> ## Documentation Index
> Fetch the complete documentation index at: https://hatch-6c4c84b8.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.
# Who Benefits & How
### Token Devs
* Deep liquidity from launch to infinity — concentrated depth in Meteora DLMM, not passive & diluted AMM
* Smoother charts that absorb buy/sell pressure without breaking
* LPs can enter pool instantly from launch, permissionlessly — no pool creation friction
* Higher fee revenue from concentrated DLMM vs. idle AMM
* Upside liquidity maintained by Precision Curve — token rally momentum doesn't hit dry wall
### Traders
* Cleaner charts — better price discovery, not choppy candles from thin liquidity
* Smoother trading from cushioned price impact & slippage
* Exits that do not crater tokens
### Liquidity Providers
* Access to 99% of early-stage pools that were inaccessible before
* High Frequency & Precision strategies to constantly stay in-range and generate fees
# How does Hatch work?
Tokens permissionlessly launch directly into deep, active, and bilateral Meteora DLMM liquidity (vs thin, passive, lopsided AMM liquidity). Hatch is a non-custodial high-frequency automation layer built on Meteora DLMM.
### Phase 1 Launch: Pre-bonding pool
When a token launches on Hatch, it goes directly into a **Meteora DLMM wide-range position** — 400 bin step, 1% fee tier pool. This is the pre-bonding pool.
**70% of the token supply** is deployed here at launch. This is the “bonding” phase — but unlike static AMM bonding curves, this position is already a Precision Curve: deep, active, and bilateral. Liquidity is concentrated around active price on both token and SOL sides.
Key properties of pre-bonding pool:
* **Pool is locked.** It cannot be pulled by the token dev. This is a structural trust guarantee baked into every Hatch launch.
* **Immediately live on Meteora DLMM** for traders to trade, and LPers to LP — token is discoverable on trading terminals, screeners, and bots that index Meteora.
* **Pool creation costs \~0.25 SOL.** This is earned back quickly — DLMM fees are far more concentrated than AMM fees, meaning even modest early volume generates meaningful returns.
### Phase 2 Graduation: Post-bonding pool
When the pre-bonding pool is fully bought out, Hatch automatically deploys remaining **30% of the token supply** into 80 bin step, 1% fee tier, post-bonding pool — a full **Precision Curve position on Meteora DLMM**.
This ensures deep long-term liquidity to compound momentum. The Precision Curve is a high-frequency rebalancing and reshaping engine that auto-follows the token price in real-time, maintaining thick, bilateral liquidity on both the SOL side and the token side — permanently.
Key properties of post-bonding pool:
* **Auto-follows price indefinitely.** As the token moves — up, down, sideways — the Precision Curve repositions and reshapes the bin distribution to stay concentrated at active price.
* **Bilateral depth, always.** SOL-side depth above the price. Token-side depth below it. The upside liquidity vacuum that kills rallies in the current model does not form here.
* **Pool is also locked.** Same structural trust guarantee as the pre-bonding pool. Devs cannot pull liquidity, and are rewarded with concentrated fees
Default fee tiers are 1%, but can be customized to 2-5% to boost fee-generation if launchers expect higher volume & volatility
### Liquidity fee-generation & auto-compounding
Every Hatch pool generates fees on both sides of the market: the **token side** and the **SOL side**.
By default:
* **Token-side fees are burnt.** Automatically. This creates a continuous, passive deflationary pressure on the token supply with every trade — a built-in momentum compounder.
* **SOL-side fees are auto-compounded back into the pool.** More SOL depth. More liquidity. More fees. The pool deepens over time with every trade, without requiring any action from the dev or LPs.
* **SOL-side fees are also claimable** by the token dev. By default they compound, but devs can claim them as earned revenue.