Launch on pump.fun and your coin comes with its own wallet, its own collateral, its own perp and its own burns. Every five minutes the fire is tended: fees get booked, the position gets worked, supply gets burned.
Every fee divides on contact.
Every trade of a coin pays a creator fee. It lands in the coin's own wallet and the engine splits it within five minutes. The split is locked on-chain at launch. Neither the creator nor athanor can change it. It is checked against the chain before a coin goes live.
Every fee
On-chain, that is 75% of creator fees to the coin's own wallet and 25% to the $ATHANOR burn wallet. Collateral is walled off, so buybacks can never touch it.
pump.fun's own admins can reassign creator fees on any pump.fun coin and can upgrade pump.fun's programs. If that ever happens to a coin, its page says so and its engine stops.
Realized profit
When a coin's perp closes in profit, the gain comes home and is split. Losses are paid back to collateral first, so a coin that is down never burns from profit it does not have.
Two fires under every chart
Fees burn from the first trade
A quarter of every fee buys the coin back and burns it, starting with the very first swap after launch.
Perp wins burn it again
Every profitable close sends 60% back into the coin's chart as another buyback and burn.
The Great Work, in six operations.
What runs under every coin, from the moment you sign to the moment a trade closes in profit.
ConjunctionOne tx, three jobs
A single signed transaction creates your coin on pump.fun, makes your first buy and locks the creator-fee split on-chain. One approval in Phantom.
Hermetic sealA wallet per coin
Every launch generates a fresh Solana wallet for that coin alone. Its key is encrypted with AES-256-GCM before it is ever stored. Coins never share money.
DistillationFees collect themselves
Creator fees are pushed out of pump.fun and into each coin's wallets automatically. Nobody has to claim anything.
SeparationThe engine runs
It reads every coin wallet straight from Solana and books each new fee. Half becomes perp collateral, a quarter is bought back through Jupiter and burned. Collateral is walled off, so buybacks can never touch it.
FermentationThe coin trades its own perp
Collateral goes to work, once it reaches the 0.25 SOL minimum, in a real leveraged position on the market the creator picked at launch: long or short on SOL, BTC or ETH. Every open, fill, close and liquidation is on-chain, on Jupiter Perps. Trades are executed by Jupiter's keepers at oracle prices.
CalcinationWins come home
Profit buys back and burns the coin, buys back and burns $ATHANOR, and funds operations. Losses are paid back first. Only real profit gets split.
Vessels on the fire.
Every coin works its own position. Open one to see its wallet, collateral, PnL and every burn.
$ATHANOR burns from every coin.
$ATHANOR is the furnace under every coin launched here. A quarter of every creator fee and 30% of every perp win, from every coin, buys $ATHANOR and burns it. Every launch is more fuel for the same fire.
Don't trust the alchemist. Assay.
Every coin page shows the following, each linked to its transaction on Solana.
The laboratory.
Every coin launched on athanor, with the position it is running right now.
| Coin | Position | Market cap | Collateral | Open PnL | Burned | Age |
|---|