# Who Benefits & How
Source: https://hatch-6c4c84b8.mintlify.app/f



### 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?

<video />

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

<Tip>
  Default fee tiers are 1%, but can be customized to 2-5% to boost fee-generation if launchers expect higher volume & volatility
</Tip>

### 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.


# Fees
Source: https://hatch-6c4c84b8.mintlify.app/fees



## For Token Devs:

<Note>
  ICYMI: Hatch generates >10x more liquidity fees for token devs because of precision & high-frequency DLMM (as compared to diluted & passive AMM fees on other launchpads)
</Note>

* \~0.249 SOL to launch (For DLMM pool creation & bin initialization fees)
  * Breakeven point: >\$2,000 of trading volume <u>already covers</u> launch cost
  * More importantly: Token liquidity deployment **unlocks exponential fee generation for launchers**
* 20% of LP fees generated (Pump charges 24-75% of pre-bonding LP fees)

## For Traders

* 0% launchpad trading fees
* Traders only pay underlying DEX fees (eg Meteora DLMM fees) that they would already be paying for any swap anywhere


# Hatch vs Pump
Source: https://hatch-6c4c84b8.mintlify.app/hatch-vs-pump



<Tip>
  Welcome to the "Prop AMM" moment of token launchpads
</Tip>

|                                          | 🐣 Hatch                                          | 💊 Pump                                             |
| ---------------------------------------- | ------------------------------------------------- | --------------------------------------------------- |
| Liquidity<br />(For Traders)             | Deep: smooth trades                               | Thin: fragile charts                                |
| Liquidity Position<br />(For Dev & LPer) | Active, high-frequency, precise                   | Passive, diluted                                    |
| Price rally                              | Liquidity remains thick<br />as token price rises | Liquidity gets thinner<br />as token price rises    |
| Trading UX                               | Transparent order book                            | Blind bonding curve                                 |
| Fee generation                           | >10x more                                         | Small, negligible                                   |
| Liquidity Provider<br />(LP) access      | Immediately after launch                          | Bottleneck until LPer <br />pays pool creation cost |
| Token attention<br />& discoverability   | Instantly on screeners                            | Instantly on screeners                              |


# Dev vs CTO Mode
Source: https://hatch-6c4c84b8.mintlify.app/launch-fee-modes



## Dev mode

* 100% SOL-side fees sent to dev (token launcher) wallet
* 100% token-side fees burnt, built-in deflationary PvE

## CTO mode

* 100% SOL-side & token-side fees sent to token stakers
* No lock/cooldown for token staking

<Frame>
  <img alt="Image" />
</Frame>


# Pump AMM Killer
Source: https://hatch-6c4c84b8.mintlify.app/rffsd



<Tip>
  Hatchfun.xyz lets token launchers print exponential fees (>10x vs Pump), and earn more than bundlers or dumpers. The FIRST launchpad that PROVES long-term token deving is more +EV than bundling or dumping

  How? Hatch replaces inefficient Pump AMMs with permissionless token launches directly in Meteora DLMM with high-frequency precision liquidity (Aka fee abundance that flips dev incentives to profit from fees instead of dumping)
</Tip>

# Problem

**Token launch & liquidity models are broken.**

Traders get wrecked from tokens launching into capital-inefficient AMMs that spread thin & diluted liquidity across infinite price ranges, which barely absorb real volume (both organic or toxic). Unstable charts lead to momentum breakdowns and price crashes.

Meanwhile, Liquidity Providers (LP) are excluded during crucial moments of token launch & rally. Pre-bond liquidity is inaccessible. Post-bond LPs are fee-starved by AMMs and fee-extracted by concentrated-pool creation costs. Furthermore, most LPs add capital downside/SOL-side, leaving dry token upsides that limit rallies.

The current liquidity model sets up token rallies to FAIL

**TLDR problems from each POV:**

* **For token devs**: shallow launch liquidity, and diluted AMM fees (leading to adverse incentives to profit from other means. Eg bundling & dumping)
* **For traders**: painful price impact from any (organic or toxic) trading activity
* **For liquidity providers**: Inaccessible LPing during highest volume periods, pre/post-bond

# Solution

<Frame>
  <img alt="Hatch" />
</Frame>

### Deep, active, bilateral liquidity — instantly at launch.

When tokens launch with depth on both sides of price, charts stay clean. Trades execute without violence. LPs earn more. Volume follows. Momentum compounds.

Hatch is a permissionless token & liquidity launchpad built on Meteora DLMM. Tokens launch directly into DLMM (replacing thin/passive/lopsided AMM liquidity), with Precision Curve: a high-frequency rebalancing & reshaping engine that auto-follows and maintains thick depth at market price.


# SDK
Source: https://hatch-6c4c84b8.mintlify.app/sdk



<Check>
  Github SDK:  [https://github.com/hatchfun/hatch-sdk](https://github.com/hatchfun/hatch-sdk)
</Check>

Built for agents and developers alike, Hatch SDK lets you programmatically deploy tokens on [Hatchfun.xyz](http://Hatchfun.xyz) without navigating the UI. Enjoy exponential fee generation with Hatch and claim/manage fees directly.


# 'Order book'  Trading
Source: https://hatch-6c4c84b8.mintlify.app/transparent-trading



## From Black box to Transparent order book

* **Before** = Bonding curve you cannot inspect, high slippage, blind trading
* **After** = Order book transparency, visible liquidity heatmap

<Frame>
  <img alt="AM Mvs DLMM" />
</Frame>

Pre-bonding trading has always been opaque. You trade huge slippage on zero visibility of liquidity depth and actual bonding curves.

For the first time, Hatch lets you make smart and confident trades via unified liquidity bins in one chart - exposing real depth, support, and resistance of tokens.

* **SOL-side bins**: Show you REAL buy-side depth, not theoretical drawn lines or technical analyses
* **Token-side bins:** Show you REAL sell-side depth, visible resistance and momentum drivers.

## Instant LP DCA In/Out (Coming soon)

TLDR: Enter/exit token positions with minimized chart impact


# X Threads
Source: https://hatch-6c4c84b8.mintlify.app/x-threads



* Hatch introductory thread: [X Thread Link](https://x.com/bradydonut/status/2044040729438368102?s=20)
* Token launch playbook: [X Thread Link](https://x.com/bradydonut/status/2049812681948008805?s=20)