1. Create
A creator configures their token — name, ticker, image, supply, and optional vesting schedule — through the Launch app.
Token Lifecycle
Every token launched through the Binder Protocol follows a predictable lifecycle from creation to open trading.
The Lifecycle
Section titled “The Lifecycle”2. Pre-Order
The pre-order window opens. Users buy passes at a fixed price. The window runs for 1-7 days or until all passes sell out.
3. Token Creation
When the pre-order closes, the platform automatically creates the token on PumpFun and mints NFTs for all pass holders.
4. Distribution
NFTs (with locked tokens inside) are distributed to all participants. If vesting is enabled, the unlock schedule begins.
5. Binding
The collection enters Binding status. Additional users can mint NFTs by locking tokens, growing the collection.
6. Trading
The token trades freely on DEXs. NFTs trade on the Binder marketplace. Holders can claim vested tokens over time.
Alternative Path: Bind to Existing Token
Section titled “Alternative Path: Bind to Existing Token”Not all collections create new tokens. Creators can also bind a collection to an existing Solana token:
- Create — Configure collection with an existing token’s contract address
- Launch — Collection goes live in Binding status immediately (no pre-order)
- Binding — Users mint NFTs by locking the existing token inside them
- Trading — NFTs trade on the marketplace with the bound token value
Key Moments
Section titled “Key Moments”| Event | What Happens |
|---|---|
| Pre-order sells out | Token creation begins automatically |
| Cliff event | First batch of vesting tokens unlocks |
| Full vesting | All tokens unlocked — Diamond Hands rewards available |