Mint a coin.Quote both sides.
On BIDASK a coin never launches into an empty room. It ships with its own market-making booth that quotes buyers and sellers, keeps the fees and can spend profit on buybacks.
The booths
Each coin launched on BIDASK gets a booth on the strip. Tap one to open its books: depth, volume, fees taken, realized profit and coins bought back.
Set up a booth
Name the coin, choose how its pool quotes, and set the house rules. The slip on the right redraws as you type.
Life of a booth
Six beats, from the first block to the first burn.
Coin and pool, together
The token is minted with its market maker attached, so there is a quote from the very first block.
Pick a pool mode
Full range, concentrated, auto-recenter or volatility-aware, depending on how the coin trades.
The booth works itself
Positions are funded, re-weighted and filled without anyone watching the screen.
You write the house rules
Fee tier, price band, quote pairs and how big a single rebalance may get.
Every swap pays the till
Traders pay the fee on each swap. It is split between liquidity providers and the protocol.
Profit buys the coin back
The share of realized net profit you chose goes to buying the coin on the open market.
The $BIDASK loop
A longer strip means more swaps. More swaps mean a bigger protocol take, and that take buys $BIDASK. Arbitrage between venues keeps quotes honest and adds volume on the way.
- 1New coins open new booths
- 2Booths add depth and draw trades
- 3Trades pay fees into the protocol
- 4The protocol take buys $BIDASK
- 5Makers and LPs follow the volume
A desk in a box
Running a market used to mean a trading firm. A booth on BIDASK is a tokenized market-making desk anyone can open, for example a community that wants its coin to always have a fair, deep quote against SOL.
Deposited capital goes into the pool, fees accumulate, and the band moves when price does. A slice of net profit can buy the coin back, and each step is posted on the booth's public books.
booth tape · $KELP 09:12 fund 180.0 SOL → pool 09:13 quote KELP/SOL band ±10% 09:40 swap fees +0.62 SOL 10:27 recenter band moved +4.1% 11:05 swap fees +0.97 SOL 11:30 settle +1.18 SOL net 11:30 buyback 0.47 SOL → KELP burnedOpen a booth like this
More than a mint button
Launchpads made it trivial to create a token. BIDASK makes it just as easy to stand behind one with a working market.
The usual launch
- A ticker and a chart, nothing underneath
- Depth depends on who happens to show up
- Swap fees flow out to someone else
- The only metric is price
A launch on BIDASK
- A coin with its own market-making desk
- A quote on both sides from the first block
- Fees stay with the booth and its LPs
- Depth, volume, fees and burns on open books
Where the money comes from
Five sources of revenue, and every one of them feeds $BIDASK.