How it works
Launch a coin and its fees go to auction. Every coin on GAVEL is a pump.fun launch paired with an asset you choose — a stock like TSLAx, a major, a meme — and its creator fees are collected into a house and sold as a lot every few minutes. Bidders pay in the coin. The winning bid burns. Losing bids come straight back. You set your cut at launch, and nobody can change it after.
Four movements, every lot
- Fees land in the houseEvery trade on pump.fun pays the coin's creator tax, up to 3%, in its pair asset. The coin's creator is the house itself, so nobody can point the fees anywhere else.
- A fifth goes to the $GAVEL burner20% of every fresh fee moves to the burner for that pair asset, which auctions it for $GAVEL and burns the winning bid. The other 80% becomes the lot.
- The room bids in the coinBids are held, never spent. Each beats the last by 1%. A bid in the final seconds pushes the hammer back.
- The hammer fallsThe winner takes the pot in the pair asset, the creator takes their cut, whoever settled takes 2.5% — and the winning bid burns.
A burn engine you never touch
No bot to run, no keys to hold, no buyback wallet to explain. It runs itself and anyone can crank it.
Pots in a real asset
Pick from every pump.fun pair: xStocks, majors, memes. Winners and creators are paid in that asset, not in your coin.
A cut of every pot, forever
Set 0–30% at launch. It is owed to your wallet on every sold lot and neither you nor we can change it after.
A live room, not a chart
Something happens on your coin every few minutes. A countdown, a ladder, a hammer. Attention compounds.
Why an auction
Most coins buy their own token back with a bot. The bot pays whatever the curve asks, eats the slippage, and can be seen coming. Here the auction is the buyback: bidders compete to convert the pot, so the burn happens at a price the room agreed on — and the house never buys, it only sells what it took.
Pair it with a stock and the pot is a stock. Every lot prints what that pot was worth next to what the winner actually paid in the coin. That premium, published every few minutes, is the whole argument.
$GAVEL
Each pair asset has one burner. Every house sends it a fifth of its fresh fees, and once $GAVEL launches the burner sells what it holds to the highest bid in $GAVEL every five minutes — and burns that bid. Until then it simply accumulates. $GAVEL itself is a plain pump.fun coin whose creator rewards fund development and audits; it is the one coin here that is not auctioned.