Lilypad docs

What is Lilypad

Lilypad is a launchpad for frog coins on Solana. Anyone can launch a coin in one transaction. It starts trading straight away on a bonding curve, and once enough SOL has gone in it graduates into a permanent Raydium pool.

Under the hood, Lilypad runs on Raydium LaunchLab, the same program behind other Solana launchpads. Lilypad adds the frogs, the site and the Pond.

Launching a frog

1. Go to Launch and connect any Solana wallet (Phantom, Solflare, Backpack…).
2. Add an image, a name and a ticker. A description and links are optional.
3. Optionally set a first buy, which makes you the first holder, at the lowest price on the curve. It's always entered in SOL: for Pepe- or stock-paired frogs, Lilypad swaps it into the pair token through Jupiter first (one extra wallet approval).
4. Approve one transaction. Your frog is live as soon as it confirms.

• Supply1,000,000,000
• Launch cost≈ 0.021 SOL + first buy
• Decimals6

If you leave the website field empty, it's set to your coin's own Lilypad page (lilypad.cash/coin/<CA>), so wallets and explorers link straight back to it.

Pairs & stocks

Every frog trades against one pair asset, chosen at launch. It's what buyers pay with, what the curve raises, and what the graduated pool is paired with.

• SOL is the default. SOL frogs graduate at 85 SOL.
• Memecoins: pair your frog with Pepe. Buyers pay in that memecoin, and the frog graduates at about $10,000 worth of it, fixed in tokens when the frog launches (so the dollar value moves with the memecoin).
• Pre-IPO: pair your frog with T-OpenAI (OpenAI), tokens by Tessera that give economic exposure to private companies before they list. They aren't shares, and they can trade above or below the issuer's reference price.
• Tokenized stocks: pair your frog with one of 24 xStocks, tokenized shares issued by Backed. Buyers need that stock token to buy (you can swap SOL into it on Jupiter). Stock frogs graduate at about $10,000 worth of the stock, fixed when the frog launches.

AAPLxAMZNxBRK.BxCOINxCRCLxDFDVxGLDxGMExGOOGLxHOODxINTCxKOxMCDxMETAxMSFTxMSTRxNVDAxPLTRxQQQxSPCXxSPYxSTRCxTSLAxVIDAx

Fees work the same for every pair (see Fees); they're just paid in the pair asset.

xStocks are issued by Backed, not Lilypad. Backed can freeze or move xStock tokens, and xStocks aren't available in some countries, including the US. Check whether you're allowed to hold them before you trade a stock-paired frog.

The bonding curve

Every frog starts on a constant-product bonding curve. The price is set by the curve, not an order book: each buy pushes the price up and each sell brings it down. There's always liquidity, so you can buy or sell at any time.

793,100,000 tokens (79.31% of supply) are sold on the curve. A SOL frog graduates when the curve has raised 85 SOL; a memecoin or stock frog at about $10,000 of its pair. The progress bar on each coin page shows how close it is.

Frog mode 🐸

Frog mode is the lowest-cap launch on Lilypad. Switch it on in the launch form and your frog starts at a $100 market cap on a very thin curve, so every buy and sell moves the price hard.

• Starts at$100 MC
• Graduates at≈ $3.2K MC
• Start → graduation32×

• Frog mode frogs are paired with Pepe. SOL pairs can't start this low: Raydium requires at least 24 SOL raised, which puts the lowest SOL start near $600.
• 85% of supply is sold on the curve, the most Raydium allows. The curve raises about $482 of Pepe, fixed in tokens at launch.
• At graduation the other 15% of supply and the raised Pepe (≈ $480) seed the Raydium pool, so Frog mode coins stay volatile after graduating too.
• The creator's first buy is capped at 0.1 SOL, which already buys about 10% of supply.
• Frog mode coins carry a 🐸 badge in the feed and on their coin page.

Graduation

When a frog hits its target, it migrates to Raydium automatically:

• The raised SOL (or pair token) and the remaining 206,900,000 tokens seed a Raydium CPMM pool.
• 85% of the LP is burned and 15% is locked forever in Raydium's LP lock. The liquidity can never be withdrawn.
• There's no migration fee.
• From then on the frog trades on Raydium, Jupiter and everywhere else Raydium pools are routed.

Fees

Traders pay one fee per trade. There's no creator tax and no hidden fees.

On memecoin- and stock-paired frogs the same percentages apply, paid in that token. Launching costs only network rent (≈ 0.021 SOL). Lilypad charges nothing to launch.

The Pond

Every fee Lilypad earns flows into the Pond, and the Pond is reserved for $LILY buybacks. The home page shows how much is in it, counted live from the chain: the fees still waiting in the vaults plus every claim ever taken out of them. Fees from memecoin- and stock-paired frogs are counted at today's price.

Anyone can verify it: the vault is FQmo5yqtooUaWhwq4GYPSjhTfaQMYRo9nbCN6uoDf3GU ↗

$LILY

$LILY is Lilypad's own coin, live on pump.fun. The Pond is used to buy $LILY back from the market, so the more frogs trade on Lilypad, the more $LILY gets bought. Buy $LILY on pump.fun ↗

Token safety

Every coin launched on Lilypad has, on-chain and from the first block:

• Mint authority revoked. The supply is fixed at 1B; no one can mint more.
• Freeze authority revoked. No one can freeze your tokens.
• Immutable metadata. The name, ticker and image can't be changed after launch.
• Liquidity locked on graduation. LP is burned or locked forever.

Safe contracts don't make a coin a good investment. Memecoins are extremely volatile. Only trade what you can afford to lose.

Frogs only

Lilypad is a frog pond. Anyone can launch, but our listings are for frog coins. Coins that aren't frogs, impersonate other projects or break the rules can be hidden from the site. Hidden coins still exist on-chain; Lilypad just doesn't show them.

Addresses

Raydium LaunchLab program

LanMV9sAd7wArD4vJFi2qDdfnVhFxYSUg6eADduJ3uj ↗

Lilypad platform config

FH4oVxDtk3k5FXZHsy96bLLgBSfQqjvnJmxUo26ZwS6P ↗

Lilypad fee wallet

CYvAUiVyhUWHhRCttktx2HyZrA9p4BhBcFcXt1ERpuEy ↗

Pond fee vault (SOL)

FQmo5yqtooUaWhwq4GYPSjhTfaQMYRo9nbCN6uoDf3GU ↗

Raydium CPMM fee tier (post-grad)

D4FPEruKEHrG5TenZ2mpDGEfu1iUvTiqBxvpU8HLBvC2 ↗

FAQ