What LaunchLab creates
LaunchLab is Raydium's bonding-curve launchpad program. This tool calls its initialize_v2 instruction with Raydium's own platform account (the default on raydium.io) and the SOL constant-product config. The program creates a standard SPL token with 6 decimals and 1,000,000,000 supply, its Metaplex metadata, and a curve that sells 793.1 million tokens until 85 SOL has been raised. It keeps no mint or freeze authority.
When the curve fills, Raydium migrates the coin to a CPMM pool with the 85 SOL and the remaining 206.9 million tokens. Your dev buy, if you set one, runs in the same transaction on the brand-new curve with buy_exact_in, so it gets the first and cheapest tokens and can't be front-run.
LaunchLab, Bonk.fun or your own pool
Bonk.fun runs on the same LaunchLab program and curve, under its own platform account with a 1.5% trading fee and its own listing on letsbonk.fun; use the Bonk.fun launcher for that. If you'd rather set your own supply and price from the first second, create a Raydium CPMM pool directly with the Raydium launcher. To buy from several wallets in the launch block, use the LaunchLab bundle launcher.
Questions & answers
Where does my coin appear?
It is created under Raydium's LaunchLab platform account, the one raydium.io uses, so Raydium's launchpad pages and launch listings attribute it to Raydium.
Can I change the supply, curve or target?
No. The tool uses Raydium's default LaunchLab settings: 1,000,000,000 tokens, 793.1 million sold on the curve and an 85 SOL target, migrating to CPMM.
Do I earn anything as the creator?
Yes. Raydium's LaunchLab platform gives the creator 0.05% of every curve trade, paid into a creator fee vault for your wallet.
Why buy in the same transaction?
So nobody buys before you. A dev buy inside the create transaction runs on the fresh curve before anyone else can trade it.
Is this non-custodial?
Yes. The mint key is generated in your browser, you sign in your own wallet, and the coin and tokens are yours.
Is there a fee?
A LaunchLab launch costs SOLTidy's flat 0.1 SOL, paid in the same transaction. LaunchLab charges no create fee; the new accounts take about 0.021 SOL of rent and Metaplex's metadata fee, and your dev buy pays LaunchLab's 1.05% trading fee.