To enhance the Alpha Zone trading ecosystem and better serve users’ demand for new token trading, Gate Alpha now officially supports internal trading for four of the most popular token launchpad platforms: Pump.fun, Bonk.fun, Launchlab, and Moonshot. We will continue expanding support to additional platforms in the future, building a more robust internal trading market.
You can participate in internal trading on Gate by following these steps in the Gate App:
Note: Please make sure your App is updated to version 7.12.5 or above. If not, this feature will be unavailable.
Start trading on Gate Alpha now: https://www.gate.com/alpha/bsc-0xe6df05ce8c8301223373cf5b969afcb1498c5528
For example, Pump.fun is a meme coin launchpad built on the Solana blockchain that focuses on fair and open token issuance. Key features include:
Such platforms enable users to participate in early-stage projects at a lower cost, offering highly dynamic markets with significant volatility.
Internal trading refers to the earliest stage when tokens are traded exclusively within the launchpad platform. Prices are determined by a bonding curve mechanism.
On Pump.fun, for example, all funds raised during this stage remain in the platform’s liquidity pool and do not enter the open market.
Once internal liquidity reaches a set threshold (e.g., 85 SOL), the platform automatically transfers the funds and tokens to a decentralized exchange such as Raydium, creates a liquidity pool. Trading then opens to the wider market.
Liquidity migration refers to the process where tokens move from the internal phase to an external exchange (like Raydium) to establish a publicly tradable market. This process typically takes a few minutes to several hours, depending on blockchain congestion. During migration, trading is paused—please wait until the token is fully listed on the market.
The Alpha Zone spotlights early-stage, high-potential crypto assets. These assets typically have low market capitalization, offer high innovation, and carry elevated risk. Please note: listing in the Alpha Zone does not guarantee future listing on Gate’s main spot or derivatives markets. The prices of such assets can be highly volatile and may result in partial or total loss of your principal. Always carefully consider your risk tolerance before trading.
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