Bonding Curves and Graduation, Explained

The Bandit Team5 min read

Every coin on Bandit starts on a bonding curve and, if it catches on, graduates to a real DEX pool. Those two words carry the whole model. Here is what they mean.

What is a bonding curve?

A bonding curve is a pricing formula: the more of a coin that has been bought, the higher the price of the next token. There is no order book and no listing step. The curve itself is the market. On Bandit every coin has a fixed supply of one billion tokens and is priced in WETH, so the price you see is a direct function of how much has been bought so far.

Raise tiers

When you launch, you pick how much the curve should raise before graduation:

  • Quick Shot raises 2 ETH on a shallow curve that fills quickly.
  • Power Play raises 4 ETH on a balanced curve.
  • Moon Mission raises 8 ETH on the deepest curve.

The exact contract parameters are in the developer docs if you want to index them.

Graduation

A coin graduates when its curve reserve falls to the graduation threshold, which is 125 million tokens remaining. At that moment the raised liquidity migrates into a canonical Uniswap V3 pool, paired against WETH at the 1% fee tier. From then on the coin trades like any other Uniswap token. The creator earns 30% of trading fees, paid on-chain at graduation.

Why locked liquidity matters

When a coin graduates, the Uniswap liquidity position is locked forever with no claim path. That removes the most common rug vector: no one, not even the creator, can pull the liquidity out from under holders. It is a structural trust signal, not a promise.

For developers

Graduated coins are ordinary Uniswap V3 pools, so if you already index Uniswap V3 on Robinhood Chain they appear automatically. The integrator recipes cover exactly which events and endpoints to watch, from new launches to graduation.