Anyone can buy/sell instantly after issuance. Once the launch pool fills up, the token is automatically listed on the Market.

1. 1

   Issue token

   Enter name, symbol, image and listing threshold (10,000–1,000,000 MTC), then sign once with MetaWallet. Launchpool trading starts immediately.

2. 2

   Launch Pool trading

   Anyone can buy or sell right away. Price follows the constant product formula (k = x·y), and bought tokens are sent to your wallet immediately.

3. 3

   Listing (automatic)

   Once the target is reached or 80% of the launchpool is sold, listing begins automatically. It is only finalized after the order ladder is ready.

4. 4

   Market migration

   Raised MTC becomes bid orders and the remaining launchpool supply becomes ask orders (24 bid / 16 ask levels by default). The server advances this step by step and halts without placing orders if anything looks wrong.

Listed tokens use a standard orderbook with limit/market orders. Anyone can add orders to the bid/ask ladders.

1. 1

   Pick a market

   Click a market card on Market or Launchpad → opens that market's order book.

2. 2

   Place an order

   Enter price and amount. Clicking a level in the orderbook auto-fills the price. Slippage limit is configurable.

3. 3

   Sign with MetaWallet

   The sign request is sent to the mobile app or Chrome extension. Once approved, the transaction is recorded on the Metacoin chain.

4. 4

   Manage fills / open orders

   Check filled and open orders under the "Fills" tab of the trade form. Open orders can be canceled at any time.

We separate what the chain guarantees from what requires trusting us.

1. 1

   Creator supply lockup

   Creators can lock the reserved and creator allocations at issuance. Locked tokens cannot be sold or transferred until the unlock date — the chain rejects both. It is enforced, not just displayed.

2. 2

   Confirm before buying

   Right before you sign a launchpool buy, we show how much creator supply is locked and how much can be sold at any time. If any is unlocked, we warn you and ask you to confirm.

3. 3

   Automatic refund on failure

   If your MTC is sent but the trade does not go through (price moved, supply unavailable, listing in progress), it is queued for refund and returned to your wallet.

4. 4

   Verify on chain

   Locked amounts, unlock dates and pool addresses are all on-chain and verifiable on MetaScan. Returning tokens to the creator after unlock is performed by us — that step requires trust.

MetaWallet is the official Metacoin chain wallet. Both the mobile app and Chrome extension can use the same seed.

1. 1

   Install

   Choose mobile (iOS/Android) or Chrome extension. Download from the footer button or the official site.

2. 2

   Create / restore wallet

   Create a new wallet or restore from your seed phrase (12/24 words). Keep the seed somewhere safe — exposure means loss of funds.

3. 3

   Connect to TheDEX

   Click "Connect wallet" at the top right → Chrome extension auto-connects, or scan the QR code from the mobile app.

4. 4

   Sign / trade

   Approve each transaction (issuance, buy/sell, cancel order) in MetaWallet. Gas fees are deducted in MTC.