Every coin launches on Meteora’s Dynamic Bonding Curve (DBC) program, under a single QuantArk configuration. The coin is the base token, Q2 is the quote token.

The configuration

Parameter	Value
Total supply	1,000,000,000 (6 decimals)
Token program	Token-2022
Token authority	Immutable: no mint authority, no freeze authority
Starting market cap	3,000 Q2
Graduation market cap	69,000 Q2
Trading fee	1% flat, collected in Q2
Creator share of fees	50%
Activation	By timestamp, tradable immediately
Launch fee	None

Because every coin uses the same configuration, two coins on QuantArk are always comparable. Price, market cap and progress are read straight from the pool account, with no indexer or price feed in between.

Price as Q2 flows in

Market cap in Q2 against Q2 in the curve. Sampled from the live devnet FLARE pool with the program's own maths. Hover to read it.

A coin graduates after about 11,905 Q2 has gone into its curve. By then the price has risen 23 times, from 0.000003 to 0.000069 Q2 per coin.

DBC curves are concentrated-liquidity ranges. QuantArk’s app reproduces the program’s own maths to draw the curve and quote trades:

• quote held at sqrt price s is the sum over segments of L × (s_top − s_from) / 2^128, rounded up
• price is (s / 2^64)^2 × 10^(base decimals − quote decimals)

On localnet the computed quote at the pool’s current sqrt price equals the pool’s quote reserve to the unit.

Graduation

When the curve reaches the graduation market cap it migrates to a Meteora DAMM v2 pool.

After graduation
Pool fee	1%
Liquidity	50% to QuantArk, 50% to the creator
Lock	100% of both shares permanently locked
Fees on locked liquidity	Still claimable by each owner

Nobody can pull the graduated liquidity. The coin page moves the coin from Graduating to Graduated on the launch board.

Launch board tabs

Tab	Rule
Trending	Not graduated, sorted by Q2 raised
New	Not graduated, newest first
Graduating	Past half the curve, not yet migrated
Graduated	Migrated to DAMM v2