Glossary

Bonding curve. The price rule of a pump.fun or Pons coin: the price rises as people buy and falls as they sell, with no order book.

FDV. Fully diluted value: the price times the total supply.

HingeLauncher. The contract on Robinhood Chain that launches a coin on Pons for the keeper.

HingeVault. One per coin. Receives the Pons creator fees and splits them between the creator's address and Hinge.

Graduation. The moment a curve is full and the coin moves to an open market.

Keeper. The service that watches for deposits and runs the launches. See the operator.

Pons. The launchpad on Robinhood Chain.

pump.fun. The launchpad on Solana.

Reference. The id of a launch request, written in the data of the deposit transaction so the keeper can match it.