Degen Launchpad is a dual-chain token creation and launch platform that supports both Solana and X1 Blockchain. It provides the simplest path from token concept to live, tradeable asset — with 100% liquidity provider (LP) lock as a non-negotiable feature.
How It Works
Create: Define your token's name, symbol, supply, and initial liquidity. Degen handles the smart contract deployment and pool creation on your chosen chain (Solana, X1, or both).
Launch: Your token goes live with a bonded liquidity pool. 100% of the LP tokens are locked, meaning the liquidity can never be removed by the creator. This is the platform's core trust guarantee.
Trade: Once launched, your token is immediately tradeable on the DEX. On X1, tokens automatically appear on XDEX, creating a seamless pipeline from creation to trading.
Why 100% LP Lock Matters
Rug pulls — where creators remove liquidity and abandon holders — have plagued the meme token space. Degen's mandatory 100% LP lock eliminates this attack vector entirely. Traders know that they can always sell, and creators know that their credibility is backed by a verifiable on-chain lock.
The platform has facilitated over 71 token launches on X1 mainnet, with 28 tokens establishing active trading pairs on XDEX. Community engagement around launches has been strong, with launch events generating significant social activity and trading volume.
From Launch to Liquidity
Degen's launchpad-to-DEX pipeline is what sets it apart. When a token graduates (reaches 100% bonding curve completion on Degen), it automatically receives a trading pair on XDEX with locked liquidity. This creates a seamless path: create → bond → graduate → trade — all within the X1 ecosystem, no bridging or external DEX required.
Community and Stats
Degen has facilitated 71+ token launches on X1 mainnet, with 28 tokens graduating to full XDEX trading. Launches range from community meme tokens to project tokens with real utility, all benefiting from the same 100% LP lock guarantee.
Official Links
- Launchpad: degen.fyi
- App: app.degen.fyi — create and manage tokens
- DEX Integration: Graduated tokens trade on XDEX
- Staking: DGN staking available for launchpad incentives
Visit degen.fyi to create or discover tokens.
The launch mechanics, verified
The numbers below were read directly from the live Degen app on August 5, 2026. Every token launch on the platform runs through the same parameter set, and the app exposes all of it on each token page — which is itself unusual for a launchpad.
| Parameter | Value |
|---|---|
| Network | X1 Mainnet |
| Token standard | Token-2022 |
| Creation fee | 10 XNT |
| Curve type | Constant Product Curve |
| Quote token | XNT |
| Trade fee | 1.00% |
| Migration threshold | 1,000 XNT raised |
| Graduation fee | 20 XNT |
| Supply sold on curve | 79.31% |
| XDEX LP provision | 20.69% |
| LP lock | 100% |
The split at the bottom of that table is the part worth dwelling on. Just under 80% of a token's supply is sold into the bonding curve; the remaining 20.69% is held back and paired with the raised XNT to seed the XDEX pool at graduation. The creator never controls that liquidity — it is provisioned by the contract and locked at 100%.
The graduation ladder
Degen surfaces three named milestones on every token's bonding curve chart, which gives buyers a shared vocabulary for where a launch stands:
- Heating Up — roughly $724 market cap
- On Fire — roughly $1.6K market cap
- Graduates — roughly $2.8K market cap, corresponding to the 1,000 XNT migration threshold
A token that completes the curve migrates to XDEX with its liquidity locked, and the 20 XNT graduation fee is deducted at that point. Graduated tokens on the platform cluster tightly around a $2.84K market cap immediately post-migration, which is the mechanical consequence of a fixed threshold rather than a market judgement — a useful thing to understand before reading any graduate's chart as a signal of demand.
Anti-snipe and creator tooling
The create flow includes an optional initial buy, letting the creator take the first position on their own token at launch. The stated purpose is defensive: buying a small amount immediately compresses the window in which a sniper bot can accumulate the cheapest part of the curve. It is a partial mitigation rather than a fix, but it is more than most launchpads offer.
Creators can attach a logo, a description of up to 255 characters, and a shill video — either uploaded or linked — which surfaces on the platform's Shill Board. Each token also gets a Token Group Feed for community discussion, alongside transactions and holders tabs. A Degen Skulls NFT is checked at creation time and affects fee treatment for holders.
Current state of the platform
As of August 5, 2026 the app lists tokens across six pages of twenty, putting the catalogue comfortably above 100 launches, with at least twenty tokens showing a completed curve under the Graduated filter. Activity is dominated by community meme tokens — the platform's own test tokens are visible in the feed too — with market caps for live curve tokens generally sitting in the $190–$400 band and graduates at the $2.8K migration mark.
That is a small market in absolute terms, and it should be read as such. The interesting property is not the volume but the structure: every token on the platform carries the same locked-liquidity guarantee, and the pipeline from creation to a tradeable XDEX pair runs end to end inside the X1 ecosystem with no bridging and no external DEX.
A note on the dual-chain framing
This article was originally published describing Degen as a dual-chain launchpad spanning Solana and X1. As observed on August 5, 2026, the live create flow reports its network as X1 Mainnet, and token routes on the app are namespaced by chain (/token/mainnetX1/...). Readers planning a Solana launch should confirm current chain support in the app before committing the 10 XNT creation fee.
For a broader look at what X1's fee structure makes economically viable, see our analysis of which chain wins the AI agent economy.