User Guide
Last updated: [May 21th, 2026]
Nad.fun is Monad-native launch infrastructure for creators, communities, and token developers to launch tokens, form narratives, and bootstrap early markets on-chain.
We make token creation, trading, and liquidity formation simple, transparent, and customizable.
Token lifecycle
1. Creation
A creator launches a token through nad.fun.
The token becomes tradable immediately after creation.
2. Bonding Curve
New tokens first trade through a bonding curve.
During this stage, users can buy and sell directly on nad.fun. Price changes based on trading activity.
3. Graduation
A token reaches the graduation milestone when the bonding curve has gathered around 225,000 MON and approximately 80% of the token supply has been sold.
At graduation, the remaining token supply and gathered funds are moved to an internal DEX liquidity pool.
4. Post-Graduation
After graduation, trading continues through DEX liquidity.
Depending on the token’s settings, selected fee mechanisms may continue after graduation.
Customizable Fees
Some tokens may use Customizable Fees, allowing creators to route part of trading fees toward supported Fee Vaults.
Learn more: [Customizable Fees]
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