Trading
Buying and selling on the curve and on the pool, and what the panel is telling you.
What the curve takes, and what you can pay with
A coin is priced in one asset, and that is the only thing the program accepts for it. Usually a tokenized stock; sometimes SOL, USDC, or a bundle of stocks. The coin's page names it, and the trade panel shows what you hold of it.
You do not have to hold it to buy, though. Almost nobody holds a tokenized stock, so the trade panel offers to start from SOL or USDC instead: your wallet swaps into the coin's quote asset, then buys the curve. That is two signatures rather than one, and the panel says so before you sign either. The swap is routed by Jupiter, so the price is whatever the open market offers rather than anything this site decides.
The exception is a coin already priced in cash, which needs no route into itself, and a coin priced in a bundle, which no market makes a price in. For those the panel asks for the asset directly.
A coin priced in SOL takes wrapped SOL
That is a detail of how Solana represents its own token, not something you have to think about: the buy wraps exactly what it needs in the same transaction. Your balance reads as plain SOL throughout.
Buying
Type an amount of the stock. The panel quotes what you will receive, computed from the same curve the program runs, so the number you see is the number you get unless someone trades ahead of you.
Three things come off before the curve sees your money:
| Deduction | When |
|---|---|
| Opening tax | Only in the first thirty seconds after a bell |
| Protocol fee | Every trade, one percent |
| Creator tax | Only if the creator set one |
Selling
Type an amount of the coin. The fee comes off what you receive rather than what you pay. There is no opening tax on selling, at any hour.
Slippage
The panel defaults to one percent and offers half a percent and three. The number becomes a minimum you will accept, enforced by the program: if the market moves against you past that point while your transaction is in flight, it fails and you keep your funds.
When the market is shut
The panel is replaced by a countdown to the next bell, and the program would refuse the trade anyway. Nothing queues. When the bell rings, the first trades pay the opening tax.
Curve or pool
Before graduation you trade against the curve. After it, against the pool. The page tells you which, the buttons are the same, and so are the fee, the creator tax and the hours.
The gap between sessions is real
Price does not move while the market is shut, but the world does. A coin can open well away from where it closed, and no stop or limit exists here to protect you across that gap. Only trade what you can leave alone overnight.