Skip to main content

Exchange

There are no fee tiers: one canonical pool per pair per type, so liquidity never fragments across parallel versions of the same market.
Fees are dynamic: they rise with measured price volatility and relax when the market calms, always within governance-set bounds. The pool’s current fee is shown before you trade.
For CL pools, yes — anyone can list any pair. CP pools are opened by launchpad graduations, and STABLE listings are permissioned because the amplified curve assumes its pair holds a peg. The reasoning per type is in who can create pools.
No. Orders are filled inside the very swap that crosses their price — by the time the order closes, that swap has already settled, so a fill cannot be undone.
Split between the pool’s liquidity providers and the protocol — the protocol share is capped by design at half the fee and will feed the Earn layer.

Earn

The Earn layer is not on testnet yet; its section is a stub until it ships.

Bridge

The transfer waits for Circle’s attestation of the burn — minutes, depending on the source chain’s finality. Chains with fast transfer clear against a lower finality threshold, and the app quotes the expected time before you send.
Circle’s fee is deducted from the mint on the destination, not charged on top: you are debited exactly what you send, and the recipient receives the amount minus the fee.
No — it is canonical USDC, minted by Circle against its own attestation. Nothing is wrapped and no third-party validator set is involved.

Launchpad

Before graduation the token only moves between you and its bonding curve — the transfer gate closes the pre-launch side-market, so there are no OTC deals and no early pools. It lifts permanently at graduation.
Yes, in the strongest sense available: the locker has no function that could withdraw the position. It is not a timelock that expires or a permission that could be granted — the capability does not exist in the contract.
Nobody: once the curve completes, anyone can trigger graduation, and the caller earns a reward for doing it.
No. The launchpad is permissionless, and tokens launched on it are community experiments — not reviewed, vetted, or endorsed by Lunya.

Raise

Not yet. Raise — where projects run token sales in dollars, on terms they set themselves — is in development; participation details will be published there when it ships.

Points

One point per dollar — swapped by you, traded by you on the launchpad, traded through liquidity you provide, or traded by anyone on tokens you launched. Counting has been on since the first block of the testnet deployment.
Nothing has been announced about what points convert into. The programme counts activity; it is not a promise of any future distribution.
A week runs Thursday 00:00 UTC to Thursday 00:00 UTC. Your all-time total keeps accumulating; the weekly view starts fresh each Thursday.