Launch modes
PreviewSealed Book, Dutch Descent, Lottery Allocation and Classic Curve, all in Preview.
Preview UI exists, behavior simulated.
| Mode | How allocation works | Designed to reduce |
|---|---|---|
| Sealed Book | Buyers submit sealed bids during a window; all clear at one price when it closes | Front-running and first-block buying |
| Dutch Descent | Price starts high and steps down until supply is taken | Gas races |
| Lottery Allocation | Entries during a window, winners drawn at random, one price | Speed advantages |
| Classic Curve | A bonding curve; price rises with each buy | Nothing specific; the familiar baseline |
Each mode affects the Fair Launch Score.
Last updated 2026-09-28