Markets
Bonding Curve
Learn how WickDeck bonding curves price buys and sells, raise USDC or EURC, apply trading fees, reserve token supply, and progress toward Ignition.
What is it?
The bonding curve is the market before Ignition. Traders buy tokens from the curve and sell them back into it. The curve is denominated in the launch’s raise asset (USDC by default; EURC is the other listed option).
Why does it exist?
A curve gives every native launch the same price-discovery venue before a DEX pool exists. It also defines when Ignition can happen: the quote raised has to reach the tier cap.
How does it work?
- 70% of total supply is sellable on the curve.
- 30% is reserved to seed locked AMM liquidity at Ignition.
- Virtual reserves are calibrated so a pure-buy path completes when the quote cap is filled.
- Each trade pays the factory trading fee into the Fee Vault. The fee is not kept inside the curve inventory.
Price on the curve moves as quote goes in or out. That move is inventory math, not a forecast.
What can go wrong?
Selling back into a thin curve moves price against you. The curve can expire before it fills. Other traders can buy the remaining inventory and trigger Ignition while you still hold.
What should traders understand?
The terminal shows raised quote, remaining quote to Ignition, and bonding progress. Those figures describe the curve, not whether the token is worth holding after Ignition.
WickDeck protocol constraints can reduce certain technical risks, but cannot guarantee token value, creator behavior, market liquidity, or trading outcomes.