Coinlator docs

Overview

Coinlator connects two things that were never wired together: pump.fun creator economics and Percolator's on-chain perpetual engine.

When you launch a coin through Coinlator, three things happen automatically:

• Your token is deployed on pump.fun with creator fees routed to a Coinlator vault
• Those fees accumulate as SOL collateral on our Percolator fork
• A leveraged long on SOL opens and maintains itself — no manual treasury, no off-chain routing

How it works

1. 01

   Deploy on pump.fun

   Launch through Coinlator. Creator fees from every swap on your bonding curve route to the fee vault instead of sitting in a wallet.

2. 02

   Fees become collateral

   SOL accumulates in the vault and is deposited as margin into an isolated Percolator market tied to your coin.

3. 03

   Auto long SOL

   The fork opens a leveraged long against Percolator's on-chain LP vault using oracle-derived pricing. No ticker selection. No leverage slider.

4. 04

   PnL flows to the coin

   When SOL moves up, treasury gains compound. Profits can buy back supply, increase collateral, or fund further leverage.

Architecture

pump.fun swap
      │
      ▼
┌─────────────┐
│  Fee Vault  │  ← creator fees (SOL)
└──────┬──────┘
       │
       ▼
┌─────────────┐
│  Coinlator  │  ← fork-only: fee router + auto-long
│    Fork     │
└──────┬──────┘
       │
       ▼
┌─────────────┐
│ Percolator  │  ← LP vault, oracle pricing, H+A/K engine
│   Engine    │
└──────┬──────┘
       │
       ▼
   SOL long ──→ treasury PnL ──→ coin holders

Each deployed token gets its own isolated market instance. One coin's liquidation never touches another's vault — same isolation model Percolator designed for LP depositors.

Fee routing

pump.fun creator fees are earned on every trade of your token — typically a percentage of each swap volume. Coinlator intercepts this stream at deploy time.

As your coin's volume grows, collateral grows, and the long's notional scales with it. The position is continuous — fees stream in 24/7 without intervention.

The fork

Coinlator is built on Percolator — Anatoly Yakovenko's permissionless perpetual markets on Solana. We forked the program and extended it. The core perp math is unchanged.

From Percolator (unchanged)

• On-chain LP vault with oracle-derived pricing
• H + A/K risk engine with isolated per-market risk
• On-chain invariant checks and auto-pause on imbalance
• Token-2022 NFT positions with transfer hooks

Net-new in Coinlator

• Fee router — ingests pump.fun creator fees into the vault
• Auto-long trigger — opens a SOL long on every coin deployment
• Per-coin treasury — each token gets its own market + position

Deploy a coin

1. Connect your wallet on Coinlator
2. Set your token name, ticker, and image
3. Confirm deploy — pump.fun creation + fee routing + auto-long happen in one transaction bundle

There is no configuration step for leverage, underlying asset, or treasury admin. Every Coinlator deployment defaults to a SOL long funded by creator fees.

Treasury & PnL

Your coin's treasury is the combined value of perp collateral plus unrealized PnL on the SOL long.

• SOL up → treasury grows → can buy back supply or add leverage
• SOL down → treasury shrinks → liquidation risk increases if collateral is depleted
• Volume up → more fees → more collateral → larger position over time

The coin is structurally aligned with Solana's native asset. Every pump.fun token lives on Solana — routing fees into a SOL long is the most reflexive bet for memecoin economics.

Risks

Coinlator involves leveraged perpetual positions. Understand these before deploying:

• Liquidation — a large SOL drawdown can liquidate the treasury's long position
• Smart contract risk — fork-only instructions are newer than Percolator's audited core
• Oracle risk — positions are priced via on-chain oracles; extreme events can cause bad fills
• Volume dependency — low trading volume means slow collateral accumulation

This is experimental software. Not financial advice.

FAQ